The Central Bank of Kenya reported that commercial banks’ excess reserves stood at KSh 28.8 billion in relation to the 4.25% cash reserves requirement (CRR). The Cytonn Money Market Fund ...

Money market funds have the flexibility to invest in instruments denominated in foreign currencies. [iStockphoto] Kenya, like many emerging economies, has had a fair share of economic ups and downs.

Additionally, money market funds in Kenya are known for their transparency and regulatory oversight. Asset management companies such as CIC Asset Management are regulated by CMA which ensures all ...

For Dangote, the Java deal gives him a toehold of the Kenyan market after delayed attempts to invest in the country’s cement and mining businesses.