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| [ALERT] S&P downgrades SA's local currency debt to 'junk' status Moody's rates the country's foreign and local currency debt on their lowest investment grade rung of Baa3. The downgrade by S&P comes after Finance Minister Malusi Gigaba shocked markets on 25 October by flagging sharply weaker growth expectations, a wider budget deficit and rising government ...
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| New currency notes to be issued by May 2018 The new generation currency notes will be issued before the end of May 2018, the Central Bank of Kenya has said. "We are moving ahead with the production and issuance of the new generation currency consistent with the constitution," CBK governor Patrick Njoroge said. "We expect, according to our ...
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