Highlights Kenyan financial markets will sell off considerably ahead of the presidential elections next August given the backdrop of very weak growth, a rising public debt-to-GDP ratio and growing odds of a shift away from orthodox…

The Kenyan shilling will depreciate by 15-20% in the next 12 months. The downward pressure on the currency stems from the country’s sizeable current account deficit. In addition, Kenya needs lower local interest rates and a weaker…

Kenya: An Incomplete Adjustment The Kenyan shilling will depreciate by 15-20% in the next 12 months. The downward pressure on the currency stems from the country’s sizeable current account deficit. In addition, Kenya needs lower…