TITLE

Kenya Stocks Looking Good

PUB. DATE
January 2004
SOURCE
Middle East & Africa Financial Alert;1/5/2004, Vol. 3 Issue 15, p5
SOURCE TYPE
Industry Profile
DOC. TYPE
Industry Overview
ABSTRACT
This article presents information on economic conditions on Kenya. Equities have had a tremendous year, with the NSE-20 index rising by almost 100%, to around 2,737 points. Since then, the index has experienced a further spike higher, as expectations of sustained economic recovery feed into stronger corporate results. Construction stocks have performed very strongly in 2003. In early December 2003, the World Bank disbursed U.S. $50mn in budgetary support and finance minister David Mwiraria has stated that donors from 25 agencies and countries have pledged a total of U.S. $4.1bn over the coming three years.
ACCESSION #
12193976

 

Related Articles

  • Kenya: EU Money Through.  // Emerging Markets Monitor;12/13/2004, Vol. 10 Issue 34, p15 

    Focuses on the economic conditions of Kenya with regards to the economic aid given by the European Union (EU) in December 2004. Requirements needed before receiving the EU aid; Complaints made by the World Bank regarding the economic reforms of the country; Inflation rate reported for November...

  • Waiting On The Fund.  // West & Central Africa Monitor;Aug2003, Vol. 4 Issue 8, p4 

    For emerging nations seeking financial support to fill large budget deficits, one sure way of winning over powerful G-7 allies is a constructive stance on the global "war on terrorism." This is certainly the case for Kenya, with National Security Minister Chris Murungaru claiming that the U.S....

  • Egypt's Hermes Sets New High.  // Emerging Markets Monitor;6/27/2005, Vol. 11 Issue 12, p20 

    Reports on the status of stocks prices at the Hermes Index of Egypt in June 2005. Increase in the stocks prices; Contribution of the initial public offering for the state-owned Sidi Krir Petrochemicals to the increase; Completion of the country assistance strategy of the World Bank for Egypt;...

  • Kenya Waiting On The Fund.  // Emerging Markets Monitor;11/17/2003, Vol. 9 Issue 30, p17 

    Presents an update on the Kenyan economy as of November 17, 2003. Valuation of the Kenyan shilling; Discussion on the chances of a resumption of International Monetary Fund aid to Kenya; Proposed monthly salary increase for the lowest paid staff.

  • The World Bank and the New Politics of Aid. Gibbon, Peter // European Journal of Development Research;Jun93, Vol. 5 Issue 1, p35 

    Examines the policies employed by the World Bank in the international development assistance scene in the 1980s and 1990s. Structural features of the changes; Approaches adopted by the bank for the elimination of poverty; Policy of the bank towards governance and political conditionality.

  • World Bank program continues at a crawl. V.L. // China Business Review;Jul/Aug90, Vol. 17 Issue 4, p4 

    Reports on the May 29, 1900 meeting of World Bank's executive board over its China program. Approval of a $300 million forestry project; Denial of consideration of the Jiangsu transport project; Other Bank loans to China approved since June 1990; World Bank's justification for continued lending...

  • FACT FILE.  // Canada & the World Backgrounder;Sep2003, Vol. 69 Issue 1, p10 

    Deals with the activities of the World Bank in 2002.

  • WORLD BANK WEIGHS KOSOVO AID. Ichniowski, Tom // ENR: Engineering News-Record;07/19/99, Vol. 243 Issue 3, p12 

    Reports on the World Bank's grants considerations for Kosovo for emergency reconstruction of the province in Yugoslavia. Preliminary figures of its grants for 2000 and 2001; Severity of Kosovo's infrastructure damages; Cost of the Bosnia and Herzegovina reconstruction program.

  • WORLD BANK OK'S LOANS TO IRAN.  // ENR: Engineering News-Record;05/29/2000, Vol. 244 Issue 21, p22 

    Announces that the board of World Bank has approved two loans to Iran despite opposition from the United States (US). Total amount of the loan; Purpose of the loan; Amount of money committed by the World Bank to Iran from 1990-1993.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics