The Nairobi Securities Exchange (NSE) has shed Sh63.1 billion in investor wealth over the past two weeks, signalling investors’ concern over the impact of anti-government protests on the economy.
The shilling has also seen slight volatility over the past week on uncertainty over the government’s spending plans following the withdrawal of the Finance Bill 2024, and the prospects of higher borrowing which is likely to keep interest rates elevated in the near term.
