Stock News - Equity Bank up on improved Economic outlook
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Kenya's Equity Bank (EQTY.NR: Quote) is trading at a session high of 16.00 shillings ($0.207), up 1.27 percent, mainly due to an improved economic outlook, traders say.
World trade will grow by nearly 10 percent this year, rebounding strongly from the economic crisis and shrugging off halting progress in the eight-year-old Doha round, World Trade Organization figures showed on Friday.
The Central Bank of Kenya (CBK) is mulling new ways to spur a savings culture amongst women in Kenya.
CBK Governor Prof Njuguna Ndungu said on Friday that this was in an effort of tapping more into the wealth potential that exists in the rural areas. He said this would enable women to take up a more proactive role in growth of the economy.
During a session with the IMF chief Dominque Strauss who is on a 