Rufas Kamau - Profile and Journalist Details
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Rufas Kamau
Verified
Senior Contributor, Forbes
Nairobi
Beats
Biography
I work as a financial markets researcher and analyst for Scope Markets Kenya. I have extensive experience trading Forex, stocks, and cryptocurrencies. I write about market trends, real-world fintech projects, macroeconomics, and blockchain. I've written about global financial markets, personal finance, technology, and investing for Scope Markets and Business Daily Africa. As a thought leader on global financial markets, currencies, and macroeconomic trends, I've been corresponding with Metropol TV Kenya and KTN News Kenya.
Blockchain , Macroeconomic Newsstock Markets
Content
By Rufas Kamau| Business Daily Africa Verified Data HubIs Kenya headed into economic recession? A looming recession is like a horror movie, you know something bad is going to happen but you can’t look away. This refers to stress signs that indicate that an economy is about to go through two or more quarters of contraction. Last week, the Central Bank of Kenya (CBK) raised interest rates by 50 basis points to 13 percent.
By Rufas Kamau| Business Daily Africa Verified Data HubPetrol or electric car makers, which is the best investment option? In today’s automotive car market, every potential car buyer faces a tough dilemma: to embrace the traditional roar of an internal combustion engine (ICE) or to venture into the electrifying domain of electric vehicles (EVs). This decision isn't merely about horsepower and torque; it's a journey propelled by the powerful winds of media campaigns urging us toward a zero-emission future.
By Rufas Kamau| Business Daily Africa Verified ColumnistsInvestment scene in 2024 Last year delivered divergent fortunes for investors, with the Nairobi Securities Exchange experiencing a significant downturn, evidenced by a 23.3 percent decline in the NASI index and a 10.3 percent drop in the NSE 20 index. Meanwhile, astute traders converting Kenyan shillings to USD reaped benefits as the local unit depreciated by an estimated 29 percent against the greenback.
Company Info
Forbes