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Tuesday, 27 October 2026 Reading Room

Finance & Markets

KRA Sets Market and Prescribed Interest Rates at 9% for Fourth Quarter

The Kenya Revenue Authority (KRA) has set the market interest rate and prescribed rate of interest at 9% for the fourth quarter of 2026. In a notice, the tax authority said the market interest rate under Section 12B of the Income Tax Act will apply for October, November and December 2026. KRA also set the [...] The post KRA Sets Market and Prescribed Interest Rates at 9% for Fourth Quarter…

kahawatungu.com ·

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China, Hong Kong stocks edge lower as tech shares extend slide

HONG KONG: China and Hong Kong stocks inched lower on Tuesday, giving up opening gains as tech shares resumed their decline, while faster industrial profits growth failed to lift sediment. By the midday break, the Shanghai Composite index was down 0.1% at 3,692.58 points. The blue-chip CSI300 index was also down 0.1%.

·brecorder.com

Australia, NZ dollars brace for volatility as rate risk looms

SYDNEY: The Australian and New Zealand dollars flatlined on Tuesday as investors braced for major event risks in both countries that will set the outlook for interest rates in coming months. The Aussie idled at $0.7020, having eased 0.2% overnight after faltering at $0.7040 resistance. Support lies around $0.7005 and $0.6895.

·brecorder.com

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