Desouza News

Import-export deficit narrows to 11-year low

Renaldo Desouza, head of research at Nairobi-based investment bank Sterling Capital, said the big change in the current account was not surprising after the more than 30 percent increase in diaspora remittances and improved earnings from agricultural exports and tourism.

Business Daily Africa , Kenya Feb 6, 2019

Import-export deficit narrows to 11-year low

Renaldo Desouza, head of research at Nairobi-based investment bank Sterling Capital, said the big change in the current account was not surprising after the more than 30 percent increase in diaspora remittances and improved earnings from agricultural exports and tourism.

Daily Nation , Kenya Feb 6, 2019

World Bank loans up but China on decline

A shift in focus would have meant that China’s debt would be near or around the same level as the previous quarter while that of the WB or other financing partners would have increased,” said Reynaldo Desouza, an analyst with Sterling Capital, an investment bank.

Business Daily Africa , Kenya Jan 24, 2019