By
Kepha Muiruri
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) will add platinum and silver to its reserves as it looks to diversify from foreign currency and gold, which is the only commodity in its vaults.
Both silver and platinum have benefited from strong industrial applications, which have set them apart from gold’s primarily monetary and safe-haven role.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) will add platinum and silver to its reserves as it looks to diversify from foreign currency and gold, which is the only commodity in its vaults.

Kenya’s artisanal and small-scale mining sector is estimated to produce hundreds of kilos annually. Most of this is exported…

Central banks across emerging markets have been increasing gold holdings as a safeguard against geopolitical risks and currency…

The government said that the claim by ‘Bloomberg’ was false and cited central bank data showing that the share of gold in India’s…

Africas leading gold-producing nations could be among the biggest beneficiaries of a historic shift in global reserve management…

The government has imposed restrictions on silver imports, according to an official order issued on Saturday, as authorities…

The Centre has restricted imports of certain silver categories, including high-purity silver bars, making licences mandatory to…