Kenya’s private sector activity witnessed a modest improvement according to Stanbic Bank’s latest Purchasing Managers’ Index (PMI) for May 2024.…
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The latest business and financial market news and analysis from East Africa and the Continent.
Africa Mega Agriculture Center (AMAC) Limited has proposed acquiring a controlling 84.42% stake in Kenya Orchards Limited (KOL), a publicly…
Fuel prices in Kenya have been revised downwards by the Energy and Petroleum Regulatory Authority (Epra) for the June/July 2024…
Kenya’s Finance Minister Prof Njuguna Ndung’u presented the 2024/25 budget, aiming to tackle Kenya’s high debt while supporting the ongoing…
The International Monetary Fund and Kenya reached a preliminary agreement to unlock about $1.1 billion. The funding is under the existing…
Kenya’s central bank, the Central Bank of Kenya (CBK), opted to maintain its benchmark lending rate at 13.0% on Wednesday.…