Kenya’s fiscal landscape has deteriorated significantly, with global credit ratings agency S&P downgrading the country’s sovereign credit rating to “B-“…
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The latest business and financial market news and analysis from East Africa and the Continent.
The Cabinet Secretary for the National Treasury and Economic Planning, John Mbadi, has directed the Kenya Revenue Authority (KRA) to…
The Energy and Petroleum Regulatory Authority (EPRA) has maintained fuel prices for the period August 15 to September 14, 2024.…
The African Export-Import Bank (Afreximbank) has announced plans to significantly increase its financing for intra-African trade from $20 billion in…
Morgan Stanley Capital International (MSCI) has upgraded the Co-operative Bank of Kenya to the MSCI Frontier Market Index (FM) and…
The Central Bank of Kenya (CBK) reduced its benchmark lending rate by 0.25% to 12.75% on Tuesday. This marks the…