Kenya’s central bank held its benchmark lending rate steady at 9.50 per cent on Monday, against a backdrop of continued…
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The latest business and financial market news and analysis from East Africa and the Continent.
The Cabinet Secretary of Kenya’s National Treasury submitted the Finance Bill 2023 to the National Assembly for discussion and consideration for enactment…
The International Monetary Fund (IMF) and Kenya have reached a staff-level agreement worth KSh 56.58 billion ($410 million). The agreement…
British oil and gas exploration company Tullow will assume a 100 per cent equity position in the Project Oil Kenya…
The average price of Super Petrol, Diesel, and Kerosene increased by Sh3.40 per litre, Sh6.40 per litre and Sh15.19 per…
Global rating agency Moody’s cut Kenya’s senior unsecured debt rating as well as long-term foreign-currency and local-currency issuer ratings to…