Kenya’s inflation surged to a new record of 7.1 percent in May as the cost of fuel, food and beverages…
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The latest business and financial market news and analysis from East Africa and the Continent.
This is the first interest rates hike by the Central Bank of Kenya’s Monetary Policy Committee since July 2015.
Kenya is the world’s leading exporter of black tea and cut flowers, and with perishable and agricultural exports accounting for more than US$ 1.8 billion in trade in 2021
Electricity demand in Kenya has surpassed November 2021’s demand, with the peak in May being 2,051MW up from 2,036MW recorded…
The MPC has maintained the Central Bank Rate (CBR) at 7.00 per cent for the thirteenth consecutive time.
The Central Bank of Kenya has floated an 18-year Infrastructure bond worth KSh 75 billion to fund infrastructure projects in…