Kenya’s Finance Minister Prof Njuguna Ndung’u presented the 2024/25 budget, aiming to tackle Kenya’s high debt while supporting the ongoing…
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The latest business and financial market news and analysis from East Africa and the Continent.
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.…
Kenya is committing US$100 million to increase its ownership stake in three key African financial institutions: the African Development Bank…
Kenya’s year-on-year inflation rate edged up to 5.1% in May 2024, from 5.0% in April 2024. The rise in inflation…
Kenya’s job market generated a net gain of at least 848,200 new jobs in 2023, according to the Kenya Economic Survey…