Kenya’s Finance Minister Prof Njuguna Ndung’u presented the 2024/25 budget, aiming to tackle Kenya’s high debt while supporting the ongoing…
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
British International Investment (BII) has sold its 10.1% stake in I&M Group, a leading East African banking group, to AfricInvest,…
Nigeria’s biggest lender Access Bank Plc, has acquired African Banking Corporation of Tanzania (ABCT) Limited strengthening its regional presence. The…
The International Monetary Fund and Kenya reached a preliminary agreement to unlock about $1.1 billion. The funding is under the existing…
Ride-hailing platform Uber has refuted claims that it plans to leave the Kenyan market. This comes after a day of…
Kenya’s central bank, the Central Bank of Kenya (CBK), opted to maintain its benchmark lending rate at 13.0% on Wednesday.…