Kenya’s Inflation Climbs to 4.1% in April
Kenya’s inflation rose to 4.1% in April 2025, according to the latest data by the Kenya...
Kenya’s Central Bank Eyes Gold Reserves Amid Record Price Surge
The Central Bank of Kenya (CBK) is actively looking into adding gold to its foreign exchange...
Kenya’s Debt Crisis: Time for Radical Solutions
Kenya has witnessed substantial increase in its debt levels in recent years. According to the Central...
Kenya Poised to Overtake Ethiopia as East Africa’s Largest Economy in 2025, IMF
Kenya is projected to become East Africa’s largest economy this year, surpassing Ethiopia, according to the...
Lipa Later Placed under Adminstration
Lipa Later, a Kenyan-based buy now, pay later (BNPL) service provider, has been put under administration...
Kenya Seeks New IMF Loan Program, Refutes Disagreements with Lender
Kenya is in talks with the International Monetary Fund (IMF) for a new financing program that...
KRA waives Kshs. 140 billion for millions of Kenyans
The Kenya Revenue Authority (KRA) on Monday announced that it has waived over Kshs. 140 billion...
Kenya’s Inflation soars to 3.5% in February on Food and Air Fees
Kenya’s inflation jumped slightly in February, driven by rising prices for food and local flights, the...
CBK lowers Benchmark Interest Rate to 10.75%, Announces On-site Inspections
The Central Bank of Kenya (CBK) on Wednesday lowered its benchmark interest rate by by 50...
Kenya seeks UAE funding for SGR after China Opts Out
Kenya has turned to the United Arab Emirates (UAE) to seek funding for the extension of...
Kenya’s construction sector shrinks 2.0% in Q3
Kenya’s construction sector suffered a shrinkage in the third quarter of 2024, sparking fears over the...
Kenya’s Q3 GDP growth slows as construction and mining sectors decline
Kenya’s economy slowed considerably in the third quarter of 2024 as key sectors of the economy...
Kenya’s Inflation Edges Up to 3.0% in December
Kenya’s year-on-year inflation increased to 3.0% in December, up from November’s 2.8%, the Kenya National Bureau...
Transparency: The Key to Transforming Kenya’s Mining Sector
Kenya’s mining sector has an enormous potential to drive economic and social growth and development. The...
Kenafric Manufacturing Gets CAK Nod to Acquire Economic Industries Limited
The Competition Authority of Kenya (CAK) has unconditionally approved Kenafric Manufacturing’s proposed acquisition of business and...
Government Revokes Special License for Ngong Road Forest Development
Environment Cabinet Secretary Aden Duale has directed the National Environment Management Authority (NEMA) to suspend the...
Major power Outage hits Kenya, KPLC announces restoration
Kenya faced a widespread power outage in the early hours of Wednesday, December 18, 2024, leaving...
Kenya Extends Oil Supply Deal with Gulf Firms
Kenya has extended the importation of refined petroleum products under the Government-to-Government (G-to-G) deal arrangement with...
Why there is no money in Kenya’s economy, and what can be done
The phrase “there is no money” has become very popular in Kenya over the past few...
World Bank cuts Kenya’s 2024 economic growth forecasts to 4.7%
The World Bank has cut its forecast for Kenya’s economic growth in 2024 to 4.7% from...
Kenya’s Central Bank cuts Interest Rate by 0.75%
The Central Bank of Kenya on Thursday continued the course of rate cuts, trimming its benchmark...
Savannah Clinker withdraws bid to acquire Bamburi Cement
Savannah Clinker Limited, a Kenyan-based building and construction sector company, has withdrawn its bid to acquire...
KenGen signs Ksh. 250 million Geothermal Deal with Eswatini
Kenya Electricity Generating Company (KenGen) PLC has secured a Kshs. 250 million geothermal development deal with...
Kenya’s inflation rise slightly to 2.8% in November
Kenya’s year-on-year inflation increased slightly to 2.8% in November 2024, up from 2.7% in October this...
Kenya should tap into AI to fight corruption and cut misuse of public funds
Corruption is one of the biggest and most serious societal challenges in Kenya that has been...
Safaricom’s Gets Approval to Launch Ziidi Money Market Fund
Kenya’s largest telco, Safaricom Plc, has received approval to enter the Money Market Fund Industry as...
Stanbic Bank Register Ksh 10.1 billion Profit After Tax in Q3
Stanbic Bank has announced a Kshs 10.1 billion profit after tax for the first nine months...
Kenya Cancels Adani Deals after US Indictment
Kenyan President William Ruto on Thursday ordered the Ministry of Energy and Petroleum, and the Ministry...
CBK Rollouts New Banknotes with New Features
The Central Bank of Kenya (CBK) has announced the release of new banknotes for all five...
Co-op Bank’s profit grows to Sh19 billion in Q3
Co-operative Bank Group has registered a net profit of Kshs. 19.2 billion during the first nine...
Capital Markets Authority (CMA) approves Six New Funds
The Capital Markets Authority Kenya on Thursday approved six new funds, expanding investment opportunities for investors....
AMSONS Group gets COMESA’s approval to acquire Bamburi Cement
AMSONS Group, the Tanzanian conglomerate, has been granted regulatory approval from the COMESA competition Commission to...
Morgan Stanley adds KPLC, two more Kenyan Companies to Small Cap Index
Morgan Stanley Capital International (MSCI), one of the leading global capital market companies, has added Carbacid...
Equity Group Profit for Q3 rises to Kshs 40.9 Billion
Equity Group Holdings has posted a profit after tax of Kshs 40.9 billion for the first...
Safaricom zero-rates Uber app in Kenya
Ride-hailing company Uber is zero-rating its app for drivers and riders in Kenya, following a partnership...
