Economy

The Central Bank of Kenya (CBK) has revealed that global oil prices have declined ahead of the Energy and Petroleum...

The Controller of Budget (CoB) has revealed that 10 counties outperformed their annual revenue targets even as the national government...

Between June 2023 and June 2024, President William Ruto and the Kenya Kwanza administration allocated Ksh755.9 billion to external debt...

Kenyans will continue to grapple with tighter budgets as the year-on-year inflation rate surged to 4.4% in August 2024, according...

Recent years have seen heightened tension between taxpayers and the government over the level of taxation, with complaints that many...

Egerton University has announced a hike in accommodation fees and penalties effective immediately for all its students. In a statement,...

Following World War II, the global economic consensus favored a mixed economy where both private and public sectors played key...

In a significant shift within the corporate landscape, several local companies have announced mass layoffs in 2024 citing restructuring efforts....

A Kenyan company first commissioned in 2012, Savannah Cement, has announced the sale of its assets under administration and in...

Kenyans will have to feel the pinch after the Energy and Petroleum Regulatory Authority (EPRA) increased Road Maintenance Levy from...

Kenyan companies have been ranked among the top 10 tech companies in Africa with the highest number of layoffs since...

Construction, Electricity supply, and Transportation and Storage Sectors in Kenya recorded drops in growth in the first quarter of 2024,...

The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think...

The National Treasury has addressed concerns on how the government will close on a financial gap created following President William...

Central Bank of Kenya (CBK) Governor Kamau Thugge has explained how they saved the Kenyan shilling from collapsing and transformed...

The world’s largest asset manager BlackRock has announced the closure of iShares Frontier, a Ksh51.2 billion Exchange-traded fund (ETF) that...

Kenya has experienced an economic shift as some multinational companies have shut down operations in the country. This move has...

Safaricom has joined a list of companies operating in Kenya that have strongly opposed the proposals contained in the Finance...

Kenya Revenue Authority (KRA) Deputy Commissioner Maurice Oray puzzled Kenyans with his justification for the proposed Motor Vehicle Tax in...

The Kenya National Bureau of Statistics (KNBS) has announced a slight increase in the country's annual headline inflation rate to...

In the complex world of economic policy, every decision carries profound implications for society. The recently published Finance Bill, 2024,...

The Committee on Trade, Industry and Cooperatives has resolved to engage the ministry officials and other key stakeholders in the...

The East African Portland Cement Company (EAPCC) has announced the appointment of Mohamed Osman Adam as the New Acting Managing Director....

The National Treasury has tabled a proposal to cut allocations to Executive Office of the President, Office of the Deputy...

The Kenya National Bureau of Statistics (KNBS) has revealed that the government spent Ksh1.4 trillion on imports in 2023. In...

The International Monetary Fund (IMF) has released a report outlining 4 external shocks poised to have dire consequences for Sub-Saharan...

Onions, tomatoes, and oranges are among the commodities whose prices hiked in April, a report by the Kenya National Bureau...

South African luxury fashion brand Foschini has announced the closure and liquidation of its Kenyan establishments after appointing liquidators for...

Kenya’s economy has maintained a strong performance in the first quarter of 2024, according to a report by the Central...

The latest Forbes Real-Time Billionaires 2024 rankings offer a captivating glimpse into the world's wealthiest and richest individuals. At the...