Economy

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...

Nyeri’s White Rhino Hotel has been advertised for auction to compound its financial woes. In an advert on Tuesday, April...

After a discussion on the content of the Budget Policy Statement (BPS) for 2024/2025 Financial Year, Azimio coalition has warned...

Energy Cabinet Secretary Davis Chirchir has raised the Energy and Petroleum Regulatory Authority (EPRA) Levy from 0.25% to 0.75%. In...

Equity Bank on Monday, February 19, increased its base lending rates from 17.56% to 18.24%. In a statement written to...

NCBA Bank has refuted claims that Kenyans have flocked its branch to sell their dollars amid the current volatility in...

The UK arm of the Body Shop has gone into administration, putting 2,000 jobs at risk at the one-time pioneering...

Kenyan Chief Executive Officers - CEOs have indicated that they will not be hiring new staff or retaining as many...

The government spokesperson, Isaac Mwaura has stated that Kenya's inflation has reduced by 2.5 percent from December 2022 to December 2023....

Due to the tough economic times, 2023 has been a year of depressing news having various companies issuing profit warnings...

With the holiday season in full swing, the excitement of planning parties and spending money on gifts is unavoidable. Regardless,...

The National Treasury and Planning Cabinet Secretary Njuguna Ndung'u has invited accounting officers to make submissions on pending bills to...

Among some of the most prominent traditions during the festive season include gifting loved ones, whether in material form on...

In 2023, most companies and businesses either issued profit warnings, announced mass firings of employees or closed shop. The reasons...

The increase in interest rates by the Central Bank of Kenya - CBK will have a significant impact on borrowers,...

Listed Kenyan agricultural company, Kakuzi Plc has joined the growing list of companies issuing profit warnings. The company announced this...

As at March 2023, Kenya’s public debt-to-Gross Domestic Product (GDP) ratio was at 68.3%. Compared to 67.2% at the end...

The Kenya Union of Journalists (KUJ) has responded to the ongoing crisis in the Kenyan media landscape, finally putting their...

One of Kenya's oldest companies, Sameer Africa, has joined the growing list of companies announcing profit warnings in 2023 blaming...

The National Treasury has introduced a regulatory fee on online forex brokers, in the latest review.  This was announced by...

The government through the National Treasury has listed eleven state owned parastatals in the new privatization drive. Among the companies...

The Ministry of Foreign and Diaspora Affairs has invited Kenyans living in the diaspora into the country to take advantage...

Kenya’s stock market recently suffered steep losses, making it the worst performing globally. The weak performance has persisted: the Nairobi...

A survey by the Rand Merchant Bank (RMB) has revealed a dip in confidence of doing business in South Africa...

Access Bank PLC has warned its customers against high interest rates, citing tough macro-economic conditions which have led to the...

On November 14, in a media press briefing after the arrival of Romanian President Klaus Werner Lohannis, President William Ruto...