Economy

Kenya’s fiscal health has received a boost after global credit ratings agency Moody's Ratings (Moody's) revised the country’s credit outlook...

Global oil prices have hiked weeks after the Energy and Petroleum Regulatory Authority (EPRA) reduced fuel prices in its December...

International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke has issued a statement after his two-day visit to Kenya. Clarke,...

Kenya has been dealt a blow after the World Bank downgraded its economic growth estimate for this year on Tuesday,...

The Kenya Revenue Authority (KRA) announced on Monday, December 9, that it had collected Ksh1.005 trillion in the period between...

Kenya has seen promising reports on its economic growth in the last 2 years, with government data regularly highlighting figures...

Government Spokesperson Isaac Mwaura has addressed the objectives and expected benefits of the proposed new tax laws. Speaking on Monday,...

The International Monetary Fund (IMF) has released its Staff Report following the conclusion of the seventh and the eighth reviews...

President William Ruto's government has received a major boost following an update by the International Monetary Fund (IMF) on the...

The Kenya Power and Lighting Company (KPLC) has recorded a profit after tax of Ksh30.08 billion for the financial year...

The Central Bank of Kenya (CBK) has announced a transition of the Kenya Electronic Payment and Settlement System (KEPSS) to...

The Kenyan shilling has stabilized, according to the latest report from the London Stock Exchange Group on October 14. According...

The Central Bank of Kenya (CBK) has revealed a rising trend that has emerged in the labor market where companies...

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

Kenya is in the process of setting up a Green Investment Fund in partnership with the World Bank. In a...

Kenya is set to receive Ksh244.15 billion from the International Monetary Fund (IMF) following successful negotiations according to the Central...

Kenya's Real Gross Domestic Product (GDP) growth slowed down in the second quarter of 2024 as compared to the same...

Global oil prices have surged once again, but despite the upward trend, the Kenya shilling has held steady, maintaining stability...

The Kenya National Bureau of Statistics (KNBS) has published the Monthly Leading Economic Indicators report highlighting changes in Consumer Price...

The County Assemblies spent Ksh.1.59 billion on MCAs sitting allowances during the Financial Year 2023/24, a report by the Controller...

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...