Economy

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...

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...