Economy

The Kenyan government will prioritize improving staff welfare at the Kenya Revenue Authority (KRA) to enhance tax administration and collection,...

Sub-Saharan Africa’s economic recovery in 2024 is under threat as the region grapples with high debt levels, warns a new...

Stanbic Bank's Purchasing Managers’ Index (PMI) for September 2024 indicates a slight weakening in business conditions across Kenya. The report...

Treasury Cabinet Secretary John Mbadi is calling for an urgent reduction in the Central Bank of Kenya’s (CBK) interest rates...

Government borrowing is increasingly crowding out Kenya’s private sector, as commercial banks opt to lend to the state over businesses,...

President William Ruto has defended his government’s handling of the country’s economic crisis, including the controversial tax hikes that sparked...

Kenya's foreign exchange reserves have recently hit a significant milestone, reaching a high of USD 7.85 billion as of September 19th,...

The Federal Reserve lowered its benchmark interest rate by half a percentage point on Wednesday, marking a significant shift in...

The Kenyan government has sought to overturn a Court of Appeal decision that invalidated the Finance Act 2023, warning that...

Kenya's government has announced plans to reduce key tax rates in the medium term, including cutting Value Added Tax (VAT)...