News

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.
Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...
Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...
Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...
Kenya is set to receive the first instalment of the KSh 194 billion loan from the United Arab Emirates (UAE). Nairobi turned ...
The East African nation is on track to become the region's largest economy after its neighbour's currency was devalued.
Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.
Central Bank of Kenya Governor Kamau Thugge recently hinted at the move, with global currencies highly volatile to economic ...
Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid ...
Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...
Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund said, ...
Despite the new development, concern is still rife as global factors threaten to stifle projected development.