Economy
-
Trump’s Funding Cut to Kenya Hits Ksh.108 Billion in Two Weeks
The U.S. Agency for International Development (USAID) has terminated contracts and grants in Kenya totaling over Ksh.108 billion ($834 million),…
Read More » -
Kenya’s Inflation up to 3.5% in February
Kenya’s annual consumer inflation rose for the fourth month in a row to 3.5% in February from 3.3% in January, the statistics office said on Friday. Core…
Read More » -
Trump Terminates Power Africa Initiative After Over a Decade
The Trump administration has dismantled Power Africa, a U.S. initiative launched over a decade ago to expand electricity access across…
Read More » -
Court Stays Order Quashing New University Funding Model
The courts have upended President William Ruto’s new university funding model, forcing his administration to rethink a plan that has…
Read More » -
Kenya Sees 9,000 Govt Employees Drop Over Hiring Freeze
Over the past two years, Kenya’s civil service has experienced a significant reduction in its permanent and pensionable workforce, with…
Read More » -
How Treasury Has Allocated Extra Ksh.5 Billion to Ruto, Kindiki, Mudavadi
The Kenyan government has allocated an additional Ksh.5 billion to State House Deputy President Kithure Kindiki, and Prime Cabinet Secretary…
Read More » -
Nigeria Attracts Investors as Economic Reforms Drive Market Gains
Nigeria is witnessing renewed investor confidence, pushing stock markets higher and lowering bond yields as economic reforms take effect. The…
Read More » -
KBA Challenges Kenyan Businesses to Leverage Slashed Rates for Growth
Kenyan businesses have been challenged to leverage current lower interest rates and engage actively with banks to access credit, even…
Read More » -
Report Shows 75% of Kenyans Believe Economy Has Worsened
Recent findings from the Old Mutual Financial Services Monitor show that Kenyans are increasingly uncertain about the economy. Confidence has…
Read More » -
Kenya’s GDP Slows Down in H2 2024 to 4.7%
Kenya’s economy slowed down in the second half of 2024, with GDP growth dropping to 4.7% from 5.6% in 2023,…
Read More »
