Economy
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UNCDF, CoB agree on development of mid-term revenue enhancement action plans for select counties
United Nations Capital Development Fund (UNCDF Kenya) Country Office in partnership with the Office of Controller of Budget and in…
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CBK opens internship opportunities from communication to banking; see details
The Central Bank of Kenya (CBK) has opened a six-month internship programme for different fields within the institutions. Even though…
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African investors unite to pioneer historic infrastructure investment on continent
Prominent African and Global institutional investors signed subscription agreements and letters of intent in preparation for the first close of…
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Africa’s fintech market to reach Ksh.9.1 trillion in revenue by 2030, says new study
The African fintech market is projected to reach Ksh.9.1 trillion ($65bn) by 2030, representing a 13-fold increase over 2021. This…
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Thugge’s first MPC meeting pushes borrowing cost to all-time high
Newly appointed Central Bank of Kenya (CBK) Governor, Dr. Kamau Thugge chaired his first Monetary Policy Committee (MPC) meeting Monday,…
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CBK puts breaks on plans for digital currency
After receiving comments on the discussion paper issued in February 2022, CBK ruled early June that a Central Bank Digital…
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Ruto approves Ksh.22.9 billion from Consolidated Fund for additional spending by state
President William Ruto approved the Supplementary Appropriations (No. 2) Bill, 2023 Monday, warranting the additional spending by the National Government…
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World Bank to introduce ” debt pause option” for countries in event of crisis
The World Bank is mulling introducing a pause mechanism if low-income countries are hit by a crisis. This is according…
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Why Ruto is asking IMF, World Bank to review their systems
President William Ruto has said the financial architecture must be of equals. He explained that the resources should neither be…
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Foreign Ministry says its discussed deal to secure jobs for Kenyans in Jamaica
Kenya’s Foreign and Diaspora Cabinet Secretary Dr. Affairs Alfred Mutua toured Jamaica Tuesday where he held talks with his Jamaican…
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