Economy
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Controlling the cost of living – an explainer
In the battle to bring the cost of living [inflation] under control, there will be no quick fixes or magic…
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Business confidence remains low in September
Business confidence dropped marginally in September. 38.7% of Kenyan CEO surveyed see better business growth prospects over the next twelve…
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Second quarter producer price index down to 11.3%
The second quarter producer inflation was down to 11.37%, from 13.66% the previous quarter, and 16.26% in Q4, 2022. This…
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Facts about Privatization Bill, 2023 as Ruto signs it into law
President William Ruto has signed into law the Privatisation Bill, 2023, repealing the Privatisation Act, 2005 which was enacted before…
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M-Shwari deposits fall for first time in 10yrs
M-Shwari deposits dropped by 44 percent to Ksh.416.7 billion in a year to March 2023. The platform had a whooping…
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Dangote’s net worth down 22% in ten months on rising interest rates
Aliko Dangote’s net worth shrunk by 22 percent in ten months to October in 2023 even though he maintained the…
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Sub-Saharan Africa workforce to increase to 750 million; what does it mean?
According to the World Bank Group, the working population in Sub-Saharan Africa is set to increase to 750 million people.…
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Kenya Power to clear electricity connection backlog in 90 days
Kenya Power is implementing a Rapid Results Initiative (RRI) to fast-track meter installation for new connections across the country. Speaking…
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East Africa Growth Outlook the Best in Region with $450bn combined GDP
East Africa has a combined real GDP of about USD 450 billion, roughly 14.8% of Africa’s real GDP (Trading Economics…
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Kenya sets aside Ksh.8bn to ready 8 counties for El Nino
Kenya’s Deputy President Rigathi Gachagua convened Thursday an El Nino response and impact mitigation strategic meeting that brought together leadership…
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