Economy
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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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Over 100 car owners face 5-year jail term as import duty evasion probe takes cause
The Kenya Revenue Authority (KRA) is looking for 119 cars that were shipped into the country but failed to go…
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Why Kenya’s immediate financing risks remain despite proposed tax measures
President William Ruto’s administration’s draft revenue measures would provide fiscal space, but more immediate financing risks remain, this is according…
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Ruto challenges global community to mobilise resources for SDG goals
President William Ruto has called on the international community to mobilize and direct resources towards addressing impediments to Sustainable Development…
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Ruto inks Ksh.8.7 billion deal with US firm for electric buses
President William Ruto signed a Ksh.8.7 billion deal with the United States (US) foreign aid agency MCC for the acquisition…
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Oil Marketers under financial pressure over soaring fuel prices
Oil marketers in Kenya are grappling with increased working capital requirements due to a combination of rising global fuel prices…
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World Bank – Global debt returning to its rising trend
The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic…
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Africa climate smart innovative financing instruments required
The Africa Climate Summit ended in a not very high tone as expected by the participants and especially the civil…
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UK announces Ksh.9 billion financing deal for climate change In Africa
African countries have received a financial boost as they gear up the fight against climate change.This includes a Ksh.9 billion…
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