Kenya
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Treasury Sets Aside 27.6% of Ksh.3.92 Trillion Budget for Education
The National Treasury has proposed a substantial allocation of Ksh.657 billion for the 2024/25 Financial Year. Treasury Cabinet Secretary Prof.…
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State Extends Tax Exemption to Pensioners: Early Retirees with Over 20 Years of Contributions to Benefit
The government has announced plans to exempt pensioners from tax payouts at retirement as a way of providing financial relief…
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Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget
Kenyan government has revealed its intention to borrow Ksh.263 billion from the domestic market as part of its strategy to…
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Kenya’s Private Sector Sees Robust Growth in May
Kenya’s private sector witnessed robust growth in May, according to the Purchasing Manager Index (PMI) released by Stanbic Bank Kenya.…
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Kenya’s Inflation in May up 5.1% on Higher Food, Energy Costs
Kenya’s inflation rate in May 2024 rose to 5.1 percent, up from 5.0 percent in April of the same year,…
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China Responds to $1 Billion Loan Ruto Asked for During Beijing Visit
China’s financial institutions are in active consultation on specific matters with the Kenyan side with regards to the $1 billion…
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Car Batteries to Cost Ksh.9,000 More in Finance Bill 2024
Kenyan motorists are staring at a possible surge in accessory prices, heralded by some proposals in the Finance Bill, 2024…
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US Gives Kenyan Police $7 Million for Organised Crimes
The U.S. government has pledged $7 million (approximately Ksh.900 million) to support Kenya’s National Police Service (NPS). The funding is…
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Kenya Inks $3.6 Billion 6-Lane Expressway Deal with US
The Kenya National Highways Authority (KeNHA) has inked a $3.6 billion deal with Everstrong Capital LLC to construct an expressway…
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Media Professionals Condemn Government Move to Restrict Adverts to Specific Media Houses
Media Professionals in Kenya have come out to condemn a move by the government to restrict advertisements to two media…
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