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China economy grows faster than expected in first quarter

China's first quarter retail sales growth slipped China's economy made a stronger-than-expected start to the year, even as the crisis in its property sector deepened. According...

Uganda treasury pegs growth at 6pc on higher agriculture output

Uganda’s finance ministry says the country is on course to achieve 6pc economic growth in the current fiscal year supported by better performance in...

US inflation jumps as fuel and housing costs rise

Consumer prices in the US rose faster than expected last month, in a sign that the fight to slow inflation has stalled. Prices rose 3.5%...
Dr. Kamau Thugge, the CBK Governor.

CBK expects strong shilling run to continue

The Central Bank of Kenya (CBK) says the country’s debt has dropped by Ksh 1 trillion on account of strong shilling and investor optimism. According...

Govt working on lasting solutions to stabilize economy, Says Gachagua

Deputy President Rigathi Gachagua has urged Kenyans to exercise patience as the government initiates practical solutions aimed at fully stabilizing the economy Speaking on Monday...

Here are five drivers of Vision2030 Fourth Medium Term Plan

The Kenya Kwanza administration has earmarked five thematic areas that will drive Kenya's Vision2030 economic blue print over the next five years. The Fourth Medium...

India economy beats expectations with 8.4% growth

India has retained its title of the world's fastest growing major economy as it expanded by 8.4% in the last three months of 2023. The...

KRA misses half year revenue collection by Ksh 186B

The Kenya Revenue Authority (KRA) collected a total of Ksh 1.27 trillion in the first half of the financial year 2023/24 ended December 2023. New...

State corporations unpaid bills down to Ksh 447B in Q2

There was a 12.2pc decline in pending bills by state corporations between September and December last year according to data by the National Treasury. Unpaid...

Japan unexpectedly slips into a recession

Japan has unexpectedly fallen into a recession after its economy shrank for two quarters in a row. The country's gross domestic product (GDP) contracted by...


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