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Govt working on lasting solutions to stabilize economy, Says Gachagua

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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...
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Here are five drivers of Vision2030 Fourth Medium Term Plan

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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

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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

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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

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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

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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...

Cabinet approves privatisation of six firms

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The Cabinet has sanctioned privatisation of six State Owned Enterprises (SOE) in the ongoing programme which kicked off last year. In the meeting chaired by...

CBK backs inflation, shilling stability to deliver 5.7pc growth

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The Central Bank of Kenya (CBK) projects the economy to register a 5.7pc growth this year on the backdrop of higher output from agriculture...

Economy grows 5.9pc as December inflation cools to 6.6pc

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Kenya's economy has registered a 5.9pc growth in the third quarter of the year to September. The Kenya National Bureau of Statistics (KNBS) says this...

China’s central bank adds liquidity via reverse repos

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China's central bank conducted 383 billion yuan (about 53.97 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday. It...

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