On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

BCLB raised concerns over the proliferation of gambling activities across the country, saying promoters mischaracterise it as ...

Kenya’s shaky energy supply and its high cost once again became a topic of discussion when the Vietnamese tycoon Doanh Chau ...

CBK says banks with a core capital base below Sh10 billion will likely freeze dividends to retain all of their profits in a ...

Kenya is set to surpass Ethiopia as East Africa’s biggest economy this year, according to the International Monetary Fund. We ...

The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...

This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

America played a less destructive role than feared at last week’s spring meetings of the World Bank and the IMF.

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

President has to delicately balance repayment and providing services to the public without increasing tax burden.