Live Breaking News & Updates on Kenya economy

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Kenya economy to overtake Angola, IMF forecast shows


Kenya is projected to overtake Angola and become the fourth-largest economy in Sub-Saharan Africa in 2024.

Uganda , Ethiopia , Angola , Rwanda , Tanzania , Kenya , Burundi , South-africa , Ukraine , United-kingdom , Nigeria , Ethiopian

Egyptian lender reviews growth plan for Kenya


CIB is reviewing its growth strategy for the country and restructuring its management team to implement a new plan.

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Money laundering: What Kenya's greylisting means


Since February 2024, Africa accounts for 12 of the 21 grey-listed countries.

United-kingdom , Grey-list , Kenya-grey-list , Kenya-economy ,

Kenya licenses 19 more digital money lenders


It is the fourth round of licence issuances since Kenya's central bank started okaying DCPs in October 2022, after the six-month mandatory registration window expired.

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Kenyan investors' dollar deposits hit $8.6bn by September


CBK data shows the sum of foreign currency deposits held by firms hit $6 billion at the end of the third quarter of 2023, compared with $2.6 billion in hard currency deposits by households.

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State House upgrade to cost taxpayers Sh795m


President William Ruto is expected to work away from the official residence in Nairobi during the renovations.

Kisii , Nyanza , Kenya , Kakamega , Western , Nakuru , Rift-valley , United-kingdom , Eldoret , Nairobi , Nairobi-area , Sagana

Weak Kenya shilling boon for neighbour economies


The dollar has strongly rallied against the Kenya shilling for nearly six months.

Rwanda , Kenya , Uganda , Kampala , Tanzania , Ugandans , Kenyan , Tanzanians , Kenyans , Ugandan , John-chihi , Dick-wadada

98 firms face insolvency on turbulence


High taxes, operating costs and low demand leave most unable to meet their debt repayment obligations

Equity-bank , Pricewaterhousecoopers , Kenya-economy , Nse-firms , Profit-warning , Sanlam , Mastermind-workers , Ffice-of-the-receiver- , Sendy- , Kenya-taxes , Kenya-firms-failing