Live Breaking News & Updates on Kenyan Economy

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High VAT on fuel will hurt the poor more

The average Kenyan spends about 10 per cent of their income on transportation. ....

Fuel Vat , Cost Of Living , Finance Bill 2023 , Kenyan Economy , Fuel Prices ,

President Ruto's first budget: Treasury CS Njuguna Ndung'u's gamble of a lifetime

With the debt ceiling set at Sh10 trillion, it will be a rough ride for the National Treasury as the numbers in Ndung’u’s budget don’t add up. ....

Public Finance Management Act , Treasury Cabinet Secretary Njuguna Ndungu , President William Ruto , Ruto Budget , Public Debt Ceiling , Public Finance And Management Act , Budget Deficit , Kenyan Economy , Finance Bill 2023 ,

Fasten your seat belt for sluggish growth ahead

With the government borrowing at a 15.84 per cent interest rate, expect to pay upwards of 24 per cent on your loan, assuming you can get it. ....

Central Bank , Kenyan Economy , Budget Making Process , National Assembly , Finance Bill 2023 , Hustler Fund , Kenya Kwanza ,

Kenya's wins and losses, the cancer of corruption and other painful economic lessons

At 60, Kenya holds the top spot as the region’s financial hub. it leads in all segments, including cross-border lending and foreign equities turnover. ....

Kenyan Economy , Institutional Infrastructure , Foreign Equities Turnover , Foreign Exchange Turnover , Insurance Premiums , Fund Management , Private Equity , Fiscal Policy , Real Estate ,

Commodities exchange could stimulate the economy

An ideal approach is one that allows the private sector to lead the process of creating and managing a commodities exchange with firm support from the government. ....

African Development Bank , A Commodities Exchange , Commodities Exchange , President William Ruto , Kenyan Economy , Capital Markets ,