Nairobi, March 15 -- Kenya's earnings from goods exported to African countries exceeded expenditure on imports by a record Ksh164.04 billion ($1.22 billion) in 2023, provisional data shows, boosting t... Read More
Nairobi, March 15 -- Kenya's earnings from goods exported to African countries exceeded expenditure on imports by a record Sh164.04 billion in 2023, provisional data shows, boosting the government's r... Read More
Nairobi, March 12 -- The owner of a bus services company that plies the northern parts of Kenya is amongst 16 entities and individuals whom the United States has sanctioned for allegedly funding al-Sh... Read More
Nairobi, March 8 -- Cash-flush firms and individuals have beaten commercial banks, pension schemes and insurers to become the biggest source of new lending to the government so far in this financial y... Read More
Nairobi, March 8 -- The Kenya Revenue Authority (KRA) suffered a double-digit drop in revenue collections from the sale of land, houses, and shares in privately held firms in the first half of the cur... Read More
Nairobi, March 5 -- Kenya's private sector activity rebounded to the first growth in seven months on rising orders largely because of softening growth in inflation, prompting companies to raise the ou... Read More
Nairobi, March 4 -- The Treasury has announced plans to review taxation of workers' pay to lessen the burden on low-income earners amid rising cost of living and stagnant wages. Treasury Cabinet Secr... Read More
Nairobi, March 1 -- Kenya has inched closer to concluding a preferential trade deal with European Union (EU), preserving a long-term tax-free access of exports to the 27 countries in the bloc while gr... Read More
Nairobi, Feb. 29 -- The shilling could slide to more than 160 units against the US dollar in the coming months, a new forecast by a majority of analysts and economists working with leading global bank... Read More
Nairobi, Feb. 28 -- Slowing inflationary pressure in advanced economies such as the US and Britain lifted the monthly flow of dollars from Kenyans living abroad to record levels, in part helping ease ... Read More