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This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...
In the week to May 2025, the shilling beat the US dollar, British Pound, and Euro as the Central Bank of Kenya (CBK) reported ...
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.
Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...
The East African nation is on track to become the region's largest economy after its neighbour's currency was devalued.
The U.S. dollar is on pace for its worst performance during the first 100 days of a US presidency since Richard Nixon was in ...
A comprehensive schedule of political and diplomatic events globally, ranging from state visits and international summits to anniversary commemorations. Highlights include President Ruto’s visit to ...
Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid ...
Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...