The World Bank has downgraded its economic growth forecast for Kenya to 4.7% from an initial 5.0%, citing the impact…
Browsing: MARKETS
The latest business and financial market news and analysis from East Africa and the Continent.
The Stanbic Bank Purchasing Managers’ Index (PMI) for Kenya rose to 50.9 in November from 50.4 in October, indicating a…
Kenya’s inflation rate climbed to 2.8% in November 2024, up from 2.7% in October. The increase was primarily driven by…
Standard Chartered PLC plans to divest its wealth and retail banking operations in Botswana, Uganda, and Zambia. This strategic move…
Ride-hailing platform Uber says it generated Ksh. 167 million into Kenya’s nighttime economy in 2023, according to its inaugural Economic…
Kenyan businesses experienced a slight uptick in operating conditions at the start of the fourth quarter, an S&P Global survey…