Kenya’s economy is recovering but still faces several challenges, such as high inflation, currency depreciation, and high debt servicing costs,…
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The latest business and financial market news and analysis from East Africa and the Continent.
The Kenya shilling weakened sharply against the US dollar, hitting a fresh low of 129. The depreciation has partly been…
The Saudi Ports Authority (Mawani) has included Jeddah Islamic Port in East Africa – Red Sea and Red Sea shipping…
Kenya’s private sector activity contracted in February for the first time in six months due to the weakening of the…
The annual inflation rate for consumer prices increased to 9.2 per cent in February, up from 9 per cent in January,…
Global rating agency Standard and Poor (S&P) has revised Kenya’s outlook on debt service capacity from stable to negative. “Constrained…