Despite Kenya’s steady remittance inflows and the recovery in tourism, the current account deficit increased as surging commodity prices pushed imports to an all-time high.
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Kenya has asked the World Bank for a $750 million loan under the Development Policy Operation framework, the finance minister…
Kenya’s GDP growth will slow to 5.5 per cent in FY23 from the 5.5 per cent expected in the current…
The global airline industry is projected to report a lower loss at USD 6.9 billion in 2022, mainly due to…
The charges were waived on March 16, 2020, prompted by the COVID-19 pandemic and the expansion of the payments ecosystem.
Business activity increased slightly after a marginal decrease in October. Surveyed businesses mainly attributed the rise in output to improving new order inflows and favourable weather conditions.