Kenyan car manufacturer Mobius Motors Ltd has announced its closure through liquidation. In a shareholder meeting on August 5, 2024,…
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
The Central Bank of Kenya (CBK) reduced its benchmark lending rate by 0.25% to 12.75% on Tuesday. This marks the…
The Central Bank of Kenya (CBK) has made significant changes to all Kenyan banknotes. Effective immediately, all denominations will feature…
Kenya’s private sector experienced a sharp downturn in July, according to the Stanbic Bank Kenya Purchasing Managers’ Index (PMI). The…
Kenya’s inflation rate eased to 4.3% in July, down from 4.6% in June, according to data from the Kenya National…
The COVID-19 pandemic had a profound impact on Kenya’s economy, disrupting businesses, reducing Gross Domestic Product (GDP) growth, and increasing…