The downturn follows a seven-month streak of growth that began in October last year to April this year, signalling a notable shift in economic momentu...

The latest figures by the Kenya National Bureau of Statistics (KNBS) show the country’s current account balance widened by 58 per cent, rising to Sh66...

According to the latest quarterly GDP report by the Kenya National Bureau of Statistics (KNBS), the plateau in growth is largely due to a slowdown in...

Street interviews conducted along Third to Seventh streets revealed growing frustration and a sense of helplessness among traders.

Recent reports suggest that this growing conversation is set to transform family policies and workplace culture across both public and private sectors...

Nairobi International Financial Centre Authority (NIFCA), operating under the National Treasury and led by CEO Daniel Mainda, spearheaded the signing...

Latest data from the Kenya National Bureau of Statistics (KNBS) shows that while prices in key sectors such as food, housing, and transport rose, thei...

In Kenya, Safaricom retained its position as Kenya’s most admired made-in-Kenya brand and most admired NSE-listed brand.

Experts have since argued that the demonstrations may have pushed the most vulnerable enterprises to the brink, threatening not only their survival bu...

The report notes that Africa has seen little improvement since the mid-2010s, with the region now home to more than 60 per cent of the world’s extreme...

Senior State Department Bureau Official Troy Fitrell said there are business leaders in the US who need to understand the opportunities that lie in do...

The World Bank adds that in the early 2000s, Africa enjoyed strong economic growth driven by high commodity prices and a surge in foreign capital infl...

Much of the continent's cropland growth during the period under review was driven by increases in staple crops, such as maize, rice and wheat, particu...

The rank marks a major leap for Kenya, which climbed from fifth place in 2022, the previous edition, to the top of the rankings.

The new record surpasses January’s total of $427.4 million (Sh55.2 billion), which had been the highest in the past five months.

While countries such as South Africa, Kenya, and Lesotho have benefited from preferential access under the scheme, Afreximbank notes that the recent i...

Adopted during the recently concluded 113th International Labour Conference (ILC) in Geneva, Switzerland, the Convention represents a major step in ad...

A heightened sense of caution was noticeable among traders and business owners, particularly in the wake of Tuesday's incidents involving looting and...

The CBK survey shows that 54 per cent of farmers said high interest rates were the main reason they couldn’t access credit, up from 38 per cent in Mar...

FDI inflows to emerging markets and developing economies (EMDEs) have weakened steadily as a share of their GDP since the global financial crisis

New operating window will span from 7:00 am to 7:00 pm on all business days, four hours longer than the current schedule of 8:30 am to 4:30 pm.

Notably, Sudan and South Sudan have been marked among the five hotspots facing an immediate risk of famine in the coming four months.

In Africa, the International Labour Organisation has downgraded the employment growth prospect from the earlier 1.8 per cent to 1.6 per cent.

The decline marks a reversal in the country’s steady push toward equal representation and opportunities for women across political, economic and socia...

The cost of crude oil affects everything from how much it costs to fill up your car to the price of food at the supermarket and retail stores.

CS Mbadi said state corporations have long been flagged as a source of fiscal risk.

However, the sector’s overall budget has been scaled down by three per cent to Sh47.6 billion, from the previous Financial Year allocation of Sh54.6 b...

Ideally, this means a person will now be considered poor if he or she lives on less than $3.00 per day, up from the previous $2.15.

The agreement commits both agencies to harmonise competition enforcement across the regions and curb unfair trade practices that undermine fair market...

The mounting backlog of unpaid government bills continues to hamper their operations, despite repeated calls from stakeholders for faster settlement.

Insights from earlier engagements revealed that riders are primarily concerned with three factors: convenience, durability, and better performance of...

The projection also represents a significant cut from its earlier forecast of 5.0 per cent growth made in January.

The African Peer Review Mechanism (APRM) on Friday described the downgrade as analytically flawed and inconsistent with the legal frameworks that gove...

The ambition took centre stage at the US-Kenya Creative Economy Forum held on Thursday in Nairobi, which brought together creatives, policymakers and...

The negative performance across the sectors is mainly attributed to the rising prices, which contributed to a drop in customer spending and weaker bus...

Esther Kimotho, a 28-year-old civil engineer based in Nairobi, says that for her, a good job is one where she feels respected and emotionally balanced...

East Africa ranks third, with a trade share of 63.6 per cent, just behind West Africa in second place at 66.3 per cent.

According to Afreximbank's 2025 report on the state of debt burdens, a major external influence behind this shift is the changing economic policy envi...

The survey attributes the bleak outlook to current geo-economic developments, such as tariff tensions between China and the United States, describing...

Generally, the shifting trend paints a picture of a maturing consumer base, where purchase decisions are increasingly driven by expectations of produc...

This is despite its vast potential to propel the green drive and promote sustainable rural livelihoods.

However, the Bank strongly recommends imposing the tax on fuels at the point of entry into the country, saying this would better reflect the true soci...

A sugarcane hawker in Eastleigh’s Kamukunji area who identified himself as Waweru says he finds the prohibited bags convenient to his business and app...

Cash transfers are among the most commonly used social protection tools designed to enhance nutritional outcomes for poor and vulnerable households.

The lender credits the upgrade to robust growth in agriculture and vital service sectors, particularly fintech and mobile money.

The country’s resurgent inflation, driven by surging electricity and fuel costs, could force policymakers to consider rate hikes to keep price growth...

The lender highlights the narrowing room for manoeuvre in the country’s budget, driven by ballooning debt servicing costs, persistent revenue shortfal...