GDP Stories

Businesses project job growth, stronger sales as festive season draws near
Maureen Kinyanjui  |  Oct 25, 2025

According to the findings, most firms still have unused capacity, allowing them to respond to surging demand without making large new investments.

Kenya’s care economy set for boost as policy nears approval
Zainab Saidi  |  Oct 24, 2025

As Kenya moves toward a more inclusive and equitable society, the National Policy on Care represents a critical step in acknowledging the invisible la...

Top 10 largest African economies in 2025 by Gross Domestic Product (GDP)
Charity Pancras  |  Oct 22, 2025

The report highlights steady growth across several African nations, driven by industrial expansion, infrastructure investment, and digital innovation.

Kenya’s 2026/27 budget set at Sh4.65 trillion – Here’s what it means for you
Alfred Onyango  |  Oct 21, 2025

The Treasury notes that the proposed increase in spending underscores the government’s continued focus on economic recovery, infrastructure developmen...

IMF revises Kenya’s 2025 growth forecast upward to 4.8 per cent
Alfred Onyango  |  Oct 17, 2025

Kenya’s upgraded forecast comes amid signs of recovery in key sectors such as agriculture, services, and construction, as well as improving investor s...

IMF trims 2025 global growth outlook to 3.2 per cent amid rising uncertainty
Alfred Onyango  |  Oct 16, 2025

Global trade volumes are expected to rise by 2.9 per cent on average over the next two years, down from 3.5 per cent in 2024, while global headline in...

Funding cuts spark urgency in state corporation shake-up, says Parliamentary Budget Office
Maureen Kinyanjui  |  Oct 15, 2025

The office urges the government to ensure transparency and communication throughout the restructuring process to safeguard service delivery and public...

Kenya’s public debt hits Sh11.81 trillion as Treasury pledges prudent fiscal management
Lucy Mumbi  |  Oct 07, 2025

Mbadi disclosed that in present value terms, the public debt amounts to 63.7 per cent of GDP, a level assessed as sustainable though accompanied by a...

Rising costs force 2,260 companies to exit as 138,000 enter market
Maureen Kinyanjui  |  Sep 23, 2025

According to the Business Registration Service (BRS), 2,260 firms applied to cease operations in the year ending June 2025, a 24.3 per cent increase f...

Kenya’s economy expanded by 4.9 per cent in first quarter of 2025, says Treasury PS Kiptoo
Maureen Kinyanjui  |  Sep 20, 2025

The PS highlighted the vital role of insurance and reinsurance in promoting financial stability and pledged government support for inclusive and innov...

Kenya has introduced new banking policies; an economist weighs them up
The Conversation  |  Sep 09, 2025

The lifting of the moratorium on new banks and raising capital requirements could be the start of more changes in the Kenyan banking sector.

Mounting pending bills choking SMEs, risking jobs - CoB Margaret Nyakang’o
Maureen Kinyanjui  |  Sep 04, 2025

CoB Margaret Nyakang’o said the unpaid bills are causing “liquidity challenges, potential business closures, job losses, and increased government expe...

Kenya’s credit rating upgraded to ‘B’ as investor confidence grows
Alfred Onyango  |  Aug 23, 2025

The new rating comes with a stable outlook, indicating growing confidence in Kenya’s ability to meet its debt obligations amid better access to intern...

Rising prices, protests shrank private sector economy in July - report
Alfred Onyango  |  Aug 05, 2025

The monthly Stanbic Bank's Purchasing Managers' Index shows the headline PMI dropped at the sharpest pace in a year during the month.

Kenya's inflation climbs to 4.1 per cent amid fluctuating food prices, fuel costs
Alfred Onyango  |  Aug 01, 2025

Data by the Kenya National Bureau of Statistics (KNBS) shows the increase was mainly driven by rise in prices of commodities in the three key categori...

KIPPRA flags job creation as key concern despite Kenya’s economic growth
Maureen Kinyanjui  |  Jul 11, 2025

Kippra, in its assessment using the Africa Transformation Index (ATI), gave Kenya a score of 7.7 out of 30, placing it 22nd in the continental ranking...

Kenya must raise Sh1.6 trillion by 2030 to achieve SDGs, African Development Bank report reveals
Alfred Onyango  |  Jul 09, 2025

In its 2025 Country Focus Report, the African Development Bank states that Kenya urgently needs to mobilise diverse sources of capital over the next f...

Somalia at 65: What’s needed to address its dismal social development indicators
The Conversation  |  Jul 07, 2025

The Somali state collapsed as a cohesive national entity in 1991. The military government that had been in power since 1969 was overthrown by armed op...

Kenyan shilling rallies against major world currencies
Alfred Onyango  |  Jul 05, 2025

An analysis of data from the Central Bank of Kenya (CBK) shows the Kenyan shilling closed the first quarter of 2025 with a 14 per cent year-on-year ga...

June sees deepening slump in Kenya’s private sector following protests, weak consumer spending
Alfred Onyango  |  Jul 05, 2025

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...

Kenya’s Q1 growth steady at 4.9 per cent despite service sector slowdown
Alfred Onyango  |  Jul 04, 2025

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...

World Bank: Africa remains biggest development challenge despite 25 years of progress
Alfred Onyango  |  Jun 24, 2025

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...

Foreign direct investment inflows to developing nations fall to 18-year low, threatening job growth - report
Alfred Onyango  |  Jun 18, 2025

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

National Assembly rejects withdrawal of boda boda regulation Bill
Maureen Kinyanjui  |  May 29, 2025

The Bill, which aims to regulate motorcycle taxis at the county level, will now proceed to a second reading after the National Assembly voted against...

World Bank warns of mounting fiscal pressure as Kenya faces debt distress risk
Alfred Onyango  |  May 27, 2025

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

Sh876bn fiscal deficit leaves no room for extra spending in 2025/26 budget, MPs warn
Lucy Mumbi  |  May 22, 2025

BAC Chairperson Samuel Atandi announced this as the committee began receiving reports from departmental committee chairpersons on the scrutiny of budg...

World Bank: Africa risks missing growth dream amid rising conflict, fragile reforms
Alfred Onyango  |  May 14, 2025

World Bank pegs the shortfall to the occurrence of political violence on the continent, which increased about eightfold between 2000 and 2023, and wit...

Kenya’s boda boda sector contributes Sh660bn to GDP, faces calls for reform amid rapid growth
Maureen Kinyanjui  |  May 01, 2025

The National Transport and Safety Authority reports that over two million licensed boda boda riders are active across Kenya, with each rider earning a...

Report: East Africa to power Africa’s economic growth in 2025
Alfred Onyango  |  Apr 04, 2025

East Africa’s projection is an upgrade from 4.4 per cent in the previous year, with the lender backing agriculture and services sectors as the main dr...

Kenya not likely to attain debt sustainability until after 2029 – Treasury
Alfred Onyango  |  Mar 26, 2025

CBK data shows Kenya's public debt hit Sh10.027 trillion in the last week of June 2023, effectively breaching the then statutory debt ceiling which wa...

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