Kenya economic outlook Stories

Bleak outlook as CBK reveals one in three firms won’t hire in 2025
Maureen Kinyanjui  |  Jun 18, 2025

Data from the Kenya National Bureau of Statistics shows that 782,300 new jobs were created in 2024, a drop from 848,100 the year before.

World Bank downgrades Kenya's GDP growth to 4.5 per cent in June projection
Alfred Onyango  |  Jun 11, 2025

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

Employers raise alarm over Kenya’s shrinking investment appeal, job losses
Maureen Kinyanjui  |  May 29, 2025

Official statistics from the Kenya National Bureau of Statistics show formal job creation fell to 75,500 in 2024, down sharply from 123,000 in 2023.

Kenya’s GDP to grow 5 per cent in 2025, driven by agriculture and fintech, says AfDB
Alfred Onyango  |  May 28, 2025

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

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...

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