National Treasury Principal Secretary Chris Kiptoo said the shilling could continue to grow in strength if the Central Bank ...
While a strong shilling generally translates to cheaper imports, economists argue that its benefits have not trickled down to the average Kenyan. Kwame noted that despite the government’s insistence ...
The drop in the mostly US dollar deposits came during a period when the local shilling remained largely stable.
The strengthening of the Kenyan shilling has led to a 2% reduction in the country’s gross public debt, according to the ...
Kenya expects earnings from tourism, one of the nation’s main sources of foreign currency, will surge 24% to 560 billion ...
Kenya's foreign tourist arrivals grew by 15 percent in 2024, reaching 2.4 million, up from 2.09 million in 2023, a ...
The United States remains Kenya's leading source market, representing 12.8 percent of total arrivals with 306,501 visitors.
Kenya tourism sector earnings are expected to jump to 650 billion shillings ($5 billion) this year from 452.2 billion shillings last year, Tourism Minister Rebecca Miano said on Wednesday. Miano said ...
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Hosted on MSNList of 9 Kenyan banks that've lowered loan fees after CBK cut rate to 10.75% in February 2025CEO Raimond Molenje welcomed the move by lenders to reduce loan fees, explaining that it's part of the commitment to economic ...
Kenya expects to have a slightly narrower budget deficit and a modest increase in overall spending in its 2025/26 (July-June) ...
The four individuals arrested in connection with the multi-billion-shilling fraud scandal at the Kenya Union of Savings and ...
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