Business & Economy

Kenya Economy News

Follow Kenya economy news, inflation, public debt, budget, cost of living, fiscal policy, monetary policy, and economic growth.

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Economy

Kenyan Government Presents Historic KSh 4.82 Trillion Budget Amid Economic Challenges

Kenya's government introduces a groundbreaking KSh 4.82 trillion budget to support economic recovery and development during challenging times.

Economy

Kenyan Fish Port in Shimoni: Government Seeks Operator to Expand Blue Economy

Kenya's Shimoni Fish Port, completed at KSh 2.6 billion, is a strategic asset aimed at boosting the blue economy. The government is now seeking …

Business

Price Fixing Scandal Uncovered in Kenyan Mattress Industry: Companies Under Regulatory Investigation

Regulators are investigating several Kenyan mattress companies for alleged price fixing, raising questions about market fairness and competition in the industry

Economy

PayPal Freezes Kenyan Accounts in Money Laundering Crackdown

Discover how PayPal's recent crackdown on Kenyan accounts due to anti-money laundering measures is affecting freelancers and small businesses, and learn about |

Business & Economy

Market Volatility Grows on Wall Street Amid Inflation Concerns and Economic Uncertainty

Explore how inflation worries and economic instability are fueling increased volatility on Wall Street and what it means for investors and the economy.

Economy

Agriculture PS Announces Maize Seed Subsidy with New Prices from Kenya Seed Company

Agriculture Principal Secretary Kipronoh Ronoh has announced a targeted maize seed subsidy programme aimed at supporting smallholder farmers during the upcoming long rains planting …

Economy

Senators Warn Kenya’s Debt Has Hit KSh 12.3 Trillion, Surpassing Legal Limits

Senators have warned that Kenya’s public debt has now reached KSh 12.3 trillion, surpassing the legal thresholds set by Parliament and raising serious concerns …

Business

World Bank Backs Digital Fare System for Nairobi Public Transport

The World Bank has committed to back a transformative digital fare payment system for Nairobi’s public transport network, allowing commuters to pay matatu, bus …

Business

Kenyan Meat Exporters Lose Sh1 Billion in Week as Middle East Shipments Disrupt

Kenyan meat exporters have suffered losses estimated at Sh1 billion in the past week alone after shipments to several Middle Eastern markets were severely …

Business

Huawei and Safaricom Launch Sh800/Month Internet for Affordable Housing Residents

Huawei and Safaricom have announced a strategic partnership to provide a low-cost internet service specifically tailored for residents living in homes built under Kenya’s …