Nairobi, April 26 -- Conflicts in two laws have stalled the sale of the government's 43.77 percent stake in a wines and spirits firm that distributes Amarula and Viceroy, delaying a bidding for shares... Read More
Nairobi, April 26 -- Kenya is set to receive a combined Sh43.3 billion ($335 million) in funding from the African Development Bank (AfDB) and a Samurai loan deal reached last year, signalling diversif... Read More
Nairobi, April 23 -- Kenya has opted out of fully drawing a Sh193.8 billion ($1.5 billion) loan facility from the United Arab Emirates (UAE) due to its high pricing. An official from the Treasury has... Read More
Nairobi, April 23 -- Banks are charging a premium of up to 16.57 percent on personal loans before fees and other charges, revealing a wide gap in how lenders determine factors like costs and customer ... Read More
Nairobi, April 22 -- Kenyan exporters ramped up apparel exports to the United States in the six months to the expiry of duty free access, blunting the short-term impact of the 10 percent tariff introd... Read More
Nairobi, April 21 -- Global bank Citi expects renewed pressure on the Kenyan shilling as higher fuel prices create a wider current account deficit in the wake of the Iran war. The global lender sees ... Read More
Nairobi, April 20 -- The International Monetary Fund (IMF) has projected a wider fiscal deficit for Kenya, in the wake of war in the Middle East, signalling increased borrowing to plug the expanded bu... Read More
Nairobi, April 19 -- The fallout from the US-Israel war on Iran has forced Kenya to revive its dalliance with the World Bank and the International Monetary Fund (IMF), setting taxpayers up for pain as... Read More
Nairobi, April 13 -- The International Monetary Fund (IMF) has asked Kenya to add pending bills, infrastructure funds from securitisation and non-guaranteed loans by State corporations of over Sh1 tri... Read More