The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...

Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...

Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...

BCLB raised concerns over the proliferation of gambling activities across the country, saying promoters mischaracterise it as ...

The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.