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ECONOMY

Kenya is the biggest economy in East Africa and most watched in sub-Saharan Africa, being the regional business hub. BT brings you comprehensive coverage of the various economic sectors.

Business environment at its worst since November 2017

The country's private sector economy took a hit in April as business activity and employment indicators hit a 17 month low on the back...

Simba Arati Shakes Up Kisii With Crackdown on Wastage

He promised that heads would roll after establishing that the county had over 250 drivers on its payroll despite only having 82 vehicles. It also emerged that while the county has been officially procuring comprehensive covers for its vehicles, many of the cars upon inspection were found to have third-party covers.

MPs’ Plan to Retain CDF Billions Despite Supreme Court Ruling

Members of Parliament (MPs) in Kenya have no plans of letting go of the Constituency Development Fund (CDF) kitty despite the recent Supreme Court ruling that deemed the CDF Act, 2013 unconstitutional.

The Money Men: 7 Cabinet Secretaries to Watch in Ruto’s Administration

The team will be tasked with implementation of Ruto's 'Bottom Up' economics among other campaign commitments even as the country finds itself in a precarious economic situation 

Growth in Kenyan banking to lag behind larger economy in 2019

The law capping interest rates continues to elicit debate among economies experts. The Economist has warned that the cap on interest rates will suppress growth in Kenya's banking this year

IMF Says Kenya’s Debt Levels Still Within ‘Moderate’ Range

IMF keeps changing tune on the health of Kenya's economy

More IMF loans to blame for rise in fuel prices

MPs have threatened to impeach the Treasury Cabinet Secretary

October inflation down to 5.53% as food, electricity prices drop

Transport also drives inflation down but cost of living in October is the second highest this year

KRA set to host fourth tax summit amid pressure to raise...

The taxman has upped the ante in the past few months and pursued politicians and businessmen it accuses of evading taxes

Government turns to Sh40 billion bond to plug budget deficit

Move geared towards plugging budget deficit occasioned by shortfall in revenue collection.