CBK Signals Drop In Cost Of Living, Retains Interest Rate At 10.5%

The Central Bank of Kenya Monetary Policy Committee (MPC) has retained the Central Bank rate (CBR), Kenya’s signal interest rate at 10.5%, citing...

Pain At The Kitchen As Prices Of Cooking Oil Shoot By 47 Percent

The price of cooking oil increased by 47 percent between December 2020 and December 2021, according to the Kenya National Bureau of Statistics...

Food inflation remained elevated at 10.6 percent in October, mainly due to the impact of depressed rainfall on some food items. This is...

It marked the end of a five-month disinflation trend, where the cost of common user goods and services kept going down month on...

Investment has been low in sectors with greater capacity to absorb labour

Luiza would deliver orders to homes from a network of nationwide distribution depots

The institution also poured cold water on Kenya’s ambitious budget projections

In an economy where the majority of people are poor and live on less than a dollar a day, losing a hen valued...

The inflation rate stood at 5.7% in June and there have been fears that the switch from old to the new generation currency...