Manufacturing and other local companies that rely on the dollar to import essential raw materials and inputs are at risk due to the continuous dollar scarcity....
The Central Bank of Kenya (CBK) is confident that the current high cost of living will ease by March. Speaking at the World Economic Forum in...
The government works to stabilize gasoline prices, petrol users would spend more than Sh5.3 billion by mid-February to subsidize diesel buyers. Despite a decrease in product...
Many businesses are projecting their revenues to remain steady this year with growth expected in the second half. In a recent study by online marketplace Airduka,...
Domestic electricity bills have dropped 3.6 per cent this month on a decrease in variable charges including fuel cost charge (FCC) and foreign exchange fluctuation adjustment...
Economic activity in sub-Saharan Africa is expected to slow down significantly in 2022 and remain relatively modest in 2023, which has undermined economic gains, the International...
Analysts have warned that geopolitics, elevated inflations and global market volatilities will have a huge bearing on investment decisions in Kenya. Amidst the backdrop of global...
Easing supply chain bottlenecks saw car makers increase their sales volumes by 1,116 units last month, bringing the total number of new vehicles sold between January...
Circulation of coins rose fastest in four years in the 12 months to June this year, steered by an elevated financial squeeze that has seen more...
The central bank of Kenya (CBK) looks forward to an increased inflation rate in Kenya because of cutting down subsidies. Inflation will lead to an increased...