The Central Bank of Kenya (CBK) has raised the policy interest rates from 7.5 percent to 8.25 percent to reign in rising inflation and reduce capital...
The Central Bank of Kenya (CBK) has revealed that a surge in interest rates in the developed world is making it difficult for emerging countries like...
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates,the World Bank warned Thursday, calling on governments to...
Beer, a bottle of water, a cigarette and a box chocolate gift will from next month cost more as the Kenya Revenue Authority (KRA) releases the...
Consumers may be headed for tougher times in the coming weeks as the Kenya Revenue Authority (KRA) lines up a tax raise on petrol as part...
Kenyan manufacturers are downsizing their packages and product sizes without lowering prices, as they embrace shrinkflation because of the rise in the cost of production. Experts...
Inflation in Kenya accelerated to a new record of 7.1% in May as the cost of food continues to rise sharply. According to the latest data...
The International Monetary Fund (IMF) has projected that Kenya’s inflation rate will hit a high of 7.2% in 2022 and 7.1% in 2023. In the IMF...
Data from the Kenya National Bureau of Statistics (KNBS) shows that the annual inflation rate in Kenya rose to 5.87% in May, compared to 5.76% recorded...
The cost of living in East African countries has been on the increase, contributed by the governments shifting huge debts burden to households and businesses through...