CBK says banks with a core capital base below Sh10 billion will likely freeze dividends to retain all of their profits in a ...

Kenya is set to surpass Ethiopia as East Africa’s biggest economy this year, according to the International Monetary Fund. We ...

Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...

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

This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...

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

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

President has to delicately balance repayment and providing services to the public without increasing tax burden.

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

A comprehensive schedule of political and diplomatic events globally, ranging from state visits and international summits to anniversary commemorations. Highlights include President Ruto’s visit to ...

Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid ...

The global rush by central banks and investors to buy gold has driven prices to record highs. Since early 2024, demand from ...