By Kanjyik Ghosh (Reuters) – The International Monetary Fund (IMF) on Wednesday approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million, offering some relief…
NAIROBI (Reuters) – Kenya’s inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday. On a month-on-month basis inflation…
By Duncan Miriri NAIROBI (Reuters) – Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and…
NAIROBI (Reuters) – Private sector activity in Kenya contracted in September as rising fuel prices hurt business right across the manufacturing, services, wholesale, retail and construction sectors, a survey showed…
NAIROBI (Reuters) – Kenya’s struggle with a heavy debt load and pressure on its hard currency reserves is not unique since other nations are facing the same situation, its finance…
(Reuters) -The Bahamian government on Tuesday welcomed Kenya’s decision to lead a multinational force in Haiti and committed 150 people to support the effort if the United Nations authorizes the…
NAIROBI (Reuters) – A Kenyan court on Friday sentenced a former top Venezuelan diplomat to 20 years in jail over the 2012 murder of the Latin American nation’s acting ambassador…
NAIROBI (Reuters) -Kenya’s opposition on Thursday called for a third day of demonstrations against tax hikes on July 19, after previous protests saw several of Kenya’s towns and cities witness…
NAIROBI (Reuters) – Kenya will delay re-opening its border with Somalia because of a “wave of attacks” it blames on al Qaeda-linked al Shabaab militants, interior minister Kithure Kindiki said…
NAIROBI (Reuters) – The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa’s economic powerhouse confronts high debts and…
NAIROBI (Reuters) – Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto’s office said on Monday, after hosting Russian Foreign Minister Sergei…
By George Obulutsa NAIROBI (Reuters) – International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve…
NAIROBI (Reuters) – Kenya’s private sector activity fell in April as both the manufacturing and services sectors slowed, with inflation and political unrest leading to a drop in consumer demand…
GOMA (Reuters) -The Kenyan commander of a regional force set up to tackle militia violence in eastern Democratic Republic of Congo said he had resigned due to obstruction and threats…
By Vuyani Ndaba JOHANNESBURG (Reuters) – The Central Bank of Kenya (CBK) will raise its key policy interest rate by 25 basis points to 9.00% later on Wednesday in its…
NAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall…
NAIROBI (Reuters) – A labour court in Kenya ruled on Monday that Meta, the parent company of Facebook, can be sued in the East African country after a former content…
NAIROBI (Reuters) – Kenya’s private sector activity rose for a third consecutive month in January, helped by improved business in agriculture, manufacturing, services and wholesale and retail sectors, a survey…
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Kenya’s central bank expects inflation to fall within its target range during the first quarter of 2023 and is…
NAIROBI (Reuters) -Kenya Airways is experiencing flight disruptions due to delays in securing aircraft components required for maintenance, the carrier said late on Monday. The airline, which is one of…
NAIROBI (Reuters) – Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto’s government,…
NAIROBI (Reuters) – Kenya’s private sector activity picked up for a second month in a row in December, helped by easing inflation, increased demand and favourable weather, a survey showed…
STERLING, Va. – There’s nothing funny about the bones that U.S. Customs and Border Protection agriculture specialists recently discovered in the baggage of a Virginia woman at Washington Dulles International…
NAIROBI (Reuters) – Kenya’s private sector activity rose in November after falling a month earlier, helped by improved output in the agriculture and construction sectors, a survey showed on Monday…
NAIROBI (Reuters) -Kenya’s government will no longer borrow any money at interest rates of more than 10%, President William Ruto said on Friday, adding that the cost of debt had…