economy

economy

Wandayi Assures Kenyans Amid Rising Fuel Prices

Wandayi Assures Kenyans Amid Rising Fuel Prices

What You Need to Know Energy Cabinet Secretary Opiyo Wandayi has addressed public concerns regarding a recent spike in fuel prices, assuring Kenyans of government...
Ndindi Nyoro Advocates for Sh27 Fuel Price Reduction

Ndindi Nyoro Advocates for Sh27 Fuel Price Reduction

What You Need to Know Kiharu MP Ndindi Nyoro has proposed a plan to reduce fuel prices by Sh27 per litre to alleviate the financial...
Kenya Sees Record Fuel Price Hike Amid Global Oil Crisis

Kenya Sees Record Fuel Price Hike Amid Global Oil Crisis

What You Need to Know Kenya has announced a significant increase in fuel prices, with diesel seeing its largest rise ever, despite a recent tax...
Latest CBK debt swap plan falters as investors keep off

Latest CBK debt swap plan falters as investors keep off

Africa-Press - Kenya. Kenya’s attempt to restructure its debt through the government papers is facing growing resistance from investors, signaling caution in...
Kenya Faces Economic Challenges Amid IMF Support Talks

Kenya Faces Economic Challenges Amid IMF Support Talks

What You Need to Know Kenya is grappling with economic challenges as it seeks a new IMF financing program. Factors such as volatile diaspora remittances,...
Kenya Railways Revises Freight Tariffs Amid Rising Costs

Kenya Railways Revises Freight Tariffs Amid Rising Costs

What You Need to Know Kenya Railways has revised its freight tariffs to align with rising operational costs while retaining incentives for key routes. The...
IMF Advises Kenya to Treat Ksh335 Billion as Public Debt

IMF Advises Kenya to Treat Ksh335 Billion as Public Debt

What You Need to Know The IMF has directed Kenya to classify Ksh335 billion raised through future tax pledges as public debt. This directive threatens...
Kenya Assures 20-Day Petrol Supply Amid Shortage Concerns

Kenya Assures 20-Day Petrol Supply Amid Shortage Concerns

What You Need to Know The Kenya Pipeline Corporation has assured the public that the country has enough petrol stocks to last over 20 days,...
IMF Highlights Economic Pressures Facing Sub-Saharan Africa

IMF Highlights Economic Pressures Facing Sub-Saharan Africa

What You Need to Know The IMF's World Economic Outlook warns that Sub-Saharan Africa is facing significant economic pressures due to global instability, particularly from...
Global Firm Eases Banking Pressure Between US and Africa

Global Firm Eases Banking Pressure Between US and Africa

What You Need to Know Global fintech Verto has launched US-dollar business accounts aimed at companies operating between the US and Africa. This initiative addresses...