Kenya's central bank lowered its benchmark lending rate by 25 basis points on Tuesday, saying there was room to ease monetary ...

Kenya wants its next International Monetary Fund programme to be a funded one, its central bank governor said on Wednesday, ...

Kenya is now poised to receive a delayed Ksh97 billion ($743 million) loan from the World Bank after President William Ruto signed the Conflict-of-Interest Bill into law on Wednesday, July 30. The law ...

The Central Bank of Kenya (CBK) on Tuesday reduced its benchmark lending rate to 9.5 percent from 9.75 percent to stimulate economic activity and boost private-sector lending in the country.

By the end of March, county governments had accumulated pending bills to the tune of Sh172.51 billion, 98.5 percent of which ...

According to the latest World Bank Kenya Economic Update: Special Focus on Poverty and Distributional Impacts of Fiscal Policy in Kenya, some macroeconomic indicators have improved since ...

The World Bank has downgraded Kenya’s 2025 growth forecast from 5.0% to 4.5%, attributed to a combination of high debt levels, elevated interest rates, reduced access to external financing, and ...

With support from the Japan Social Development Fund and the World Bank, two initiatives in Zambia and Kenya are demonstrating how community-led approaches can enhance the impact of infrastructure ...

Download logo The World Bank Group A APO Importer The World Bank today approved a $250 million International Bank for Reconstruction and Development (IBRD) loan to enhance access to affordable ...

The World Bank is considering securitizing some of the projects it’s backing to attract more private funding as it prepares to roll out a series of debt-for-development swaps, President Ajay Banga ...

In the proposals—which the World Bank said could make personal income tax in Kenya equitable and yield a lower tax burden for low income earners—high-income earners will pay 38 per cent of ...

According to the World Bank, Kenya experienced high growth and declining poverty and inequality between 2005 and 2015 supported by market-oriented reforms and investments in education and health.