NAIROBI, Jan 28 Kenya's economy is forecast to
grow 6.2% this year, up from 5.7% last year, central bank
governor Patrick Njoroge said on Tuesday, as regional trade
shields Kenya from the effects of a global downturn.
NAIROBI, Jan 27 Kenya's central bank cut its
benchmark lending rate on Monday for the second
time in a row, saying the economy was operating below potential
and there was room for a more accommodative monetary policy.
NAIROBI The world's richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam said on Monday. | Video
NAIROBI Kenyan police arrested the Nairobi County governor, known for his chunky gold jewellery and impromptu raps, on Friday on corruption charges, a high profile move in the government's much trumpeted anti-graft push. | Video
* Sees boost from real estate sales next fiscal year
(Adds details, outlook, quotes)
NAIROBI Kenya should create more senior political posts including that of prime minister and increase payments to regional governments to try to end cyclical election violence, a government report said on Wednesday.
NAIROBI, Nov 26 Kenyan banks will not return to
the "wild west kind of banditry" after a cap on commercial
lending rates was lifted this month, the governor of the central
bank said on Tuesday.
NAIROBI, Nov 25 Kenya's central bank cut its
benchmark lending rate for the first time in more
than a year on Monday, saying tightening fiscal policy had
provided room to ease in an effort to coax an economy operating
below its potential.
NAIROBI Kenyan President Uhuru Kenyatta on Friday approved a data protection law which complies with European Union legal standards as it looks to bolster investment in its information technology sector.
NAIROBI A group of Kenyan banks on Wednesday committed 10 billion Kenyan shillings ($97 million) in loans to small and medium businesses under a new mobile phone-based loan service targeting a fast-growing segment which has traditionally been under-served.