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Kenya Economy

Safaricom stake in Kenya’s economy hits $6.7 billion

Safaricom, Kenya's leading telecommunications company, has seen its stake in the country's economy reach a staggering $6.7 billion (Ksh 1 trillion). This represents a 25...

Kenya plans to remove visa for all international travellers

In a groundbreaking move, Kenya is considering the removal of visa requirements for all international travellers in a bid to bolster its tourism sector...

Kenya records 42% surge in diaspora remittances

Kenya has witnessed a remarkable surge in diaspora remittances from African countries, with a growth rate of 42 percent in the last seven months. This...

IMF endorses Kenya’s fuel price stabilisation plan to boost economy

The International Monetary Fund has given its approval to Kenya's fuel price stabilisation plan, which aims to boost the country's economy. The plan, introduced by...

Can President Ruto revamp Kenya’s economy and navigate its Politics?

President William Ruto holds great promise for Kenya, but can he revamp the country's economy and navigate its complex political landscape? After several unsuccessful attempts...

Ethiopia and Kenya contemplating BRICS membership

In recent years, there has been a visible strategic shift in the global landscape, with developing nations like Ethiopia and Kenya contemplating membership in...

Kenyan Shilling: How the Depreciation is Affecting Businesses

The depreciation of the Kenyan shilling against the US dollar has resulted in a number of economic issues for businesses. Businesses are forced to...

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