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Kenya Economy

A Revival of the Keynesian Economics into the Current Kenyan Economy

The past decennium over, Kenya as a country has made consequential political and economic reforms, which have advanced perpetual...

Kenya discovers 28 sites of gold and other minerals

Kenya has discovered 28 sites teeming with gold and other minerals in the Western Counties of the East African...

Why has IMF reduced Kenya’s funding program?

The recent reduction in Kenya's funding program with the International Monetary Fund (IMF) has raised eyebrows and sparked speculation...

Kenya’s private sector lending skyrockets by 13.9%

Kenya's private sector lending has experienced a significant surge, with credit to private enterprises increasing by 13.9% to reach...

How Lidambitsa gold refinery will boost Kenya’s economy

The unveiling of the Lidambitsa gold refinery in Kenya marks a significant milestone in the country's efforts to boost...

Kenya maintains key interest rate at 13%

Kenya's central bank recently announced its decision to maintain the key interest rate at 13% amidst stable inflation. This move...

Kenya’s economy surged in 2023 despite challenges

Kenya's economy experienced a significant surge in 2023, with real Gross Domestic Product (GDP) growth accelerating to 5.6%, exceeding...

Kenya’s economy grew by 5.6% in 2023

Kenya’s economy saw a robust growth of 5.6% in 2023, up from a revised 4.9% in the previous year,...

How Kenya’s tourism sector lost $1 billion during COVID-19

The loss of revenue from the tourism sector had far-reaching consequences for Kenya's economy, leading to widespread unemployment, particularly in the hospitality and service industries.

Kenya: How farming and fishing are changing lives in Turkana

In the remote region of Turkana in Kenya, farming and fishing have become more than just a means of...

Kenya’s inflation plummets in March as prices take a dive

In a welcome development for consumers, Kenya's inflation rate dropped in March, signaling a decrease in the prices of...

How climate change is costing Kenya 5% of its GDP every year

Climate change is not only an environmental concern, but also a significant economic issue that countries around the world...