Reflecting on this year's IMF/World Bank Spring Meetings, one word lingers in my mind: uncertainty. The shifting global geopolitical landscape loomed large--none more so than the US administration's ...

Kenya’s economy grew at its slowest pace since the coronavirus pandemic after it was battered by deadly protests and floods.

As the world knows, the people of Kenya made their frustrations against the IMF known last year, with protests against IMF fiscal and austerity policies. And this unrest led to President William Ruto ...

Kenya has found itself dictated by the whims of the global financial markets, as any sentiment, including from the headlines ...

Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.

President William Ruto has defended his administration's controversial economic decisions, saying they are bearing fruit and have positioned Kenya among the leading economies in Africa, according to ...

A consensus outlook from 14 firms indicates the economy will likely expand 5 percent compared with a 5.1 percent projection ...

The recurrent budget covers day-to-day operational expenses, such as salaries, utilities, maintenance, and office supplies.

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

Chinese goods exported to the US face a tariff of 145 percent, while US exports to China face a tariff of 125 percent ...

Sri Lanka's Browns Power Holdings, a subsidiary of Browns Investments, has bought FLMC Plantations, the holding company of ...

Kenya is negotiating an increase in electricity imports from Ethiopia by 50 to 100 megawatts (MW) to address rising domestic demand and avoid potential power ...