Kenyan Hotels Hit Hard by Trump Policies as NGOs Cut Bookings
US President Donald Trump's recent policies and tariffs are negatively impacting Kenya’s hospitality sector, with hotels reporting lower conference bookings from donor funded programs and Non-Governmental Organizations (NGOs). “The hotel industry players for instance reported [...]
Why the CBK is Looking Beyond Fuel and Food to Measure Inflation
Inflation is a key macroeconomic indicator of how fast prices are rising in an economy, and it affects decisions made by households, businesses and government institutions. For central banks, it [...]Budget 2025/26: Govt Targets KSh 30bn from Tax Reforms, Sidesteps Public Backlash
The government is eyeing KSh30 billion additional revenue in the next financial year from administrative reforms, which puts it off the path of increasing taxes and adding new ones, measures [...]Treasury CS Mbadi Proposes Extra KSh 300m to the Hustler Fund
The government has allocated KSh 300 million to the Hustler Fund in the 2025/25 Financial Year, to scale up access to credit for households and MSMEs. “The Government recognizes the challenge of accessing [...]Kenya Targets Ksh 70Bn from 32 PPP Projects in FY 2025/26
Kenya will be implementing 32 Public-Private Partnership (PPP) projects worth Ksh 70 billion in FY 2025/26, focusing on priority sectors such as energy, water, housing, health, and transport. Mbadi made [...]Gov't to Settle Only KSh 229Bn Out of KSh 522.9Bn Pending Bills
The Committee on Pending Bills has until the end of June to submit its report on verified bills both the National and County governments owe different entities. “To enhance liquidity in [...]Kenya Joins Uganda, Rwanda, Tanzania in Presenting 2025/26 Budget Highlights
Kenya will join Uganda, Rwanda, and Tanzania in presenting 2025/26 Budget Estimates this afternoon where Treasury CS John Mbadi is expected to provide clarity on how the Treasury intends to fund the spending plan in [...]CBK, World Bank Trim Kenya's Economic Growth Forecast Amid Trade Headwinds
The Central Bank of Kenya (CBK) has cut its 2025 growth forecast to 5.2% from 5.4%, blaming higher trade tariffs but nonetheless expecting stronger yields in the agriculture and service [...]Private Sector Growth Slows as Consumers Remain Hesitant on Spending
The private sector’s seven month run of improving business conditions suffered a mild halt in May as rising prices contributed to a drop in customer spending. “The Stanbic Kenya PMI signalled fragility [...]Marginal Dip in Energy Prices Pushes Inflation Down to 3.8%
Kenya’s inflation rate was lower in May, at 3.8%, compared to 4.1% reported a month earlier, according to statistics from the Kenya National Bureau of Statistics (KNBS). “Core inflation contributed [...]Kenya’s Public Debt Hits Record KSh 11.36 Trillion in March 2025
Kenya’s public debt has continued its upward march, hitting KSh 11.36 trillion by March 2025, a record high that underscores the country’s deepening fiscal pressures and the urgent need for [...]
President Trump 5% Tax on Remittances Set to Rattle Kenya's Foreign Currency Flows
Buried on page 327 of what U.S House Republicans are hailing as “the one, big, beautiful bill,” a proposal by the Trump administration to impose a 5% tax on remittances [...]
