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 [...]Kenya’s GDP Growth Slows to Weakest Pace Since 2013
Kenya’s GDP expanded by 4.7% in 2024, a slowdown from 5.7% in 2023, as global headwinds, tight financial conditions, and easing post-pandemic momentum shaped economic activity. Nominal GDP reached KSh [...]Stanbic PMI Highest in 10 Months as Jobs Grow
Kenya’s private sector recorded higher sale volumes despite inflation rising to 4.1% in April, the latest Stanbic Purchasing Managers' Index (PMI) shows. “The Kenya PMI for April reveals a private [...]Kenya’s Secondary Bond Market Surges 95% in Q1, On Track for Another Record Year
Kenya's secondary bond market had a great start to 2025, with trading volumes that highlight increased investor interest and better market liquidity. . Among the infrastructure bonds that drove the [...]
