Kenya’s December Inflation Rate Stands at 6.6 Per Cent: KNBS
Kenya’s inflation stood at 6.6 per cent in the last month of last year, driven by increases in prices of commodities under Transport; Housing, Water, Electricity, Gas and other fuels; [...]
Inflation: Kenya’s Rural Folks Avoid Kiosks
Majority of rural dwellers are cushioning themselves from the high cost of living by making use of farms as source of food. A new Poll by Tifa research conducted between [...]A Guide for Secure Online Transactions This Festive Season
As the festive season approaches, Kenya's Banking industry is stepping up efforts to educate consumers on the importance of online transactions vigilance through its longstanding campaign, #BeAlert #KaaChonjo. Celebrating more [...]
Most Kenyans Economic Position Worsens Compared to a Year Ago- TIFA Survey
Majority of Kenyans have resorted to self-employment to get daily income as opportunities in the formal employment sector gets elusive. Tifa’s Survey results of 49 per cent of respondents who [...]Micro and Small Enterprises Experience High Loan Defaults Survey
Micro and Small Enterprises (MSEs) in Kenya experienced a myriad of challenges, pushing up the default loan rate from 42.8% to 60.7% in June 2023, a Survey conducted by the [...]
Cost of Living Eases in August-KNBS Survey
Kenyans experienced an ease in the cost of leaving in the month of August from 7.3 per cent in July to 6.7 per cent last month, mainly attributed to drop [...]KNTC Rolls Cooking Oil Vending Machines as Competition in Sachet Economy Heats Up
Kenya National Trading Corporation(KNTC) has launched edible oil dispensing machines, a move that is expected to trigger intense competition by local and foreign firms for a share of Kenya’s cooking [...]Inflation Rate for Kenya Drops to 7.3% in July
The Monthly Inflation Rate figures for Kenya, as measured by the Consumer Price Index (CPI), eased to 7.3% in July 2023 from 7.9% in June 2023, the second consecutive drop [...]Trends on how Kenyans use their disposable income
Kenyans with disposable income are opting for savings or investments account as preferred platforms to keep their hard-earned money, most of the accounts offer interest after a period of time. [...]KRA Processes Over 5.4 M Tax Returns As June Deadline Looms
Kenya Revenue Authority(KRA) had received over 5.4 Million tax records as at 28th June as more Kenyan taxpayers rushed to beat the 30th June deadline set for submission of returns. [...]Kenya Listed among ‘Big 5’ Wealth Markets in Africa Report
Kenya is ranked among the ‘Big 5’ wealth markets in Africa, in a group that is led by South Africa followed by Egypt, Nigeria then Kenya as the 4th and [...]Kenyans with Records at CRBs Reach 25 Million in 2022
Kenyans that have their credit data visible within Credit Reference Bureaus(CRBs) rose to 25 million in 2022, made up of 19 million active records while the 6 million individuals are [...]
