It includes Sh3.09 trillion for recurrent spending and Sh725.1 billion for development.
The former UNCTAD Secretary-General detailed that Tanzania was gaining much from the current systems pushing away investors.
It notes that the rating was speculative, as midterm review data on the Appropriation Bill, the spending allocations, the final budget, the finance bill and the...
The report said that domestic financing costs have started to decline amid a monetary easing cycle.
French investigating magistrates have issued an arrest warrant against ousted Syrian leader Bashar al-Assad for suspected complicity in war crimes, notably the launch of a deliberate...
The shifting sands of U.S. foreign policy under Trump's leadership present an urgent challenge for African governments.
The shortfall comes at a time when the government has been grappling with the consequences of the Finance Bill, 2024's rejection.
The Kenya Kwanza government is actively working on enhancing the digital finance sector by introducing a new, faster, and more interoperable payment system to work alongside...
Economic team to include billionaires Scott Bessent, Howard Lutnick, oil executive Chris Wright to make tariff threats, deregulation visions come true,
Selu Limited's involvement aims to transform the agricultural landscape by producing 720,000 bags of maize and 160,000 bags of soybeans annually over the next 30 years...
UAE ranks Kenya as sixth-largest export destination and second-largest source of imports, accounting for 16pc of Kenya’s total imports.
In Kenya, a nation grappling with economic challenges, tax evasion by large corporations has become a critical issue exacerbating the fiscal strain on the government. This...
Kenya’s economy is projected to face its worst performance in recent years, with the gross domestic product (GDP) growth expected to slow to 4.7 per cent...
Sources confirmed that Kenya was facing intense pressure from development partners over the leasing out of JKIA, the official gateway to the region, to an Indian...
The Central Bank of Kenya (CBK) has embarked on plans to release new banknotes into circulation to replace the 2019 series. The regulator says the new...
The African Growth and Opportunity Act (Agoa), which has enabled eligible African countries to export some of their produce to the US without paying taxes since...
Under the plan, the Kenya Revenue Authority (KRA) will leverage PIN information to snoop on individuals’ and companies’ activities across different government services, enabling them to...
