The International Monetary Fund (IMF) has revised upwards its earlier global economic forecast by 20 basis points on easing cost of living and relative calmness in global trade after the US paused ...

A planned CBK shift to bank-led bond trading has sparked concern among brokers, who fear it could sideline intermediaries and ...

Kenya’s external liquidity pressure has significantly eased following the early repayment of a KSh 258 billion ($2 billion) ...

The financing from the World Bank is critical at a time when the government has found itself under mounting fiscal pressures demonstrated by missed revenue targets and the lack of a ...

The Kenyan shilling has experienced a slight depreciation against the Tanzanian shilling, reflecting subtle shifts in regional economic dynamics.

A spot check on the country’s US Dollar reserves trend shows the reserves of the greenback have remained stable since January ...

Kenya’s central bank is targeting leading local banks to provide liquidity in the government bonds market as part of a ...

The government will hold another round of talks with IMF officials in September in a bid to clinch the programme, the central bank chief Kamau Thugge said last month.

IMF last week approved a Sh78.7 billion loan in a boost to Kenya’s war on the Covid-19 but warned the country against forgetting its high debt levels. Stay informed. Subscribe to our newsletter ...

“What Kenya and other IMF patients should do is to first make sure poor people get enough support for subsistence. Don’t touch that. And then try to increase the size of your economy,” he said.