Increased payroll taxes are one element of a desperate bid in Kenya to keep the government running and pay off the country’s ...

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

From the onset, the international mission to help Haiti wrest back control from armed gangs faced challenges and skepticism.

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

The IMF projects that Kenya’s GDP will grow by 4.8 percent in 2025, which would be 0.2 percentage points lower than the five ...

Kiambu Senator Karungo wa Thang'wa has dismissed the latest International Monetary Fund (IMF) rating placing Kenya as Eastern ...

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.

John Mbadi inked a KSh 8.9 billion loan deal with the Organisation of the Petroleum Exporting Countries (OPEC) Fund during US ...