Tag Archives: kenyan economy

23 September 22

US Now the Top Importer of Kenyan Goods

Recent official data released by the CBK has revealed export of Kenyan goods to the US has increased by 47 percent to 38 billion in the first half a year was driven by increased sales of clothes. This position has
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30 July 22

Kenyan banks instructed to close accounts belonging to Flutterwave and Chipper Cash

The central bank of Kenya last week issued a directive to banking institutions in Kenya to shut down all accounts belonging to payment technology Flutterwave and Chipper Cash. This directive will also include freezing the cash from these payment technologies.
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23 July 22

Kenyan Inflation Shoots To A New Record High Of 8.3 Percent.

The Kenyan inflation has hit another record high after it supersedes last month’s record of 7.9 percent to now 8.3 percent. The current inflation rate is at a 61-month high despite central bank fiscal policy and state subsidies on key
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11 July 22

Kenyan Inflation Hits 58-Month Record as Cost-of-Living Surges

The Kenyan rate of inflation has surpassed the previous limit set by the central bank of Kenya. The current rate is the highest in nearly five years. The Figures At The Moment The inflation rate in Kenya reached a climax
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09 May 22

How Increased Taxes On Oil, Gas Will Affect Economic Recovery

Kenya may have overcome one of its worst fuel shortages in years, but the challenges facing the oil and gas sector seem to have taken another turn. Over the last few months, the oil market has been hit hard, partly
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17 October 19

Kenya set to double debt ceiling, almost matching economy size

Lawmakers in Kenya have approved government plans to increase the country’s debt ceiling.

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