News Kenya: Kenya's credit providers face higher fees and tighter CBK controls under new regulations
Kenya's new rules for non-deposit-taking credit providers raise compliance fees and introduce tighter requirements around lending products, customer data and AI-driven decisions.
News Kenya: Kenya Economy Estimate Rises to US$151 Billion
The International Monetary Fund now puts Kenya's 2026 economy at about US$151 billion, still seventh in Africa and about US$6 billion behind Angola.
News Kenya: Kenya anti-tax protests turn violent as government votes on controversial bill
Violent clashes between police and protestors have broken out in Nairobi, Kenya on Thursday as a government vote on a controversial finance bill gets underway. A CNN team on the ground witnessed ...
News Kenya: New taxes threaten to stifle Kenya’s growing EV sector
NAIROBI — Kenya's push to introduce new taxes on some electric vehicles and their batteries could stifle growth in the country's fledgling e-mobility sector, experts have warned. The country's new ...
News Kenya: Why Kenya's swap of US dollar loans for Chinese yuan offers more than debt relief
Kenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing's long-term goal of internationalising its currency. Analysts said the decision, announced by Kenya last week, paved the way for other debt-stressed African countries and could ultimately draw them closer to China. Kenyan Treasury Minister John Mbadi said on Tuesday that the country's US$5 billion Chinese railway loans had been converted to Chi
News Kenya: Kenya is First African Nation to Build Deforestation-Reduction Project Registry & Teams with S&P Global Commodity Insights
SINGAPORE, NEW YORK, LONDON, Sept. 18, 2024/ PRNewswire/-- S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy and energy transition markets, today announced it has been selected by Conservation International on behalf of the Government of Kenya, to...
News Kenya: Chinese Imports Edging Out Kenya’s Local Products
Kenyan artisans say they are losing the market for their products to Chinese imports. According to the crafts persons, the high quality and lower prices of Chinese-made goods put them at a ...
News Kenya: Kenya Demands Exporters’ Paperwork for Imports at Port
Since 1 September, Kenya makes importers hold an export declaration from the seller's country. Agents say Mombasa car releases stalled; KRA cites the law.
News Kenya: Britam Launches Two Funds Giving Kenyan Investors Access to Global Markets
Britam Asset Managers has launched two special funds that will give local investors access to global equities and a broader range of local and international assets as Kenya’s investment industry continues to expand. The Britam Enhanced Global Equities Special Fund and Britam Multi Asset Special Fund were approved by the Capital Markets Authority (CMA) in […]
News Kenya: Britam launches global investment funds amid rising competition from NCBA, Absa and MansaX
Britam Asset Managers has introduced global-equity and multi-asset Special Funds as Kenya’s collective investment market approaches KSh1 trillion. The products enter a competitive market that already ...
News Kenya: Kenya is connecting mobile money, e-commerce and finance to chase global digital trade
Kenya already has a large mobile-money and digital-commerce ecosystem. The bigger challenge is connecting payments with trade finance, logistics, regulation and cross-border markets.
News Kenya: Kenya's currency is about to notch its 29th consecutive month of declines
In 2023, it's weakened about 18%, it's largest drop in 15 years. Oil prices and slowing foreign inflows could put more pressure on the currency by 2024. Kenya's shilling is on pace for its 29th ...
News Kenya: Kenya's flower exports now feel the heat of rising freight costs
Kenya’s flower industry, long celebrated as one of the country’s biggest export success stories, is staring at fresh uncertainty as rising freight costs, global geopolitical tensions and increasing ...
News Kenya: Kenya: CBK Retains Lending Rate At 8.75pc Amid Stable Inflation
The Central Bank of Kenya (CBK) has maintained the Central Bank Rate (CBR) at 8.75 percent, citing stable inflation and the exchange rate.
News Kenya: Why CBK kept Kenya's Central Bank Rate at 8.75 percent
The Central Bank of Kenya's (CBK) Monetary Policy Committee has retained the Central Bank Rate at 8.75 percent for the fourth consecutive meeting, citing a stable exchange rate and inflation that remains within the target range.
News Kenya: Kenya Interest Rate Decision Set for October 7
Kenya interest rate decision on October 7, 2026 is most likely a hold at 8.75% as inflation hits 6.8% and the shilling stays stable.
News Kenya: Warnings over Kenya’s rising foreign debt burden
Kenya's foreign debt burden came under the spotlight in two separate ratings agency reports. Last week Moody's said the country's debt servicing costs would remain stubbornly high as it relies ...
News Kenya: Kenya's plan to switch debt payments to China from US dollars to yuan is a 'win-win'
Kenya's plan to convert its US dollar-denominated Chinese debt to yuan is a "win-win", as it is expected to reduce interest payments for the African nation while advancing China's goal of increasing the global use of its currency, according to analysts. The deal would be precedent-setting and could establish a new rule book for future debt restructuring and possibly cut reliance on the US dollar. In late August, Kenya's Treasury announced that talks with the Export-Import Bank of China were at a
