Economy

Economy

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Matatu strike Matatu strike
Economy•

Private sector dips further in May as inflation sting erodes demand

Kenyan firms report sharpest deterioration in business since July 2024 as employers slash jobs for first time in 16 months.
Fuel Kenya Fuel Kenya
Economy•

Kenya’s diesel cut leaves commuters, food traders and firms waiting for real relief

EBC Financial Group says EPRA’s diesel revision has shifted attention from pump
Fuel Prices Protests Kenya Fuel Prices Protests Kenya
Economy•

Lawyers demand audit of G-to-G fuel deal amid oil prices revolt

Lawyers fault government-to-government fuel purchase deal between Kenya, the
Kenya Bankers Association Kenya Bankers Association
Economy•

Bankers push for Sh28Bn PAYE cut for workers, say it will pay back in a year

Alliance of bankers in Kenya notes that tax cut has the potential to trigger

Below the fold

Below the fold

Tea exports
Economy•

Poor weather cuts first quarter tea output by 18 percent

Fertiliser subsidy
Economy•

Treasury cuts agriculture sector budget by 12% to KES47.6Bn

Solar sector
Economy•

Lobby warns VAT charge could shrink Kenya's solar sector by 20%

Senate KE
Economy•

Senate’s Sh465Bn for counties set to spark budget tug-of-war with MPs

New AfDB President
Economy•

New captain at AfDB as foreign aid dries up and tariffs bite

Safaricom
Economy•

Safaricom sets aside $500M for AI infrastructure in East Africa

World Bank Kenya
Economy•

Rising debt dims Kenya’s growth outlook — World Bank

Taasi Loans
Economy•

DTB and Safaricom roll out Taasi Till Loans

Dr Peter Ndegwa
Economy•

Safaricom unveils new credit tool for Kenya’s MSMEs

National Treasury
Economy•

Debt mounts as treasury secures $1.5Bn in new Eurobond

Knight Frank CEO Mark Dunford
Economy•

Kenya's wealthy investors look inward amid rising global uncertainty

CBK Governor
Economy•

EAC central bank chiefs project 5.8% growth in 2025