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Kenya Faces Sh375bn Revenue Shortfall, Escalating Cash Crisis

Kenya Faces Sh375bn Revenue Shortfall, Escalating Cash Crisis According to newly released Treasury data, a Sh375 billion revenue shortfall in the fiscal year ending June...

Broken Promises: Unga Prices Stay High Despite Pledges!

Broken Promises: Unga Prices Stay High Despite Pledges! One of the primary tenets of Kenya Kwanza's government during its vote-gathering mission in 2022 during the...

Kenya’s Credit Rating Downgraded by Fitch

Kenya's Credit Rating Downgraded by Fitch As a result of deteriorating macroeconomic conditions, the global rating agency Fitch has downgraded Kenya's credit status to negative,...

Ruto’s Record-Breaking Borrowing in Kenya

Ruto's Record-Breaking Borrowing in Kenya In his first nine months in office, President William Ruto's administration has borrowed more than Ksh1.2 trillion, surpassing the amount...

Kenyans Borrow Ksh33 Billion from Hustler Fund

Kenyans Borrow Ksh33 Billion from Hustler Fund Since the small loans initiative was launched in late 2022, Kenyans have borrowed Ksh33 billion from Hustler Fund,...

Kenya’s Economy on a Dangerous Slide

Kenya's Economy on a Dangerous Slide Economists and analysts have warned that the new wave of political unrest could drive Kenya's economy to the brink,...

Shilling Surges to 150 vs. Dollar – Report

Shilling Surges to 150 vs. Dollar - Report According to a report by EFG Hermes Research on Friday, July 17, it was forecasted that the...

Unclaimed Wealth: Safaricom and KCB Shares Worth 1.2bn Unclaimed

Unclaimed Wealth: Safaricom and KCB Shares Worth 1.2bn Unclaimed More than 1.2 billion shares of blue chip companies, including Safaricom, Absa, KCB, and Britam, have...

Clash of Priorities: Ruto’s Economic Focus vs. Demos for Third Liberation

Clash of Priorities: Ruto's Economic Focus vs. Demos for Third Liberation On July 7, 1990, during the historic Saba Saba protests, Kenyans took to the...

Kenyans Face Hardship as Saudi Arabia Slashes Oil Exports

Kenyans Face Hardship as Saudi Arabia Slashes Oil Exports The decision by Saudi Arabia and Russia to reduce oil production by 1 million and 500,000...

Kenya’s Inflation Rate Dips to 7.9% Despite Food & Transport Hike

Kenya's Inflation Rate Dips to 7.9% Despite Food & Transport Hike In June, commodity prices increased at a slower rate than in May, with an...

Kenya Ranks 117th in Global Peace Index 2023: Here Is Why

Kenya Ranks 117th in Global Peace Index 2023: Here Is Why The Institute for Economics and Peace's Global Peace Index for 2023 ranks Kenya as...

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