Bank says real tobacco tax revenues fell 39% since 2016; urges Kenya to adjust for inflation and raise excise on harmful ...

Kenya's central bank cut its benchmark lending rate to 9.75% on Tuesday from 10.00% previously, the bank's Monetary Policy ...

The World Bank has recommended that Kenya raise the income tax rate for its highest earners to 38% as part of efforts to ...

Kenya risks losing access to a Sh96.9 billion loan from the World Bank after President William Ruto declined to assent to a ...

The World Bank has cut Kenya's growth forecast for this year by half a point from its initial prediction to 4.5%, it said on ...

Kenya is facing mounting pressure from the World Bank to scrap generous tax incentives in its special economic zones (SEZs) ...

The World Bank has urged Kenya to freeze public sector hiring for two years, redeploy existing staff, and cut costly ...

The Bretton Woods lender had singled out passage of the Conflict of Interest Bill, 2023 into law, as a condition for release ...

Kenya's economic growth for the current fiscal year has dropped by half a point to 4.5 per cent, according to the World Bank ...

The Kenya Economic Update and the Public Finance Review Reports highlighted reforms that the government should take for debt ...

A new carbon tax on fuel would further increase the cost of the product, which is already heavily taxed and attracts nine ...

The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed a ...