Ayhan Kose, the World Bank’s deputy chief Economist and director of the Prospects Group /(X)The World Bank has downgraded Kenya’s economic growth even as it warns that growing trade tensions and ...

Kenya's central bank cut its benchmark lending rate for the sixth meeting in a row on Tuesday but by a smaller margin, saying ...

The World Bank has lowered Kenya's economic growth for 2025, down from 5 percent predicted about six months ago to 4.5 percent.The Washington-based lender cites tighter global financial conditions, ...

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 Tuesday, citing high levels of debt, high lending rates and a decline in ...

Tobacco has absolutely no known health benefit and kills about 9,000 Kenyans every year, according to the Ministry of Health. Its use also leaves thousands sick with cancer, heart complications ...

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

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

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

The World Bank has urged Kenya to freeze public sector hiring for two years, redeploy existing staff, and cut costly allowances to curb the unsustainable wage bill.

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 ...

Currently, Kenyans within the aforementioned income band pay a tax of 32.5 per cent, representing an increase in PIT. This is ...