News

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 ...
The World Bank's reversal of its loan ban on Uganda—despite the country’s discriminatory policies—highlights the delicate ...
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.
Bank says real tobacco tax revenues fell 39% since 2016; urges Kenya to adjust for inflation and raise excise on harmful ...
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 ...
Kenya is facing mounting pressure from the World Bank to scrap generous tax incentives in its special economic zones (SEZs) ...
Kenya's government was set to present its budget to parliament on Thursday, carefully prepared to avoid a repeat of massive ...
Kenya’s KCB Group Limited is set to be the first foreign lender to enter Ethiopia’s banking sector following reforms that opened the industry to international players, according to sources at the ...
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 ...