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

According to the World Bank’s latest Global Economic Prospects report, the turmoil has cut growth forecasts in nearly 70 per ...

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 ...

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

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

The World Bank's reversal of its loan ban on Uganda—despite the country’s discriminatory policies—highlights the delicate ...

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

Several Facebook users claim that a photo circulating on Facebook is of the Elwak-Modogoshe road, also known as the Isiolo-Mandera road, in northeastern Kenya. However, the photo was created using ...

The National Assembly on Tuesday approved and adopted the President's reservations on the Conflict of Interest Bill that had, ...