The Kenya Bankers Association (KBA) proposed the use unified Kenya Base Rate (KBR) to streamline credit pricing in the market ...

Kenya is set to surpass Ethiopia as East Africa’s biggest economy this year, according to the International Monetary Fund. We ...

Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...

The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...

Countries caught between the U.S. and China are in “an impossible situation” because they need to stay economically connected ...

Let’s face it—animal stories are simply the best. Whether it's a jaguar casually strolling through a Brazilian neighborhood, or a group of kind-hearted folks in Thailand rescuing 12 puppies from a ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

America played a less destructive role than feared at last week’s spring meetings of the World Bank and the IMF.

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

President has to delicately balance repayment and providing services to the public without increasing tax burden.