David Herbling

Kenya’s government plans to introduce a 3% tax on digital assets for the coming budget year as other sources of funding prove expensive or inaccessible.

Kristalina Georgieva tweets support for the government's 'vigorous actions' to shore up its finances after meeting President William Ruto in Nairobi

Greater trade openness would help countries adapt to climate change and to strengthen food security, IMF study says

Kenya’s President William Ruto nominated Kamau Thugge as the nation’s central bank governor, as he looks to boost an economy reeling from sticky inflation and a weakening currency.

Kenya plans to raise money through a bond sale to pay what it owes oil marketing companies in subsidy arrears, according to people with knowledge of the matter.

Kenya’s President William Ruto nominated Kamau Thugge as the nation’s central bank governor as he looks to boost an economy reeling from sticky inflation and a weakening currency.

Kenya is likely to leave its benchmark rate unchanged, even as a depreciating currency, fuel-price increases and proposed new tax measures stoke inflation.

Kenya’s central bank left the benchmark interest rate unchanged at its final meeting presided over by Governor Patrick Njoroge as it expects inflation to ease further.

The World Bank approved a $1 billion loan to Kenya to support the East African nation’s economy.

Kenya’s inflation rate unexpectedly climbed in May, fueled by soaring sugar prices that outgoing central bank Governor Patrick Njoroge warned may pose a risk to the monetary authority’s expectations that price-growth will ease.