Kenya: Economic News Kenya: Central Bank cuts rates further in December Bank delivers larger-than-expected cut: On 5 December, the Central Bank of Kenya (CBK) decided to lower its policy rate by... Kenya: Central Bank continues easing cycle in October ...
"Economic growth is expected to remain strong in 2022 despite the downside risks to global growth," Njoroge said during the post Monetary Policy Committee (MPC) media briefing. He revealed that the non-agricultural sectors are projected to grow at a faster rate as compared to the agricultural s...
In general, the growth rate of the manufacturing sector in Kenya fluctuated strongly, reaching its lowest value in the second quarter of 2020 with a score of -5.1 percent. Gross Domestic Product (GDP) growth of the manufacturing sector in Kenya between Q1 2020 and Q2 2024 ...
Treasury Cabinet Secretary Henry Rotich said the East African nation expected to grow at 6 percent this year, a situation much different from the International Monetary Fund (IMF) focus of 1.4 percent economic growth rate for Africa. "Our economy is growing favorable at 6 percent and the foreign...
GDP growth over the medium term is expected to remain at around 5%, broadly in line with the pre-pandemic trend and Kenya's estimated potential GDP growth rate. The strong headline GDP growth amid the polycrisis highlights the resilience of the Kenyan economy.Africa Research Bulletin: Economic,...
Kenya’s economic growth has averaged 4.6 percent over the past five years, falling short of the 10 percent economic growth rate per annum targeted under the government’s long-term development plan dubbed Vision 2030. According to PBO, a bleak global economic outlook has...
A country with a strong and resilient services sector and economy, Kenya’s economic overview and business opportunities outlook is promising. Last year, the country’s economic growth rate was an average of 5.7%. With that percentage, it is the Sub-Sahara Africa’s fastest growing economies. ...
The benchmark interest rate in Kenya was last recorded at 11.25 percent. This page provides the latest reported value for - Kenya Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic cale
The Profits of Maturity: Kenya, Which Recorded a Growth Rate of 5.5% in 2013, Is Expected to Add Half a Percentage Point This Year. the Robust Growth Is Being Attributed to Sound Macroeconomic and Transformative Policies but Political Stability Has Played the Major Part. Can This East African...
In Kenya, revenue in the Esports market is projected to reach US$7.6m in 2024. This revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 5.56%, leading to a projected market volume of US$9.9m by 2029. The largest market within this market is Esports Betting, whi...