Kenya got some very good economic news this week. New data showed that the country's private sector grew at its fastest rate in more than five years. The most recent monthly business activity survey for November found a Purchasing Managers' Index (PMI) of 55.0, which is the highest level since late 2020 and shows strong momentum in many industries.  This amazing growth is due to more people wanting to buy things, households having more money to spend, and businesses feeling m

Kenya received positive economic news today as the latest international assessment upgraded the country’s projected growth rate for 2025 to 4.9% , up from the earlier estimate of 4.5%. The improvement is driven mainly by a strong recovery in the construction sector, which has regained momentum after a slowdown last year. According to the new analysis, construction activity across Kenya has increased steadily due to improved investor confidence, ongoing infrastructure projects

Kenya’s private sector continued to expand for the second month in a row, signaling renewed business confidence and a strengthening economic environment. The latest data shows that the country’s Purchasing Managers’ Index (PMI)  reached 52.5  in October, up from 51.9  in September. A PMI above 50 represents growth, and this is the fastest pace of expansion since late 2021 . This rise reflects improved new orders, higher output, and greater optimism among businesses across key

A New Era of Economic Cooperation The Joint Kenya-Arab Chamber of Commerce and Industry (JKACCI) stands today as one of the most...

Kenya has announced a major step toward strengthening its financial stability by converting its $5 billion railway loan from China into...

In a major positive development for Kenya’s economy, an International Monetary Fund (IMF) delegation will visit Nairobi from 25 September...

Kenya is moving quickly to finalize a new trade agreement with the United States before the end of 2025. The goal is to protect Kenya’s...

Kenya today stands at the forefront of a major economic milestone as it officially launched the Kenya Banking Centre for Sustainable...

Kenya is experiencing a moment of optimism. The Central Bank has announced that the benchmark lending rate has been lowered to 9.5...