Nairobi – In a welcome move for investors and business partners, Kenya has announced that it will aim for a budget deficit of 4.9 % of GDP  for the fiscal year 2026/27, virtually unchanged from the 4.8 % target for the current year. This decision was communicated by a senior official of the Ministry of Finance as part of the government’s strategy to strengthen fiscal discipline and boost investor confidence. The fact that the government is choosing to hold back from higher de

Investors’ wealth on the Nairobi Securities Exchange (NSE) has climbed by approximately KSh 1.04 trillion  this year, underscoring a vibrant resurgence of capital-market activity in Kenya. Driven by robust corporate earnings, low government-bond yields and an increased appetite for equities, the market capitalisation has now surpassed KSh 3 trillion. Analysts point to this rally as a clear demonstration of renewed investor confidence in Kenya’s business environment and econom

In a remarkable sign of Kenya’s ongoing economic progress, the country has officially received an upgrade in its sovereign credit rating...