Economy

ECONOMY11 Aug

CBK holds rate at 8.75% as Middle East conflict raises inflation risks

The Central Bank of Kenya maintained its benchmark interest rate at 8.75 per cent, citing rising global energy prices and risks to inflation from the conflict in the Middle East.

Kenya private sector activity rises as sales rebound in July

Kenya's private sector returned to growth in July, with the Stanbic Bank PMI rising to 51.3 as stronger customer demand and hiring offset persistent inflation, high input costs and supply chain disruptions that continued to constrain output.

ECONOMY5 Aug

Inflation falls to 4.3% in February

Annual fall in February driven by lower energy and transport prices.

ECONOMY27 Feb

Co-op Bank, Roam among Kenyan firms ranked as fastest growing in Africa

Co-operative Bank and 10 other Kenyan firms have been ranked among the fastest growing in Africa according to a ranking released by Financial Times and Statista.

ECONOMY8 Jan

Kenya business expectations recover; KCB shares down 5%

Stanbic Bank Kenya PMI showed a near recovery to business conditions; KCB shares down 5% after closing books for interim and special dividends

BUSINESS LIVE4 Sept
ECONOMY31 Aug

Inflation rises slightly to 4.5% on higher food, transport costs

Annual rise in August driven by higher food and transport prices.

ECONOMY13 Aug 25

Private sector activity fell in July, PMI shows

Private sector activity fell at the sharpest pace in a year in July with Stanbic Bank Kenya Purchasing Managers' Index falling to 46.8 in July from 48.6 a month earlier.