Tag: Kenya Economy
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Kenya Set to Receive Sh51.5 billion Million World Bank Emergency Funding Within Six Weeks
NAIROBI, Kenya- Kenya is expected to receive about $400 million (approximately Sh51.5 billion) in emergency financing from the World Bank within six weeks to...
SGR Posts Sh3.2 Billion Operating Profit in 2025/26 Financial Year
NAIROBI, Kenya — Standard Gauge Railway (SGR) recorded an operating profit of Sh3.2 billion ($24.7 million) in the 2025/2026 financial year, marking a significant...
[TEXT-TO-TEXT SPEECH] Ruto: Kenya Is Open for Business and Ready to Lead Africa’s Next Investment Frontier
NAIROBI, Kenya - This summit comes at a defining moment. Global capital is looking for new frontiers, businesses are restructuring their operations and supply...
Kenyan Shilling Holds Firm as Forex Reserves Drop by $221 Million
NAIROBI, Kenya - Kenya’s foreign exchange reserves fell by $221 million in the week ending August 27, 2026, but the Kenyan Shilling remained largely...
Treasury Doubles Domestic Borrowing to Sh138 Billion in July
NAIROBI, Kenya — The government more than doubled its domestic borrowing in July, raising Sh138.25 billion from the local market as it began implementing...