NAIROBI, April 30 (Reuters) - Kenya's inflation rate (KECPI=ECI), opens new tab ... Reuters provides business, financial, national and international news to professionals via desktop terminals ...

Uganda saw 5.9 percent GDP growth, from 4.6 percent in 2023, propelled by advancements in oil sector developments and public ...

Absa Bank Kenya has restructured Ksh3.4 billion ($26.35 million) in loans it gave to customers who are struggling to repay as ...

CBK’s is a case of ‘moral suasion’ in the parlance while it carries a big stick on the base lending rate setting for banks.

The RBI’s Monetary Policy Committee (MPC) reviewed the economy’s performance in ... risks are evenly balanced. Inflation trajectory opens room for deeper rate cut cycle Economists said that ...

Inflation is expected to be well aligned to the Reserve Bank of India’s (RBI) target of 4% in the current financial year ... cut its key policy rate for a second consecutive time and changed ...

In 2025, gold has continued its strong performance and moved above $3,000. Gold continues to be an indispensable asset in the global financial ... including inflation rates and geopolitical ...

Undoubtedly, leadership commitment and professionalism, strict follow up on the performance and financial transparency and accountability ... These, among others include: foreign exchange shortages, ...

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

A subdued performance in the agricultural sector, high interest rates and a drop in the number of job opportunities created, saw Kenya's economy grow at a slower pace of 4.7 per cent slower compared ...