NewsNetWideOpen the globe

Africa

🇰🇪 Kenya: market & economy news today

The latest market, economy, central-bank, policy and company stories from Kenya, updated every 15 minutes. Last updated 19 October 2026.

Kenya investor snapshot

GDP growth (2025)4.6%Fast growth.
Inflation (2025)4.1%Above the usual central-bank targets.
Unemployment (2025)5.4%Moderate.
GDP per person (2025)$2,363Average output per person: a rough measure of how wealthy a country is.
Current account (2024)-1.3% of GDPDeficit: spends more abroad than it earns, so it relies on foreign money.
Exports (2025)15.8% of GDPDriven mostly by its home market.

Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.

Latest stories

Economy

Kenya: Authorities Must Address Economic Grievances Driving Protests, End Repressive Tactics

[AI London] Kenyan authorities have increasingly used authoritarian tactics, including arbitrary arrests and detention, abductions, malicious prosecution of protesters, surveillance, and media repression, to crack down on protests against deepening economic hardship and the government's aggressive fiscal policies…

Source: AllAfrica
Companies

Firms eye SMEs with smaller, locally hosted AI systems

The shift toward smaller systems comes as Kenya seeks to expand the use of AI across its economy.

Source: Business Daily Africa
Economy

Le Kenya devient la première puissance économique d’Afrique de l’Est

Le Kenya a dépassé l’Éthiopie pour devenir la première économie d’Afrique de l’Est et d’Afrique centrale, selon les données du Fonds monétaire international (FMI).

Source: Tchadinfos
Policy & Geopolitics

Kenya: Explainer - What Ruto's New Tax Laws Mean for Motorists, Builders and KRA

[Capital FM] Nairobi -- President William Ruto has signed two tax laws overhauling the financing and governance of the Kenya Revenue Authority (KRA), changing the taxation of construction materials and allowing the extension of the reduced 8 per cent VAT rate on petroleum products for a further 90 days.

Source: AllAfrica
Policy & Geopolitics

Naipa seeks order to block New-KCC privatisation

The dispute stems from the distribution of New-KCC products in Kapenguria, Lodwar and areas bordering South Sudan. The matter was referred to arbitration.

Source: Business Daily Africa
Markets

KPC plans bond sales, bonus shares to preserve cash for projects

The utility says that the expensive nature of its capital projects necessitates abundance of caution.

Source: Business Daily Africa
Companies

Kenya: Govt Urges Firms to Boost Local Production and Regional Trade

[Capital FM] Nairobi -- Investments, Trade and Industry Cabinet Secretary Lee Kinyanjui has urged Kenyan businesses to increase local production and expand into regional markets to create jobs and reduce reliance on imports.

Source: AllAfrica
Economy

Youth unemployment hits 35pc in Wajir, four times Nandi, Nyeri

National employment data show that creating jobs remains a challenge, with most new opportunities concentrated in the informal sector.

Source: Business Daily Africa
Policy & Geopolitics

Kenya: Govt Stops Borrowing to Pay Salaries, Says Controller of Budget

[Capital FM] Nairobi -- The integration of the Integrated Financial Management Information System (IFMIS) with the Government Human Resource Information System has helped end the practice of borrowing to pay public servants' salaries, Controller of Budget Margaret Nyakang'o has said.

Source: AllAfrica
Companies

Advisors to earn Sh575m from Quickmart IPO

The company’s founders will receive net proceeds of Sh14.4 billion after footing the professional and regulatory fees.

Source: Business Daily Africa
Economy

Kenya: Gachagua Accuses Ruto of Using Fuel Price Hikes to Fund 2027 Campaigns

[Capital FM] Nairobi -- Former Deputy President Rigathi Gachagua has accused President William Ruto of exploiting fuel price increases to raise money for political bribery ahead of the August 2027 General Election, escalating his attacks on the government's economic management.

Source: AllAfrica
Policy & Geopolitics

Name change costs Peptang maker tax fight with KRA

KRA issued the demand on February 25, 2026. Premier Foods sought a review, but the authority upheld the assessment on April 21, triggering an appeal to the tribunal.

Source: Business Daily Africa
Economy

Calls for stronger industry–academia partnerships in Kenya

Sierra Leone Telegraph: 13 October 2026: The Principal Secretary for ICT and the Digital Economy, Eng. John Kipchumba Tanui, CBS, has called for stronger partnerships between industry and academia to equip Kenya’s youth with practical, market-relevant skills that respond to the demands of a rapidly evolving economy.

Source: The Sierra Leone Telegraph
Companies

Kenyan parliamentary leaders back Dangote’s Lamu refinery, pledge support for IPO

Kenyan parliamentary leaders have thrown their weight behind the Dangote East Africa Petroleum Refinery and Petrochemicals project in Lamu and pledged support for the Dangote Petroleum Refinery and Petrochemicals initial public offering (IPO), a release by the Dangote Group disclosed on Monday.

Source: Nairametrics
Companies

Kenya seeks power to take over failing payment firms under new bill

Kenya’s central bank wants the power to take control of struggling payment companies and sell their businesses, in a proposed

Source: BusinessDay
Policy & Geopolitics

I&M Bank wins Sh713m tax fight with KRA over bad debts

The disputed tax comprised Sh393.9 million in principal, Sh19 million in penalties and Sh299.4 million in interest.

Source: Business Daily Africa
Policy & Geopolitics

Tribunal faults KRA’s Sh972m tax assessment against Kuscco

The dispute covers corporation tax, withholding tax, value-added tax, and pay-as-you-earn (PAYE) for 2019 to 2022.

Source: Business Daily Africa
Markets

How investors will buy and trade Dangote shares through NSE

'In the case of the Dangote IPO, investors in Kenya will acquire the receipts representing the underlying shares approved and listed in the Nigerian Stock Exchange (NGX).'

Source: Business Daily Africa
Policy & Geopolitics

Debt repayments gobble up 80pc of tax revenue

Interest payments will account for the biggest share of the burden.

Source: Business Daily Africa
Markets

Kenya’s Shilling illusion and a currency on tight leash

Kenya’s shilling has become a curiosity of frontier finance. For sixteen months, it has traded in a band so narrow

Source: BusinessDay
Economy

Kenya expects budget deficit to rise to 5.9% of GDP in 2027/28

Source: Investing.com
Companies

Syokimau developer loses bid block estate takeover in Sh1.3bn debt row

The dispute centres on a parcel of land in Syokima registered to Loneview Developers and charged to Co-op Bank for Sh1 billion.

Source: Business Daily Africa
Companies

Kenyan investors face refunds if Dangote Refinery IPO misses key threshold

Kenyan investors can now participate in the Dangote Petroleum Refinery Initial Public Offering (IPO) through a KES 39 billion Global Depository Receipt (GDR) offer, but the transaction will only proceed if it meets strict subscription and regulatory conditions.

Source: Nairametrics
Companies

Kenya: The Researchers Building Kenya's Cotton Industry From The Seed Up

[Bird Story Agency] At Kirinyaga University, researchers are testing whether Kenya can produce quality Bt cotton seed locally. The trials could help improve supply and lower costs, but taking the research to farmers will require commercial investment and support across the cotton value chain.

Source: AllAfrica
Markets

CBK fines slapped on banks, forex bureaus now hit Sh93 million

Latest CBK disclosures show that penalties rose from Sh59 million a year earlier, although they remained below the Sh191 million recorded in 2024.

Source: Business Daily Africa
See Kenya on the globe, compare it with other countries and follow it for free.

Open Kenya on NewsNetWide

All countries →