News
CBK forex reserves hit Sh1.82t as Kenya braces for Iran war fallout
5+ hour, 24+ min ago (88+ words) CBK forex reserves hit Sh1.82t as Kenya braces for Iran war fallout'standardmedia.co.ke CBK forex reserves hit Sh1.82t as Kenya braces for Iran war fallout Kenya's forex reserves hit a record high as global oil shocks loom. [File Courtesy] The Central…...
Pension assets in fixed deposits drop 11pc on low interest rates
1+ week, 6+ day ago (145+ words) Pension assets in fixed deposits drop 11pc on low interest rates'standardmedia.co.ke Pension assets in fixed deposits drop 11pc on low interest rates Pension investments in fixed deposits declined by 11.7 per cent in the six months to December 2025 following the Central…...
Egypt raises fuel prices by up to 30 per cent
2+ week, 5+ day ago (176+ words) Egypt raised domestic fuel prices by up to 30 percent on Tuesday, blaming "exceptional" global energy pressures caused by the Middle East war, which has disrupted oil supplies and shipping routes. In a statement, the ministry said the adjustments were driven…...
Central Bank warns Middle East conflict could reignite inflation
2+ week, 5+ day ago (141+ words) Central Bank warns Middle East conflict could reignite inflation'standardmedia.co.ke Central Bank warns Middle East conflict could reignite inflation The banking regulator has warned that rising tensions in the Middle East could push inflation up again and make it…...
China targets steady growth as it charts new economic course
3+ week, 13+ hour ago (463+ words) China has set its lowest economic growth target in 35 years, aiming for between 4.5 and 5 per cent GDP expansion in 2026. According to China Daily, the target was unveiled on March 5 in the Government Work Report delivered by Premier Li Qiang to…...
Mini-budget tests IMF austerity demands as State spending soars
3+ week, 2+ day ago (102+ words) Mini-budget tests IMF austerity demands as State spending soars'standardmedia.co.ke Mini-budget tests IMF austerity demands as State spending soars Treasury CS John Mbadi before the Joint Committee of Energy of the Senate and National Assembly at Hilton Garden Inn…...
IMF lifts 2026 global growth forecast but flags AI, trade risks
2+ mon, 1+ week ago (723+ words) The International Monetary Fund (IMF) upgraded its 2026 global growth forecast Monday, citing a boost from tech investments but warning that a reevaluation of AI productivity gains or renewed trade tensions could bring disruptions. World economic growth is projected to hold…...
IMF flags Sh175b fuel levy plan over debt, transparency risks
8+ mon, 13+ hour ago (418+ words) National Treasury Cabinet Secretary John Mbadi says the government has already raised over Sh60 billion from the fuel levy. [File, Standard] The International Monetary Fund (IMF) has raised ......
From lagging incomes to soaring debts, Ruto's Sh4.73tr budget hits harsh reality
1+ mon, 2+ week ago (120+ words) From lagging incomes to soaring debts, Ruto's Sh4.73tr budget hits harsh reality'standardmedia.co.ke From lagging incomes to soaring debts, Ruto's Sh4.73tr budget hits harsh reality The National Treasury has unveiled a record Sh4.73 trillion budget proposal for the 2026/27 financial year, but the…...
Listed agricultural firm inks deal to expand exports to UAE
1+ mon, 2+ week ago (219+ words) Ahadi Kenya CEO Stanley Kamau watches as Mofarm Fresh Fruits Exporters Director Elijah Njoroge explains how to package avocado for export. [File, Standard] Africa Mega Agricultural Corp, formally Kenya Orchards Ltd has finalised an agreement at Gulfood Dubai to onboard…...