The World Bank says the delay in drastic cuts to MTR has seen Kenya lag behind other countries, including Tanzania, which has ...

World Bank reveals debt servicing now consumes more than a third of government revenue, crowding out critical development spending.

Treasury officials have argued that there is usually little room to cut the recurrent votes on items such as wages and ...

The Kenyan government could save billions of shillings by reducing excessive travel allowances paid to civil servants, the World Bank has said in its latest Public Finance Review. The report argues ...

Many salaried Kenyans could see the amount of taxes they pay significantly go up if the government adopts proposals made by the World Bank. In the proposals-which the World Bank said could make ...

The World Bank says high market concentration and regulatory inaction in Kenya’s telecommunications sector have made mobile data prices high compared to regional peers.The multilateral lender points ...

World Bank has approved Sh5.25 billion to support Kenya National Bureau of Statistics (KNBS) to generate better and more accessible data. The Kenya Statistics Program-for-Results will support Kenya to ...

Kenya head of debt management on Wednesday said Kenya has secured a 200 million dollars loan from the African Development Bank and is in talks with the World Bank for a new 750 million dollars loan.

The World Bank today approved a $250 million International Bank for Reconstruction and Development (IBRD) loan to enhance access to affordable housing finance for Kenyans who are unable to access long ...

Kenya's central bank reduced its benchmark lending rate by 25 basis points to 9.0% on Tuesday, saying there was scope for ...

NAIROBI, Dec 3 (Reuters) - Kenya's private sector activity expanded for the third consecutive month in November to stand at a ...