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Economy

Growth, inflation, trade and the public finances.

42 stories15 Apr 2025 — 11 Jul 2025

Trump Tariffs Could Deepen Kenya’s Cost of Living Crisis

Kenya is staring at a potential economic jolt as the Trump-era tariff regime makes a dramatic comeback. New U.S. trade barriers—particularly on imports from Africa—could squeeze Kenya’s already burdened economy, driving up the cost of living and stifling…

2 min

Jimi Wanjigi Sounds Fiscal Alarm as Kenya Teeters on Debt Cliff

Businessman Jimi Wanjigi has issued a stark warning over Kenya’s ballooning public debt, declaring that the country is “on financial life support” due to years of reckless borrowing and systemic mismanagement by successive regimes. Speaking at a charged Bunge…

2 min

Audit Uncovers Sh13 Billion Mystery in County Pending Bills

An audit by the Auditor-General has exposed a troubling financial anomaly across 15 Kenyan counties, where over 15,000 supplier payments worth a staggering KSh13.26 billion were abruptly canceled during the 2023/2024 financial year — despite prior approvals…

2 min

Suspect Detained in Sh49 mn JamboPay Cyber Heist

Police have detained a suspect in connection with the hacking of JamboPay, a major digital payment platform in Kenya, that led to the illegal transfer of approximately Sh49 million to multiple M-Pesa wallets and bank accounts. The Directorate of Criminal…

1 min

Security Threats Derail Kenya’s $25 Billion Lamu Port Dream

Kenya’s grand plan to transform its coastal town of Lamu into a major Indian Ocean trade gateway has hit a wall — and it’s not just concrete. Persistent and deadly attacks by al-Shabaab, an Islamist extremist group linked to al-Qaeda, have severely disrupted…

1 min

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