Category: Kenya
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Financial struggles hit Kenya’s counties, with rising debt, low revenue, and mismanagement affecting service delivery and economic growth.
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Kenya faces rising debt distress as public debt surpasses key benchmarks. The government plans fiscal reforms to ease debt pressures and ensure sustainability.
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Kenya’s development spending fell short in FY 2023/24, raising concerns. Future projections aim for 32.6%, but budget execution remains a challenge.
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The Hustler Fund has disbursed Ksh 60B, benefiting millions, boosting SMEs, empowering women, and fostering financial inclusion in Kenya.
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Men dominate Hustler Fund borrowing, with only 8.8 million out of 24.6 million borrowers being women, highlighting a gender gap in financial access.
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Hustler Fund: Credit for millions. 30% return powers SMEs, inclusion, Kenya’s economy.
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President Ruto welcomes the MV Norwegian Dawn to Mombasa, boosting Kenya’s cruise tourism and showcasing his vision for growing the country’s tourism industry.
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Kenyan businesses are opting for smaller shops to cut costs and boost accessibility, reshaping the retail landscape with strategic, community-based outlets.
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Thanks to the swift containment of the JKIA fire, flights, passenger services, and cargo handling continued without interruption.
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Kenyans prefer in-office work as demand for office spaces remains strong despite global remote trends, with stable rents and a shift towards sustainable buildings.