Category: Kenya
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The Kenya Shilling stability continues, maintaining a steady exchange rate amid robust foreign exchange reserves and increasing remittances in early 2025.
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Petrol prices in Kenya remain unchanged despite rising global costs. EPRA’s decision offers temporary relief, but future price hikes may be inevitable.
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Motorists should anticipate traffic disruption at Juja Highpoint due to footbridge construction. Plan to avoid delays on Thika Superhighway.
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KRA enforces new tax rules for charities, requiring compliance by June 2025. Non-compliance may lead to revocation of tax exemptions.
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Kenya’s agriculture sector faces rising prices but holds an optimistic outlook, with expected output growth, government support, and calls for better infrastructure.
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Treasury Bonds saw strong demand, with bids reaching Kshs. 193.89B. CBK accepted Kshs.130.8B, highlighting investor confidence in government securities.
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KBA’s 2024 survey shows rising banking satisfaction, greater digital adoption, and increased customer loyalty, but high fees and service issues persist.
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Kenyans face financial struggles but remain resilient, cutting expenses, seeking side hustles, and prioritizing savings for a stable future.
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CEOs remain optimistic about Kenya’s 2025 business growth, focusing on diversification and innovation despite concerns over taxation and high costs.
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Inflation Stabilizes Amid Economic Optimism in 2025: Inflation should stay low, boosting economic growth, private sector credit, and business confidence.