Search results

Kenya bank woes belie strong 2016 growth prospects

Location:

KENYA

However, Kenya's wider economic prospects are buoyant, underlined by the IMF's robust 6.0% GDP growth forecast for 2016 and 6.1% in 2017.

Kenya development outlook shifts to the private sector

Location:

KENYA

Kenya budgetary and fiscal outlook.

Kenyan infrastructure gains will mask slippage risks

Location:

KENYA

Kenyan fiscal pressures.

Kenya's new banking law may spur consolidation

Location:

KENYA

Concerns over the implications of a new Banking Amendment Act on the sector's profitability have precipitated falls in Kenyan banking stocks. Nevertheless, improved lender…

Pan-African auto plans faces structural hurdles

Location:

AFRICA

However, despite some progress, these ambitions face serious obstacles.

Kenya tax bill may prove an unpopular compromise

Location:

KENYA

With an ambitious development agenda to fund amid mounting debt, and under pressure from the IMF to rationalise revenues, the government aims to increase fiscal space with a set…

Partial reforms may delay Kenyan credit recovery

Location:

KENYA

The bill would also introduce sweeping consumer protection measures to prevent high-interest loans but takes no steps to repeal or modify interest rate caps imposed in 2016 as a…

Kenya’s Hustler Fund may survive early challenges

Location:

KENYA

The fund is an ambitious, complex and unorthodox approach to boosting financial inclusion and providing credit to citizens and small businesses, but it is not uncontroversial.

Kenyan MPs will assert legislative independence

Location:

KENYA

The bill received cross-party support in parliament, illustrating its independence from the executive, which opposes the bill. The relationship between the executive and…

African telecoms markets will undergo transformation

Location:

AFRICA

More than 25 million Kenyans use mobile money, with around 16 million transactions a day worth 36 billion dollars last year. Governments across Sub-Saharan Africa (SSA) are…