Kenya’s fiscal deficit narrowed to 4.8% of GDP in the 2023/24 financial year, down from 6.2% the previous year, due …
Region: Nairobi
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Economy & Business
Kenya’s Public Debt-to-GDP Ratio Falls to 68% in FY2023/24
by KenyaPollsby KenyaPollsKenya’s public debt-to-GDP ratio declined to 68% in the 2023/24 financial year, down from 71% in 2022/23, due to higher …
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Economy & Business
Kenya’s Public Procurement Portal Achieves 98% Digital Tender Coverage
by KenyaPollsby KenyaPollsThe Integrated Financial Management Information System (IFMIS) e-Procurement Portal now processes 98% of all public tenders in Kenya, up from …
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Economy & Business
Kenya’s Public Procurement Portal Saves Ksh22 Billion in FY2023/24
by KenyaPollsby KenyaPollsThe Integrated Financial Management Information System (IFMIS) e-Procurement Portal saved Kenyan public entities Ksh22 billion in the 2023/24 financial year …
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Economy & Business
Kenya’s Public Procurement Portal Saves Ksh22 Billion in FY2023/24
by KenyaPollsby KenyaPollsThe Integrated Financial Management Information System (IFMIS) e-Procurement Portal saved Kenyan public entities Ksh22 billion in the 2023/24 financial year …
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Economy & Business
Kenya’s Smart Meters to Cut Power Losses to 10% by 2026
by KenyaPollsby KenyaPollsKenya Power is deploying 3 million smart meters nationwide by 2026 to reduce technical and commercial losses from 14% to …
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Economy & Business
Kenya’s Smart Meters to Cut Power Losses to 10% by 2026
by KenyaPollsby KenyaPollsKenya Power is deploying 3 million smart meters nationwide by 2026 to reduce technical and commercial losses from 14% to …
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Economy & Business
Kenya’s First Green Bond Listed on Nairobi Securities Exchange
by KenyaPollsby KenyaPollsKenya’s inaugural green bond—the Ksh25 billion sovereign issue—has been listed on the Nairobi Securities Exchange (NSE), opening trading to retail …
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Economy & Business
Kenya’s First Green Bond Listed on NSE Attracts Ksh8 Billion in Retail Investment
by KenyaPollsby KenyaPollsKenya’s inaugural sovereign green bond—the Ksh25 billion issue—has attracted Ksh8 billion in retail investment since its listing on the Nairobi …
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Economy & Business
Kenya’s Central Bank Launches Digital Kwacha Sandbox for CBDC Testing
by KenyaPollsby KenyaPollsThe Central Bank of Kenya has launched a regulatory sandbox to test a Central Bank Digital Currency (CBDC), dubbed Digital …