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The national carrier has issued a stark profit warning, forecasting 2025 earnings to plummet by at least 25% after a crippling shortage of aircraft parts has left a third of its long-haul fleet on the tarmac.
The world's largest online betting company, owner of Paddy Power and Betfair, forecasts a severe profit hit from the UK's new gambling duties, a move that contrasts sharply with Kenya's recent tax cuts for the sector.
A premature release of Britain's sensitive economic data prompts a high-level cybersecurity investigation, raising urgent questions for Kenya on the integrity of fiscal institutions and the security of government data.
The Central Bank of Kenya is tapping the domestic market to raise Ksh40 billion for budgetary support, offering investors two long-term bonds amidst a broader strategy of increased local borrowing to manage public debt.
A damning new report by Oxfam reveals the stark reality of Kenya's economic disparity, where a tiny elite's wealth eclipses that of 77% of the population, intensifying calls for urgent fiscal and social policy reforms.
