Hereward Holland

2 weeks ago | zawya.com | Hereward Holland |George Obulutsa

NAIROBI - Kenya is on a trajectory of sustained economic growth but also faces potential risks from global trade sanctions, market volatility and extreme weather conditions, its finance minister said on Thursday. The economy is projected to grow by 5.3% in both 2025 and 2026, John Mbadi told parliament while presenting his budget for the 2025/26 fiscal year. "This growth is premised on a stable macroeconomic environment over the medium term," he said.

2 weeks ago | timeslive.co.za | Monicah Mwangi |Hereward Holland

13 June 2025 - 06:50 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Mass protests last year forced Kenya's President William Ruto to withdraw $2.7bn in proposed tax hikes and abandon plans to reduce this year's fiscal deficit to 3.5%. File photo.

2 weeks ago | marketscreener.com | Crispian Balmer |Parisa Hafezi |Hereward Holland

Published on 06/12/2025 at 22:21, updated on 06/13/2025 at 00:46JERUSALEM/DUBAI/WASHINGTON (Reuters) -Israel launched widescale strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories and military commanders and that this was start of a prolonged operation to prevent Tehran from building an atomic weapon.

2 weeks ago | reuters.com | Hereward Holland

Kenya's fiscal deficit remains a significant challengeFinance minister says Kenyans 'cannot bear more tax'But critics accuse government of raising indirect taxesIMF programme crucial for Kenya's financial stabilityNAIROBI, June 12 (Reuters) - Kenya's finance minister will present a budget on Thursday aimed at boosting revenues to service debt while avoiding tax measures that triggered the kind of deadly protests that rocked East Africa's biggest economy last year.

2 weeks ago | uk.marketscreener.com | Hereward Holland |George Obulutsa

Published on 12/06/2025 at 05:02, updated on 12/06/2025 at 15:00NAIROBI (Reuters) -Kenya's finance minister said on Thursday that the country was on a sustained economic growth trajectory but warned of potential risks from global trade sanctions, market volatility, and extreme weather conditions. The economy is projected to grow by 5.3% in both 2025 and 2026, Finance Minister John Mbadi told parliament while presenting the budget for the 2025/26 fiscal year.