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NCBA Group Ties Kenya’s Economic Outlook at 5.1% in 2024
A turnaround of fortunes in agricultural output, particularly in the first quarter of 2023, and resilience in services have been the main drivers of the anticipated 4.9% GDP growth rate for 2023.
In contrast, the Central Bank of Kenya (CBK) projects that the economy would expand by 5.5% in 2023 and about 6.0% in 2024.
Speaking is John Gachora - NCBA Group Managing Director and Chief Executive of Officer
22 Nov 2024
- The number of vehicle imports in Kenya has drastically dropped by 15 per cent amid tough economic times that have pushed Kenyans to the brink of despair.
22 Nov 2024
- Five people have died on the spot and several seriously injured in an accident involving a lorry and two vehicles at Kibirigwi area along Sagana-Karatina Road in Ndia, Kirinyaga County.
22 Nov 2024
- In those notes, Sagar Adani, nephew of the Indian conglomerate's billionaire founder Gautam Adani, noted the amount of the bribe he offered, which government official had been offered the money and how much solar power the official's region would buy in…
22 Nov 2024
- A Kirinyaga Court has granted bond to the owner of the bar where 17 people died after consuming illicit brew at Kangai and Mutithi villages in Mwea-West Sub-County.
22 Nov 2024
- The Director of Public Prosecutions (DPP) has secured a conviction against controversial businesswoman Joyce Akinyi and two accomplices in a high-profile drug trafficking case, prosecuted at the Jomo Kenyatta International Airport (JKIA) courts.
22 Nov 2024
- In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called, the single largest solar development bid ever awarded: an agreement to supply 8 gigawatts of electricity to a state-owned power company.
22 Nov 2024
- Kenya has joined a prestigious group of nations at the inaugural convening of the International Network of AI Safety Institutes being held in San Francisco. Represented by Special Envoy for Technology Amb. Philip Thigo, the ground-breaking global…
