@BdAfrica

IMF tips Kenya economy to hit Sh10trn this year - 5 days ago, 12:13

Victor Juma

The size of Kenya’s economy is projected to reach the Sh10.1 trillion mark this year, the latest statistical estimates by the International Monetary Fund (IMF) have shown.

This will mark the largest absolute expansion in recent years, with the gross domestic product (GDP) estimated to rise by Sh1.1 trillion from Sh9 trillion in 2018.

In percentage terms, the growth this year is estimated at 5.83 percent, a slight decrease from 5.95 percent last year.

If the IMF projections hold out, Kenya’s economy could grow to Sh15.7 trillion in 2023.

The country expects to start commercial oil exports in 2022, a move that is expected to boost the GDP considerably.

A larger economy, coupled with strong growth in the coming years, means better prospects for expansion of jobs, labour earnings, investment opportunities and delivery of social services by the government.

Analysts say the government needs to entrench macroeconomic stability to maintain the growth momentum.

“We need ...
Read More


Category: business news opinion markets lifestyle corporate economy topnews

Item ID: cba397c5-44e3-49ad-bacb-58cba991f7d3

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 2.394
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 2.394
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 2.408
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 2.408
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 2.408
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 2.408
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 2.408
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.09
  2. calculatedNewsPriority: 2.473
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

compoundTime
  1. timeLastCalculatedUpdate: Apr 15, 2019 12:13:13 PM
  2. timeModifiedAsFromUser: Apr 15, 2019 9:00:19 AM
  3. timeCreatedAsFromServer: Apr 15, 2019 12:13:13 PM
  4. timeUpdatedAsFromUser: Apr 15, 2019 12:15:31 PM
  5. timeCreatedAsFromUser: Apr 15, 2019 8:52:17 AM
  6. timeUpdatedAsFromServer: Apr 15, 2019 9:56:19 PM
  7. timeModifiedAsFromServer: Apr 15, 2019 12:12:47 PM

Suggested

11 hours ago, 00:19
Firm lends vehicles to CRB listed clients

Companies and financial institutions can have you listed for not paying your loans, settling your store account, credit card, or other debt in good time. And even if you manage to clear up all of your ...

Category: topnews news business

Item ID: 7d14c7dc-3375-455e-843d-929b9088af08

kadiNewsItemCategoryList
  1. newsPriority: 0.046
  2. calculatedNewsPriority: 0.213
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.046
  2. calculatedNewsPriority: 0.213
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.18
  3. description: View the latest and breaking Business News
  4. parsedURL: https://www.standardmedia.co.ke/business
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 12:08:06 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 12:08:06 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 12:09:21 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 12:07:37 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 12:18:08 AM
11 hours ago, 00:07
Boeing 737 MAX joint governmental review will begin April 29 -FA

The US Federal Aviation Administration (FAA) has said that a joint governmental review of the now grounded Boeing 737 MAX will begin on April 29 and will include nine other global aviation regulators. ...

Category: business topnews news

Item ID: 9ce9a8ce-19e7-43aa-bd4b-10038881bdc4

kadiNewsItemCategoryList
  1. newsPriority: 0.014
  2. calculatedNewsPriority: 0.181
  3. description: View the latest and breaking Business News
  4. parsedURL: https://www.standardmedia.co.ke/business
  5. name: business
  6. title: Business News

  1. newsPriority: 0.047
  2. calculatedNewsPriority: 0.214
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.047
  2. calculatedNewsPriority: 0.214
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 12:07:47 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 12:07:47 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 12:09:21 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 12:07:11 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 12:09:21 AM
11 hours ago, 00:07
KCB offer to buy National Bank welcome

The offer by KCB to take over National Bank of Kenya (NBK) is good news for the banking industry. For long, NBK has suffered under bad debts and scandals that have left its financial state in tatters. ...

Category: topnews news business

Item ID: cbf58be1-7eb3-45bd-b26f-57a8d4d720df

kadiNewsItemCategoryList
  1. newsPriority: 0.044
  2. calculatedNewsPriority: 0.211
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.044
  2. calculatedNewsPriority: 0.211
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.039
  2. calculatedNewsPriority: 0.206
  3. description: View the latest and breaking Business News
  4. parsedURL: https://www.standardmedia.co.ke/business
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 12:07:43 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 12:07:43 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 12:09:21 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 12:06:59 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 12:17:48 AM
11 hours ago, 00:08
Will revolutionary artificial intelligence kill growth in developing world?

I have spent my career in international development, and in recent years have established a research group at Oxford University looking at the impact of disruptive technologies on developing ...

Category: business topnews news

Item ID: b09eae5f-0663-4a31-9b05-a2f7e6f022fa

kadiNewsItemCategoryList
  1. newsPriority: 0.04
  2. calculatedNewsPriority: 0.207
  3. description: View the latest and breaking Business News
  4. parsedURL: https://www.standardmedia.co.ke/business
  5. name: business
  6. title: Business News

  1. newsPriority: 0.076
  2. calculatedNewsPriority: 0.243
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.076
  2. calculatedNewsPriority: 0.243
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Apr 21, 2019 12:08:04 AM
  2. timeCreatedAsFromServer: Apr 21, 2019 12:08:04 AM
  3. timeUpdatedAsFromUser: Apr 21, 2019 12:09:21 AM
  4. timeCreatedAsFromUser: Apr 21, 2019 12:07:33 AM
  5. timeUpdatedAsFromServer: Apr 21, 2019 12:09:21 AM
18 hours ago, 17:31
NMG shareholders to earn $9.42m after $10m profit

Nation Media Group shareholders are set to earn Ksh942.7 million ($9.427 million) after the company declared a dividend of Ksh5 ($0.05) per share for the year ended December 31, 2018. The group ...

Category: topnews news business

Item ID: bfb3f7dc-7b3d-4d3e-99fa-d94f9ab23d51

kadiNewsItemCategoryList
  1. newsPriority: 0.045
  2. calculatedNewsPriority: 0.328
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.theeastafrican.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.295
  3. description: View the latest and breaking News
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.295
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Apr 20, 2019 5:31:36 PM
  2. timeModifiedAsFromUser: Apr 20, 2019 2:20:55 PM
  3. timeCreatedAsFromServer: Apr 20, 2019 5:31:36 PM
  4. timeUpdatedAsFromUser: Apr 20, 2019 5:49:31 PM
  5. timeCreatedAsFromUser: Apr 20, 2019 2:20:55 PM
  6. timeUpdatedAsFromServer: Apr 20, 2019 5:49:31 PM
  7. timeModifiedAsFromServer: Apr 20, 2019 5:31:36 PM
20 hours ago, 15:30
Is Tanzania back in bed with Bretton-Woods institutions?

Tanzania seems to have restored relations with the top international lenders, with the World Bank endorsing $1.7 billion to fund various projects in the 2019/20 financial year. Comprising mainly ...

Category: topnews news business

Item ID: 0a94da47-84b0-4e35-9ec4-ebccd9b1ad02

kadiNewsItemCategoryList
  1. newsPriority: 0.018
  2. calculatedNewsPriority: 0.335
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.theeastafrican.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.318
  3. description: View the latest and breaking News
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.318
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Apr 20, 2019 3:30:19 PM
  2. timeModifiedAsFromUser: Apr 20, 2019 12:21:17 PM
  3. timeCreatedAsFromServer: Apr 20, 2019 3:30:19 PM
  4. timeUpdatedAsFromUser: Apr 20, 2019 3:31:49 PM
  5. timeCreatedAsFromUser: Apr 20, 2019 12:21:17 PM
  6. timeUpdatedAsFromServer: Apr 20, 2019 3:47:39 PM
  7. timeModifiedAsFromServer: Apr 20, 2019 3:30:19 PM