With more banks per head than other major African markets, Kenya is a world leader in mobile money technology. Opportunities beckon across East Africa and beyond, and capital can be raised swiftly to meet evolving regulatory requirements. Foreign banks still face stiff competition from home-grown contenders, but the scope for future growth...
The adoption of a new constitution on August 27, 2010 at Uhuru Park was the culmination of years of debate, consultation and compromise. While the content was the subject of intense dispute, the idea for a new constitution was one whose time had come.
Page 31 Kenya’s economic outlook for the years ahead looks robust, despite recent challenges such as a trade deficit and rising debt. Following 2014’s GDP rebasing, the country is now East Africa’s largest economy and boasts a prominent profile in the EAC. According to official forecasts, growth is expected to be around 6.5-7% in 2015 and to...
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