Business & Economy6 stories from 2 sources
Kenyan Members of Parliament have approved the 2026/2027 Budget Policy Statement, a framework allowing for total government spending of Sh4.7 trillion. This sets spending priorities and directs fiscal allocations for the upcoming financial year. Separately, the National Treasury's cost of emergency borrowing from the Central Bank of Kenya fell by 55% in the six months ending December 2025, reflecting early impacts of implemented reforms and eased interest rates. Meanwhile, MPs have revised the government's plan to sell a portion of its stake in Safaricom PLC, introducing enhanced protections for employees and business partners in the multibillion-shilling transaction.