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Originally published by Kenyanstop
January 7, 2026
1d ago
Hope Returns as Kenya’s Economy Records Economic Growth
Yet, Kenya's debt burden looms large at Ksh11.6 trillion, with President Ruto's administration betting on the National Infrastructure Fund (NIF) and Sovereign Wealth Fund (SWF) to generate capital to finance development...
✨ Key Highlights
Kenya's economy expanded by 4.9 per cent in the third quarter of 2025, according to a Kenya National Bureau of Statistics (KNBS) report released on Tuesday, January 7, 2025. Despite this growth, many households are still struggling with rising prices and slower agricultural growth, highlighting a "two-speed economy."
- The economy expanded 4.9 per cent, up from 4.2 per cent the previous year, driven by strong performance in construction (6.7 per cent growth), mining (16.6 per cent surge), and tourism, which saw accommodation and food services expand by 17.7 per cent.
- The current account deficit widened significantly from Ksh43.5 billion to Ksh135.3 billion, and inflation climbed to 4.42 per cent, largely due to food and non-alcoholic beverages.
- The Central Bank of Kenya cut its benchmark interest rate to 9.5 per cent from 12.75 per cent to stimulate lending, while Kenya's debt burden stands at Ksh11.6 trillion.
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