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Kenya's GDP growth slows to 5.3% year-on-year in Q1 2023

Ethiopian Airlines earnings jump 20% in 2022/2023 fiscal year 😀

Reuters June 15, 2023 Ethiopian Airlines earnings jumped 20% to $6.1 bln in the 2022/2023 fiscal year, despite the impact of Russian-Ukraine war and the increase in fuel prices, the country's state news agency reported on Thursday. The airline transported 13.7 million passengers and 723,000 tons of cargo in the fiscal year, which ends on

Kenya cuts budget deficit for the next fiscal year to 4.4%

Kenya's finance minister on Thursday said the government will pay all debts when they fall due, and cut the budget deficit for the fiscal year starting next month to 4.4% from an estimated 5.8% in this financial year.

More than a dozen Kenyan opposition lawmakers walk out of budget speech

The opposition has rejected a raft of tax hikes proposed by President William Ruto's government

Kenya finance minister vows to pay all due debts, cuts deficit

Njuguna Ndung'u said the global shocks had increased the risks associated with debt