# Unpacking Kenya's Economic Update

An episode of [The Mwango Capital Podcast](https://invisiblenetwork.ai/podcast/1583367792), 7 Jan 2026, 56 min.

Audio: https://api.substack.com/feed/podcast/183477578/2ceea882486999ff154f14a6b92924e6.mp3

In this episode recorded on December 2, 2025, and hosted by Ramah Nyang, we host economists from the World Bank to unpack the latest Kenya Economic Update.Guests:—Ryan Kuo - Economist, World Bank—Jorge Tudela Pye - Country Economist, World Bank. Subscribe to get notified when we make a new post. Show Notes 00:00:00 Introduction 00:03:00 Macroeconomic Developments and Outlook 00:05:40 Competition and Structural Reforms 00:09:32 Challenges in Tax Revenue and Fiscal Policy 00:16:19 SOEs and Market Competitiveness 00:24:50 Impact of Electricity Prices on Competitiveness 00:28:05 State Support, Governance, and Efficiency in SOEs 00:35:14 Telecommunication Sector Analysis 00:45:22 Macroeconomic Stability, Trade-offs, Challenges, and Solutions 00:52:33 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe

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