infrastructure bonds Stories
According to President William Ruto, the initiative will help the government tackle funding gaps that have stalled critical development projects.
According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...
While 134 constitutions worldwide explicitly prohibit slavery, the ILO notes that far fewer contain direct bans on forced labour.
The IMF provides the financing on an unsecured basis. It tries to ensure that it will be repaid by making the financing subject to policy conditions,...
The five-year Sh7.1 billion initiative was designed to fill financing gaps in the MSME sector, gaps that widened during the Covid-19 pandemic.
CS Davis Chirchir explained that the State Department for Roads allocated Sh7 billion from the Road Maintenance Levy Fund (RMLF) in February 2025 to a...
Treasury Cabinet Secretary John Mbadi said the government is seeking a cheaper facility to replace the existing loan and extend repayment terms.
Anticipatory bail is a legal safeguard that allows a person to seek protection from arrest before they are formally charged or taken into custody.
On July 7, Nairobi’s Central Business District was effectively closed as police blocked major roads to prevent thousands of youth from gathering for t...
The bond scheme, set to take effect on August 20, requires applicants from the two southern African nations to deposit between $5,000 (Sh644,424) and...
The new instrument, known as the EACBond, replaces the need for multiple national customs bonds when transporting goods across member states, streamli...
PS Njogu committed to providing a county-by-county breakdown of the overseas job placements.
Reports indicate that over 200 people have been injured and more than 1,200 arrested during the demonstrations, which were marked by widespread vandal...
Mwangi, a prominent activist known for his outspoken advocacy on social justice, has denied any wrongdoing and described the charges as politically mo...
Ndemo said bail and bond decisions are not made arbitrarily, but are instead guided by judicial policy and the discretion of magistrates and judges, w...
World Bank Country Director for Kenya, Qimiao Fan, emphasised that the sustainability of Kenya’s debt should not be judged only by the current numbers...
Recent developments show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relativ...
According to Justice Bahati Mwamuye, the petition filed by Busia Senator Okiya Omtatah raises substantial questions of law.
The Bank’s successful entry into China’s Interbank Bond Market followed rigorous regulatory and approval processes for Panda bond issuances.
Opening the rating committee to public view signals a shift in financial power, aiming not just for fairer ratings but for a more just model of global...
African bonds are substantially mispriced, resulting in excessively high yields that are not justified by fundamentals, based on economic, fiscal and...
Treasury officials highlighted the 64 per cent participation rate in the tender and the upsized bond issue as signs of growing confidence in Kenya’s e...
This decision, made official through a Gazette Notice dated April 11, aligns with Kenya's broader aim of deepening international trade ties.
According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.
The newly licensed institutions include CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both designated as investment banks.
Infrastructure Bonds, which were introduced in February 2009, are exempt from withholding tax—unlike other bonds that attract a tax of 10 per cent for...
CS Mbadi said the proceeds from this bond will be used to refinance existing external debt, including a planned buyback of a US$900 million (Sh116.3 b...
This marks the second time the Treasury has undertaken a Eurobond buyback. The first occurred in February 2024, when the government repurchased a $1.4...
If Kenya meets its sustainability targets, the cost of repaying the bond remains lower, while failure to do so could result in higher coupon payments.
The IMF said on Wednesday that it would analyse the report and initiate consultations with authorities to address issues raised.
