commercial loans Stories

Treasury admits to Sh220 billion excess borrowing citing delays in foreign financing
Lucy Mumbi  |  Mar 10, 2025

Legislators questioned the Treasury’s commitment to reducing public debt and adhering to its own policies.

Treasury halts new funding for loan guarantee scheme for small traders
Lucy Mumbi  |  Jan 17, 2025

The suspension comes as the Treasury works on transitioning the scheme to a new public-private venture, the Kenya Credit Guarantee Scheme Company (KCG...

Counties turn to expensive loans to cover essential expenses amid Treasury delays
Maureen Kinyanjui  |  Dec 13, 2024

Governance experts are concerned that the borrowing, combined with the delays, could lead to serious financial strains on the county governments.

Kenya seeks Sh37.6 billion IMF funds cut citing lower financing pressures
Amina Wako  |  Nov 05, 2024

Kenya's successful Eurobond issuance in February, which enabled it buy back a significant portion of the 2024 Eurobond, is the driving force behind th...

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