Kenya land debt forgiveness Stories
Cabinet scraps interest and penalties on Sh12.3 billion in land loans, giving thousands of settlers a chance to secure title deeds, invest in agricult...
The AU says more than half of Africans now live in countries spending more on debt repayments than on social services, calling for urgent G20-led refo...
The move comes as part of ongoing efforts to revive the sugar industry and safeguard the livelihoods of thousands of workers and farmers across the su...
The Ethiopian Prime Minister credited his administration's Homegrown Economic Reform Programme, introduced in 2019, with restoring fiscal stability, b...
The audit reveals that numerous payments were made without proper documentation, while some land valuations were inflated, raising questions about gov...
CS Aden Duale stressed that clearing the NHIF debt is essential to restoring financial stability, ensuring uninterrupted health insurance coverage, an...
Maraga, who tore into President William Ruto's decision to sign eight Bills into laws, including the Privatisation Bill (2025), said national assets s...
With large debt-service payments looming in early 2026, the current cushion offers the government greater breathing room to plan repayments without pu...
The employees, from South Nyanza (Sony), Chemelil, Muhoroni, and Nzoia sugar companies, say discussions over their terminal benefits and other entitle...
The appeal comes as many developing nations struggle with high interest rates, currency depreciation, and worsening climate shocks — factors that have...
In its recent report, the Parliamentary Budget Office highlighted that while private sector credit has shown some gains, continued heavy borrowing by...
In its latest edition of Africa’s Pulse report, the lender reckoned that wage jobs and productive employment are scant in the region, as medium-sized...
He emphasised that there should be a clear distinction in government priorities, such as ending poverty, arguing that certain responsibilities, like p...
The report, tabled on October 7, 2025, shows the loans break down to Sh23.9 billion per month, Sh776.6 million per day, Sh539,321 per minute, and near...
The final details of the new IMF-funded program are expected to be announced following the conclusion of the talks on Thursday. The recently concluded...
Unlike external loans that face strict lender scrutiny, domestic borrowing remains largely unchecked, making it more prone to misuse.
Mbadi disclosed that in present value terms, the public debt amounts to 63.7 per cent of GDP, a level assessed as sustainable though accompanied by a...
According to President William Ruto, the initiative will help the government tackle funding gaps that have stalled critical development projects.
According to the report, the institutions used 62 per cent of their total Sh100 billion revenue on personnel emoluments, leaving little for developmen...
In a letter dated October 3, 2025, addressed to Labour Cabinet Secretary Alfred Mutua, Cotu Secretary-General Francis Atwoli said the union would not...
According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...
CS Duale noted that claims above Sh10 million will undergo verification by an independent committee before settlement to protect public funds.
Prof Fred Ogolla condemned government borrowing for consumption and prestige projects, which increase debt servicing costs and leave less funding for...
MPs sought to understand how GAA ensures that the information reaches the target audience across the country, even as the agency claimed it had saved...
MPs stressed the importance of complete documentation to ensure proper financial management and compliance with existing regulations.
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,...
In August, Thugge announced that Nairobi wants its next arrangement with the IMF to be a funded programme, which would provide direct financial resour...
TSA will enable daily, real-time monitoring of all government funds, reduce account fragmentation, and close gaps that previously allowed the misuse o...
While most counties struggle, Nairobi has managed to reduce its pending bills by Sh36.78 billion, bringing the total to Sh86.77 billion. Mombasa’s unp...
