Debt crisis,Kenya debt burden Stories
Prime Cabinet Secretary Musalia Mudavadi signed the deal on behalf of Kenya, while Mr Atsuo Kuroda, Chairman and CEO of Nippon Export and Investment I...
The government has authorised Chemelil, Muhoroni, Sony, and Nzoia sugar firms to issue redundancy notices as they hand over factories and land to new...
The Treasury has insisted that KETRACO must first settle a Sh9.2 billion arbitral award owed to a Spanish contractor before any funds can be allocated...
Speaking at the devolution conference in Homa Bay, Mbadi said the surge in pension debt owed by counties, which has increased from Sh23.3 billion to o...
The audit covering 42 universities found that Sh10.96 billion of the debt is long-term, while Sh68.4 billion represents current liabilities.
MPs expressed concern that public participation on the plan has not been adequately conducted, leaving many Kenyans unaware of the potential implicati...
Moody’s however warns that heavy reliance on domestic financing will keep debt affordability weak on rising rates despite improved domestic market con...
President William Ruto, who presided over the bell-ringing ceremony at the NSE on Wednesday, hailed the listing as a step towards reducing pressure on...
President William Ruto hailed the listing as a turning point in the country’s strategy to mobilise domestic capital for transformative projects while...
Overall, Kenya led activity in East Africa, accounting for 63 per cent of all transactions, surpassing the combined totals of Tanzania (26 per cent) a...
The administrators of NHIF’s outsourced e-claims system refused to grant auditors access to log files, key records that could confirm whether medical...
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...
The current strategies and approaches used in promoting digital finance with a focus on savings are being shadowed by gaps in the borrowing space, sig...
Kenya was listed among countries that spend at least 6.5 per cent of export revenues to repay external public debt.
The petition seeks to hold President Uhuru and key officials in his administration legally liable for the Sh4.6 trillion debt accumulated between the...
The latest figures by the Kenya National Bureau of Statistics (KNBS) show the country’s current account balance widened by 58 per cent, rising to Sh66...
The African Economic Outlook Kenya Country Focus Report, released in Nairobi, outlines how mismanagement, tax exemptions and weak oversight are reduci...
The Ethics and Anti-Corruption Commission (EACC) has unearthed internal fraud schemes involving ghost services and unauthorized system access.
According to documents submitted by the National Treasury, the Kenya Revenue Authority had collected Sh2.26 trillion by the end of April 2025, falling...
The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish...
Senators, particularly, flagged Tharaka Nithi and Garissa counties, where long-overdue bills remain unsettled, despite repeated calls for accountabili...
According to Justice Bahati Mwamuye, the petition filed by Busia Senator Okiya Omtatah raises substantial questions of law.
MPs are dissatisfied with the explanation that the loan had been novated under provisions of the Public Finance Management Act.
Pension obligations are part of non-discretionary government spending that must be settled without delay, but Treasury cash flow issues have continued...
National Treasury is now banking on the older law and the reactivated Privatisation Commission to raise Sh149 billion in the 2025/26 financial year.
Kenya’s rollout of the system comes amid growing pressure for better public scrutiny of national debt, with many questioning the high cost of loans an...
According to data from the National Treasury, Sh851.42 billion of this amount will go toward domestic debt repayment, while Sh246.26 billion will be u...
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...
