All payments are centralised through the National Treasury, with ministries submitting invoices for international obligations.

State agencies in the Ministry of Roads and Transport are the largest contributors to the pending bills crisis, with debts totalling Sh173.7 billion.

The current public debt currently stands at 67 per cent of GDP, amounting to Sh10.79 trillion as of September 30, 2024, a sharp increase from Sh10.58...

The total exceeds the previous $93 billion International Development Association replenishment announced in December 2021.

Gathungu pointed out that her office was unable to obtain all the necessary documents to link the borrowed funds to specific projects.

The audit identified several IT control issues, including discrepancies between the closing balances reported in the Annual Debt Management Report and...

The mounting defaults are raising concerns about the sustainability of Kenya's public debt, which now stands at Sh10.6 trillion.

Compounding these issues, New KCC is also liable for Sh204 million it owes former employees who were laid off in 1997.

CEO Kilavuka told the committee chaired by Kiambu Senator Karungo Thangwa that Parliament remains KQ's largest customer.

Africa and its ample mineral and oil resources and population of more than 1 billion people have become the focus of intense geopolitical competition...

Murkomen told the Senators it was high time the true state of the country's road situation was revealed in the spirit of the ongoing national conversa...

President William Ruto noted that the sugar industry is a highly strategic sub-sector whose value chains have been the mainstay of the local economies...

More banks said demand for credit this month and March is expected to be higher than it was in December and January.