government loans Stories

Kenya's loan defaults hit 20-year high as economic woes deepen
Kenya's loan defaults hit 20-year high as economic woes deepen
Maureen Kinyanjui  |  Jun 12, 2025

According to the CBK, the ratio of non-performing loans (NPLs), those unpaid for over 90 days, rose to 17.6 per cent by June 2025, up from 17.4 per ce...

Auditor-General urges state to conduct loan scrutiny to avoid costly penalties on taxpayers
Auditor-General urges state to conduct loan scrutiny to avoid costly penalties on taxpayers
Lucy Mumbi  |  Jan 03, 2025

Gathungu highlighted concerns over the improper utilisation of billions in loans and recommended measures to prevent avoidable financial burdens.

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