Diaspora Infrastructure Bond,Infrastructure bond,infrastructure bonds Stories

CS Chirchir defends Sh175 billion infrastructure bond, assures it won’t raise public debt
Maureen Kinyanjui  |  Sep 06, 2025

CS Davis Chirchir explained that the State Department for Roads allocated Sh7 billion from the Road Maintenance Levy Fund (RMLF) in February 2025 to a...

Government evacuates 5,232 distressed Kenyans from 19 countries amid exploitation concerns
Lucy Mumbi  |  Jul 31, 2025

PS Njogu committed to providing a county-by-county breakdown of the overseas job placements.

African finance ministers shouldn’t be making bond deals: how to hand over the job to experts
The Conversation  |  Jun 27, 2025

Recent developments show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relativ...

National Treasury raises Sh71.4 billion from bond sale, exceeding target
Lucy Mumbi  |  Apr 03, 2025

According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.

MPs probe National Treasury over alleged use of infrastructure bond funds for salaries
Lucy Mumbi  |  Mar 13, 2025

Infrastructure Bonds, which were introduced in February 2009, are exempt from withholding tax—unlike other bonds that attract a tax of 10 per cent for...

CBK raises Sh48.5 billion in oversubscribed bond sale as interest rates fall
Maureen Kinyanjui  |  Jan 17, 2025

The auction, which closed on Wednesday, included two long-term bonds, the 15-year bond, first issued in 2018, and the 25-year bond that debuted in 202...

National Assembly rejects 5 per cent tax on infrastructure bonds interest
Maureen Kinyanjui  |  Dec 05, 2024

The Treasury had projected that taxing infrastructure bond interest would generate Sh13 billion annually, a crucial part of its efforts to raise Sh174...

Kenya eyes diaspora bond to fund JKIA airport expansion, says Mudavadi
Lucy Mumbi  |  Dec 04, 2024

Initially proposed in early February 2024, the bond’s development was put on hold due to concerns about whether the overseas Kenyan community would bu...

New Bill seeks to tax infrastructure bond interest to raise Sh13.4 billion annually
Lucy Mumbi  |  Dec 02, 2024

The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...

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