IMF loans,Kenya loans Stories
These loans, arguably, help the country address challenges such as budget deficits, maintaining public debt sustainability and alleviating foreign exc...
The revelation underscores the cash flow pressures the government faced leading up to the 2024 tax proposals that triggered countrywide protests.
In its latest assessment of the 2025/26 budget proposals, the PBO called for urgent measures to ensure the efficient use of borrowed funds.
The move follows amendments to financial sector laws late last year when the President signed the Business Laws (Amendment) Bill into law.
This announcement follows the CBK's latest reduction of its benchmark lending rate by 50 basis points, bringing it to 10.75 per cent from 11.25 per ce...
The CS confirmed the release and noted that each student will receive between Sh40,000 and Sh60,000.
Learners from Egerton University and the University of Nairobi stormed Helb’s headquarters at Anniversary Towers in Nairobi, decrying the delay.
This change comes in response to pressure from the banking regulator, signalling a potential shift in the lending landscape.
The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.
The suspension comes as the Treasury works on transitioning the scheme to a new public-private venture, the Kenya Credit Guarantee Scheme Company (KCG...
The delay stems from the disruption caused to the 2024/2025 academic calendar by lecturer strikes last year, which led to an extended first semester a...
Nyakang'o urged counties to ensure compliance with these legal provisions to promote prudent use of public funds.
Susan Mang'eni, the PS for the State Department of MSMEs confirmed that these two million borrowers have achieved higher credit scores by repaying the...
The new provisions aim to curb exploitative practices in the microfinance sector, offering enhanced safeguards for borrowers and guarantors.
Kenya Kwanza had pledged to set aside Sh50 billion annually for the Hustler Fund, but allocated only Sh20 billion to the fund in its first budget.
While the government has pledged to refine the system, trust among students, parents, and stakeholders remains low.
Gathungu highlighted concerns over the improper utilisation of billions in loans and recommended measures to prevent avoidable financial burdens.
The report attributes the shortfall to the shift from manual to digital loan applications, which disrupted the usual loan processing cycle.
However, Education Cabinet Secretary Julius Ogamba announced that the government plans to modify the new university funding model.
