Moody's,moody's report kenya Stories

AU pointed out that Kenya has not yet navigated through a stable economic outlook to justify such a shift.

He dismissed accusations of sycophancy, saying critics would eventually be judged by their actions.

Critics are questioning whether external observers and global investors truly understood Kenya’s realities.

The report said that domestic financing costs have started to decline amid a monetary easing cycle.

The government says borrowing has been used to drive economic growth, which has been faster than many of its African peers since the COVID-19 pandemic...

The firm reduced the county's rating one level down from B3 to Caa1, reflecting a significantly diminished capacity to implement revenue-based fiscal...