News Kenya Debt: Kenya is unlikely to receive debt restructuring despite debt distress
Due to significant short-term debt obligations and predicted income collection that is expected to increase by 34% in 2023–2024 from the current level of Sh930.35 billion to Sh1.25 trillion, Kenya is ...
News Kenya Debt: Kenya and Uganda revive stalled railway extension
The presidents of Kenya and Uganda yesterday met near their shared border to mark the multi-billion dollar, long-delayed extension of a Chinese-built railway that has left Kenya heavily in debt. The ...
News Kenya Debt: Govt Considering Ksh129 Billion Debt-for-Food Swap to Ease Eurobond Pressure
The proposed deal comes at a time when Kenya is grappling with persistent food insecurity, driven by droughts, climate shocks, and rising import costs.
News Kenya Debt: Treasury to reveal amount of debt buybacks, switches
Buybacks have been mostly utilised to ease refinancing pressures on upcoming Eurobond maturities where the Treasury has issued new sovereign bonds to partially refinance expected principal...
News Kenya Debt: Raila vows to audit country’s debt if elected President
NAIROBI, Kenya Mar 17 – Orange Democratic Movement (ODM) leader Raila Odinga has vowed to audit the country’s debt to establish its actual size if elected Kenya breaking news | Kenya news today |
News Kenya Debt: Kenya: Odinga Vows to Audit Country's Debt If Elected President
Orange Democratic Movement (ODM) leader Raila Odinga has vowed to audit the country's debt to establish its actual size if elected President during the upcoming August polls.
News Kenya Debt: Kenya secures Kshs. 85 billion from World Bank for post-covid growth
Kenya has secured Kshs. 85.5 billion from the World Bank in what the lender says will help support the country's post-pandemic economic transformation ...
News Kenya Debt: Kenya gets Sh85bn World Bank loan as cost of foreign debt doubles
Kenya agreed with the IMF to stick to concessional finance to reduce debt vulnerabilities that have seen the country turn away from syndicated loans and only focus on multilateral loans and ...
News Kenya Debt: Kenya to replace nominal debt ceiling with 55% GDP share aim-finmin
Kenya aims to replace a nominal public debt ceiling with a debt anchor as a percentage of gross domestic product by the end of June 2022, Finance Minister Ukur Yatani has said. NAIROBI, Dec 23 ...
News Kenya Debt: Kenya to revamp debt rules as IMF says Kenya Airways nationalisation shelved
Kenya aims to replace a nominal public debt ceiling with a debt anchor as a percentage of gross domestic product by the end of June 2022, Finance Minister Ukur Yatani has said.
News Kenya Debt: Kenya Shilling Depreciates by 3.6% Against USD in 2021, Driven by Rise in Crude Oil Prices
The Kenya shilling depreciated by 3.6% against the US Dollar in 2021 to close at KSh 113.1, compared to KSh 109.2 at the end of 2020, a report by Cytonn shows.
