China-Africa blanket debt forgiveness not in the cards

By VOA,

As China tightens its belt economically in response to the coronavirus, African leaders are anxious about the future of infrastructure projects, trade...

china

Wendy’s boss in Lebanon found her preparing dinner. Moments later, she was told to never touch food with her bare, black hands again

By CNN,

Wendy’s boss glared at her as she chopped coriander. Stone-faced and angry, he charged out of the kitchen to speak with his wife. Moments later, ...

domestic workers , Lebanon , migrant workers

U.S. Gov’t says Nairobi-Mombasa expressway will not up Kenya’s debt

By Citizen Reporter,

The United States has rubbished reports claiming that the Nairobi-Mombasa expressway project will saddle Kenya with unsustainable debt. A statement...

Nairobi –Mombasa expressway , SGR

MPs approve request to raise debt ceiling to Ksh.9 trillion

By Chemutai Goin,

Members of Parliament on Wednesday approved a request by the National Treasury to raise the public debt ceiling to Ksh.9 trillion from Ksh.6 trillion....

debt

‘Public debt is within sustainable levels,’ CS Rotich insists

By Benjamin Muriuki,

The government has maintained that its debt is sustainable and projected to decline. According to Treasury CS Henry Rotich, loans granted to the go...

Budget 2019 , Henry Rotich , Public debt , world bank loan

Legacy of lunacy haunts old Kenya railway. Will China’s Ksh.364B line be different?

By CNN,

In 1903, British colonial administrator Sir Charles Norton Edgecumbe Eliot made a bold statement: "It is not uncommon for a country to create a rai...

SGR

Chicken, eggs, sugar & now land in Naivasha: Kenya woos Uganda

By Winnie Musyoki,

The newfound love between Kenya and Uganda has not gone unnoticed but instead raised queries from different quarters over the struggling agricultural ...

Museveni , uganda

China just quietly wrote off a chunk of Cameroon’s debt. Why the secrecy?

By CNN,

When top Chinese diplomat Yang Jiechi met Cameroon President Paul Biya in the capital Yaounde last month and wrote off a chunk of the African country'...

MP proposes Ksh.6 trillion national debt ceiling

By Sophie Kinoti,

Emgwen MP Alex Kosgey has proposed a Ksh.6 trillion national debt ceiling to cushion the country from the rising debt. In a bill that proposes to a...

Emgwen MP Alex Kosgey , Kenya national debt , public finance management act

Motion to impeach CS Rotich ready

By Sam Ogina,

Despite being saved by the rejection of the sugar probe report in the National Assembly, Treasury Cabinet Secretary Henry Rotich is staring at a possi...

Contraband sugar , Henry Rotich , Sugar report , Treasury

Jubilee MPs urge gov’t to halt development in opposition areas

By Peter Gachanja,

Jubilee MPs from Mt. Kenya region have supported and defended the government’s borrowing of Ksh.200 billion Eurobond, saying it would propel develop...

Deputy Speaker Kithure Kindiki , Eurobond II , Faith Gitau , Gitonga Murugara , Jubilee Mps , Kabinga wa Thayu , Kirinyaga County. , Nguka ACK Church , Patrick Maruri , Purity Ngirici , Rahab Mukami

Raila launches Twitter beef with President Kenyatta

By Sally Boyani,

National Super Alliance presidential candidate, Raila Odinga, on Saturday took to Twitter to condemn President Uhuru Kenyatta for increasing the natio...

Demonstrations in Kisumu , Kenya's ballooning debt , Kenya's economy , Raila attacks Uhuru on twitter' , Raila on twitter , Uhuru on twitter , Uhurunomics

Modest Recovery Expected for African Economies After Tough 2016

By VOA,

2016 was predicted to be a tough year for African economies, and it delivered. Traditional economic leaders faltered this year amid a storm of fall...

Commission proposes increase of county funds by Sh100 billion

By Benjamin Wafula,

The Commission on Revenue Allocation (CRA) has recommended the increase of county allocation by Sh101.1 billion in the financial year 2016/17. In ...

Commission on Revenue Allocation , CRA , micah cheserem

Liberia joins WTO as 35th member of Least Developed Countries

By Maureen Murimi,

Liberia is now a part of the World Trade Organization (WTO), making it the 35th complete accession process and the 35th Least Developed Countries (L...

Stop criticizing gov’t, Kindiki tells CORD

By Maureen Murimi,

Senate Majority Leader Kithure Kindiki has urged the opposition CORD to stop criticizing the Jubilee Government every time an issue arises. Speakin...

CORD , Eurobond , kenya , Kindiki , Kithure Kindiki , raila odinga , ruto , william ruto

Senate summons CS Rotich over state of economy

By Maureen Murimi,

The Senate has summoned Treasury Cabinet Secretary Henry Rotich to appear before it within seven days from Tuesday after he failed to appear before it...

Billow Kerrow , economy , Henry Rotich , kenya , Kenyatta , Rotich , senate , state of economy , Uhuru kenyatta

Duale refutes Raila’s claims on Eurobond divertion

By Citizen,

Majority Leader in the National Assembly Aden Duale has dismissed Cord leader Raila Odinga’s allegations that the government diverted funds from the...

Aden Duale , Eurobond , raila odinga

Gov’t spending, corruption to blame for cash crunch – Raila

By Maureen Murimi,

Cord leader Raila Odinga has accused the Jubilee Government of putting the country in a financial crisis by spending more than it can afford, borrowin...

cash crunch , CORD , financial crisis , kenya , raila odinga

Government to cut non-essential spending this year: IMF

By Agencies,

The government plans to cut some non-priority spending this financial year to balance the books after its borrowing costs rose, the International Mon...