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Kenya in talks for Ksh.82 billion World Bank loan
By Kepha Muiruri,
1401, April 8, 2021 (EAT)
The National Treasury is in talks for the disbursement of a fresh Ksh.82 billion ($750 million) from the World Bank before the end of June. The fac...
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IMF says more vaccine spending is fastest way to shore up public finances
By Reuters,
1818, April 7, 2021 (EAT)
The COVID-19 pandemic will continue to swell global public debt in 2021, but spending more money to accelerate vaccinations is the fastest way to star...
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IMF asks Kenya to limit support to struggling State corporations
By Kepha Muiruri,
1658, April 7, 2021 (EAT)
The International Monetary Fund (IMF) has asked the National Treasury to limit its support to struggling State owned enterprises (SOEs) as part of new...
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Rueuben Kigame to gov’t officials: You are banned from speaking at my funeral
By Tonny Ndungu,
1743, March 30, 2021 (EAT)
Veteran Kenyan gospel musician and author Reuben Kigame has forbidden government representatives and employees of copyright societies from speaking at...
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Contraceptive use increased in Kenya during COVID-19 pandemic period, survey reveals
By Agencies,
1515, March 25, 2021 (EAT)
The use of modern methods of contraceptives increased from 56 to 61 per cent in 2020, an uptake that may have contributed to the decline in unintended...
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KQ reports Ksh.36.2B loss, the largest in Kenya’s corporate history
By Kepha Muiruri,
1233, March 23, 2021 (EAT)
Kenya Airways (KQ) has reported a near three times loss expansion to Ksh.36.2 billion in the year ended December 31, 2020. This is the largest loss...
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Namibian Gov’t removes tax for sanitary pads
By Agencies,
800, March 22, 2021 (EAT)
The Namibian Government has abolished taxation of sanitary pads. Finance Minister Iipumbu Shiimi announced that the directive would take effect in ...
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Treasury says no risk of China taking over Mombasa port
By Faizal Ahmed,
849, March 16, 2021 (EAT)
The National Treasury says the port of Mombasa is under no risk of being taken over by China. In a statement, Treasury CS Ukur Yatani says Kenya co...
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Africa’s growth prospects bullish despite COVID-19 constraints and debt burden: report
By Citizen Reporter,
1702, March 13, 2021 (EAT)
Despite the challenging backdrop of a global pandemic and external economic shocks, Africa is expected to recover from its worst recession in half a c...
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China’s fleet now larger than US Navy
By CNN,
935, March 6, 2021 (EAT)
In 2018, Chinese President Xi Jinping donned military fatigues and boarded a People's Liberation Army Navy destroyer in the South China Sea. Spread...
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UNEP rolls out electric bikes project in Nairobi’s Karura forest
By Citizen Reporter,
834, March 4, 2021 (EAT)
49 motorcycles made little noise but raised much interest in Nairobi’s Karura Forest on Tuesday morning, as the UN Environment Programme (UNEP) laun...
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Gov’t shaves off Ksh.23.7B from supplier pending bills
By Kepha Muiruri,
1542, March 2, 2021 (EAT)
The National Government trimmed its outstanding bills to suppliers for the first time in more than one year between October and December with the pend...
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January tax receipts down 6pc at Ksh.111.3B
By Kepha Muiruri,
1543, February 19, 2021 (EAT)
Tax receipts across the month of January fell by six per cent to stand at Ksh.111.3 billion from Ksh.118.3 billion last year. This is according to ...
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New IMF, World Bank loans trim Kenya’s debt refinancing risks
By Kepha Muiruri,
1541, February 16, 2021 (EAT)
Kenya’s change of tact to re-integrate cheap financing from the International Monetary Fund (IMF) and the World Bank has served to trim the country...
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Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond
By Kepha Muiruri,
1512, February 13, 2021 (EAT)
National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...
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Kenya adds Ksh.1.2T to debt stock in 2020
By Kepha Muiruri,
1549, February 1, 2021 (EAT)
Kenya added Ksh.1.2 trillion to its debt portfolio in 2020 as the country’s stock of debt hit Ksh.7.3 trillion in December from Ksh.6 trillion a yea...
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PROFILE: Ngele Ali, holding space for communities to use their own voices
By Guest Writer,
1126, February 6, 2021 (EAT)
By Patience Nyange and Esther Kirago Ngele Ali is an award-winning media, communications for development and advocacy expert with over 20 years of ...
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61 per cent of half-year tax revenues eaten up by debt payments
By Kepha Muiruri,
1826, January 25, 2021 (EAT)
Data now shows that 61.4 per cent of all taxes raised between July and December 2020 or about 61 shillings for every 100 shillings raised by the gover...
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Half year tax revenues down 13.6 per cent at Ksh.673.6 billion
By Kepha Muiruri,
1640, January 22, 2021 (EAT)
The National Treasury has reported a 13.6 per cent slump in tax collected through the first six months of the 2020-21 financial year to December 2020....
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Jasmeet lands Jaguar Petroleum boost for 2021 KNRC
By Agencies,
1455, January 17, 2021 (EAT)
Multiple Kenya National Rally champion Jasmeet Chana "Iceman" has every reason to smile. The former KNRC 2WD, Division One, Division Two, Division ...
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