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Kenya misses out on full debt service suspension slice
By Kepha Muiruri,
934, January 13, 2021 (EAT)
The government has come under scrutiny for failing to take full advantage of opportunities presented by the Debt Service Suspension Imitative (DSSI). ...
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Kenya receives Ksh.81.2 billion World Bank loan for North Eastern projects
By Kepha Muiruri,
1317, September 9, 2020 (EAT)
Kenya has received a Ksh.81.2 billion ($750 million) loan from the World Bank to finance infrastructure projects in Northern Kenya. The new facilit...
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KRA’s annual tax collections Ksh.354 billion off original target
By Kepha Muiruri,
1030, July 18, 2020 (EAT)
Kenya Revenue Authority (KRA) tax collections for the year ended June 30 were Ksh.354.1 billion off their original target as the tax man again missed ...
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Ex-Auditor General Ouko says his security was withdrawn, benefits denied after retirement
By Benjamin Muriuki,
2124, June 18, 2020 (EAT)
Former Auditor General Edward Ouko has blown the lid off his life in retirement revealing that the government withdrew his security and benefits, whic...
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Kenya’s commercial debt has grown by 750 percent for the last 10 years
By Kepha Muiruri,
1239, May 26, 2020 (EAT)
Kenya’s appetite for commercial debt grew by over eight times or an equivalent 750 percent in a decade from June 2010 to March 2020. The data con...
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Coronavirus pandemic deepens Kenya’s debt wound
By Kepha Muiruri,
1204, May 14, 2020 (EAT)
The Covid-19 pandemic has added salt to Kenya’s long existing debt wound pushing the country closer to the edge of the cliff. This is as the glob...
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NSE listed firms lose 21 percent of value in three months
By Kepha Muiruri,
2025, April 8, 2020 (EAT)
Companies listed in the Nairobi Securities Exchange (NSE) lost 21 percent of their values in the first three months of the year as the domestic equiti...
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CBK to buy 400 million dollars from banks amid global volatility fears
By Kepha Muiruri,
1939, March 3, 2020 (EAT)
The Central Bank of Kenya (CBK) has expressed its intent of growing its usable foreign currency reserves above normal levels by buying US dollars from...
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Bank of America projects Kenya’s potential Eurobond to outperform peers
By Kepha Muiruri,
1810, February 5, 2020 (EAT)
Kenya is more receptive of investments to its external debt market issues placing the country at the peak of regional Eurobond issuers, a new report s...
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Treasury walking on thin-ice in bid to finance 2019/20 budget deficit
By Kepha Muiruri,
1016, January 31, 2020 (EAT)
The National Treasury is walking a tight rope in its quest to finance the 2019/20 budget deficit as it seeks to avoid the issuance of expensive commer...
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Shilling could weaken if Treasury dumps external commercial loans – Report
By Kepha Muiruri,
2007, January 21, 2020 (EAT)
Analysts at Genghis Capital have raised fresh concerns on the volatility of the shilling should the National Treasury’s plan to stop taking up exter...
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Kenya in talks with World Bank for Ksh.50-100B loan
By Reuters,
1402, January 17, 2020 (EAT)
Kenya is in advanced talks with the World Bank for “a fairly priced” loan of up to Ksh. 100 billion shillings ($991.57 million). This is nearly...
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2019 Review: Treasury gets free pass on new borrowing
By Kepha Muiruri,
1131, December 29, 2019 (EAT)
In a complete mirror opposite to his predecessor, Acting National Treasury CS Ukur Yatani threw in the towel on Kenya’s debt sustainability claims. ...
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Kenya retains 3rd place in continental investor attraction ranking
By Kepha Muiruri,
2023, October 23, 2019 (EAT)
Kenya has retained third place in its attraction to investments on the continent, according to the recently published ABSA Africa Financial Markets In...
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Karua, Mudavadi campaign in the US
By Citizen Reporter,
1629, October 3, 2019 (EAT)
Narc-Kenya party leader Martha Karua and Amani National Congress (ANC) leader Musalia Mudavadi have urged Kenyans in the diaspora to come out in suppo...
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Central Bank’s firefighting breaks Kenya shilling flat-run
By Kepha Muiruri,
1618, August 3, 2019 (EAT)
Central Bank stepped up its open market operations during the week to hold off further slides to the Kenya shilling valuation. According to investo...
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CBK leaves benchmark rate at 9 percent as economy holds steady
By Kepha Muiruri,
1828, July 24, 2019 (EAT)
The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...
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Questions over Uhuru’s next move after Rotich charged
By Rachel Ombaka,
1612, July 24, 2019 (EAT)
A substantive appointment is in the offing at Treasury with President Uhuru Kenyatta forced to play the hand he is dealt with following the arraignmen...
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‘Lord of poverty!’ DP William Ruto tears into Raila Odinga
By Ian Omondi,
1921, July 1, 2019 (EAT)
Deputy President William Ruto on Monday launched another scathing attack on opposition leader Raila Odinga accusing him of propagating poverty in the ...
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World Bank grants Kenya another Ksh.75 billion loan
By Faizal Ahmed,
2145, May 29, 2019 (EAT)
The World Bank has approved a Ksh.75 billion loan to Kenya for budgetary support. This is the first time in years the World Bank is putting cash st...
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