‘Lord of poverty!’ DP William Ruto tears into Raila Odinga

By Ian Omondi,

Deputy President William Ruto on Monday launched another scathing attack on opposition leader Raila Odinga accusing him of propagating poverty in the ...

2022 politics , DP William Ruto , EDWIN SIFUNA , Nyamira County , raila odinga

World Bank grants Kenya another Ksh.75 billion loan

By Faizal Ahmed,

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...

World Bank

CBK: Kenya needs to reorganize debt as room for borrowing has shrunk

By Reuters,

Kenya’s headroom for new borrowing has shrunk since it tapped the Eurobond market this month and it is time for the country to begin reorganizing it...

CBK Governor Dr. Patrick Njoroge , Kenya debt

CBK retains lending rate at 9 percent

By Kepha Muiruri,

Central Bank’s Monetary Policy Committee (MPC) has for the sixth time running kept the effecting lending rate at 9 percent signaling a wait-and-see ...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR) , patrick njoroge

NSE slides as foreign investors adopt wait-and-see policy

By Kepha Muiruri,

Global jitters tore apart investor sentiment across 2018 but the resumption of trade negotiations on the backend of the year provided much needed resp...

Nairobi Securities Exchange (NSE)

Kenya seals third Ksh.210B Eurobond

By Kepha Muiruri,

Kenya has successfully issued a third Eurobond priced at Ksh.210 billion (USD 2.1 billion) following a roadshow in United States and the U.K. The n...

Eurobond

Controversy of overvalued shilling: Why Central Banks intervene globally

By Kepha Muiruri,

An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capi...

Central Bank of Kenya (CBK) , IMF , Kenya Shilling

Kenya seeks proposals for issuance of Ksh.254T Eurobond -source

By Reuters,

Kenya is engaging with lenders over a plan to issue a $2.5 billion (Ksh.253.9trillion) Eurobond denominated either in Euros or dollars, a banking sour...

Eurobond

Russian Finance Ministry may issue more Eurobonds in euros in 2019

By Reuters,

The Russian finance ministry is considering issuing Eurobonds in euros and possibly yuan in 2019 and the amount of the euro deal could be higher than ...

Anton Siluanov , Eurobonds , russia , U.S , U.S Senate

Kenya to roll over Ksh.78B syndicated loan, cut budget deficit

By Reuters,

Kenya is in talks with lenders to roll over a Ksh.78billion ($760million) syndicated loan this fiscal year and lengthen its maturity. This is in or...

government debt , Kamau Thugge

Ivory Coast’s Ouattara to name new government on Tuesday

By Reuters,

Ivory Coast President Alassane Ouattara plans to name a new government on Tuesday after dissolving its predecessor because of a row within his ruling ...

Amadou Gon Coulibaly , Henri Konan Bedie , Ivory Coast President Alassane Ouattara , RDR party

Banker calls for Govt stimulus to support economic growth

By Sophie Kinoti,

The government has been encouraged to increase its spending and meet payments to contractors and suppliers to stimulate economic growth. According ...

Eurobond , government spending , John Gachora , NIC Group , stimulus , suppliers contractors , Treasury

Rotich: Government never gets broke

By Citizen Reporter,

Treasury CS Henry Rotich has denied media reports that the government is broke saying the reporting was "fake." Mr. Rotich, while reacting to media...

Eurobond , Kenya is broke , Treasury CS Henry Rotich

Amb. Kamau: Push for US intervention in Kenya ill-advised

By Amb. Macharia Kamau,

That Amb. Mark Bellamy and Amb. Johnnie Carson are accomplished US diplomats is not in doubt. It may also be assumed that their relationship with Keny...

Ambassador Johnny Carson , Ambassador Mark Bellamy , intervention , Jubilee Party , NASA coalition

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

Kenya’s rising debt overshadows positive economic outlook

By Kepha Muiruri,

A global risk consultancy is projecting a promising year for Kenya this year even though this may be overshadowed by the country's rising debt. Con...

2018 Risk Map , Control Risks , Eurobond , Kenya debt , Patrick Matu

Govt secures Sh77.2bn syndicated loan to pay off earlier loan

By Reuters,

Kenya has secured a $750 million (Sh77.2 billion) syndicated loan for seven years from the Trade Development Bank (TDB) to pay off creditors in anothe...

budget support , Eurobond , Finance , Henry Rotich , National Treasury , rising debt , syndicated loan , Trade Development Bank , Uhuru kenyatta

World Bank cuts Kenya’s 2017 economic growth estimate to 4.9pc

By Reuters,

The World Bank has cut its 2017 growth estimate for Kenya's economy to 4.9 percent, which would be the slowest annual expansion in five years, due to ...

budget deficit , debt , Drought , economic performance , elections , growth , job creation. , National Treasury , Politics , private sector , raila odinga , Uhuru kenyatta , World Bank

OPINION: Waiguru defamation suit against Raila reason for bad blood

By Citizen Reporter,

By Calvin Tamanda On Monday, National Super Alliance (NASA) presidential candidate, Raila Odinga, revived his long-standing beef with former Devolu...

No NASA presidential line-up yet, Odinga says

By Majanga Michael,

National Super Alliance (NASA) Co-principal Raila Odinga has dismissed rumors going round that the opposition coalition has settled on a Raila-Kalonzo...

IEBC issue will be resolved- Raila Odinga , NASA presidential flag bearer , Odinga In Homa Bay To Lead Campaign For ODM’s Moses Kajwang , support NASA