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Kenya’s debt repayment costs jump by Ksh53.7B
By Kepha Muiruri, 1432, February 12, 2021 (EAT)
Kenya’s debt repayment costs in the year ending on June 30 have shot up by Ksh.53.7 billion in spite of relief on external repayments. According ...

debt , Treasury , Yatani
African grey parrots, body parts being sold at ‘fetish’ voodoo markets in Togo
By Citizen Reporter, 847, February 11, 2021 (EAT)
World Animal Protection has revealed that endangered African grey parrots and their body parts are being sold at ‘fetish’ voodoo markets in Togo, ...

African grey parrots , voodoo
Kenya aims to ‘reconfigure’ external debt, central banker says
By Reuters, 808, January 29, 2021 (EAT)
Kenya’s government aims to “reconfigure” its external debt, its central bank governor said on Thursday, without immediately elaborating. The ...

CBK , debt
China allows Kenya to skip Ksh.27B in debt repayments
By Kepha Muiruri, 1451, January 20, 2021 (EAT)
Kenya’s top creditor China has allowed Kenya to skip Ksh.27 billion in debt repayments falling due between January and June this year. The freeze...

china , debt
Debt pain as interest payments now eat up 30pc of revenues
By Kepha Muiruri, 1645, January 19, 2021 (EAT)
For every 100 shillings in tax collected, the government is channelling 30 shillings towards interest repayments on debt as Kenya’s debt pressure ti...

debt , IMF
China says its ready to help Kenya deal with its debt challenges
By Reuters, 1212, January 19, 2021 (EAT)
China stands ready to help Kenya deal with its debt challenges and both sides are holding “smooth” talks over the issues, the Chinese embassy in N...

china , debt , Xi Jinping
Cash-strapped Treasury now faces highest domestic debt servicing costs
By Kepha Muiruri, 1833, January 15, 2021 (EAT)
A cash-strapped National Treasury is now facing its highest domestic debt servicing costs in the 2020/21 financial year. The exchequer is expected ...

domestic borrowing , National Treasury
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). ...

debt , Debt Service Suspension Imitative (DSSI) , Treasury
After sitting on the fence, Kenya takes up debt-suspension offer
By Kepha Muiruri, 1839, January 11, 2021 (EAT)
Kenya has agreed to take up the debt service suspension initiative (DSSI) after tiptoeing around the deal for months. The Paris Club which represen...

debt service suspension initiative (DSSI) , Kenya's debt , National Treasury
Two weeks after Biden named President-elect, Trump faces stinging setbacks
By Reuters, 1550, November 21, 2020 (EAT)
Joe Biden on Saturday reached the two-week mark since becoming president-elect, with President Donald Trump stinging from back-to-back setbacks in his...

Joe Biden
Kenya seeks three and a half year access to IMF emergency loans
By Kepha Muiruri, 1054, November 21, 2020 (EAT)
Kenya is in deep talks with the International Monetary Fund (IMF) over the access of emergency bail out loans over the next three and a half years, th...

CS Ukur Yatani , debt , International Monetary Fund (IMF) , National Treasury
Kenya plans to defer Ksh.75B in debt payments under G20 coronavirus initiative
By Reuters, 1009, November 19, 2020 (EAT)
Kenya has changed its mind about a G20 coronavirus debt relief initiative it declined to join earlier this year. The country is now planning to def...

coronavirus , G20 Debt Service Suspension Initiative , Ukur Yatani
Kenya earns second negative credit outlook from debt stress
By Kepha Muiruri, 1020, June 23, 2020 (EAT)
Global credit ratings agency Fitch has revised its outlook on Kenya as a long-term debt issuer from stable to negative. In a statement issued Frida...

Fitch , Kenya's debt , National Treasury
China promises debt relief to African countries as part of COVID-19 support
By PSCU, 1042, June 18, 2020 (EAT)
President Xi Jinping of China on Wednesday assured African countries that his country will continue supporting COVID-19 containment measures on the co...

china , coronavirus , COVID-19 , President Xi Jinping
Let’s Leverage on innovative potential of our youth in Covid-19 fight, President Kenyatta urges African counterparts
By PSCU, 1324, June 13, 2020 (EAT)
President Uhuru Kenyatta has challenged his African counterparts to tap into the innovative abilities of the continent's youth as they roll out Covid-...

coronavirus , President Uhuru Kenyatta
Kenya in line to save Ksh.244 billion from debt restructure – World Bank
By Kepha Muiruri, 1141, April 15, 2020 (EAT)
Kenya stands in line to realize gains of up to Ksh.243.6 billion ($2.3 billion) from the suspension of all 2020 loan repayments to its external credit...

IMF , Kenya's debt , National Treasury , World Bank Group
Kenya, Uganda & other IGAD countries to set up regional response plan for coronavirus
By PSCU, 833, March 31, 2020 (EAT)
Member states of the Intergovernmental Authority on Development (IGAD) have agreed to forge a joint approach to curb the spread of the novel coronavir...

coronavirus , IGAD , Uhuru kenyatta
Kenya signs deal in France to end tax avoidance by multinational firms
By Girlie Kendi, 1313, November 27, 2019 (EAT)
Kenya has signed a multilateral convention to end tax avoidance among multinational companies. Kenya now becomes the 91st jurisdiction to join the ...

KRA , tax avoidance
U.S. formally withdraws from 1987 nuclear pact with Russia
By CNN, 1612, August 2, 2019 (EAT)
cThe United States formally withdrew from a landmark nuclear missile pact with Russia on Friday after determining that Moscow was in violation of the ...

1987 nuclear treat , INF , russia , U.S
Cryptocurrency plan will radically transform Kenya’s monetary system: report
By Kepha Muiruri, 1334, July 30, 2019 (EAT)
A ICT Ministry-backed team has retained its quest for the development of cryptocurrency assets in Kenya in spite of regulator unease. The task-forc...

bitcoin , cryptocurrency , ICT Ministry , Joe Mucheru