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Senate votes to raise Kenya’s debt ceiling to Ksh.9 trillion
By Kepha Muiruri,
2101, November 6, 2019 (EAT)
Senators have this afternoon approved of the adjustment of the National Assembly-backed revised borrowing ceiling to Ksh.9 trillion. The approval b...
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U.S. ignores red flags on Kenya’s debt in fixation to match China’s role
By Kepha Muiruri,
905, November 5, 2019 (EAT)
The United States government has rolled up its sleeves in a bid to match up to China’s huge infrastructure undertakings in Kenya. The newly found...
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Kenya’s budget projections are unrealistic, World Bank warns
By Kepha Muiruri,
950, October 31, 2019 (EAT)
Kenya should initiate realistic budget projections; the World Bank has told the National Treasury. In the latest publication of the Kenyan Economic...
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IMF anxious to see jump in Kenya’s tax base
By Kepha Muiruri,
1936, October 28, 2019 (EAT)
The International Monetary Fund (IMF) has pinned taxes as the central pillar to the attainment of a satisfactory fiscal consolidation program as the c...
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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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BWIRE: Why Universal Health Coverage will remain a pipe dream
By Victor Bwire,
2055, October 22, 2019 (EAT)
By Victor Bwire While the intent to provide health care to Kenyans is evident, things on the ground are different; the current state of policy conf...
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Inside Treasury’s fresh public debt management strategy
By Kepha Muiruri,
1339, October 14, 2019 (EAT)
The National Assembly granted Treasury the green light to move Kenya’s borrowing ceiling to Ksh.9 trillion last Wednesday igniting the planning mini...
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MWANGI: Low saving rates a factor in Kenya’s economic slowdown
By Citizen Reporter,
2024, August 27, 2019 (EAT)
By Kevin Mwangi Things are looking bleak for the Kenyan economy and it is expected to continue facing challenges of increased debt servicing burden, ...
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Henry Kiplagat Rotich, the money man from Kimwarer
By Wangui Ngechu,
1719, July 22, 2019 (EAT)
Henry Rotich, the Cabinet Secretary for National Treasury was on Monday arrested after he surrendered himself at the DCI Headquarters following an arr...
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Zambian president fires finance minister, appoints central bank deputy governor
By Reuters,
902, July 15, 2019 (EAT)
Zambia’s president has fired Finance Minister Margaret Mwanakatwe and appointed central bank deputy governor Bwalya Ng’andu to replace her, a stat...
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Private sector calls for increased effort in fight against corruption
By Citizen Reporter,
1831, June 26, 2019 (EAT)
Business Managers and entrepreneurs in the country have called for more concerted efforts in the war against corruption, further vowing to enhance the...
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China says Africa projects should be sustainable, denounces criticism
By Reuters,
952, June 25, 2019 (EAT)
Chinese development projects in Africa must be sustainable, the government’s top diplomat told senior African ministers on Tuesday, as he denounced ...
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South Sudan lawmakers quit budget presentation over unpaid public salaries
By Reuters,
1815, June 20, 2019 (EAT)
South Sudanese lawmakers stormed out of a budget presentation by the finance minister on Thursday, with one citing frustrations over non-payment of sa...
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IMF disburses Ksh.25B loan tranche to Tunisia
By Reuters,
1240, June 13, 2019 (EAT)
The International Monetary Fund (IMF) has approved the payment of a $247million (Ksh25billion) loan tranche to Tunisia. This is the sixth under its...
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Nigeria’s Buhari kicks off challenge-filled second term with low-key inauguration
By Reuters,
2051, May 29, 2019 (EAT)
Nigerian President Muhammadu Buhari was sworn in on Wednesday for a second term at a low-key inauguration ceremony in which he surprised many by not d...
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5 Kenyans shortlisted for top KRA post
By Citizen Reporter,
839, May 28, 2019 (EAT)
Five candidates have been shortlisted for the Kenya Revenue Authority (KRA) Commissioner General post. They are James Mburu, Julius Waita Mwatu, Ri...
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Zimbabwe secures $500 million loan to ease dollar shortages
By Reuters,
1823, May 19, 2019 (EAT)
Zimbabwe’s central bank has secured a $500 million loan from unspecified international banks to support interbank currency trading from Monday and e...
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Bobi Wine; “Museveni wants to ruin me financially”
By Reuters,
1448, May 17, 2019 (EAT)
Robert Kyagulanyi popularly known as Bobi Wine has accused the government of embarking on a mission to ruin him financially by blocking his concerts a...
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Kenya seals third Ksh.210B Eurobond
By Kepha Muiruri,
1009, May 16, 2019 (EAT)
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...
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Controversy of overvalued shilling: Why Central Banks intervene globally
By Kepha Muiruri,
814, May 14, 2019 (EAT)
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...
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