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Kenya’s debt exposures expected to cut 2021 growth prospects
By Kepha Muiruri, 1516, February 17, 2021 (EAT)
Kenya’s growing exposure to debt is expected to trim 2021 growth prospects even as the economy rebounds from contraction in 2020. According to ec...

debt , John Gachora , NCBA Group
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�...

2021 MTDS , debt refinancing , National Treasury
Kenya & IMF reach agreement on Ksh.262.7 billion 3-year loan
By Kepha Muiruri, 2045, February 15, 2021 (EAT)
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....

COVID-19 , International Monetary Fund (IMF) , National Treasury
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...

2021 Budget Policy Statement (BPS) , CS Ukur Yatani , Kenya's debt , National Treasury
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
President Kenyatta urges leaders to emulate the respect and patience of Mzee Moi
By Ian Omondi, 640, February 5, 2021 (EAT)
President Uhuru Kenyatta has urged fellow political leaders to exercise the kind of humility, patience and respect the late retired president Daniel a...

kabarak , mwai kibaki , Mzee Daniel Moi , President Uhuru Kenyatta
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...

coronavirus , debt
Kenya seeks Ksh.154B World Bank, IMF loans
By Kepha Muiruri, 1805, January 27, 2021 (EAT)
Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...

International Monetary Fund (IMF) , Kenya debt , World Bank
Treasury to borrow Ksh.1 trillion by June
By Kepha Muiruri, 1434, January 26, 2021 (EAT)
The National Treasury is expected to borrow Ksh.1 trillion in the current financial year ending on June 30, 2021 following upward adjustments to spend...

borrowing , fiscal deficit , National 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
2020 review: On public debt, it’s from the frying pan towards fire
By Kepha Muiruri, 1028, December 31, 2020 (EAT)
In a nutshell, Kenya’s stock of public debt stood at Ksh.1.3 trillion a decade ago, today, this stock has climbed to Ksh.7.1 trillion as of Septembe...

2020 Year in Review , CS Ukur Yatani , National Treasury , Public debt
U.S. reinstates Sudan’s sovereign immunity, authorizes funds to help pay debt
By Reuters, 1146, December 22, 2020 (EAT)
The United States on Monday reinstated Sudan’s sovereign immunity, as the U.S. Congress passed legislation formalizing the move, following the endin...

Sovereign immunity , Sudan , U.S. Congress
Mdundo wants to be the Spotify of Africa
By CNN, 1114, December 20, 2020 (EAT)
Mdundo provides access to the continent's favorite music to more than 6 million monthly active users. Set up in 2013 by Danish expat Martin Nielsen...

mdundo , Spotify
Gor advance after CAF Champions League late show
By Milton Ochieng, 1921, December 5, 2020 (EAT)
Gor Mahia FC scored twice in a stoppage time blitz to overcome Rwandan giants APR FC 4-3 on aggregate and advance to the next round of the CAF Champio...

APR FC , CAF Champions League , Gor Mahia FC
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
‘Nimerudi nyumbani, sibanduki!’ Sharlet Mariam says as she announces ODM return
By Ian Omondi, 1329, November 13, 2020 (EAT)
Sharlet Mariam Akinyi on Friday formally announced her return to the Raila Odinga-led Orange Democratic Movement (ODM) party, days after abandoning he...

Msambweni , odm , Omar Boga , raila odinga , Sharlet Mariam
IMF raises Kenya’s 2020 growth projection to 1 per cent
By Kepha Muiruri, 1716, October 13, 2020 (EAT)
The International Monetary Fund (IMF) has raised Kenya’s 2020 growth forecast from a minus one per cent to one per cent in its latest global economi...

IMF , Kenya's GDP
Kenya’s debt races past Ksh.7 trillion
By Kepha Muiruri, 1537, October 12, 2020 (EAT)
Kenya’s stock of debt zoomed past the Ksh.7 trillion mark in August wounding up at Ksh.7.1 trillion from a flat Ksh.6 trillion at the start of 2020....

debt crisis , National Treasury
Horticulture tipped to lift Kenya’s economic rebound
By Kepha Muiruri, 1438, September 17, 2020 (EAT)
The horticulture sector has been tipped to guide the rebound of the Kenyan economy as the country rediscovers growth amidst the COVID-19 pandemic. ...

cut flowers , Horticulture , Kenya's GDP