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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
President Kenyatta: Economy doing far better than anticipated in spite of COVID-19
By Kepha Muiruri, 1807, August 26, 2020 (EAT)
President Uhuru Kenyatta now says the economy is performing far much better than anticipated in spite of a general slump triggered by the COVID-19 pan...

COVID-19 , economy , patrick njoroge , President Uhuru Kenyatta
Kenya joins global condemnation of Mali military takeover
By PSCU, 952, August 21, 2020 (EAT)
African Heads of State have strongly condemned the Mali military takeover during which President Ibrahim Boubacar Keita was seized by mutinying soldie...

Boubacar Keita , MALI
Raychelle Omamo, Sylvia Mulinge among 100 most influential African women
By Citizen Reporter, 1734, August 19, 2020 (EAT)
Raychelle Omamo and Sylvia Mulinge are among 100 most influential women in Africa in 2020. Omamo is Kenya's Foreign Affairs Cabinet Secretary and M...

graca machel , Raychelle Omamo , Sylvia Mulinge
DIAZ: Finally some light at the end of the tunnel
By Guest Writer, 1558, August 3, 2020 (EAT)
Just a few months back, we feared the worst for the world economies. As the Covid-19 pandemic ravaged through developed economies to hit at the hea...

coronavirus , Kenya economy , safe flights
Gov’t to set annual debt limit to tame runaway borrowing
By Kepha Muiruri, 1608, July 27, 2020 (EAT)
The government is expected to set an annual debt limit through its fiscal monitoring agencies and Parliament to contain outlandish borrowing. The n...

debt , National Treasury , Public Debt Management Office (PDMO)
High dollar demand sends the Shilling rocking past Ksh.108 mark
By Kepha Muiruri, 1105, July 23, 2020 (EAT)
The Kenya shilling has sunk to a new low having breached the Ksh.108 mark against the US dollar on Wednesday. The Central Bank of Kenya (CBK) quote...

Central Bank of Kenya (CBK) , shilling
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 ...

COVID-19 , Kenya Revenue Authority (KRA) , National Treasury
Kenyan Ceda Ogada named new IMF secretary
By Kepha Muiruri, 1020, July 16, 2020 (EAT)
The International Monetary Fund (IMF) has named Ceda Ogada as its next Secretary and Director of the Secretary’s Department. Mr. Ogada has been w...

Ceda Ogada , IMF , Kristalina Georgieva
Covid-19: Ailing economy forces Uhuru’s hand in re-opening country
By Kepha Muiruri, 1753, July 6, 2020 (EAT)
Caught between a rock and a hard place in reviewing existing COVID-19 mitigation measures, President Uhuru Kenya inclined on easing the pressure place...

COVID-19 , Kenya's economy , President Uhuru Kenyatta
How businesses in East Africa can emerge stronger from COVID-19 pandemic – Report
By Citizen Reporter, 928, June 24, 2020 (EAT)
Governments in the East African region are being advised to come up with additional measures including incentives to enable businesses capitalize on o...

Boston Consulting Group
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
OPINION: COVID-19 response is everyone’s business
By Guest Writer, 2008, June 11, 2020 (EAT)
The specter of COVID-19 has developed from a public health emergency to a global economic crisis. In Africa, despite relatively low infection rates...

AMREF , coronavirus , COVID-19
Budget day: Yatani’s budget of pain
By Kepha Muiruri, 920, June 11, 2020 (EAT)
In just a few hours, Treasury Cabinet Secretary Ukur Yatani is expected to walk down the steps of the planning ministry to head into the National Asse...

2020/2021 budget , CS Ukur Yatani , National Treaasury
Kenya’s dollar reserves rise to a 9-month high following external funding
By Kepha Muiruri, 1513, June 8, 2020 (EAT)
Kenya’s dollar reserves rose to a nine-month high of Ksh.986.7 billion last week following the receipt of recent external funding. The observed r...

Central Bank of Kenya (CBK) , FX reserves
CBK leaves benchmark lending rate at 7 percent
By Kepha Muiruri, 1817, May 27, 2020 (EAT)
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at seven percent breaking the recent cycle of cuts to support the economy. ...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR)
IMF backs dividend withdrawals by banks
By Kepha Muiruri, 1636, May 27, 2020 (EAT)
The International Monetary Fund (IMF) has backed the halting of dividend payments and share buy backs by banks in response to the Covid-19 pandemic. ...

dividends , International Monetary Fund (IMF)
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...

Kenya's debt , National Treasury