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Coronavirus: CBK seeks Ksh.116 billion in emergency support from World Bank and IMF
By Benjamin Muriuki,
1415, March 24, 2020 (EAT)
The Central Bank of Kenya (CBK) is seeking in excess of Ksh.116.6 billion in emergency support from the World Bank and IMF to strengthen Kenya’s res...
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Bank of America projects Kenya’s potential Eurobond to outperform peers
By Kepha Muiruri,
1810, February 5, 2020 (EAT)
Kenya is more receptive of investments to its external debt market issues placing the country at the peak of regional Eurobond issuers, a new report s...
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‘We don’t need the IMF telling us what to do,’ says CBK boss
By Kepha Muiruri,
2045, January 28, 2020 (EAT)
The Central Bank of Kenya (CBK) has downplayed the recent assessment of Kenya’s fiscal management by the International Monetary Fund (IMF) insisting...
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Treasury admits to intangible economic growth returns to Kenyans
By Kepha Muiruri,
2129, January 15, 2020 (EAT)
The National Treasury has admitted to lack-lustre economic growth by conceding to Kenyans' feelings of intangible growth in recent years. According...
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Bank stocks set to drive NSE Bull Run
By Kepha Muiruri,
2002, January 13, 2020 (EAT)
The large capped banking sector stocks are set to drive the recovery in stock valuations at the Nairobi Securities Exchange (NSE) with analysts holdin...
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2019 Review: Treasury gets free pass on new borrowing
By Kepha Muiruri,
1131, December 29, 2019 (EAT)
In a complete mirror opposite to his predecessor, Acting National Treasury CS Ukur Yatani threw in the towel on Kenya’s debt sustainability claims. ...
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CBK: Shilling has largely been undervalued
By Kepha Muiruri,
1213, December 9, 2019 (EAT)
The Central Bank of Kenya (CBK) has reignited its tiff with the International Monetary Fund (IMF) by disapproving the institution’s stance of the sh...
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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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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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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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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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