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Kenya seeks external debt advisor ahead of new Eurobond
By Kepha Muiruri, 1458, April 20, 2021 (EAT)
The National Treasury has sought to onboard a sovereign debt advisory firm ahead of its return to the Eurobond market later in the year. In a tende...

debt , Eurobond , Treasury
Kenya is using Ksh.2.6 billion daily to pay debt, the same amount it borrows
By Kepha Muiruri, 1347, April 17, 2021 (EAT)
Kenya is now using Ksh.2.6 billion daily to pay off its outstanding debt according to a new analysis of government spending by Citizen Digital. Thi...

Kenya's debt distress , National Treasury , taxes
CMA goes after Imperial Bank directors in probe on botched bond offer
By Kepha Muiruri, 1757, April 15, 2021 (EAT)
The Capital Markets Authority (CMA) has initiated enforcement proceedings against former board members of Imperial Bank over their failure to oversigh...

Capital Markets Authority (CMA) , imperial bank limited
Man suspected of defiling his 6-year-old daughter arrested in Kisii
By Citizen Reporter, 856, April 12, 2021 (EAT)
A man who is suspected of defiling his 6-year-old daughter a week ago in Megogo village, Marani, Kisii County, was on Sunday afternoon arrested. ...

defiled , defilement
President Uhuru Kenyatta condoles with the El-Maawy family
By PSCU, 1229, April 11, 2021 (EAT)
President Uhuru Kenyatta has sent a message of condolence to the family, relatives and friends of Mama Shariffa El-Maawy who passed away Sunday mornin...

El Maawy
List of shame: Bungoma, Meru top in misuse of COVID-19 funds from WB
By Sam Ogina, 1203, April 11, 2021 (EAT)
The report on utilization of COVID-19 funds has red flagged Bungoma County for misappropriating over Ksh. 20million meant for fighting the pandemic. ...

bungoma , coronavirus
Kenya’s debt carrying capacity weakens: IMF report
By Kepha Muiruri, 1347, April 9, 2021 (EAT)
The International Monetary Fund (IMF) has trimmed Kenya’s ability to carry debt from strong to medium based on weakening growth, export metrics. ...

International Monetary Fund (IMF) , Kenya's debt distress , National Treasury
Cut the debt of poor countries, Pope Francis tells IMF and World Bank
By Reuters, 1203, April 9, 2021 (EAT)
Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need to have their debt burden reduced ...

debt , IMF , loan , Pope Francis
Uhuru calls for more trade and investment deals among OACPS countries
By PSCU, 904, April 9, 2021 (EAT)
President Uhuru Kenyatta has called for more trade and investment deals among member countries of the Organization of African, Caribbean and Pacific S...

OACPS , Trade
Kenya in talks for Ksh.82 billion World Bank loan
By Kepha Muiruri, 1401, April 8, 2021 (EAT)
The National Treasury is in talks for the disbursement of a fresh Ksh.82 billion ($750 million) from the World Bank before the end of June. The fac...

CS Ukur Yatani , National Treasury , World Bank
Kenya now in line to take up nearly Ksh.800 billion in Eurobonds
By Kepha Muiruri, 1826, April 7, 2021 (EAT)
Kenya is in line to take up nearly Ksh.800 billion in Eurobonds over the next 18 months as it marks its return to the international commercial debt ma...

Eurobond , external borrowing , International Monetary Fund (IMF) , National Treasury
IMF asks Kenya to limit support to struggling State corporations
By Kepha Muiruri, 1658, April 7, 2021 (EAT)
The International Monetary Fund (IMF) has asked the National Treasury to limit its support to struggling State owned enterprises (SOEs) as part of new...

International Monetary Fund (IMF) , National Treasury , State corporations.
Kenya’s debt will stand at Ksh.10.6 trillion in June 2025
By Kepha Muiruri, 1524, April 6, 2021 (EAT)
Kenya’s stock of debt will have shot up to Ksh.10.6 trillion by the close of June 2025 according to estimates by the National Treasury. This mean...

IMF , Kenya's debt , National Treasury
Kenyans up in arms over Ksh.257 billion IMF loan to Gov’t
By Citizen Reporter, 1120, April 6, 2021 (EAT)
Kenyans are up in arms over continued borrowing by the government. Two days after the International Monetary Fund (IMF) approved the disbursement...

COVID-19 , GoK , IMF , Petition
Kenya pushes IMF to soften loan support terms
By Kepha Muiruri, 948, April 3, 2021 (EAT)
Kenya has pushed the International Monetary Fund (IMF) to soften terms attached to its loan support programs. The push by Kenya which preceded the ...

debt , IMF , Treasury
Kenya shilling rallies to its highest since December
By Kepha Muiruri, 940, April 3, 2021 (EAT)
The Kenyan shilling is now trading at its highest rate against the United States dollar since December last year. On Thursday for instance, the loc...

CBK , shilling
IMF board approves Ksh.255B loan, initial Ksh.33.5B to be issued in a few days
By Kepha Muiruri, 1031, April 3, 2021 (EAT)
The International Monetary Fund (IMF) has approved a 38-month program which will see Kenya receive a total of Ksh.255.1 billion ($2.34 billion) in loa...

Eurobond , International Monetary Fund (IMF) , Kenya's debt distress , World Bank
Kenya Power suspends plans to raise cost of electricity
By Citizen Reporter, 1541, April 2, 2021 (EAT)
Kenya Power has abandoned the quest to raise its electricity tariff to customers offering a relief to consumers who had opposed the plans According t...

Kenya Power profit
Four top officers at Real People Kenya Limited fined over misuse of public funds
By Kepha Muiruri, 819, April 3, 2021 (EAT)
The Capital Markets Authority (CMA) has imposed fines on four executives of Real People Kenya Limited (RPKL) over the misappropriation of publicly rai...

Real People Kenya Limited
Database reveals secrets of China’s loans to developing nations, says study
By Reuters, 1634, March 31, 2021 (EAT)
The terms of China’s loan deals with developing countries are unusually secretive and require borrowers to prioritise repayment of Chinese state-own...

china , debt , loan