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Kenya’s economic rebound tied to COVID-19 vaccine access
By Kepha Muiruri,
1010, December 18, 2020 (EAT)
The potential rebound of Kenya's economy in 2021 has been tied down to the access of COVID-19 vaccines and their eventual distribution. According t...
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Women in Business: Rose Mwebi fights to stay afloat amid COVID-19
By Dorcas Wangira,
1054, October 31, 2020 (EAT)
Rose Mwebi, 42, steels herself everyday to keep her business ventures in Kenya's Kisii County afloat at the time of a global pandemic. She cannot a...
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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...
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OPINION: Employed by nature
By Guest Writer,
1511, May 8, 2020 (EAT)
By Nancy Githaiga How many times are you asked these questions? unafanya kazi wapi? (where do you work?) or Uko wapi siku hizi? (where are you nowa...
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Treasury sees 2020 economic growth at its slowest since 2008 post-election violence
By Kepha Muiruri,
1542, April 28, 2020 (EAT)
The National Treasury has revised its 2020 economic growth estimate to a range of 1.8 percent to 2.5 percent. The expected decline in growth is att...
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Kenya’s economic growth slows to 5.4pc as formal job creation shrinks
By Kepha Muiruri,
1331, April 28, 2020 (EAT)
Kenya's economic growth slowed down to 5.4 percent across 2019 from 6.3 percent in 2018, new data shows. The data from the Kenya National Bureau of...
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Experiment on interest rate caps perhaps the worst policy decision in Kenya’s history: study
By Kepha Muiruri,
952, January 15, 2020 (EAT)
Small and Medium Enterprises (SMEs) missed out on average Ksh.300 billion in credit/loans from commercial banks on each year that followed the placing...
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U.S. Gov’t says Nairobi-Mombasa expressway will not up Kenya’s debt
By Citizen Reporter,
1844, November 1, 2019 (EAT)
The United States has rubbished reports claiming that the Nairobi-Mombasa expressway project will saddle Kenya with unsustainable debt. A statement...
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Treasury seeks to fix Kenya’s debt problem with new borrowing cap
By Kepha Muiruri,
1125, September 28, 2019 (EAT)
The National Treasury has set out on placing an absolute figure on Kenya’s debt accumulation with a view to better the transparency on public debt m...
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Banking staff to get 6% pay raise in new CBA
By Kepha Muiruri,
1919, September 11, 2019 (EAT)
Bank employees are set to receive a six percent raise on their salaries following a new agreement between the Banking, Insurance and Finance Union (BI...
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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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World Bank approves Ksh.25B loan to Kenya for affordable housing
By Reuters,
1047, May 2, 2019 (EAT)
The World Bank approved a $250 million loan to Kenya to help with affordable housing in the East African nation, where many would-be home owners strug...
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Kenya’s economic growth up by 6.3%
By Kepha Muiruri,
1909, April 25, 2019 (EAT)
Kenya’s Gross Domestic Product (GDP) expanded by 6.3 percent across 2018 as the country’s key economic segments recovered from their depressed sta...
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IEA raises alarm on Kenya’s public debt
By Wangui Ngechu,
913, April 25, 2019 (EAT)
Economists at the Institute of Economic Affairs (IEA) have urged President Uhuru Kenyatta to make a renegotiation on Kenya's loan terms with Beijing a...
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Keter takes another swipe at DP Ruto over maize-avocado farming remarks
By Allan Irungu,
1801, April 19, 2019 (EAT)
Nandi Hills MP Alfred Keter claims that the maize shortage experienced in the country should be blamed on cartels. In a statement on Thursday, the ...
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World Bank contradicts Gov’t economic outlook, says growth to slow in 2019
By Kepha Muiruri,
1504, April 9, 2019 (EAT)
Kenya’s economic growth is expected to marginally ease in 2019 owing largely to jitters in agricultural productivity from the delayed onset of long-...
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Kenya’s domestic debt refinancing risks rise as more bonds mature
By Reuters,
838, February 19, 2019 (EAT)
The government faces increased refinancing or roll over risks as more domestic bonds mature within the next year than in the past year, the ministry o...
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Kenya struggles to give life to Konza, futuristic ‘Silicon Savannah’
By VOA,
1228, January 2, 2019 (EAT)
Laborers milled around an unfinished eight-story building in an expansive field in Konza dotted with zebra and antelope. This is the only visible s...
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Kenya likely to default on debt repayments, IMF warns
By Reuters,
1503, October 24, 2018 (EAT)
Kenya's risk of defaulting on debt repayments has increased to moderate from low, the International Monetary Fund (IMF) said. IMF cited the governm...
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Uhuru directs Energy CS Keter to review electricity charges
By Ian Omondi,
1820, October 16, 2018 (EAT)
President Uhuru Kenyatta has directed Energy Cabinet Secretary Charles Keter to review electricity tariffs within one month to ensure the cost of pow...
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