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Eyes on new-loans growth as CBK stages rate meeting
By Kepha Muiruri, 1505, June 24, 2020 (EAT)
The focus of the Central Bank of Kenya (CBK) is expected to be on the growth of loans to Kenyans when it hosts its policy setting meeting on Thursday....

Central Bank of Kenya (CBK) , government borrowing , private sector credit
Treasury ends annual local borrowing program on a high, raises Ksh.49 billion
By Kepha Muiruri, 1055, June 18, 2020 (EAT)
The National Treasury has closed its local borrowing program for the year ending June 30 on a high, raising Ksh.49.3 billion against a target of Ksh.4...

Central Bank of Kenya (CBK) , domestic borrowing , National Treasury
DIAZ: 2020/2021 Kenya budget a short in the arm for local industry in advent of COVID-19
By Guest Writer, 1538, June 13, 2020 (EAT)
In spite of having featured as one of the four thematic development pillars for Kenya over the medium, manufacturing has been seen by many observers t...

budget , coronavirus , kicotec , PPEs
China-Africa blanket debt forgiveness not in the cards
By VOA, 1146, June 3, 2020 (EAT)
As China tightens its belt economically in response to the coronavirus, African leaders are anxious about the future of infrastructure projects, trade...

china
CBK falls short of goal to switch Treasury bill investors to bonds
By Kepha Muiruri, 1554, May 28, 2020 (EAT)
The Central Bank of Kenya (CBK) has fallen short of its goal to switch Treasury bill (T-bill) investors to bonds in its quest to relieve pressure of t...

Central Bank of Kenya (CBK) , domestic borrowing , National Treasury
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
CBK seeks to switch T-bill investors to bonds in Covid-19 led pressure
By Kepha Muiruri, 1446, May 16, 2020 (EAT)
The Central Bank of Kenya (CBK) has sought to switch Treasury bill (T-bill) investors to bonds with a view to provide relief to exchequer upcoming red...

Central Bank of Kenya (CBK) , Kenya domestic debt
Coronavirus pandemic deepens Kenya’s debt wound
By Kepha Muiruri, 1204, May 14, 2020 (EAT)
The Covid-19 pandemic has added salt to Kenya’s long existing debt wound pushing the country closer to the edge of the cliff. This is as the glob...

coronavirus , debt , Ukur Yatani
Kenya’s debt burden pushes country into negative credit rating
By Kepha Muiruri, 1240, May 8, 2020 (EAT)
Kenya’s rising debt burden has pushed the country’s credit rating outlook into the negative from a previous stable rating. Global based Moody�...

Kenya's debt , National Treasury
Kenya receives Ksh.78 billion IMF loan to address Covid-19 pandemic
By Kepha Muiruri, 1148, May 7, 2020 (EAT)
The International Monetary Fund (IMF) Executive Board approved the disbursement of Ksh.78.3 billion ($739 million) in emergency funding to Kenya on We...

Covid-19 pandemic , International Monetary Fund (IMF) , Kenya's debt
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...

labour day
Kenya in line to save Ksh.244 billion from debt restructure – World Bank
By Kepha Muiruri, 1141, April 15, 2020 (EAT)
Kenya stands in line to realize gains of up to Ksh.243.6 billion ($2.3 billion) from the suspension of all 2020 loan repayments to its external credit...

IMF , Kenya's debt , National Treasury , World Bank Group
African economies to lose Ksh.6.3 trillion from coronavirus hit: World Bank
By Kepha Muiruri, 1528, April 9, 2020 (EAT)
Economies in Sub-Saharan Africa are set to slide into recession for the first time in 25 years as the region takes a hit from the coronavirus crisis. ...

coronavirus crisis , IMF , Kenyan economy , World Bank
Treasury raises Ksh.22.9 billion in March bond sale
By Kepha Muiruri, 1843, March 19, 2020 (EAT)
The National Treasury has raised a total of Ksh.22.9 billion in new borrowing through its March bond sale. The near month long auction saw bids wor...

domestic borrowing , National Treasury
Coronavirus: Investors move funds to National Treasury
By Kepha Muiruri, 1012, March 14, 2020 (EAT)
Jitters surrounding the coronavirus outbreak has pushed investors into packing more funds in the National Treasury as participants flee the alternativ...

coronavirus , government borrowing
Kenyan economy braces for impact after first coronavirus case
By Kepha Muiruri, 1009, March 14, 2020 (EAT)
The local economy is bracing for an unprecedented impact with the first case of the novel coronavirus that was reported on Friday. Economic risks h...

CBK , coronavirus
Wendy’s boss in Lebanon found her preparing dinner. Moments later, she was told to never touch food with her bare, black hands again
By CNN, 1101, February 29, 2020 (EAT)
Wendy’s boss glared at her as she chopped coriander. Stone-faced and angry, he charged out of the kitchen to speak with his wife. Moments later, ...

domestic workers , Lebanon , migrant workers
Global concerns including Coronavirus wipe out Ksh.91B from NSE in two days
By Kepha Muiruri, 2014, February 26, 2020 (EAT)
Investors at the Nairobi Securities Exchange (NSE) have seen the wiping out of an excess of Ksh.91 billion in just two days as participants registered...

Central Bank of Kenya (CBK) , Nairobi Securities Exchange (NSE) , NSE 20
Inside Treasury’s 2020/2021 Ksh.2.91 trillion budget
By Kepha Muiruri, 1911, February 17, 2020 (EAT)
The National Treasury has presented spending estimates totaling Ksh.2.91 trillion to the National Assembly for approval ahead of the commencing of the...

2020 Budget Policy Statement , 2020/2021 financial year , National Treaasury
Despite tough talk, Gov’t yet to deliver on planned austerity measures
By Kepha Muiruri, 2022, February 13, 2020 (EAT)
Despite talking tough on implementing far reaching budget cuts, the government has found it tough going to sustain the austerity walk as doubts on fis...

austerity , fiscal consolidation , National Treasury