Kenya to receive Ksh.34.5 billion IMF loan next week: CBK

By Kepha Muiruri,

Kenya is expected to receive Ksh.34.5 billion from the International Monetary Fund (IMF) next week. The loan represents the first batch of a $2.4 b...

IMF , loan

Tanzanian President Samia Suluhu Hassan urges citizens to avoid pointing fingers

By Reuters,

Tanzania’s new President Samia Suluhu Hassan said on Friday the country should unite and avoid pointing fingers after the death of John Magufuli, ur...

magufuli , Samia Suluhu , Tanzania

Supplementary budget pushes up borrowing by Ksh.125.7 billion

By Kepha Muiruri,

The first 2020-21 supplementary budget estimates approved by the National Assembly will push up borrowing by a further Ksh.125.7 billion increasing Ke...

borrowing , Kenya's debt distress , National Treasury

Top U.S., Chinese diplomats clash at start of first talks of Biden presidency

By Reuters,

The first high-level U.S.-China talks of the Biden administration got off to a fiery start on Thursday, with both sides leveling sharp rebukes of the ...

china , US

Treasury’s headache after Parliament cuts down local borrowing

By Kepha Muiruri,

The National Treasury is facing a migraine after Members of Parliament approved proposals limiting its reliance on domestic borrowing. The proposal...

CS Yatani , domestic borrowing , Kenya's debt distress , National Treasury

Kenya’s credit rating downgraded on debt woes

By Kepha Muiruri,

Kenya has earned yet another ratings downgrade over its rising debt vulnerabilities with the Standards & Poor's (S&P) lowering the country’s...

credit rating , Kenya's debt distress , National Treasury , Standards and Poor's

China’s fleet now larger than US Navy

By CNN,

In 2018, Chinese President Xi Jinping donned military fatigues and boarded a People's Liberation Army Navy destroyer in the South China Sea. Spread...

china

Saudi de facto ruler approved operation that led to Khashoggi’s death: U.S.

By Reuters,

Saudi Arabia’s de facto ruler approved an operation to capture or kill murdered journalist Jamal Khashoggi in 2018, according to U.S. intelligence r...

Jamal Khashoggi , President Joe Biden , Prince Mohammed bin Salman , Saudi Arabia , U.S intelligence

Kenyans abroad sent home Ksh.30.5B in January: CBK

By Kepha Muiruri,

Kenyans abroad sent home Ksh.30.5 billion ($278.4 million) last month marking a continued flow in diaspora remittances at the start of the year. Ac...

CBK , Diaspora

Inside gov’t Ksh3.5 trillion 2021/22 spending plan

By Kepha Muiruri,

Kenya’s 2021/22 budget is expected to top Ksh.3.5 trillion with National Treasury divulging details to the spending plans in the 2021 Budget Policy ...

2021/22 budget , Kenya debt , National Treasury

Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond

By Kepha Muiruri,

National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...

2021 Budget Policy Statement (BPS) , CS Ukur Yatani , Kenya's debt , National Treasury

OMAR: Kenya key to Somaliland growth and push for international recognition

By Guest Writer,

Bashe Omar Awil Last December, Somaliland President Muse Bihi visited Kenya on invitation from President Uhuru Kenyatta eliciting varied reaction fro...

Diplomatic ties , kenya , President Muse Bihi , President Uhuru Kenyatta , Somaliland

Flower exporters forecast rosy Valentine’s Day

By Kepha Muiruri,

Local flower exporters expect better tidings from this year’s Valentine’s Day sales in contrast to last year. According to the Kenya Flower Cou...

COVID-19 , Kenya Flower Council (KFC) , Valentine's Day

Biden declares ‘America is back’ as he announces major foreign policy shifts

By CNN,

President Joe Biden announced "America is back" on Thursday and declared that "diplomacy is back at the center" of US foreign policy as he said the US...

Joe Biden

OPINION: U.K. can do more to strengthen security relations with Kenya

By Guest Writer,

Kenya and the United Kingdom continue to partner in key security cooperation programs exhibiting the two countries’ commitment in strengthening long...

Al Shabaab , BATUK , security , Theresa May

Revoking global gag rule will save lives, civil society says

By Citizen Reporter,

Kenyan civil society organizations (CSOs) focused on reproductive health and justice have welcomed US President Joe Biden’s decision to revoke the G...

abortion , eproductive health , global gag rule

Biden signs memorandum reversing Trump abortion access restrictions

By CNN,

President Joe Biden signed a presidential memorandum on Thursday to reverse restrictions on abortion access domestically and abroad imposed and expand...

abortion , marie stopes , PEPFAR

Treasury to borrow Ksh.1 trillion by June

By Kepha Muiruri,

The National Treasury is expected to borrow Ksh.1 trillion in the current financial year ending on June 30, 2021 following upward adjustments to spend...

borrowing , fiscal deficit , National Treasury

Chinese celebrity accused of abandoning two babies in the US

By Tonny Ndungu,

At first, it seemed like a classic celebrity romance. Zheng Shuang, 29, was one of China's most popular actresses after shooting to fame a decade a...

Japan PM vows to press ahead with Olympics despite virus surge

By Reuters,

Prime Minister Yoshihide Suga vowed on Monday to forge ahead with preparations to hold the Tokyo Olympics this summer, in the face of growing public o...

JAPAN , olympics , Prime Minister Yoshihide Suga , Tokyo