Kenya’s Senate Raises Debt Ceiling to Kes 10 Trillion.
Kenya's debt ceiling could soon hit Kes 10 trillion. This is after the Senate gave the country's treasury the green ...
Read moreKenya's debt ceiling could soon hit Kes 10 trillion. This is after the Senate gave the country's treasury the green ...
Read moreKenya will spend Kes. 1.36 trillion equivalent to 63% of projected revenue in the current fiscal year to service the ...
Read moreAnalysis indicates that despite shifting borrowing from short-term debt instruments to medium and long-term instruments, Kenya's domestic debt stock has ...
Read moreKenya has received a Kes 16.67 billion ($150 million) loan from World Bank to support local communities hard hit by ...
Read moreThe National Treasury has given the Capital Markets Authority (CMA) powers to oversee all investment funds formally solicited from the ...
Read moreThe National Treasury has successfully raised $1 billion by issuing a 12-year Eurobond in the international financial markets in a ...
Read moreKenya has appointed Citi and JP Morgan as joint book-runners for a dollar-denominated sovereign bond issue, and I&M Bank and ...
Read moreKenya has received a $750 million loan from the World Bank to support its budget and help the East African ...
Read moreThe Kenyan economy is expected to rebound to 6.6 percent in 2021 reinforced by the prevailing stable macroeconomic environment and the ...
Read moreKenya's Budget and Appropriations Committee of the National Assembly is proposing an upward review of the debt ceiling to enable ...
Read moreCognizant of the continued evolution of the COVID-19 pandemic and its resultants effects on the economy, the IMF has trimmed ...
Read moreKenya’s Public Debt Stock is forecasted to reach Kes 7.8 trillion at the end of the 2020/21 fiscal year and ...
Read moreKenya is expected to raise its debt ceiling of kes 9 trillion to accommodate growing expenditure needs amid underperforming tax ...
Read moreKenya's treasury aims to raise Kes 123.8 billion from sovereign bonds sold to foreigners in the next four months and ...
Read moreThe International Monetary Fund (IMF) on Monday said it will soon disburse Kes 262.69 billion (USD 2.4 billion) to the ...
Read moreKenya Airways has received Kes 10 billion from the National Treasury in a secret bailout. This comes as a contradiction ...
Read moreLeading power producer, Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Kes 1,153,856,022 in dividends for the ...
Read moreKenya’s economy is projected to recover and grow by 6.4% in 2021. In a draft of the 2021 budget policy Statement by ...
Read moreKenya's total debt jumped to 65.6% of gross domestic product in June 2020 from 62.4% a year earlier, the World ...
Read moreOverall, the global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout ...
Read moreFDI contributed 62,876 jobs in Uganda accounting for (18.2%) of total jobs created, while FDI into Tanzania created 46,765 jobs ...
Read moreBeginning 1st January 2021, the Corporate Tax rate will revert to 30% from the current 25%, same as Individual Income tax ...
Read moreThe slow recruitment process has however been evident at the capital markets regulator with Paul Muthaura having also served first ...
Read moreBudget deficit in the three months that ended in September grew to Kes. 131.7 billion compared to Kes. 123.5 billion ...
Read moreOrdinary revenues are now projected to decline by Kes 28 billion to Kes 1.60 trillion in the current financial year.
Read moreCargo tonnage increased from 64,238 tons to 68,264 tons, representing a 6.3 percent growth. Operating costs surged 12.4 percent to ...
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