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