×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Treasury's renewed appetite for local loans to hurt firms

Vocalize Pre-Player Loader

Audio By Vocalize

National Treasury CS John Mbadi (centre), Principal Secretary Chris Kiptoo (left) and Institute Of Public Finance CEO James Muraguri during the 2025 medium-term debt management strategy in Nairobi, on March 26, 2025. [Wilberforce Okwiri, Standard]

Kenyan businesses face significant challenges in accessing credit due to high lending rates, a situation that could further be exacerbated by the government's growing appetite for borrowing locally.

This is as the National Treasury plans to crank up borrowing from local banks in the coming years, crowding out the private sector.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Sports
Kirimi powers to glory at VetLab Club event
Sports
Strathmore Swords bounce back to slice Eldonets in league battle
Sports
K'Ogalo silence Muranga Seal to move one win away from title
By AFP 3 hrs ago
Sports
African stars in Europe: Antoine Semenyo wins it for City