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ELECTION 2022

It’s time we addressed the question of public debt with brutal honesty

NATIONAL

Eventually, every penny borrowed by government must be repaid with taxes either in the medium or long-term.

It’s time we addressed the question of public debt with brutal honesty

By Patrick Muinde | 1 month ago

Enter the Chinese dragon puffing a fire of billions and corruption

Enter the Chinese dragon puffing a fire of billions and corruption

Chinese billions also come with a fair share of problems, especially during President Kenyatta’s first term when more loans flowed in from Beijing.

Dominic Omondi | 1 month ago

Heavy burden of repaying SGR China loans weighs on shilling

Data from Treasury and World Bank shows there were increased debt payments starting July with local currency exchanging at a historic low of Sh112.89.

Dominic Omondi | 5 months ago

Forex reserves drop by Sh27b after debt repayment to China

Central Bank attributes the dip between July 15 and 21 to a sharp increase in external debt service costs estimated at Sh39.6 billion.

Dominic Omondi | 9 months ago

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