Forex reserves drop by Sh27b after debt repayment to China
NEWS
Central Bank attributes the dip between July 15 and 21 to a sharp increase in external debt service costs estimated at Sh39.6 billion.
By Dominic Omondi | 6 days ago
Pain for Kenyans as Treasury borrows Sh1 trillion in one year
Debt repayment pressure has forced the government to increase taxes on basic items.
Dominic Omondi | 13 days ago
Depositors withdraw Sh34b from dollar accounts as Shilling firms
Kenyans withdrew Sh34.2 billion from their dollar accounts in two months as confidence in the local currency went up.
Dominic Omondi | 15 days ago
Jimmy Wanjigi in court over alleged Sh1.37 million clothes debt
Jimmy Wanjigi allegedly acquired five pairs of designer trousers and two jackets from Fazal, whose parent company is Ravello Limited.
Kamau Muthoni | 17 days ago
One of Kenya’s high-end real estate companies an...
By Kamau Muthoni | Jul 12, 2021
After 7 months of failing to pay for the dreadlock...
By Vincent Kejitan and Solomon Koko | Jul 09, 2021
In an ideal world, other political formations ough...
By Ken Opalo | Jul 09, 2021
Tom Mboya had good ideas on transforming Kenya int...
By Hudson Gumbihi | Jul 06, 2021
Save for emergencies and unforeseen events like su...
By Judith Mwobobia | Jul 05, 2021
The National Treasury is in a spot over the accura...
By Macharia Kamau | Jul 02, 2021
Kenya is set to abandon the current Sh9 trillion l...
By Dominic Omondi | Jun 29, 2021
The Sh3.66 trillion 2021/22 national budget has ra...
By Joseph G. Muthama | Jun 29, 2021
Move has left local investors, particularly commer...
By Dominic Omondi | Jun 28, 2021
It recently emerged that public universities are r...
By Kariuki Waihenya | Jun 19, 2021
Generally, too much borrowing is not good. Taking ...
By Editorial | Jun 13, 2021
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