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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.

Forex reserves drop by Sh27b after debt repayment to China

By Dominic Omondi | 6 days ago

Pain for Kenyans as Treasury borrows Sh1 trillion in one year

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

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