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Thousands to lose jobs as IMF clean-up of State firms begins

NEWS

The purge of cash-strapped State-owned enterprises driven by the IMF has started in earnest, with thousands of workers expected to lose their jobs.

Thousands to lose jobs as IMF clean-up of State firms begins

By Dominic Omondi | 20 days ago

State abandons Sh9 trillion debt ceiling rule

State abandons Sh9 trillion debt ceiling rule

Kenya is set to abandon the current Sh9 trillion legal ceiling of debt issuance and revert to one that is pegged on the gross domestic product (GDP).

Dominic Omondi | 1 month ago

Cash-strapped parastatals to get Sh65b

IMF says the State-owned entities undergoing restructuring will use the money to stay afloat.

Dominic Omondi | 1 month ago

The complex economics of the misunderstood Swahili lingo

I have a perfect excuse for my struggles with the language: in our days, Swahili was not examined from primary school to high school.

XN Iraki | 1 month ago

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