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Kenya debt repayment pain to worsen in July after break

BUSINESS NEWS

Projections show country’s obligations in the next financial year to rise to Sh436 billion, up from Sh406 billion previously.

Kenya debt repayment pain to worsen in July after break

By Dominic Omondi | 2 months ago

Yatani seeks a way out of loans sunk in white elephant projects

Yatani seeks a way out of loans sunk in white elephant projects

With no more wiggle room, Treasury is seeking cancellation of debts arising from programmes that haven’t paid off.

Dominic Omondi | 2 months ago

Loan repayment break to free up cash for pressed counties

?Treasury has prioritised disbursements to devolved units from expected savings of Sh60 billion.

Dominic Omondi | 2 months ago

Kenya’s total debt rose to Sh6.65 trillion in May

At Sh6.65 trillion, this means that every Kenyan now owes creditors Sh139,705.

Dominic Omondi | 8 months ago

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