Tag: Debt

Kenya Power has paid KES 7.9 billion of the KES 8.17 billion it owed to US energy firm Ormat Technologies, ...

Jimmy Wanjigi, a prominent Kenyan opposition figure and former presidential aspirant, has alleged that a significant portion of Kenya's national ...

The National Treasury's decision to allocate over KES 2.5 billion of public funds to cover import taxes for a private ...

A special audit of Kenya's external loan servicing has uncovered significant shortcomings in the country's loan contracting process, raising concerns ...

A High Court judge on 8th July 2024 issued a temporary injunction against the establishment of Kenya's public debt audit taskforce, pending a ...

Moody's Investors Service has downgraded Kenya’s local and foreign-currency long-term issuer ratings and foreign-currency senior unsecured debt ratings to Caa1 ...

Kenya’s rising public debt has significant implications for the economy and overall financial stability. Here are some effects: Debt Service ...

Ghana, the West African nation known for its rich gold and cocoa production, has recently taken significant steps to address ...

Kenya, like many other countries, faces the challenge of supporting financially distressed companies, especially in the aftermath of economic disruptions ...

Kenya's ballooning public debt servicing costs are set to constrict the nation's fiscal maneuverability, hampering its ability to finance critical ...