Parliamentarians have rejected Senate attempts to modify the Public Finance Management (National Assembly) (Amendment) Bill, 2023 in order to examine...
Due to the favorable rates being offered on the US financial market, African sovereigns will continue to confront high borrowing costs in the short term, making...
The World Bank has cautioned Kenya’s government about the private sector’s continued exclusion from the local debt market as a result of excessive borrowing. The multilateral...
Following worries that it would significantly add to the nation’s debt load at a time when its position has been classified as being at high risk...
The debt load inherited from previous administrations is highlighted by the government of President William Ruto’s budget of Sh7 trillion to pay debt in its first...
As a result of the government’s plan to impose an excise duty of Sh5 per kilogram of imported sugar at a time when a shortage of...
The Kenya Revenue Authority (KRA) has filed a court petition to order the freezing of funds in three bank accounts held by various Chinese companies that...
The heavy debt load of the national carrier has caused concern among potential investors for the proposed Kenya Airways (KQ) equity stake sale, making it the...
If the Cabinet approves a restructuring plan that includes financial bailouts from the Treasury, it will take at least three years for the Kenya Broadcasting Corporation...
In order to increase transparency and accountability in the use of public resources, the National Treasury has closed four transaction accounts and moved funds for government...
