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    Kenya Escalates Drought Interventions

    Kenya Escalates Drought Interventions

    This suggests that while drought risks are mounting in vulnerable counties, broader inflation pressures remain contained at the national level
    Fred
    Fred Obura
    a month ago
    MPs Demand Action Against Those Luring Kenyans to Russia-Ukraine War

    MPs Demand Action Against Those Luring Kenyans to Russia-Ukraine War

    Members of Parliament are intensifying calls for executive accountability after a National Intelligence Service (NIS) report revealed that over 1,000 Kenyan citizens have been recruited
    Brian
    Brian Nzomo
    a month ago
    Kenya's Lawmakers Favor Stronger TikTok Regulation Over Ban

    Kenya's Lawmakers Favor Stronger TikTok Regulation Over Ban

    Kenyan lawmakers have drawn a clear line in the country’s intensifying debate over social media, favouring heavier regulation over an outright ban.
    Brian
    Brian Nzomo
    a month ago
    Kenya to Buyback KSh 64.5Bn Eurobond Ahead of Fresh Dollar Bond Issue

    Kenya to Buyback KSh 64.5Bn Eurobond Ahead of Fresh Dollar Bond Issue

    Kenya has launched a US$500M (KSh 64.5B) Eurobond tender targeting its 7.25% notes due 2028 and 8.00% amortizing notes due 2032, offering premium prices as part of a liability management exercise linked to a planned new US dollar bond issue. The offer seeks up to US$150M (KSh 19.4B) of 2028 bonds and US$350M (KSh 45.2B) of 2032 notes at 103.50% and 105.50% of face value respectively, plus accrued interest. Acceptance depends on successful refinancing, with tendering investors receiving priority in allocations of the new issue.
    Harry
    Harry Njuguna
    a month ago
    Kenya Unveils KSh 80Bn Deal to Elevate Nairobi City

    Kenya Unveils KSh 80Bn Deal to Elevate Nairobi City

    The Nairobi City County Government and the National Government of Kenya have formalised a financing framework to accelerate infrastructure upgrades in the capital
    Fred
    Fred Obura
    a month ago
    How Kenya’s Public Debt is Squeezing Money Out of Health, Schools, and Social Safety Nets

    How Kenya’s Public Debt is Squeezing Money Out of Health, Schools, and Social Safety Nets

    Transforming public debt from an obstacle into an enabler of socio-economic progress requires the collective effort of all actors within the public finance ecosystem
    Cuba
    Cuba Houghton
    a month ago
    Refugees Struggle to Access Work Despite Kenya’s Progressive Laws

    Refugees Struggle to Access Work Despite Kenya’s Progressive Laws

    Kenya’s Refugee Act (2021) formally grants recognised refugees the right to work, but accessing that right has been a major challenge. 
    Fred
    Fred Obura
    a month ago
    State House, DP Overspend While Development Spending Craters

    State House, DP Overspend While Development Spending Craters

    State House and the Office of the Deputy President overspent their budgets by hundreds of millions of shillings even as Kenya diverted nearly eight out of every ten tax shillings to debt repayment
    Brian
    Brian Nzomo
    a month ago
    Finance Committee Retreats to Draft Report on Safaricom Stake Sale

    Finance Committee Retreats to Draft Report on Safaricom Stake Sale

    Public hearings on the government's proposal to offload 15% of its stake in Safaricom have closed amid mounting public concern over how the proceeds would be used
    Fred
    Fred Obura
    a month ago
    Auditor-General Warns New Turkana Oil Deal Could Diminish Government Revenue

    Auditor-General Warns New Turkana Oil Deal Could Diminish Government Revenue

    The Auditor-General has warned Parliament that the proposed changes to the fiscal terms governing oil Blocks T6 and T7 in Turkana could substantially reduce the government’s share of future petroleum revenues.
    Brian
    Brian Nzomo
    a month ago
    CBK Delivers 10th Interest Rate Cut on Stable Inflation, Lower Bad Loans

    CBK Delivers 10th Interest Rate Cut on Stable Inflation, Lower Bad Loans

    Harry
    Harry Njuguna
    a month ago
    Cabinet Backs KSh 4.7 Trillion Budget, Triggers Sweeping Reforms after Payroll Scandal

    Cabinet Backs KSh 4.7 Trillion Budget, Triggers Sweeping Reforms after Payroll Scandal

    Fred
    Fred Obura
    a month ago

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