Yet, Kenya's debt burden looms large at Ksh11.6 trillion, with President Ruto's administration betting on the National Infrastructure Fund (NIF) and Sovereign Wealth Fund (SWF) to generate capital to ...
NAIROBI (Reuters) -Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the government leans on the domestic debt market to fund its ...
bne IntelliNews on MSN
Kenya seeks $824mn from pipeline company privatisation as debt pressures mount
Kenya has launched the privatisation of Kenya Pipeline Company (KPC), targeting about $824mn from an IPO that would sell a 65% stake, as the government seeks fresh funding for infrastructure and to ...
Fitch Ratings has joined Moody’s in revising Kenya’s outlook to negative, making it even harder for the country to grab a debt payment review offer from G-20 countries. However, the rating agency ...
Business Daily Africa on MSN
Kenya’s debt servicing costs hit Sh942bn in first half
Kenya’s debt servicing costs jumped 44.1 percent in the first half of the current financial year, increasing pressure on public finances as repayments consumed more than 80 percent of all taxes ...
Yields on Kenya’s short-term domestic debt securities have room to move lower after halving in the past year as the central bank continues its easing cycle, according to company executives. Returns ...
NAIROBI, May 27, 2025—Kenya’s public debt remains at high risk of distress, with interest payments absorbing about a third of tax revenue. Reforms to strengthen fiscal sustainability in an equitable ...
The International Monetary Fund plans an in-depth review of Kenya’s debt to determine the nation’s financing needs under a new program. A debt sustainability analysis will be conducted “by the time of ...
Kenya's startling KSh344.4 billion ($2.58 billion) increase in external debt gives context to the effects of a weakening shilling, whose exchange rate against the dollar has plummeted to a historic ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results