Central Bank of Kenya is reopening three government bonds to raise KSh 70 billion for budgetary support, offering an average ...

In February, the CBK sought Sh70 billion from a pair of reopened infrastructure bonds, with the proceeds from that sale ...

The most lucrative of the five bonds, an 8.5-year paper issued in February 2024, pays interest at 18.46 percent.

The Central Bank of Kenya (CBK) report showed Kenya shilling remained stable, trading at kSh 129.38 per US dollar, as foreign ...

KCB, ABSA, Kenya Power and other leading companies in Kenya have reported profit growth and generous dividend payouts in ...

Kenya has abruptly reversed course by requesting the International Monetary Fund (IMF) to consider releasing Ksh103.77 ...

President William Ruto's administration has rapidly expanded its borrowing, securing KSh 440b in loans within seven months, ...

An ageing workforce in the public sector has been cited as one of the key reasons why investment firms concentrate their ...

Kenya Airways (KQ, Nairobi Jomo Kenyatta) will be required to repay USD150 million to the Kenyan government through a ...

The financial troubles bedevilling Kuscco have sent Saccos back to the drawing board as they seek to regain the trust of the ...

The IMF’s statement did not mention a Resilience and Sustainability Facility, approved for Kenya in July 2023, which had by ...

This scenario suggests that Kenya will have less time to settle its debts, and at a higher cost, further exacerbating fiscal challenges. The Controller of Budget has urged the National Treasury to ...