Mother of Son Stabbed to Death Over Ksh25 Boiled Egg Debt Narrates Heartbreak
A family in Mogogosiek Village in Bomet County is in mourning after their son, Brian Moi, was killed in an altercation with a smokie vendor. According to the family, the…
Strategy helps government make informed decisions on public debt – Kenya News Agency
The government remains committed to maintaining its presence in the international financial market by refinancing existing commercial maturities and mobilizing resources for budget support, National Treasury Principal Secretary Dr. Chris…
CMC Gives Car Owners 90 Days to Clear Debt or Face Auction
A day after announcing its planned exit from the Kenyan market, CMC Motors Group has issued a 90-day deadline to car owners. In a notice dated Friday, January 18, the company…
Kenya’s External Debt Reaches Ksh5.60 Trillion Amid Rising Interest Rates
President William Ruto will continue to witness holes in his budget as high interest rates hit Kenya’s borrowing appetite. This comes as a report from the World Bank notes that…
Treasury CS Mbadi Ordered to Disclose Foreign Debt & Contracts in 45 Days
Treasury Cabinet Secretary John Mbadi has 45 days to make known to Kenyans the country's foreign debts, bonds, or contracts signed on behalf of the country. This is after a…
National, County Govts Join Hands to Settle Ksh3.5 Billion KEMSA Debt
The National and county governments on Monday reached an agreement to settle the debt owed to the Kenya Medical Supplies Authority (KEMSA). Speaking in Wundanyi, Taita-Taveta County, during an extensive…
Government to actualize second phase of coffee debt waivers – Kenya News Agency
Government is committed to clear off Sh 9 billion debts owed to financial institutions by hundreds of coffee farmers in the country, Cabinet secretary for Cooperative and Micro Small and…
Treasury Under Fire Over Ksh 160B in Unaccounted Debt Repayments
The National Treasury cannot account for Ksh160 billion spent in external debt repayment for the past three financial years, according to a new audit report. This comes as the government…