National Treasury
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Markets
Treasury taps a mere Ksh.15 billion from October Bonds against Ksh.40 billion auctioned
The National Treasury managed to tap a mere Ksh.15.1 billion from the October Bonds against a Ksh.40 billion auction that…
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Economy
CBK distances itself from Gachagua’s remarks over forex reserve shortage in Kenya
The Central Bank of Kenya (CBK) took issue with remarks made by the Deputy President Rigathi Gachagua over foreign Exchange…
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Economy
Kenya’s budget to drop 9% to Ksh.3.01 trillion as Ruto rethinks strategy to shrink debt
Kenya’s 2022/23 National Budget will drop by 9 percent to Ksh.3.01 trillion from the current Ksh.3.31 trillion as President William…
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Economy
Profile of Prof. Ndungu, Kenya’s new Treasury CS
President William Ruto appointed his cabinet Tuesday which will help him deliver on Hustler narrative he pledged during campaign trail…
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Economy
National Treasury allocates Ksh.200 million for Ruto’s swearing-in fete
The swearing-in ceremony of President-elect William Ruto and his deputy-elect Rigathi Gachagua will cost taxpayers Ksh.200 million. This is according…
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Corporate
Treasury seeks to restructure Ksh57 billion KQ loan
The National Treasury is seeking to restructure Ksh.57.4 billion worth of publicly guaranteed loans issued to national carrier Kenya Airways…
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Economy
Kenya’s debt ceiling shoots to Ksh.10 trillion after Senate approval
Kenya’s debt ceiling shot to Ksh.10 trillion Tuesday following approval by the Senate. The National Treasury Cabinet Secretary Ukur Yatani…
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Markets
Kenya seeks Ksh.25 billion to fill up borrowing gap by June 23
Kenya is now seeking an additional Ksh.25 billion from the Treasury Bonds to fill up the local borrowing gap before…
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Markets
Kenya drops Ksh.124 billion Eurobond for syndicated loan
Kenya has cancelled the planned Ksh.124.3 billion Eurobond which was set for July and is instead going for a syndicated…
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Economy
Debt servicing to take up 66% of Kenyans’ Ksh.1.7 trillion in taxes
Kenya’s public debt has ballooned to Ksh.8.4 trillion record high as President Uhuru Kenyatta prepares to vacate office in August,…
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