4 d. ago Why Kenya kept retail investors out of its biggest Safaricom sale yet

Why Kenya kept retail investors out of its biggest Safaricom sale yet  TechCabal

Economics

9 d. ago Editors warn media is at risk from economic strain and attacks

NAIROBI, Kenya Nov 29 – Kenya’s top editors have raised concerns over the state of the country’s media, saying rising financial pressures and attacks on journalists threaten press freedom ahead of the 2027 General Election. At the 8th Annual Editors Convention in Kilifi, Kenya Editors Guild (KEG) President Zubeidah Kananu said economic challenges, not censorship, […] The post Editors warn media is at risk from economic strain and attacks appeared first on The DailyMail- Kenya.

Events

1 week ago Governor Thugge: Kenya Must Slow Debt Growth, Diversify Investors to Protect Economy

Kenya’s soaring domestic and external debt is putting increasing pressure on the economy, Central Bank of Kenya Governor Kamau Thugge said, as repayment performance shows signs of strain. Thugge, who spoke before the Public Debt and Privatisation Committee of the National Assembly on Tuesday, admitted that though the country was still meeting its debt obligations, the increasing repayment burden had narrowed down fiscal space. The situation raises concerns over potential debt distress, increasing the possibility of default. Thugge reported that total public debt for the 2024/25 financial year stands at Sh11.8 trillion, equivalent to 69 percent of GDP, surpassing the The post Governor Thugge: Kenya Must Slow Debt Growth, Diversify Investors to Protect Economy appeared first on Nairobi Wire.

Economics

1 week ago Fiscal vulnerabilities now Kenya’s biggest economic risk, World Bank warns

Fiscal vulnerabilities now Kenya’s biggest economic risk, World Bank warns  Capitalfm.co.ke

Events

1 week ago World Bank warns Kenya’s growth faces threat from mounting debt, fiscal pressure

World Bank warns Kenya’s growth faces threat from mounting debt, fiscal pressure  People Daily

Events

1 week ago World Bank Warns Kenya’s Debt Could Raise Cost of Living and Doing Business

The Kenyan economy has reached a critical point, with high public debt and weak revenue collection continuing to squeeze the country’s fiscal space. This may raise the cost of living and deepen the cost of doing business, according to the World Bank. The warning comes in the bank’s 32nd Kenya Economic Update, released on Monday in Nairobi. The report shows that Kenya’s total public debt now stands at Sh12 trillion, equivalent to 68.7 per cent of GDP, highlighting ongoing macroeconomic vulnerabilities. “A rise in the primary deficit contributed 1.3 percentage point growth in total public debt, with domestic debt remaining The post World Bank Warns Kenya’s Debt Could Raise Cost of Living and Doing Business appeared first on Nairobi Wire.

Economics

3 w. ago Kenya’s Biggest Retailer Eyes 80% More Stores on Robust Demand

Kenya’s Biggest Retailer Eyes 80% More Stores on Robust Demand  Bloomberg.com

Politics