60 h. ago Kenya Enters Top 10 Global IMF Borrowers as Debt Hits KSh 519.8 Billion

Kenya Enters Top 10 Global IMF Borrowers as Debt Hits KSh 519.8 Billion  KDRTV

Economics

69 h. ago Trump's Goodies for Kenya as US Body Swaps Ksh129 Billion Debt for Relief Food

Trump's Goodies for Kenya as US Body Swaps Ksh129 Billion Debt for Relief Food  LinkedIn

Politics

3 d. ago National Infrastructure Fund signals Kenya’s pivot from debt to investment – PS Chris Kiptoo

National Infrastructure Fund signals Kenya’s pivot from debt to investment – PS Chris Kiptoo  People Daily

Economics

3 d. ago Rising debt burden shrinking govt spending on essential services: KHRC

A new KHRC report warns that Kenya’s rising debt repayments and shrinking social budgets are depriving millions of access to health, education, and social protection services.

Economics

4 d. ago ‘Five Countries Defaulted, Kenya Didn’t’: Ruto Says His Tough Calls Averted National Shame

President William Ruto has strongly defended his administration’s tough economic measures, saying he was forced to make difficult but necessary decisions to stop Kenya from defaulting on its debts and plunging the country into global embarrassment. Speaking at State House on Tuesday while receiving the Jukwaa la Usalama report, Ruto said he remains committed to leading with honesty and transparency, especially about the financial crisis his administration inherited. “There is a job you people gave me to be the President of Kenya and that work, I want to address you about it,” Ruto told the security teams. “When someone is The post ‘Five Countries Defaulted, Kenya Didn’t’: Ruto Says His Tough Calls Averted National Shame appeared first on Nairobi Wire.

Politics

5 d. ago Ruto Says Tough Choices Were Needed to Protect Kenya From Debt Crisis

Ruto Says Tough Choices Were Needed to Protect Kenya From Debt Crisis  Dawan Africa

Events

5 d. ago World Bank raises concerns on Kenya’s rising debt amid shrinking revenue

World Bank raises concerns on Kenya’s rising debt amid shrinking revenue  People Daily

Economics

6 d. ago There is another way: Reducing debt while creating jobs in Kenya

There is another way: Reducing debt while creating jobs in Kenya  World Bank Blogs

Politics

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 Survey Shows How Kenyans Make Ends Meet Amid Economic Pressures

According to the newly released Taxpayers Perception Survey by the National Taxpayers Association, most Kenyans depend on either business ventures or employment earnings to sustain their livelihoods. The survey found that 35.6 percent of respondents earn their income from business, making entrepreneurship the country’s largest income contributor. “This highlights Kenya’s heavy reliance on the informal sector, where millions run small and micro enterprises to provide for their families,” the report notes. Formal employment is still crucial, as salaries, wages, and commissions account for 32.4 percent of household income, especially in urban areas where the structured jobs support family needs. Agriculture The post Survey Shows How Kenyans Make Ends Meet Amid Economic Pressures appeared first on Nairobi Wire.

Events

1 week ago Ndindi Nyoro Exposes Contradictions in Ruto’s State of the Nation Address

Kiharu Member of Parliament Ndindi Nyoro has poked holes in President William Ruto’s positive assessment of Kenya’s economic performance, arguing that the figures shared in recent speeches do not align with official data on the shilling, the stock exchange, construction activity, or public spending. Speaking in Parliament on November 25, 2025, Nyoro said the country deserves accurate information, not political optimism. “I will be direct to the point,” he began. “When we listen to the State of the Nation address, data should speak more than words. If you want to invest in a company, for example, you rely on financial The post Ndindi Nyoro Exposes Contradictions in Ruto’s State of the Nation Address appeared first on Nairobi Wire.

Politics

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

1 week ago Kenya’s Pyrethrum Industry Trapped in Sh 3.5 Billion in Debt: A Fallen Giant, Debt

Kenya’s Pyrethrum Industry Trapped in Sh 3.5 Billion in Debt: A Fallen Giant, Debt-Laden, But Not Dead  Dawan Africa

Economics

2 w. ago West Lothian conman wanted in Kenya over £709,000 telecoms debt

West Lothian conman wanted in Kenya over £709,000 telecoms debt  Yahoo News UK

Economics

2 w. ago Scots conman involved in £20m VAT fraud wanted in Kenya for debt to African telecoms giant

Scots conman involved in £20m VAT fraud wanted in Kenya for debt to African telecoms giant  Daily Record

Economics

2 w. ago Kenya: Ruto Pitches Infrastructure Fund As Key to Financing Kenya's Growth Without New Debt

Kenya: Ruto Pitches Infrastructure Fund As Key to Financing Kenya's Growth Without New Debt  allAfrica.com

Economics

2 w. ago Kenya’s Public Debt Climbs to Record High as Treasury Borrows KSh1.1 Trillion in One Year

Kenya’s national debt has surged to KSh11.7 trillion, marking one of its highest levels yet, after the National Treasury borrowed more than KSh1.1 trillion in the last financial year. Controller of Budget Margaret Nyakang’o revealed the alarming figures in her report to the National Assembly’s Committee on Public Debt and Privatisation. Nyakang’o told lawmakers that the country’s stock of public debt rose sharply from KSh 10.6 trillion in 2023/24 to KSh 11.7 trillion in 2024/25, largely driven by increasing fiscal deficits and pressure from a weakening shilling. “Kenya’s total gross public debt stock for 2024/25 is estimated at Sh11.7 trillion The post Kenya’s Public Debt Climbs to Record High as Treasury Borrows KSh1.1 Trillion in One Year appeared first on Nairobi Wire.

Politics

4 w. ago Kenya’s Public Debt Near Crisis Levels as AfDB Pushes for Governance and Policy Overhaul

Kenya’s Public Debt Near Crisis Levels as AfDB Pushes for Governance and Policy Overhaul  Devdiscourse

Events