The Parliamentary Budget Office warns this could breach public finance management laws, even as the Controller of Budget refuses to approve the withdrawals.
Kenya has paid Sh123 billion to clear all pending road bills dating to 2005, financed by commercial bank loans.
Commercial banks are aggressively pursuing affluent investors, using their cross-market expertise to position themselves as wealth managers, not just lenders. In this episode, presented ...
Asahi will buy the stake for $646 million (Sh83.29 billion), taking Diageo’s pay from the deal to Sh386.8 billion.
The Capital Markets Authority (CMA) has queried and pushed East Africa Breweries Limited (EABL) to explain the brewer's ...
There is African country that has done PPP-funded power transmission lines but Africa50 made a case that we can try a pilot ...
Kenya has failed to meet 11 key conditions to enable the release of new financing from the Washington DC development-focused ...
Kenya’s total debt stood at Sh11.81 trillion in June 2025, according to the Treasury data, 11.66 percent growth over Sh10.58 ...
The bravery of people with two left legs never fails to entertain. But what can we say, the man who counts is the man in the ...
The SGR loans were initially set to be repaid by 2035, with Kenya paying both the principal and interest to China Exim Bank.
The early years of fintech in Africa were defined by explosive growth; more users, more transactions, more apps. The next ...
Shorts From Africa are looking to put “Index One” on tour in Mombasa, Nakuru and other parts of the country before hopefully ...