Kenya: Debt Burden Exposes Shilling to Exchange Rate Risks, Warns COB

Kenya's growing debt servicing burden is increasing the country's exposure to exchange rate fluctuations, with the government spending more than Sh1.35 trillion on debt repayments… Read more »

Kenya: Unpaid Govt Bills Rise to Sh465.87bn Amid Mounting Debt Ressures

Government agencies accumulated Sh465.87 billion in unpaid bills by March 31, 2026, underscoring persistent liquidity constraints even as the country's public debt stock surged to… Read more »

Kenya: Public Debt Exceeds GDP Threshold By 15 Percentage Points

Kenya's public debt rose by 9 per cent in the first nine months of the 2025/26 financial year to Sh12.82 trillion as of March 31, pushing the country further above the legal debt… Read more »

Kenya: Kenya Economy Steady At 4.6pc, but Debt and Energy Costs Weigh On Outlook - EBRD

Kenya's economy is projected to maintain steady but subdued growth in the near term, even as rising energy costs, tight fiscal space and global trade disruptions weigh on broader… Read more »

Kenya: AMFI Seeks Bad Debt Relief, Vat Exemptions in 2026 Finance Bill

The Association of Microfinance Institutions (AMFI) has urged Parliament to amend the Income Tax Act to explicitly allow lenders including banks, microfinance institutions and… Read more »

Kenya: Senate Orders Treasury to Restore Meru County Allocations Amid Debt Row With French Investor

The Senate has adopted a resolution compelling the National Treasury to immediately lift the funding freeze imposed on Meru County over concerns linked to foreign debt obligations,… Read more »

Kenya: Mbadi to Unlock Meru Funds After Agreement to Settle Leopard Rock Hotel Debt

The Meru County Government has received a reprieve after the National Treasury committed to lifting the freeze on its funds and settling Ksh139 million owed to a French investor… Read more »

Kenya: Owalo Says He Will Be On 2027 Ballot, Unveils Tax and Debt Reform Plan

Former Information Communication and Technology (ICT) Cabinet Secretary and Deputy Chief of Staff Eliud Owalo has officially declared his intention to contest for the presidency in… Read more »

Kenya: IMF Urges Kenya to Include Pending Bills in Public Debt Tally

The International Monetary Fund (IMF) has urged Kenya to expand its official debt statistics to include unpaid government obligations--commonly known as pending bills--in a move… Read more »

Africa: Africa 2026 - Public Sector Surge That Might Backfire - Hidden Risks and Debt Concerns

Africa's accelerating government-led expansion is drawing global attention, especially as initiatives connected to the USAID Trade Hub highlight how external support is shaping… Read more »

Kenya: CBK Flags Debt Payments, Slower Inflows in Forex Reserve Decline

Kenya's foreign exchange reserves have declined in recent weeks, partly due to external debt service obligations, the Central Bank of Kenya said, even as it reassured markets that… Read more »

Kenya: Mombasa Finance Chief Ordered to Pay Sh2.7mn Legal Debt

The Environment and Land Court of Kenya in Mombasa has ordered the County Executive Committee Member (CECM) for Finance in the County Government of Mombasa to pay over Sh2.7… Read more »

Kenya: Kenya Debt Risk Rises As Controller of Budget Warns of 'Vicious Cycle'

Kenya's fiscal outlook has come under renewed pressure after Controller of Budget Margaret Nyakang'o warned of a deepening debt cycle driven by costly borrowing and weak project… Read more »

Kenya: Duale Rebukes Gachagua Over Ksh90b Health Debt Allegations

The government has moved to reassure Kenyans over the performance of the Social Health Authority (SHA), announcing that KSh 18.18 billion--about 78 percent of all submitted health… Read more »

Kenya: Ichung'wah Defends National Infrastructure Fund As Shift From Debt to Investment

National Assembly Majority Leader Kimani Ichung'wah has defended the proposed National Infrastructure Fund, describing it as a long-planned strategy to overhaul Kenya's development… Read more »

Kenya: Arm Cement to Shut Down After Tax, Debt Settlements

Collapsed cement manufacturer ARM Cement Limited has announced plans to wind up its operations as administrators move to conclude liquidation proceedings amid mounting debt and… Read more »

Kenya: Treasury Defers New Eurobond Issue After Easing Debt Pressure

Kenya has shifted its external debt strategy to focus on bond maturities beyond 2030 after successfully easing pressure from near-term commercial debt repayments, the National… Read more »

Kenya: Kenya's Debt-to-GDP Ratio to Decline Slightly to 60.6pc By 2030

The government expects Kenya's debt-to-GDP ratio to ease slightly to 60.6 percent by 2030, according to the draft 2026 Budget Policy Statement (BPS). Read more »

Kenya: Rising Debt Burden Shrinking Govt Spending On Essential Services - KHRC

Kenya's rising debt burden and shrinking social budgets are pushing essential services to the brink, according to a new report by the Kenya Human Rights Commission (KHRC). Read more »

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

President William Ruto has said the newly established National Infrastructure Fund will be central to financing Kenya's next phase of development, signalling a shift away from… Read more »

Kenya: Treasury Eyes Debt Buyback, Eurobond As Public Debt Hits Sh11.8tn

The National Treasury says it is implementing a liability management strategy aimed at reducing the government's exposure to costly short-term loans and foreign exchange… Read more »

Kenya: Balancing the Books - As Debt Payments Soar, Kenyans Ask If Priorities Need to Shift

In a country plagued with many challenges that cut across healthcare, education, and youth unemployment Kenya's debt profile needs to be carefully examined for necessary fiscal… Read more »

Kenya: Appeal Court Rejects Bid By Directors to Hide Behind Corporate Veil in Debt Recovery Case

The Court of Appeal has declined to grant a stay of execution sought by real estate firm Shady Acres Limited and its directors, David Muriuki Mambo and Rose Mambo, against a High… Read more »

Kenya: Poor Debt Recovery, Inefficiencies Sinking Nairobi Water Despite Revenue Increase

Nairobi City Water's financial struggles are being compounded by inefficiencies, outdated tariffs, and unaccounted-for infrastructure, according to an Auditor General's report… Read more »

Kenya: Nairobi Water Blames Budget-Starved Prisons, Schools Amid Soaring Debt

Nairobi City Water is staring at a deepening financial crisis over a staggering uncollected debt totaling Sh7.3 billion in unpaid bills. Read more »