@BusinessDaily

Treasury chalks up Sh691bn local debt in the year

17 days ago, 14:26

By: Charles Mwaniki

Kenya’s public borrowing has gone up by at least Sh691 billion since the beginning of 2017 as credit uptake to finance a large budget deficit pushed the country’s debt load to Sh4.5 trillion. Latest data from Central Bank of Kenya (CBK) shows the outstanding stock of domestic debt stood at Sh2.208 trillion on December 15, while the external debt stock stood at Sh2.31 trillion at the end of September. The country has been undertaking massive infrastructure projects bankrolled using billions in fo ...
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@BusinessDaily

Treasury chalks up Sh691bn local debt in the year

17 days ago, 14:26

By: Charles Mwaniki
Kenya’s public borrowing has gone up by at least Sh691 billion since the beginning of 2017 as credit uptake to finance a large budget deficit pushed the country’s debt load to Sh4.5 trillion. Latest data from Central Bank of Kenya (CBK) shows the outstanding stock of domestic debt stood at Sh2.208 trillion on December 15, while the external debt stock stood at Sh2.31 trillion at the end of September. The country has been undertaking massive infrastructure projects bankrolled using billions in fo ...
Read More

Category: business corporate news lifestyle economy opinion markets

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4 hours ago, 09:34
@DailyNation - By: Brian Ngugi
UK-based drugmaker GlaxoSmithKline mulls Kenya staff cuts

Glaxo plans to send home workers in 20 African countries as it effects new model ...

Category: topnews news business
20 hours ago, 17:23
@BusinessDaily - By: Annie Njanja
Java to inject Sh1bn into expansion drive

Java Group will inject up to Sh1 billion in expansion drive this year cementing its place as the number one restaurant chain in the region. ...

Category: business news corporate lifestyle economy opinion markets
20 hours ago, 17:01
@BusinessDaily - By: Brian Ngugi
Central Bank expected to retain policy rate at 10pc

The Central Bank of Kenya (CBK) is next week widely tipped to leave its policy rate unchanged even as banks continue rationing credit. ...

Category: business news
6 hours ago, 06:45
@StandardMedia - By: Geoffrey Mosoku
Judge rules Kabogo will not suffer any loss in paying Sh100m for trespass

Ex-governor Kabogo has lost an attempt to put on hold a court directive to pay a city businessman Sh100m for trespass ...

Category: business news
6 hours ago, 06:45
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Polycarp Igathe’s office is still running complete with staff, Metropolitan has established. ...

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