Transfers
IMF debt load puts Kenya behind only one African nation
Kenya is now the second-largest borrower from the International Monetary Fund (IMF) in Africa, with outstanding credit totalling…
IMF
Transfers
Transfers
IMF launches governance assessment to boost Kenya economic growth
The International Monetary Fund has launched a governance diagnostic assessment to identify corruption risks that could impede Kenya’s…
National
Ruto eliminates all subsidies under IMF requirements
The government cut subsidy spending to zero in the first quarter to September as President William Ruto implemented…
National
Ruto eyes more taxes from food and medicines in IMF deal
As the Ruto government appears to capitulate to ten-year-old pressure from the International Monetary Fund to abandon broad…
National
KRA to use computer wizards to catch tax cheats
The Kenya Revenue Authority plans to train computer audit specialists as it seeks to mine data, including hidden…
Featured
Kenyan debt up to record KSh1.56trillion
During President William Ruto’s first year in office, Kenya took on the most debt ever, pushing the country’s…
Business
Plans to unmask state tenders winners in a slow start
One of the biggest sticking points in Kenya’s agreement with the International Monetary Fund (IMF) is the slow…
Business
Banks to access secret State database in money laundering fight
Financial institutions will soon be given access to a State database on covert owners of firms, enabling them…
Business
IMF seeks tighter controls on Kenyan loans
The World Bank claims in a new study that supports the recent issuance of a KSh141 billion ($1…