Treasury

Treasury Raises Domestic Borrowing Target to Sh1.66 Trillion

The National Treasury has increased its domestic borrowing target for the financial year ending June 30 by 52.29 percent, or…

5 days ago

CBK Raises Sh50.19 Billion as Strong Demand Drives Bond Sale Above Target

The Central Bank of Kenya (CBK) raised KSh50.19 billion in its April reopening of two fixed-coupon Treasury bonds, exceeding its…

2 weeks ago

Rising Local Borrowing by Government Raises Pressure on Businesses and Interest Rates

Kenya’s growing reliance on local borrowing is putting pressure on interest rates and reducing access to credit for businesses, according…

4 weeks ago

Kenya Opens Search for Strategic Investor in Kenya Airways

Kenya has started the process of looking for a strategic investor in Kenya Airways (KQ), aiming to raise between $1.2…

2 months ago

Treasury Pulls Back on Central Bank Lifeline as Debt Payments Loom

Kenya’s Treasury has sharply scaled down its use of emergency funding from the Central Bank of Kenya (CBK), a move…

3 months ago

Cash Delays Push Counties Into Survival Mode, Threatening Local Economies

Kenya’s counties are warning that delays in cash transfers from the National Treasury are starting to hurt local economies, not…

3 months ago

Budget Allocations Sit Idle as Cash Delays Stall Government Project Rollout

Several government offices entered the current financial year with approved development budgets but have yet to receive any project funding,…

3 months ago

Legacy State Loans to Banks and Parastatals Continue to Weigh on Treasury Books

Outstanding loans from past government on-lending programmes continue to surface in Kenya’s public debt disclosures, with Equity Bank and Co-operative…

3 months ago

CBK Launches Second Bond Buyback as Treasury Moves to Ease Kenya’s Debt Burden

The Central Bank of Kenya (CBK) has launched a second bond buyback program aimed at reducing pressure from looming domestic…

6 months ago

Kenya’s Overreliance on Few Firms for Corporate Tax Poses Fiscal Risk

Kenya’s corporate tax system is increasingly dependent on a small pool of companies, raising concerns about fiscal stability. Fresh data…

7 months ago