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Weak shilling leaves Kenya paying dearly for imports, loans

Deputy President recently charged that “a forex currency shortage” had hampered oil imports, claims the CBK governor was quick to dismiss.

Fund serviceConsolidated fund serviceKenya powerKenya economyKenya debtKenya shillingForex shortage

Kenya debt repayment to China triples in July

Sh26bn wired to Beijing as debt relief off table due to Nairobi’s mid-income status

Kenya debtNational treasuryWilliam ruto

Tanzania, Kenya to miss out on China debt relief plan

Beijing announced it will forgive 23 matured loans for 17 undisclosed African nations.

Nairobi areaWang yiForum on chinaSouth cooperation fundSouth cooperation assistance fundGlobal developmentWorld bankDebt service suspension initiativeGlobal development initiativeEast africanChina africa cooperationEast africaJames anyanzwaHe eastafricanDebt reliefChina debt

Weakening shilling pushes up Kenya s debt by $4 1b

The shilling continues to present a challenge in servicing external debts and importation of goods by businesses.

National treasurySuppliers creditKenya debtKenya shillingWeakening shillingDepreciating currencyKenya lendersKenya loansPublic debtHigh cost of living

Kenya s debt to China hits Sh797bn in May

The rise is linked to payment of principal loan sums by Treasury as they fall due

College of william maryChinese state ownedKenya debtChinese debtChina road and bridge corporationInternational development association

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