Eurobond maturing in 2036, to refinance part of its external debt, including a $900m Eurobond due in 2027.

Increased payroll taxes are one element of a bid in Kenya to keep the government running and pay off the country’s foreign ...

The Kenya Sugar Board has disbursed over Sh600 million to sugarcane factory workers, marking a significant step toward fulfilling its commitment to settle outstanding debts owed to employees and ...

Kenya’s National Treasury laid out plans to raise $1.15 billion from the sale of state-owned enterprises to reduce the ...

Over the last two decades, Kenya's public debt has undergone a significant transformation, evolving from manageable levels of public debt in the early 2000s to a source of national concern by 2024.

Kenya’s National Treasury was forced to withdraw a social media post suggesting that Cabinet Secretary John Mbadi had held talks with Chinese officials on the possibility of restructuring Kenya’s debt ...

Kenya needs to raise at least $26bn in the next decade to pay maturing foreign debt and another $1.5bn annually to meet ...

However, he stated that between now and 2032, the National Assembly ... 2003 during the late President Mwai Kibaki’s time, Kenya's debt stood at Sh600 billion when Kibaki took office and ...

The proceeds from the Eurobond will be used to retire part of the debt, the National Treasury said in a statement issued in Nairobi, Kenya's capital, adding that existing bondholders of the 2019 ...

Already, it is being analysed by the National Treasury,” he added without providing details on the value of the debt swap under consideration. In the current financial year, Kenya’s debt ...

Kenya Power has paid out Sh2.58 billion ($20million) as part of a Sh4.94 billion ($38.3million) debt to a US energy firm-Ormat Technology, for electricity supplies as of December 31, 2024 ...