Search

Economy

Jimi Wanjigi Sounds Fiscal Alarm as Kenya Teeters on Debt Cliff

2 min Read Time

Businessman Jimi Wanjigi has issued a stark warning over Kenya’s ballooning public debt, declaring that the country is “on financial life support” due to years of reckless borrowing and systemic mismanagement by successive regimes. Speaking at a charged Bunge La Wananchi forum in Nairobi’s Jeevanjee Gardens, Wanjigi pulled no punches, accusing the government of mortgaging the country’s future while ignor.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Blood on the Steps: Kenya Faces Reckoning Over Gen Z Protest Killings
Economy

Blood on the Steps: Kenya Faces Reckoning Over Gen Z Protest Killings

Nearly a year after the fatal shootings that rocked Nairobi on June 25, 2024, the nation is still gripped by outrage, grief, and a deep...

Read article
Western banks sent billions in cash to Russia on eve of Ukraine invasion, data shows
Economy

Western banks sent billions in cash to Russia on eve of Ukraine invasion, data shows

As the Kremlin massed troops on Ukraine’s border in early 2022, and the threat of sanctions grew, wealthy Russians began flying crates of cash home...

Read article
Sasini PLC Reports Sh113 Million Half-Year Loss Amid Currency and Market Pressures
Economy

Sasini PLC Reports Sh113 Million Half-Year Loss Amid Currency and Market Pressures

Sasini PLC, a leading Kenyan agribusiness firm, reported a net loss of Sh113.1 million for the half-year ending March 31, 2025, marking its steepest first-half...

Read article
Kenya Unveils Finance Bill 2025: No New Taxes, Leaner Budget, and Relief for SMEs and Retirees
Economy

Kenya Unveils Finance Bill 2025: No New Taxes, Leaner Budget, and Relief for SMEs and Retirees

In a strategic pivot from its previously contested tax agenda, the Kenyan Cabinet has approved the Finance Bill 2025, signaling a recalibration of the country’s...

Read article
Kilmar Abrego Garcia, U.S Maryland resident, was mistakenly deported to El Salvador
Economy

Kilmar Abrego Garcia, U.S Maryland resident, was mistakenly deported to El Salvador

Kilmar Abrego Garcia, a 29-year-old Maryland resident, was mistakenly deported to El Salvador by the Trump administration in March 2025, despite a court order prohibiting...

Read article
Proposed Nairobi–Mombasa Expressway Could Rival Airfare in Cost, Raising Questions Over Viability
Economy

Proposed Nairobi–Mombasa Expressway Could Rival Airfare in Cost, Raising Questions Over Viability

Kenya’s ambitious plan to construct a Nairobi–Mombasa expressway is facing economic scrutiny, as early projections show the cost of driving the 459-kilometer route may rival...