CBK Denies Comeback of Interest Rate Caps Amid Lending Rate Debate
The Central Bank of Kenya (CBK) has pushed back against growing speculation that it plans...
Parastatals
Jimi Wanjigi Sounds Fiscal Alarm as Kenya Teeters on Debt Cliff
Businessman Jimi Wanjigi has issued a stark warning over Kenya’s ballooning public debt, declaring that...
Kenya Moves All Government Tenders Online in Anti-Corruption Push
President William Ruto has announced a sweeping overhaul of the country’s public procurement system, declaring...
Treasury Locks Out Parastatals from Bidding on Security Tenders in Procurement Shake-Up
NAIROBI — The National Treasury is tightening the screws on State corporations, announcing plans to...
Treasury Hunts for Funds to Settle Parastatal Staff as Mergers Loom
Treasury Hunts for Funds to Settle Parastatal Staff as Mergers Loom The National Treasury is...
High Court Blocks Auction of Tuju’s Karen Estate Amid Sh4.5 Bn Loan Dispute
Former Cabinet Secretary Raphael Tuju has secured a significant legal reprieve as the High Court...
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...
High Court Halts Kenya’s eTA System in Blow to Ruto Administration
The Kenya Kwanza government has suffered a significant setback after High Court Judge Justice Bahati...
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...
Mbadi Unveils Sh4.24 Trillion Austerity Budget as Kenya Tightens Belt Amid Revenue Shortfalls
Treasury Cabinet Secretary John Mbadi has fired his first fiscal salvo, unveiling a Sh4.24 trillion...
