Banks cut lending to parastatals by Sh60bn as reforms raise risk

Nairobi, July 12 -- Commercial banks have cut lending to State corporations by more than two-thirds, or Sh59.7 billion in two years as legal reforms and tighter National Treasury controls prompt lende... Read More

Audit exposes Kenya Railways' Sh140bn land valuation gap

Nairobi, July 8 -- An interim valuation has revealed that the Kenya Railways Corporation's (KRC) vast land portfolio may have been undervalued by more than Sh140 billion, exposing years of failure to ... Read More

Kenya's foreign investment inflows hit a record Sh414bn

Nairobi, July 8 -- Kenya attracted an estimated $3.2 billion (Sh413.6 billion) in Foreign Direct Investment (FDI) in 2025, marking its strongest performance ever as investors poured money into the cou... Read More

Kenya saves Sh22 billion after China SGR loan deal

Nairobi, July 5 -- Kenya cut annual repayments on Chinese loans by Sh21.61 billion in the financial year ended June 2026 after restructuring standard gauge railway (SGR) debts, easing pressure on the ... Read More

Diaspora remittances lose steam on Iran war fallout

Nairobi, July 2 -- Kenyans living and working abroad cut the amount of money sent back home by $29.1 million (about Sh3.77 billion) in the first five months of 2026, marking the first drop since 2023.... Read More

Kenya's new disaster finance plan: What you should know

Nairobi, June 30 -- Every time floods wash away roads, drought decimates livestock or disease outbreaks strike, Kenya spends billions of shillings responding to the crisis. But where does that money ... Read More

US pips UAE as Kenya's exports growth engine

Nairobi, June 30 -- The United States has emerged as Kenya's fastest-growing major export market, cushioning overseas sales from a drop in demand from the United Arab Emirates (UAE) as exporters brace... Read More

Sh188bn flood losses trigger State disaster funding overhaul

Nairobi, June 28 -- Kenya lost an estimated Sh187.8 billion due to floods in just six months in 2023 and 2024, exposing the mounting financial burden of climate disasters that has prompted the governm... Read More

Iran war fallout raises fresh Kenya debt servicing burden

Nairobi, June 28 -- Kenya faces renewed debt-servicing pressure as the fallout from the Iran-Israel conflict threatens to keep borrowing costs elevated for longer, adding strain to a budget weighed do... Read More

Personal tax growth at a 4-year low on strained households

Nairobi, June 23 -- Taxes paid by Kenyans on their income, profits and capital gains recorded the weakest growth in four years in the nine months to March 2026, underscoring mounting pressure on house... Read More

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