Nairobi, Oct. 8 -- State corporations increased their commercial borrowing outside government guarantees by 38.2 percent to Sh62 billion in the year to June 2026, exposing the Treasury to growing contingent risks if the firms fail to repay their lenders.

The stock of non-guaranteed debt increased by Sh17.1 billion in the period, adding to the stockpile of Sh44.9billion recorded in June 2025.

Published by HT Digital Content Services with permission from Business Daily....