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Thursday, December 26, 2024
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New Loan: Kenya Government borrows Sh132 billion for infrastructure

New Loan: Kenya Government borrows Sh132 billion for infrastructure. The government has entered into 10 new loans worth Sh132 billion to finance infrastructure projects in the last six months.

Kenya’s Forex Reserves Falls By Over 12 Billion Weakening The Shilling

Kenya’s Forex Reserves Falls By Over 12 Billion Weakening The Shilling: Kenya’s forex reserves fell by over 12 billion in the week ended Friday December 11 as the Central Bank chipped in support

Kenyan Diaspora remittances rises by 17 per cent to Ksh.29 billion

Kenyan Diaspora remittances rises by 17 per cent to Ksh.29 billion: Inflows from Kenya’s diaspora have continued to grow by 17.3 per cent to Ksh.28.8 billion ($263.2 million) in October from Ksh.24.6 billion ($224.3 million) a year ago.

More Borrowing: Uhuru Gets Ksh8 Billion Loan From Japan

More Borrowing: Uhuru Gets Ksh8 Billion Loan From Japan. The Government of Japan through the Japan International Cooperation Agency (JICA) on Thursday, August 27, announced a Ksh8.1 billion loan to Kenya.

Wealthy Kenyans return Sh118 billion stashed in foreign countries

Wealthy Kenyans return Sh118 billion stashed in foreign countries: Wealthy Kenyans filed to return Sh118 billion assets from foreign countries in the final year of a tax pardon, official data shows.

The Sh1 Billion Drones Kenya Has Just Bought from the US

The Sh1 Billion Drones Kenya Has Just Bought from the US: Kenya continues to modernize its security and defense forces. Recently, it was revealed that the US government had approved sale of aircraft worth more

Nairobi unable to account for more than Sh20 billion, audit report

In one of the biggest financial scandals in the counties, Nairobi is unable to account for more than Sh20 billion, exposing the chaotic running...

Kipchumba Murkomen Links Raila Odinga to Sh1.6 Billion NYS Scandal

Kipchumba Murkomen Links Raila Odinga to Sh1.6 Billion NYS Scandal: Elgeyo-Marakwet Senator Kipchumba Murkomen now claims that CORD leader Raila Odinga pocketed some of the monies

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