Tag: Kenya Economy
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Treasury Doubles Domestic Borrowing to Sh138 Billion in July
NAIROBI, Kenya — The government more than doubled its domestic borrowing in July, raising Sh138.25 billion from the local market as it began implementing...
Gachagua Hits Mbadi Over Soda Sales and Economic Recovery
NAIROBI, Kenya — Former Deputy President Rigathi Gachagua has dismissed Treasury Cabinet Secretary John Mbadi's argument that increased soft-drink consumption is evidence of improving...
Kenya’s forex reserves hit record $15.4 billion on Safaricom stake sale boost
NAIROBI, Kenya — Kenya's foreign exchange reserves have climbed to a historic high of $15.4 billion (about Sh2 trillion), buoyed by capital inflows from...