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A new Oxfam report reveals a deepening economic chasm in Kenya, where the wealth of a handful now surpasses that of 77% of the population, raising urgent questions about the country's economic policies and social stability.
Central Bank of Kenya Governor Kamau Thugge has alerted Parliament to significant liquidity challenges that are hampering the nation's ability to service its ballooning public debt, which now stands at Sh11.8 trillion.
Kenya's largest-ever green bond offers investors a 10.4% tax-free return, aiming to fund major network and renewable energy projects in Kenya and Ethiopia, signaling a strategic shift in corporate financing.
A new UK budget focused on tax hikes and spending cuts to address a fiscal gap of up to £40 billion could create significant economic headwinds for Kenya, impacting crucial trade flows, development aid, and diaspora remittances.
