The Central Bank of Kenya (CBK) is strategically pursuing funds by targeting to raise Sh65 billion from reopened bonds. This initiative involves reopening a two-year bond alongside the tap sale of five-year and 10-year bonds, prioritizing market accessibility and efficiency. The CBK’s goal includes raising Sh40 billion from the reopened two-year bond, available for subscription […]

Recent months have brought notable changes to Kenya’s public debt profile, influenced by the strengthening of the Kenyan shilling against major currencies. As of January, the country’s total public debt stood at Sh11.248 trillion, with external debt accounting for 55 percent and domestic debt 45 percent. At the end of January, external debts surpassed domestic […]

Kenya’s economy is experiencing a resurgence, evident in a notable increase in electricity demand. Last month, demand peaked at 2,177.13 Megawatts (MW), signaling robust economic activity and heightened household consumption. During this period, local electricity generation experienced a dip, marking the second-lowest output in eight months. To meet the rising demand, Kenya bolstered its electricity […]

The Kenya Revenue Authority (KRA) faces a significant challenge in meeting its tax collection target for the current financial year, falling short by an anticipated Sh330 billion, as revealed by the Parliamentary Budget Office (PBO). Despite efforts, KRA’s collections have only reached 55 percent of the targeted Sh2.49 trillion since July last year, leaving a […]