IMF

Kenya eyes IMF’s Sh53b forex boost

Reading Time: 2 minutes The International Monetary Fund (IMF) will release $433 million (Sh52.7 billion) next month to help boost the country’s foreign exchange […]

Kenyans face more pain as IMF warns of global recession

Reading Time: 2 minutes Kenya could be staring at possible severe and exogenous economic shocks beyond 2022, if the latest global growth forecast by […]

IMF pushes KPLC action plan to 2023

Reading Time: 2 minutes The International Monetary Fund (IMF) has given Kenya fresh conditions requiring Kenya Power and Lighting Company (KPLC) to fully bridge […]

Loss-making firms need restructuring

Reading Time: 2 minutes Challenges facing Kenya’s economy are huge, but some may be self-inflicted, and the State must put its house in order. […]

Reduce relief to own firms, IMF tells State

Reading Time: 2 minutes The International Monetary Fund (IMF) has put pressure on Kenya to sort out the state of risky State-owned enterprises (SOEs) […]

Kenya to get another Sh28b loan from IMF

Reading Time: 2 minutes Kenya would have access to another $244 million (Sh28 billion) in financing from the International Monetary Fund (IMF) to help […]

Expensive loans loom as IMF pushes for interest rates hike

Reading Time: 3 minutes The International Monetary Fund (IMF) has urged low-income countries to tighten monetary policies and increase lending rates to save local […]

Laikipia governor appointed as head of Raila’s presidential campaign board

Reading Time: < 1 minute Laikipia Governor Nderitu Muriithi has been appointed as the Chairman of Raila Odinga’s 2022 presidential campaign board. In a statement […]

Kenya raises Ksh108 billion through Eurobond

Reading Time: < 1 minute Kenya has raised Ksh108 billion through the issuance of a 12-year Eurobond in the international financial markets following a three-day […]

Kenya to receive ksh41 billion loan facility from IMF

Reading Time: < 1 minute The International Monetary Fund (IMF) said on Monday that it has reached an agreement on the disbursement of 410 million […]