Times News Network
Economy Kenya takes Sh138 billion. World Bank loans in months Tuesday, May 31, 2022 Signage of the World Bank logo. PHOTO | POOL Kenya took 137.93 billion Sh 137.93 billion from the World Bank and rich countries for four months until April, when it ran to cover the more than Sh1 trillion budget deficit. The … Read More “Kenya takes Sh138 billion. World Bank loans in months” »
Companies Kenya Power renewal gets a boost in Sh87 billion government loans Monday, May 30, 2022 Kenya Power technicians replace the wooden posts with the concrete poles along Nyerere Avenue in Mombasa. PHOTO | KEVIN ODIT | NMG Kenya Power is one of the recipients of a government loan of 86.95 billion Sh86.95 billion, which … Read More “Kenya Power renewal gets a boost in Sh87 billion government loans” »
Economy The pension bill increases by Sh40 billion. in 10 months Tuesday, May 24, 2022 The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG By JOHN MUTUAMore by this author Summary Kenya’s pension bill rose by Sh39.5 billion in the 10 months to April, the sharpest growth in five years, underscoring the … Read More “The pension bill increases by Sh40 billion. in 10 months” »
Economy Parastatals fails to pay Sh122bn vendor bills Tuesday, May 24, 2022 Ministry of National Finance and Planning Cabinet, Ukur Yatani. PHOTO | FRANCIS NDERITU | NMG By CONSTANT MUNDAMore by this author Summary The accumulation of unpaid bills increased despite the fact that the Ministry of Finance repeatedly issued circulars to government entities from … Read More “Parastatals fails to pay Sh122bn vendor bills” »
Economy Kenya gets Sh2.5 billion. for KDF in Somalia Monday, May 23, 2022 Kenyan soldiers serving in the African Union Mission in Somalia (Amisom) are sitting on a flatbed truck while a convoy travels between the port of Kismayu and the city’s airport. PHOTO PHOTO | NMG By CONSTANT MUNDAMore by this author Summary The … Read More “Kenya gets Sh2.5 billion. for KDF in Somalia” »
Economy Kenya’s debt repayment to China shoots up 73.5 billion Friday, May 20, 2022 The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG By CONSTANT MUNDAMore by this author Summary Expenditure data released this week by the Treasury shows that the amount repaid to Chinese lenders has increased 135.15 percent compared to … Read More “Kenya’s debt repayment to China shoots up 73.5 billion” »