Puzzle of counties running 1,400 illegal bank accounts:
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Puzzle of counties running 1,400 illegal bank accounts https://nation.africa/kenya/business/puzzle-of-counties-running-1-400-illegal-bank-accounts--4541444
Puzzle of counties running 1,400 illegal bank accounts: County governments are operating more than 1,400 accounts in Kenyan commercial banks.
nation.africa/kenya/business/puzzle-of-counties-running-1-400-illegal-bank-accounts--4541444
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Puzzle of counties running 1,400 illegal bank accounts: County governments are operating more than 1,400 accounts in Kenyan commercial banks.
nation.africa/kenya/business/puzzle-of-counties-running-1-400-illegal-bank-accounts--4541444
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Puzzle of counties running 1,400 illegal bank accounts: County governments are operating more than 1,400 accounts in Kenyan commercial banks.
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Kenya's public debt surges past Sh11trn on weak shilling : External loan disbursements, exchange rate fluctuation and domestic debt uptake cause increase.
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Quick Glance: Kenya's Debt Surpasses 11 Trillion Shillings
- Kenya's public debt increased by 1.93 trillion shillings in the year ending December 2023, pushing the country's total indebtedness to 11.14 trillion shillings.
- The depreciation of the shilling significantly impacted external public debts, representing 73 percent (1.4 trillion shillings) of the 1.9 trillion shilling increase during the year.
- From January to December 2023, total external public debt rose by 1.416 trillion shillings, reaching 6 trillion shillings.
- The shilling's value declined by 26.8 percent between December 2022 and December 2023, trading at 123.37 units against the dollar and dropping to 156.46 units.
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The economy faces a “risk” due to the recent M-Pesa outages, the Central Bank of Kenya (CBK) has said. Show more
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World Bank lines up Sh240 billion in new funding to Kenya: The cash is marked for disbursement between March and April.
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