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China loans to Kenya hit 8-year low on Africa shift

As former President Mwai Kibaki neared the end of his term, Kenya owed China just Sh61.2 billion in mostly yuan-based borrowings to finance ICT and geothermal projects.An explosion in lending from ...
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Cheaper Loans as CBK Cuts Rates, Kenya’s Debt Hits Ksh11.8 Trillion, and Govt Dissolves 109 Companies

Hello, I’m Annah. Welcome to today’s edition of The Business Roundup. In this issue, we highlight how Kenyans will enjoy cheaper loans after the Central Bank of Kenya (CBK) lowered interest rates, ...