Kenya's forex reserves decline due to foreign debt repayments, particularly to China

Jul 23, 2024

Kenya's foreign exchange reserves have experienced a significant drop of USD 487 million (approximately KES 63.9 billion) over the past week, following substantial repayments...

Sean Paul, Kes team up for official anthem of ICC T20 World Cup 2024

Apr 13, 2024

The ICC Men's T20 World Cup Trophy Tour 2024 will continue in the lead-up to the tournament, moving to Barbados, the venue of the...

Chinese, Qataris Portland deal flops after loss of USD 47.8 million

Apr 20, 2023

A Kenyan High Court stopped the takeover of the land in Athi River valued at about Kenyan Shillings (KES) 6.4 billion (USD 47.8 million)...

Kenya spends USD 1 billion in a year to repay Chinese loans, burdening taxpayers

Jul 16, 2024

Amid unrest in Kenya due to debt distress, it is reported that the country has spent 152.69 billion KES (approximately 1 billion USD) to...