The government's economic policies on public debt and the wage bill are taking resources away from essential services and ...

Fitch Ratings has joined Moody’s in revising Kenya’s outlook to negative, making it even harder for the country to grab a debt payment review offer from G-20 countries. However, the rating agency ...

Kenya’s ballooning public debt has surged past Ksh.11.8 trillion, a figure that now hangs over the nation like a dark cloud.

NAIROBI (Reuters) -Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the government leans on the domestic debt market to fund its ...

Increased payroll taxes are one element of a bid in Kenya to keep the government running and pay off the country’s foreign creditors. The Toi Market in Nairobi.Credit...Brian Otieno for The New York ...