Search results
1 – 10 of 73
This is the first major setback for the administration's fiscal consolidation efforts, which had initially made progress.
Details
DOI: 10.1108/OXAN-DB288334
ISSN: 2633-304X
Keywords
Geographic
Topical
After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…
Details
DOI: 10.1108/OXAN-DB286934
ISSN: 2633-304X
Keywords
Geographic
Topical
Separately, the government is locked in a battle with county administrations that are demanding increased funds. Together, devolution and a resolute judiciary are complicating…
Details
DOI: 10.1108/OXAN-DB285135
ISSN: 2633-304X
Keywords
Geographic
Topical
The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…
Details
DOI: 10.1108/OXAN-DB283254
ISSN: 2633-304X
Keywords
Geographic
Topical
KENYA: IMF aid boost offers much-needed support
If it cannot pay or reach a bondholder deal within a 14-day grace period, it would become the third African country to default since 2020. These defaults reflect a broader…
KENYA: New deal may encourage Nairobi’s bond hopes
Details
DOI: 10.1108/OXAN-ES284924
ISSN: 2633-304X
Keywords
Geographic
Topical
Although the challenges each country faces differ markedly, all are struggling to address the legacies of old conflicts that threaten to perpetuate new ones.
Details
DOI: 10.1108/OXAN-DB283385
ISSN: 2633-304X
Keywords
Geographic
Topical
By prioritising debt repayments over salary payments (and refraining from short-term borrowing to pay salaries), the government is signalling its commitment to servicing debts…
Details
DOI: 10.1108/OXAN-DB278562
ISSN: 2633-304X
Keywords
Geographic
Topical
President William Ruto wants to use this bill to increase government revenue to help manage the difficult fiscal situation. However, the bill’s critics warn it may aggravate an…