News
State spending surges Sh155 billion despite promises of austerity
1+ hour, 25+ min ago (906+ words) Between July last year and March, recurrent spending reached Sh1. 36 trillion For months, President William Ruto's administration has urged Kenyans to tighten their belts. National Treasury Cabinet Secretary John Mbadi has repeatedly defended what he describes as painful but necessary budget…...
GDP of Africa: Top Countries in 2026
1+ day, 16+ hour ago (103+ words) According to data source IMF, May, 2026, South Africa leads Africa's top economies with a GDP of $480 Bn. Egypt follows closely at $430 Bn, ahead of Nigeria at $377 Bn and Algeria at $317 Bn. Morocco's GDP reaches $195 Bn, followed by Angola at $153 Bn…...
Ndindi Nyoro sounds alarm on Kenya's spiralling debt
1+ day, 15+ hour ago (513+ words) The MP warns that Kenya's rising debt burden could trigger fiscal distress, currency instability and long-term economic strain Kiharu MP Ndindi Nyoro has warned that Kenya could borrow up to Sh1. 5 trillion in a financial year, cautioning that the country's borrowing…...
Brace for tougher times, CBK says as it cuts growth rate to 4. 9%
2+ day, 1+ hour ago (876+ words) The Central Bank has cut Kenya's economic growth projection for 2026 by 40 basis points, on account of rising'global fuel prices' due to the ongoing war in the Middle East. Addressing journalists at a post Monetary Policy Committee' (MPC) briefing on Wednesday,…...
News brief: Debt crisis: Treasury borrowing to pay wages, allowances
1+ week, 1+ day ago (124+ words) the-star. co. ke News brief: Debt crisis: Treasury borrowing to pay wages, allowances These are the stories making the headlines in the Star. Sakaja revives stalled Nairobi roads as key projects take shape Yoga for all: Nairobi gears up for…...
Mounting debt crisis: Treasury borrowing to pay wages, allowances
1+ week, 1+ day ago (1231+ words) Public debt at Sh12. 8tn; state to pay Sh2. 3tn in loan repayments next year The National Treasury is now borrowing to finance day-to-day government operations, it has emerged, laying bare the growing strain of Kenya's mounting debt burden. "MPs are seized of the…...
Inflation highlights: May 2026
1+ week, 2+ day ago (295+ words) Overall inflation in May 2026 was 6. 7 per cent. Overall inflation reached 6. 7 per cent in May 2026, marking an increase from the 5. 6 per cent recorded in April 2026. Data sourced from the Central Bank of Kenya highlights distinct trajectories between core and non-core baskets,…...
NASSIR: Cost of living must remain at centre of national dialogue
1+ week, 6+ day ago (46+ words) the-star. co. ke NASSIR: Cost of living must remain at centre of national dialogue Criticism alone will not lower the price of food. Anger alone will not stabilise fuel prices. This is premium content...
Treasury signals budget cuts as fiscal, global pressure mounts
2+ week, 3+ day ago (738+ words) The National Treasury has warned that the government is running out of easy ways to manage its finances, as most of the money it collects is now going toward paying debts, salaries and other essential expenses. This has left little…...
NERIMA: How wealth taxation could help address today's challenges
3+ week, 1+ day ago (613+ words) On Monday, thousands of Kenyans walked to work after matatu operators withdrew services from major routes in protest against rising fuel prices, as announced on May 15, where super petrol in Nairobi rose from Sh197. 60 to Sh214. 25 per litre, while diesel increased from…...