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Kenya

Kenya

Population: 54.3m
GDP: $140.87bn
Debt: 70.1% of GDP (2026 forecast)

news from Kenya

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Found 713 articles.

Displaying 46 results from 2023 (out of 713 total).

Auditor in the dock

The outspoken chief budget auditor has been arrested in politically convenient circumstances

The arrest of Margaret Nyakang'o, the widely respected head of Kenya's budget watchdog, on what appear to be trumped up fraud charges, has prompted concerns about the scale...


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Ruto eyes privatisation to balance the books

Kenya names first batch of state companies up for sale as part of plan to prioritise debt repayment but has increased reliance on IMF and World Bank

Kenya's Treasury has published a list of 11 state companies that are up for sale to private investors but the market is likely to be underwhelmed by the...

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Finance needed before UN police mission, say ministers

Plans to deploy personnel to tackle gang violence in Haiti have been held up in the courts and by a lack of funding for training

The mission in which 1,000 Kenyan police officers would lead a UN multinational deployment in Haiti appear are being held up by disputes over funding and training, ministers...

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Pay more to be Kenyan

Kenyans are bracing themselves for at least two years of fiscal austerity as William Ruto's government prioritises its Eurobond repayments. And the pain just keeps coming.


Ruto's plan to profit from the ports hits problems

The government aims to raise quick cash from privatising state assets but opposition is mounting

The radical plans to purge the political elite and its economic projects after William Ruto's presidential election victory last year are running out of steam. In some places...


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King Charles to be confronted with demands for restitution

In Kenya this week, the British monarch will try to strengthen ties with a key partner and acknowledge past wrongs as calls grow for a reckoning for European colonialism

Britain's colonial legacy and human rights abuses hang over the four-day visit by King Charles to Kenya this week. The visit is the first by the King to...

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Ruto's reshuffle rewards the technocrats

Musalia Mudavadi is the main winner as technocrats gain ground and some political jobbers are moved sideways

Loyalty over talent was a common criticism when President William Ruto unveiled his ministerial team last September. Co-opting former rivals and rewarding those who backed his presidential campaign...


Cross-party talks open, carrots provided

A new cross-party committee will strengthen ambitious politicians and steer clear of the cost-of-living crisis

The prospect of a political deal between President William Ruto and opposition Azimio la Umoja leader Raila Odinga is unsettling some of their followers and allies who fear...


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Ruto sets sights on port privatisation scheme

The government wants to revive commercial deals on state assets to raise more revenue to pay off debts

President William Ruto's government has revived a plan to concession sections of Lamu, Kisumu and Mombasa ports in a bid to raise up to US$10 billion from private...

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Nairobi vies for green capital status

William Ruto advances his own, and Kenya's interests, but fails to pull in much climate finance from industrial economies

Having spent much of the first year of his presidency staking out the ground as one of Africa's leading voices on climate change and energy policy, Kenya's William...


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Nairobi inquiry on British army conduct reopens old wounds

The terms of a new defence treaty between London and Nairobi are about to be tested in public

Relations between London and Nairobi are likely to be strained by a parliamentary inquiry to assess accusations of human rights abuse by British soldiers based in northern Kenya...

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Ruto backtracks on fuel price rise

The President has frozen gasoline prices as he tries to balance revenue-saving commitments to the IMF against protests over the cost of living 

President William Ruto has executed a small but significant U-turn by unpicking plans to increase the cost of fuel. The Energy and Petroleum Regulatory Authority (EPRA) announced on...

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Kenyan cops vs Haitian gangs

Kenya's offer to send 1,000 police to help train and assist the Haitian National Police in the Caribbean state's battle against criminal gangs has been warmly welcomed by...


The street takes on State House

Bolstered by another billion from the IMF, President Ruto reckons he can face down a militant but uncoordinated opposition

Austerity economics and street protests are dominating William Ruto's first term in the presidency after he rejected restructuring Kenya's debts in favour of two years of fiscal belt-tightening....


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Court blocks housing levy as new taxes bite

Some of those who voted for William Ruto report buyers' remorse as economic conditions worsen

Kenyans are bracing themselves for two years of budgetary austerity but the scale of the hit to payslips will be delayed after the Supreme Court blocked the Finance...

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A man for all summits

With economic woes at home, President Ruto is pitching himself as a foreign policy player – from climate finance to reform of the African Union

Few expected William Ruto to devote much time to foreign policy when he claimed the presidency after narrowly defeating Raila Odinga in last August's elections. After running an...


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Ruto's housing levy is triggering mass dissent

The government says its new plan will help home buyers but it risks hurting low and middle-income workers

Pressure is piling on President William Ruto's government over planned tax rises in the Finance Bill due next week that has prompted the country's public service trade unions...

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Uhuru hangs on to his Jubilee

Kenyatta's botched exit from politics has triggered new fissures in the opposition camp

Former President Uhuru Kenyatta had appeared intent on retiring from politics. Instead, he wants to stay on as leader of the rump Jubilee party following a chaotic week...

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Ruto's budget hits his hustler supporters

Raising taxes and paying down the debt, the President wants to stabilise the economy before the next election

As a candidate ahead of last August's presidential elections, William Ruto opposed a housing levy and new fuel taxes. Eight months after winning, President Ruto has introduced both...

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What does Raila Odinga want?

The opposition leader has got the talks he demanded but that may not keep his supporters off the streets

After weeks of insisting that there would be no compromise and no 'handshake'-style deal with veteran opposition leader Raila Odinga, President William Ruto followed his two immediate predecessors...


Cult and politics

The discovery last month of mass graves bearing the bodies of more than 130 people near the popular tourist town of Malindi has shocked Kenyans. Self-proclaimed pastor Paul...


Ruto's credit slumps amid cash flow crisis

Public sector wages arrears have exposed the scale of the government's debt burden and revenue problems

The failure to pay the March wages of civil servants, teachers and politicians has blown a hole in the economic management record of President William Ruto's government after...


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Dialling for dollars

Financial pressures are mounting on President William Ruto's government but his chief economic advisor rules out debt restructuring

The Treasury in Nairobi says that it is expecting some $1.9 billion in emergency funding from the World Bank, the IMF and a consortium of foreign commercial banks...

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The art of a deal

Kenya expects to complete a trade deal with the United States by the end of this year, the first bilateral pact inked by President Joe Biden's administration, say...


Ruto gets the freight train blues

The Mombasa-Nairobi trains are full, but repaying the debts on the loss-making railway is stretching the state treasury

Many see the new Standard Gauge Railway from the capital to the coast as a disaster for public finances but that has not stopped Kenyans from enthusiastically using...


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President Ruto widens the tent

Offering deals and political jobs, the ruling party is getting key opposition politicians to defect

President William Ruto continues to win over supporters of opposition leader Raila Odinga in his traditional strongholds in Nyanza. The President recently gained the support of eight national...

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Raila takes to the streets

The opposition's threat of weekly protests and business shutdowns could force Ruto to make concessions

Heavyhanded policing saw initially peaceful demonstrations descend into running battles in Nairobi and Kisumu between activists and police as opposition leader Raila Odinga's had promised to mobilise his...

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The one-party state bounces back

Borrowing from Daniel arap Moi's playbook, President Ruto's allies plan to turn his coalition into a single, dominant party

After painstakingly building an alliance of mainly small parties to carry him to power last year, President William Ruto is determined to subsume them all into his victorious...


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Voluntary exit or dismissal for Odinga?

Signs that President Ruto was behind opposition leader's departure from African Union post

Opposition leader Raila Odinga's exit from his role as the African Union Commission (AUC) envoy for infrastructure development in Africa has fired up debate over whether he jumped...

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Electoral Commission goes on trial again

As a tribunal hears claims of fraud in the electoral commission, President Ruto and Raila Odinga accuse each other’s supporters of treason

As President William Ruto's government tries to fast-track the selection of new commissioners to the Independent Electoral and Boundaries Commission (IEBC), it has been exchanging allegations with its...


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How a truce in the trade wars boosts business

Making gradual reform moves at home, President Samia Suluhu Hassan has moved faster to mend fences in the region and boost her country's GDP growth

Tanzania's President Samia Suluhu Hassan's regional diplomacy is gradually resolving longrunning tit-for-tat trade disputes in the region in the first few months of her tenure, the president visited...

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The return of one-man rule

The new President has quickly established political dominance at home as the direction of his government takes shape

Having secured, however fleetingly, full-spectrum dominance over the domestic political scene, and with the debt crisis in remission after the International Monetary Fund injected an additional $550 million...


Displaying 46 results from 2023 (out of 713 total).