The Infrastructure Fund’s architecture undermines the expectation of full autonomy from political and executive meddling.
- Associate professor, Finance, University of the Witwatersrand
A deep analysis reveals the flawed structure and opaqueness of the proposed Jomo Kenyatta International Airport deal.
Unless Kenya secures a write-off or other debt-reducing deal, it will almost certainly default.
Kenya wants to keep the shilling’s value artificially high, but it will soon realise that foreign currency reserves, used for intervention, are not limitless
The negative investor sentiment and massive capital flight could be reversed by improved governance and accountability.
Ruto’s administration continues to borrow, just like the previous regime.
With Uhuru Kenyatta leaving office to make way for a new leader, it was always going to be an eventful year for Kenya.
There’s a gap between Kenya’s public spending and its revenue. If the country owes more than it can repay, citizens will suffer.
The most prominent economic legacy of Kenyatta’s government is runaway public debt.
Kenya’s heavy debt burden is worrisome and could damage its economy in the long-term.
As news of mega corruption scandals continue to dominate headlines in Kenya, the economy has taken a major hit.
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