Kenya Dollar crisis piles pressure on Sh75bn State firms foreign debt State-owned enterprises (SoEs) are sitting on non-guaranteed foreign currency debt worth Sh74.9 billion, exposing them to higher financing costs due to the sharp depreciation of the shilling against the US dollar. The dollar loans

The fate of the US-Kenya Strategic Trade and Investment Partnership (STIP) signed by the two countries in August this year is shrouded in a cloud. When regimes change, priorities also change. Under President Trump, Kenya started negotiating a bilateral Free Trade Agreement that would survive