Tag: kenya

Latest Article 12 Apr 2024

Soaring commitment fees on unused loans amid weak shilling sparks debt management and policy concerns.

Kenya finds itself in a concerning scenario with its external borrowing, as a weak shilling has resulted in the country paying a staggering Sh833.85 million in commitment fees on unused loans in the first half of the current financial year (ending December 2023). This is on track to surpass the Sh1.35 billion paid for the […]...

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