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<p>Negotiations for a free trade deal between Kenya and the United States face fresh hurdles after the expiry of a key legislative tool for getting faster Congress approval, dimming the prospects for its conclusion.</p>


Kenya-US trade deal faces fresh hurdles

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<p>In January 2021, China and other rich countries under the Debt Service Suspension Initiative gave Kenya a six-month debt repayments relief. Now, Kenya is seeking deals to suspend debt service covering the six months to the end of December. Reports coming in reveal that China has frozen disbursements of active loans to Kenyan projects in the wake of differences over Nairobi’s bid to extend debt repayment holiday to December. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa  for more.</p>


China halts Kenya loans amid debt reprieve bid

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<p>The 2021/22 financial year budget comes during President Uhuru Kenyatta&#8217;s final year in office. Kenya&#8217;s Treasury Cabinet Secretary Ukur Yatani, has had to find a balance between the president&#8217;s capital-intensive legacy projects and facilitating recovery of a battered economy from the effects of the Covid-19 pandemic. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


Unpacking  President Kenyatta’s legacy budget

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<p>In Kenya, according to the National Treasury and Planning Cabinet Secretary Ukur Yatani, the State has chopped off $82.5 Million from its 2021/2022 budget on both its development and recurrent expenditure targets amid a tough economy. Ken Gichinga, Chief Economist at Mentoria Economist joins CNBC Africa for more.</p>


Kenya 2021/22 budget cuts; Losers

Kenya 2021/22 budget cuts; Losers, gainers

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<p>The budget estimates for the 2021/22 financial year have been tabled before Kenya&#8217;s National Assembly. What are the key figures to look out for and what will they mean for the Kenyan taxpayer? Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


Kenya plans to spend in excess of Ksh3.6 trillion in 2021/22 budget

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<p>Kenya and the US have begun discussions on trade and investment opportunities between the two countries and the massive potential of the US-Kenya Free Trade Agreement signed in 2020 during the Trump Presidency.</p>


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Kenya, US seek to strengthen trade relations

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<p>In the year ended December 2020, Kenya Airways took a loan of $101.7 million from the government to fund its operations at a time the Covid-19 pandemic had hurt its cash flows. The carrier will pay an interest of $1.38 million per year on the loan. The repayment of the principal is expected at the end of the five years. Economic Analyst, Ken Gichinga joins CNBC Africa to unpack KQ&#8217;s recovery plans.</p>


Unpacking $101.7mn KQ loan deal with government

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<p>Following the expiry of a one-year window through which the lenders had extended and restructured the loan repayments for customers impacted by Covid-19 pandemic, Kenyan bank borrowers have three months to regularise their loan repayments.</p>


Kenya’s Central Bank gives borrowers 3 months to regularise bank loan repayments

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<p>Kenya has with immediate effect banned the importation of maize into the country from two neighbouring countries Uganda and Tanzania. According to a letter by the acting Director-General of the Agriculture and Food Authority, Kello Harsama to Pamela Ahago, Commissioner of Customs in the Kenya Revenue Authority, this decision was decision was made after a survey conducted indicated maize from the two countries is not fit for human consumption. CNBC Africa spoke to Ken Gichinga, Chief Economist at Mentoria Economics.</p>


Why is Kenya banning maize imports from Uganda

Why is Kenya banning maize imports from Uganda, Tanzania?

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<p>The Central Bank of Kenya is working on a 5-year payments system strategy which aims to build a strong and secure payments system in the country. To understand its implications on digital payments and the financial sector in general, CNBC Africa spoke to Ken Gichinga, Chief Economist at Mentoria Economics.</p>


Unpacking Kenya’s new open banking strategy

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<p>After initially declining to take up the debt payments relief plan under the G20 summit, the government of Kenya has had a change of heart and will now have her debt servicing suspended for the first six months of 2021. CNBC Africa spoke to the Chief Economist at Mentoria Economics, Ken Gichinga for more.</p>


Mentoria Economics: Why Kenya made a U-turn on debt assistance

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<p>On the continent, governments lose about $25 billion annually to corporate abuse by multinationals who transfer profits to offshore tax havens and to individuals engaging in tax evasion through undeclared assets. According to data collected jointly by numerous watchdog organizations, East African governments lost over $1.2billion. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


This is how much African govts lose from fraud & tax avoidance annually

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<p>Energy and Petroleum Regulatory Authority agreed to Kenya Power&#8217;s tariff hike of at least 20 per cent. If implemented, the higher tariffs will aid Kenya Power’s turnaround efforts, but hurt household budgets and raise the already high cost of doing business in Kenya. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


Kenya Power tariff hike: Here’s why it’s time to shift to renewable energy

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<p>Public and Private companies in Kenya have been ordered to provide the state with the identity of shareholders within three months. The decision concerns investors who own more than 10 per cent in the firms through secret accounts. But how significant is this move? Ken Gichinga, Chief Cconomist at Mentoria Economics shares his thoughts.</p>


Kenya sets deadline for firms to reveal secret investors

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<p>It is predicted that Kenya’s borrowing run rate under the Jubilee administration will be at Sh2.5 billion a day up until the next election.</p>


Rising public debt weighs on Kenya’s growth outlook

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<p>Kenya Power has since last year been engaging the Energy and Petroleum Regulatory Authority (EPRA) on the application it made last September seeking a revision of tariffs to cushion it from losses and supplier defaults. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


Will EPRA finally grant Kenya Power a tariff increase?

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<p>British firm Tullow Oil lifted its declaration of force majeure on its main licences in Kenya, paving way for resumption of activities at its Turkana oil sites is informed by the easing of COVID-19 restrictions.</p>


ken gichinga

Kenya-US trade deal faces fresh hurdles

China halts Kenya loans amid debt reprieve bid

Unpacking President Kenyatta’s legacy budget

Kenya 2021/22 budget cuts; Losers, gainers

Kenya plans to spend in excess of Ksh3.6 trillion in 2021/22 budget

Kenya, US seek to strengthen trade relations

Unpacking $101.7mn KQ loan deal with government

Kenya’s Central Bank gives borrowers 3 months to regularise bank loan repayments

Why is Kenya banning maize imports from Uganda, Tanzania?

Unpacking Kenya’s new open banking strategy

Mentoria Economics: Why Kenya made a U-turn on debt assistance

This is how much African govts lose from fraud & tax avoidance annually

Kenya Power tariff hike: Here’s why it’s time to shift to renewable energy

Kenya sets deadline for firms to reveal secret investors

Rising public debt weighs on Kenya’s growth outlook

Will EPRA finally grant Kenya Power a tariff increase?

Tullow Oil lifts ban on its main licences in Kenya

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ken gichinga

Kenya-US trade deal faces fresh hurdles

China halts Kenya loans amid debt reprieve bid

Unpacking President Kenyatta’s legacy budget

Kenya 2021/22 budget cuts; Losers, gainers

Kenya plans to spend in excess of Ksh3.6 trillion in 2021/22 budget

Kenya, US seek to strengthen trade relations

Unpacking $101.7mn KQ loan deal with government

Kenya’s Central Bank gives borrowers 3 months to regularise bank loan repayments

Why is Kenya banning maize imports from Uganda, Tanzania?

Unpacking Kenya’s new open banking strategy

Mentoria Economics: Why Kenya made a U-turn on debt assistance

This is how much African govts lose from fraud & tax avoidance annually

Kenya Power tariff hike: Here’s why it’s time to shift to renewable energy

Kenya sets deadline for firms to reveal secret investors

Rising public debt weighs on Kenya’s growth outlook

Will EPRA finally grant Kenya Power a tariff increase?

Tullow Oil lifts ban on its main licences in Kenya

News Tips

Advertise With Us

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