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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>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>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>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>


Tullow Oil lifts ban on its main licences in Kenya

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<p>Kenya Power has opened talks with the energy regulator to increase electricity prices by 20 per cent after the State softened its earlier stand against higher tariffs.</p>


Kenya Power in talks to increase electricity prices by 20%

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<p>Credit rating firm S&#038;P has lowered Kenya’s outlook from stable to negative due to high debt and interest burden that could be worsened by the COVID-19 pandemic. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


S&P lowers Kenya’s outlook to negative citing high debt

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<p>Kenya has set aside $1. 28 billion in this year’s budget for the big four agenda projects, a 70 per cent drop compared to last year’s budget. With only two years left, how is the ambitious plan likely to be achieved and how will COVID-19 affect its implementation? Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


COVID-19: Is Kenya’s big 4 agenda achievable?

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<p>The ratio of non-performing loans in Kenya have hit a 13-year high due to the shocks caused by the covid-19 pandemic. Central Bank data indicate that bad loans increased to 13.1 per cent, the highest since 2007 when they stood at 14.1 per cent. CNBC Africa spoke to Ken Gichinga, Chief Economist at Mentoria Economics for more.</p>


Kenya non-performing loans hit 13-year high due to COVID-19

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<p>Countries have been borrowing extensively to mitigate the impact of COVID-19 which could put some of them in a debt trap. So what can be done to avoid that? Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


mentoria economics

China halts Kenya loans amid debt reprieve bid

Unpacking President Kenyatta’s legacy budget

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

Kenya, US seek to strengthen trade relations

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

Will EPRA finally grant Kenya Power a tariff increase?

Tullow Oil lifts ban on its main licences in Kenya

Kenya Power in talks to increase electricity prices by 20%

S&P lowers Kenya’s outlook to negative citing high debt

COVID-19: Is Kenya’s big 4 agenda achievable?

Kenya non-performing loans hit 13-year high due to COVID-19

How can African countries avoid a COVID-19 debt trap?

News Tips

Advertise With Us

mentoria economics

China halts Kenya loans amid debt reprieve bid

Unpacking President Kenyatta’s legacy budget

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

Kenya, US seek to strengthen trade relations

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

Will EPRA finally grant Kenya Power a tariff increase?

Tullow Oil lifts ban on its main licences in Kenya

Kenya Power in talks to increase electricity prices by 20%

S&P lowers Kenya’s outlook to negative citing high debt

COVID-19: Is Kenya’s big 4 agenda achievable?

Kenya non-performing loans hit 13-year high due to COVID-19

How can African countries avoid a COVID-19 debt trap?

News Tips

Advertise With Us

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