… Central Bank data reported in October put gross domestic debt at Sh7.78 trillion as of September 25, 2026, up from Sh6.84 trillion at the end of 2025. …
… igital lending grows as loans double to Ksh.110 billion By Jasmine Wambui September 25, 2026 10:47 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize Digital lending is growing rapidly under the Central Bank …
… The headline in one of the dailies as they clapped was: "Central Bank approves Nedbank buyout of NCBA Group.” Remember 15 per cent of Safaricom has already been snapped up? …
… Kindiki also cited a reduction in the Central Bank lending rate to commercial banks from 13.5 per cent to 8.75 per cent, saying this had lowered government borrowing costs while creating greater room for private-sector lending. …
… ed that some of his former colleagues became entangled in legal and ethical controversies that remained unresolved for years, saying the burden of those cases persisted throughout their lives. “I had friends who became entangled in such matters, including some at the Central Bank …
… The legislation establishes a governing council chaired by the National Treasury Cabinet Secretary, with the Central Bank Governor and Attorney-General among its members. …
Busia Senator Okiya Omtatah is urging Parliament, the media, and Kenyans to demand greater accountability over public borrowing, calling for "debt justice" that ensures every shilling borrowed is traceable from approval through to how it is spent and who is held responsible for mismanagement. Kenya's public debt stood at Sh13.12 trillion (68.5 per cent of GDP) as of June 2026, with domestic debt at Sh7.78 trillion as of September 25, 2026.
Busia Senator Okiya Omtatah is urging Parliament, the media, and Kenyans to demand greater accountability over public borrowing, calling for "debt justice" that ensures every shilling borrowed is traceable from approval through to how it is spent and who is held responsible for mismanagement. Kenya's public debt stood at Sh13.12 trillion (68.5 per cent of GDP) as of June 2026, with domestic debt at Sh7.78 trillion as of September 25, 2026.
The Central Bank's 2025 Bank Supervision Annual Report shows digital lending nearly doubled to Ksh.110 billion in one year, with licensed lenders rising from 85 to 195 and loan accounts increasing from 4 million to 6.7 million. The CBK says it is strengthening oversight of loan pricing, lending practices and customer data as the market expands.
Kenya's mortgage market recorded robust growth in 2025, with Kenya Mortgage Refinance Company increasing financing to lenders by Sh7.7 billion, enabling more Kenyans to access single-digit mortgage loans. The Central Bank reported that 75.6 per cent of mortgage loans were on variable interest rates in 2025, down from 85.9 per cent in 2024.
President Ruto launched the Kenya Diaspora Impact Platform in New York this week to redirect diaspora remittances from monthly transfers into investment channels like MSME financing and development projects. The initiative comes as remittances—Kenya's largest source of foreign exchange at $5.04 billion in 2025—declined for the first time in about 17 years in the first seven months of 2026.
Kenya's medium and small-scale traders welcomed a decision to bar foreign hawkers from operating in the country following a State House visit, yet the article notes this occurs alongside foreign acquisition of major Kenyan firms including a 15 per cent stake in Safaricom and Kenya Airways' search for a strategic foreign investor.
Private sector credit grew 10.2 percent, partly due to risk-based pricing, but small and medium enterprises say they have not seen meaningful improvement in credit access or affordability. The National Taxpayers Association notes that MSMEs remain Kenya's most credit-constrained segment despite banks doubling their collective MSME lending commitment to over Ksh.350 billion.
Deputy President Kithure Kindiki has warned that frequent changes to government policies could undermine Kenya's development, urging the country to shield long-term programmes from political interference and focus on building a sustainable national agenda. He cited economic stabilisation under President William Ruto's administration, including inflation below six per cent, $3.2 billion in foreign direct investment last year, and a reduction in the Central Bank lending rate to commercial banks from 13.5 per cent to 8.75 per cent.
Former Treasury Cabinet Secretary Njuguna Ndung'u has accused President William Ruto of eroding the independence of public institutions through political interference and creating a culture of fear among public officials. Ndung'u said the capacity for integrity exists but is undermined when political leaders exert undue influence over independent offices.
Controller of Budget Margaret Nyakang'o told Parliament that Kenya's public debt has reached Ksh.12.82 trillion, with 71 per cent of revenue going to loan repayment and only 29 per cent available for government operations. She warned the government continues to borrow beyond approved ceilings and that counties are diverting approved funds.
Kenya is preparing to unlock pension savings to finance major infrastructure, manufacturing and county development projects following the enactment of the National Infrastructure Fund Act, 2026, which creates a vehicle for mobilizing long-term capital from pension funds and other sources into strategic national projects.
The People's Empowerment Party has welcomed the IEBC's move to operationalise the Election Campaign Financing Act, saying the dormant law since 2013 could reduce money's influence in politics. The party cautioned that spending limits alone would be ineffective without strict enforcement, citing the suspension of limits before the 2017 election.
Girls' schools swept top honours across most competitive classes at the Nairobi Region Kenya Music Festival, with Karen C Girls winning every class it entered, while education stakeholders expressed concern that boys are steadily withdrawing from the festival.
An opinion piece argues that the fire at Utumishi Girls Senior School that killed 16 students exposes gaps in regulatory oversight of basic education institutions. The author calls for stronger enforcement of standards by the Educational Standards and Quality Assurance Council (ESQAC) and other oversight bodies to prevent future catastrophes.
Safina Party leader and 2027 presidential hopeful Jimi Wanjigi vowed during a town hall in Mombasa to abolish the Social Health Authority, remove Value Added Tax, introduce free education from primary to TVET level, and refuse to honour what he described as illegitimate public debt acquired outside proper budgeting processes.
More than 17,500 people have registered for the fifth edition of the Nairobi City Marathon on June 7, exceeding the organizers' target of 15,000. Competition director Barnaba Korir said preparations are in final stages with all registration slots taken.