Kenya shilling’s free fall inflating foreign debt by Sh3bn daily

GRAPHIC | CHRISPUS BARGORETT | NMG

By  Patrick Alushula

Business Reporter

Nation Media Group

Kenya’s stock of external debts and the cost of repayment is increasing by Sh3.16 billion every day as the shilling sheds its value against the dollar, giving a fresh perspective to the country’s exposure to foreign exchange volatility.

Read more HERE.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME M-Pesa paybills to become KRA tax registers by Dec 25

  2. PRIME Current account deficit drops to eight-year low

  3. PRIME How widow turned around her husband’s business

  4. Kenyatta University overtakes UoN in global varsity ranking

In the headlines

View All