Business & Economy3 stories from 1 sources
Kenya remittances drop Sh21.6bn in March - March 2026
Money sent home by Kenyans abroad experienced a significant drop of Sh21.6 billion as of March 16, 2026, according to new data released by the Central Bank of Kenya. Kenya's increasing reliance on domestic borrowing, now exceeding 54 percent of its total public debt, is sparking debate about its impact on the economy. The government's strategy shifts capital away from private sector growth, raising concerns about sustainability and governance. Separately, Kenya's insurance sector is experiencing significant growth in premium volumes and assets, but faces a critical challenge in public confidence due to opaque and slow claims processes.
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Monday 11:45 AMCapital Business
Kenya’s domestic borrowing: Strategic shield or economic stranglehold?
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