K
Originally published by Kenyanstop
July 2, 2025
4mo ago
How Kenya Loses Ksh297 Billion Every Year - Report
The amount could easily transform health, education, and infrastructure development...
✨ Key Highlights
A recent report by the African Development Bank (AfDB) has highlighted that Kenya loses at least Ksh297 billion annually due to corruption, tax exemptions, and inefficiencies in public spending.
- Approximately $1.5 billion (Ksh193 billion) is lost each year to corruption and illicit financial flows.
- African Development Bank (AfDB) released the findings on July 2, 2025.
- The report emphasizes that addressing corruption and enhancing transparency are crucial for economic recovery and attracting investment.
Continue Reading
Read the complete article from Kenyans
Part of the Day's Coverage
Political Tensions and Governance Issues in Kenya
Ruto's project leads to evictions, MPs hand ultimatum over truck driver treatment, and corruption concerns arise.
3 stories in this topic
View Full Coverage
