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Originally published by The Standard Business
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April 6, 2026
9h ago

How Treasury is edging out 'mama mboga' for banks

How Treasury is edging out 'mama mboga' for banks

Kenya’s increased reliance on local borrowing is raising concerns that it is crowding out businesses and households from accessing credit, potentially slowing economic growth...

✨ Key Highlights

Members of Parliament are raising concerns that the National Treasury's substantial appetite for local debt is crowding out Kenyan businesses and households from accessing crucial loans.

  • The National Treasury is reportedly borrowing heavily from the domestic market.
  • The borrowing is being criticized by Members of Parliament.
  • This practice is seen as limiting credit availability for Kenyan businesses and households.

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