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JUST IN: Public Debt Soars: Kenya Borrows Ksh100 Billion Monthly to Fund Budget 

  Kenya’s public debt surged to Ksh11.5 trillion by April 30, 2025, according to the latest data from the National Treasury. This marks a steady rise from Ksh11.36 trillion in March, with the government borrowing nearly Ksh100 billion each month in the lead-up to April. The National Government Budget Implementation Review Report for the third quarter of the 2024/2025 financial year, released by Controller of Budget Margaret Nyakang’o, offers deeper insight into the country’s debt status. Covering the period from July 1, 2024, to March 31, 2025, the report reveals that Ksh5.24 trillion, about 46 percent of the debt, is owed
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JUST IN: Digital Fraud Epidemic: 4 in 5 Kenyans Targeted by Online Scammers with Vicious New Tactics 

  Digital fraud is becoming increasingly rampant in Kenya, with four out of five citizens reporting they’ve been targeted in recent months. According to a new report by TransUnion, scammers are taking advantage of Kenya’s rapidly expanding digital landscape to carry out more sophisticated attacks. The report, based on a nationwide survey conducted between November 21 and December 9, 2024, revealed that 82% of Kenyans had received fraudulent emails, texts, phone calls, or online messages in the three months leading up to the study. Alarmingly, 11% of those targeted confirmed they had fallen victim to at least one scam. Cybercriminals are
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JUST IN: Grim Outlook for Kenyan Job Market as CEOs Plan Job Cuts From July 

  Kenya’s job market is bracing for more turbulence as a new survey by the Central Bank of Kenya (CBK) reveals that 127 CEOs are preparing to cut jobs between July and September this year. The findings paint a bleak outlook for employment, with executives blaming the rising cost of doing business and declining sales for their decision. Released on Tuesday, June 17, the report highlights growing pressure on companies to scale down operations. Many CEOs said that a surge in operational costs coupled with reduced revenue has made it difficult to maintain current staffing levels. For job seekers, the situation
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JUST IN: MPs pin hopes on NPSC Nominees to spearhead accountability for rogue officers 

  NAIROBI, Kenya Jun 18 – Members of the National Assembly have backed the nomination of new National Police Service Commissioners (NPSC), emphasizing the urgent need for comprehensive reforms in the police service amid escalating public outrage over alleged brutality and a worsening relationship between law enforcement and citizens. Homa Bay Town MP Peter Kaluma urged Read More

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