At least 29 State-owned entities have applied to write off historical loans deemed unrecoverable, even as defaults rise and Kenya Railways’ SGR debt remains unpaid.
By
Patrick Alushula
Business Reporter
Nation Media Group
State firms are seeking to write off about Sh28.55 billion in loans after years of defaults, effectively shifting the financial burden to taxpayers.
Taxpayers face Sh28.5bn hit as State firms seek debt write-off
Kenya's debt nears Sh13 trillion mark as repayment woes mount
Treasury mulls slashing Sh4.8tr budget, tax hikes still an option
Publishers demand payment of Sh9.5 billion owed by State | Daily Nation
If approved, the write-offs would transfer the financial burden to taxpayers.
Treasury data shows at least 14 state-owned enterprises had accumulated Sh44.87 billion in non-guaranteed debt by June 2025, much…
Delays in settling debt owed to contractors and firms continue to be a nightmare for the private sector, leading to lay-offs of…
The push from MPs comes at a time when at least 29 State-owned entities have applied for write-offs of about Sh28.55 billion in…
The loan repayments by KenGen and KPA come in a year when Treasury did not allocate cash to pay guaranteed debt, exposing Kenya…
The rise in debt comes even as the government has accelerated a series of liability management operations designed to smoothen…
