The non-payment of interest has contributed to the airline’s debt owed to the government growing to Sh131.4 billion in the year ended December 2025, up from Sh108.3 billion the year before.
By
George Ngigi
Correspondent
Nation Media Group
Kenya Airways defaulted on Sh8.5 billion interest on funds borrowed from the government last year, underlining the rising burden of keeping the national carrier in the air for taxpayers.
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At least 29 State-owned entities have applied to write off historical loans deemed unrecoverable, even as defaults rise and Kenya…
If approved, the write-offs would transfer the financial burden to taxpayers.
Official government data shows that Kenya's public debt is racing towards a record of Sh13 trillion.
The government’s determination to widen the tax base reflects an attempt to curb excessive borrowing and restore fiscal stability.
The government owed the petroleum sector players more than Sh20 billion, with the bulk of the money at Sh13.74 billion incurred…
The government plans to use an extra Sh5 from the fuel levy as collateral to raise Sh120 billion for road projects, increasing…
