×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App
The Standard

Kenya debt to China hits Sh650b as SGR takes up more funds

By Dominic Omondi | 6yrs ago

China’s debt ballooned to Sh650 billion in 12 months to June 2019 after the country raked up more loans from Beijing to fund the Standard Gauge Railway (SGR).

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in

Related Topics

Standard Gauge Railway SGR China Debt
.

Similar Articles

New bid to double Kenya-UK trade to Sh680b
New bid to double Kenya-UK trade to Sh680b
Kenya this week initiated discussions with the United Kingdom regarding a digital trade agreement as the country aims to double its business with the UK to Sh680 billion by 2030.
Business
By Graham Kajilwa
3 hrs ago
Why blended finance is gaining traction in Kenya's search for sustainable funding
Why blended finance is gaining traction in Kenya's search for sustainable funding
Across Africa, blended finance has been promoted as a response to a widening development financing gap, particularly in infrastructure and climate-related projects.
Business
By Fay Ngina
8 hrs ago
'We are coming for you,' Why KRA has suspended nil tax filings
'We are coming for you,' Why KRA has suspended nil tax filings
KRA blocks nil tax filings until end of March to allow it to comb through data and convert nil filers and non-filers into taxpayers, Deputy Commissioner Njau says.
Business
By Ronald Kipruto
12 hrs ago
EAC launches first regional framework to strengthen pandemic preparedness
EAC launches first regional framework to strengthen pandemic preparedness
The instrument is designed to strengthen collective action against public health emergencies across the eight EAC Partner States.
Business
By James Wanzala
13 hrs ago
Which Singapore? Controller of Budget downplays Ruto's dream
Which Singapore? Controller of Budget downplays Ruto's dream
The Controller of Budget has watered down President Ruto’s Singapore dream, warning that the vision is unattainable as long as fiscal projections remain disconnected from citizens’ lived realities.
Business
By Esther Dianah
18 hrs ago
IMF to Kenya: Anti-corruption reforms key to new funding deal
IMF to Kenya: Anti-corruption reforms key to new funding deal
IMF has released a long-awaited audit of Kenya’s corruption vulnerabilities, making its recommended reforms a central condition for resuming bailout talks with Kenyan government in February.
Business
By Brian Ngugi
19 hrs ago
New CBK loan pricing model sparks lower lending costs
New CBK loan pricing model sparks lower lending costs
Borrowers are paying less for loans, new Central Bank of Kenya (CBK) data shows, as a new pricing system takes effect and passes on recent interest rate cuts.
Business
By Brian Ngugi
21 hrs ago
NCBA to ride on Nedbank's muscle in regional expansion
NCBA to ride on Nedbank's muscle in regional expansion
NCBA MD John Gachora said Nedbank’s strong balance sheet and technical expertise would help the bank scale up in its current markets and also explore new growth opportunities in the region. 
Business
By Macharia Kamau
21 hrs ago
Kenya, India seek strategic reset in trade, security and technology
Kenya, India seek strategic reset in trade, security and technology
Kenya and India are rethinking the future of their bilateral relationship due to shifting global power dynamics, economic uncertainty and security pressures.
Business
By Ryan Kerubo
1 day ago
Factories review the green leaf payment following farmers demand
Factories review the green leaf payment following farmers demand
Francis Mwaniki, a farmer in Rukuriri, said the monthly increment will improve the livelihoods of the tea farmers and their dependents.
Business
By Boniface Gikandi
1 day ago
.

Latest Stories

New bid to double Kenya-UK trade to Sh680b
New bid to double Kenya-UK trade to Sh680b
Business
By Graham Kajilwa
3 hrs ago
Why blended finance is gaining traction in Kenya's search for sustainable funding
Business
By Fay Ngina
8 hrs ago
'We are coming for you,' Why KRA has suspended nil tax filings
Business
By Ronald Kipruto
12 hrs ago
EAC launches first regional framework to strengthen pandemic preparedness
Business
By James Wanzala
13 hrs ago
.

The Standard Insider

.

Digger Classified

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel
The Standard
© 2026. The Standard Group PLC. All rights reserved