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HELB CEO Geoffrey Monari when he appeared before the Marsabit Senator Mohamed Said Chute led-Senate Committee on National Cohesion, Equal Opportunity, and Regional Integration in Parliament on 30th March,2026. PHOTO/DAVID BOGONKO NYOKANG’I
Education and Career

HELB presses 290,000 former beneficiaries to repay Sh29 billion

Monari said HELB does not operate like a one-time funding programme, explaining that money recovered from former beneficiaries is used to finance new applicants.

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MPs demand answers over unsecured loans to Kenya Airways
News

MPs demand answers over unsecured loans to Kenya Airways

The Public Accounts Committee (PAC), chaired by Vice Chairperson and Garissa County Woman Representative Amina Udgoon Siyad, scrutinized the Auditor General’s report, which highlighted irregular spending, unapproved transactions, and potential losses of taxpayer money. The audit revealed that the airline received Sh10 billion in 2022/2023 as an on-lent loan, taking the total funding between 2019 and 2023 to Sh41.27 billion.

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Treasury opts to repay, not refinance, Sh55bn TDB facility
Business

Treasury opts to repay, not refinance, Sh55bn TDB facility

According to Treasury records, as of June 2024, Kenya owed TDB about $418 million (Sh54 billion) in syndicated loans scheduled to mature between September and early October 2025. The largest portion, about $314.2 million (Sh40.6 billion) was due on September 19, while the remaining $116.3 million (Sh15 billion) was to be settled by October 6.

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