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Kenya's Borrowing Culture: A Growing Concern

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 7 October 2019.

Published on October 7, 2019, Kamene Goro and Andrew Kibe discussed Kenya's alarming borrowing culture on their show.

According to media reports, the Kenyan government under Uhuru Kenyatta has significantly increased the country's borrowing, with an average of 2.4 billion shillings borrowed every day.

Breaking it down further, Kamene Goro highlighted the impact on individual Kenyans, who reportedly borrow 200 million shillings through Fuliza every day.

As Kibe noted, this staggering figure of 200 million shillings borrowed daily is a stark reminder of the country's economic state.

Watch the full discussion to learn more.

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