Housing Bonds, Budget Overruns & Oil Dreams – Kenya’s Shilling Strategy Unpacked

24/06/2025 13 min

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Episode Synopsis

Episode Highlights:🏘️ State Eyes Sh129 Billion in Housing BondsThe government is turning to Sukuk bonds and REITs to fund affordable housing, despite already collecting Sh120 billion from levies — most of it sitting idle in Treasury bills. Is this a smart financing move or a sign of deeper fiscal gaps?💸 Budget Blowouts at State House, Social Protection & SportsOverspending alert: Sh9.43 billion was spent beyond approved budgets by three departments. From CHAN 2025 preparations to ballooning operational costs at State House — what’s the real story behind the breach?📉 Treasury Slashes Revenue Target AgainKenya’s tax revenue shortfall deepens as economic strain continues. With tax growth slowing to 4.28%, can the government hit its budget without raising taxes?📉 CMA Freezes TransCentury & EA Cables StocksFollowing the dramatic Equity Bank takeover, the Capital Markets Authority halts trading indefinitely. What does this mean for shareholders, investors — and market confidence?🛢️ Kenya Publishes Oil Export RulesNew regulations for oil pipeline construction and operations are out — including a Sh2M permit fee. Is Kenya finally ready to cash in on its crude oil?---🎧 Listen on Spotify, Apple Podcasts & wherever you get your news.🔗 kenyamarketplacedaily.wordpress.com📱 TikTok/IG: @kenyamarketdaily📌 Courtesy: Business Daily

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