by muckbivi83S&P Global Ratings Upgrades Kenya to “B” (Stable Outlook)
On August 22, 2025, S&P Global Ratings raised Kenya’s long-term sovereign rating from B- to B, maintaining a stable outlook
Easing of near-term external liquidity risks, underpinned by strong export performance and sizeable diaspora remittances
Foreign exchange reserves climbed to a record US $11.2 billion by July 2025, up from about US $6.6 billion at the end of 2023
Eurobond operations: A US $1.5 billion issuance in February 2025, alongside a buy-back, significantly cut near-term Eurobond repayments—from US $300 million to US $108 million annually over 2025–2027
Improved domestic funding conditions: The Central Bank of Kenya cut its policy rate by 350 basis points since August 2024, bringing it down to 9.5% by August 2025. This helped reduce 91-day Treasury bill yields from 16% (July 2024) to about 8% (July 2025)
Narrowing current account deficit: From 2.6% of GDP in 2023 to 1.3% in 2024
Additional note: The short-term sovereign rating was affirmed at B, while the transfer and convertibility assessment was upgraded from B to B+, signaling better confidence in Kenya’s currency and capital flow dynamics
In Summary
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S&P upgraded Kenya to “B” with a stable outlook on August 22, 2025, citing improved liquidity, robust reserves, and successful debt operations.
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Moody’s improved the outlook to “positive” earlier in January 2025, though the rating remains Caa1.
This signals renewed investor confidence as Kenya navigates liquidity pressures, though maintaining progress will require continued fiscal reform and debt management.
Oparanya and Mbadi Ordered to Face Senate Committee Over Missed Summons
Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya and his Treasury counterpart John Mbadi have been directed to appear before the Senate Committee on Labour and Social Welfare this Wednesday after skipping earlier summons.
The two Cabinet Secretaries are expected to shed light on critical matters affecting the cooperative sector, small businesses, and broader economic welfare. Senators expressed frustration over their failure to attend previous sittings, terming it a show of disregard for parliamentary oversight.
According to sources within the committee, the lawmakers want Oparanya and Mbadi to explain government plans on funding MSMEs, cooperative reforms, and measures to cushion workers and businesses from the harsh economic environment. The senators argue that without accountability and clarity from the executive, many Kenyans depending on small businesses and cooperatives for survival will continue to suffer.
Committee Chairpersons have warned that continued failure to appear could trigger more serious consequences, including motions of censure.
This summons comes at a time when Kenyans are grappling with a tough economic climate, with rising unemployment and complaints from small traders about limited access to affordable credit. The session is expected to be heated, as senators push for answers on how the government intends to deliver on its pledges to support job creation, cooperative growth, and MSME financing.
If Oparanya and Mbadi honour the summons this time, their appearance could provide crucial updates on the government’s economic recovery agenda and shed light on whether the much-talked-about support funds for small enterprises are reaching the intended beneficiaries.
Murkomen Warns Gachagua Against Disrupting Peace in Nairobi Ahead of Return from U.S.
Interior Cabinet Secretary Kipchumba Murkomen has issued a stern warning to Democracy for Citizen Party (DCP) leader Rigathi Gachagua ahead of his highly anticipated return from the United States on Thursday.
Speaking during a press briefing in Nairobi, Murkomen cautioned the former deputy president against any attempts to destabilize peace and security in the capital, noting that government agencies have already put measures in place to maintain law and order.
“Nairobi is a city of all Kenyans. We will not allow anyone, regardless of their political position, to disrupt normalcy or incite violence. Any individual planning to cause chaos should be aware that the law will take its course,” Murkomen said.
Gachagua’s return has sparked speculation of a grand political reception organized by his supporters, some of whom are reportedly planning a march to the Jomo Kenyatta International Airport (JKIA). This has raised concerns over possible confrontations with security forces and disruptions to city operations.
Murkomen further urged political leaders to exercise restraint and responsibility, emphasizing that Kenya’s democracy must be safeguarded through peaceful engagement, not street battles.
“We respect the right to assemble and associate, but that must happen within the law. The people of Nairobi should not be inconvenienced or put at risk because of selfish political interests,” he added.
The CS’s remarks come amid heightened political tensions, with analysts suggesting that Gachagua’s U.S. trip and subsequent return could mark the beginning of a new political strategy ahead of 2027. His supporters, however, maintain that they are simply welcoming back their party leader and former deputy president.
As Nairobi awaits Gachagua’s homecoming, the government’s position remains clear: security agencies will be on high alert to prevent any breach of peace.
Former Jubilee Secretary General Raphael Tuju Resigns After Six Years
Former Jubilee Party Secretary General Raphael Tuju has officially resigned from the outfit after serving in the powerful position for six years.
In a letter dated August 19, Tuju reflected on his political journey within Jubilee, highlighting the moments he shared during the party’s rise to power under former President Uhuru Kenyatta. He noted that his tenure allowed him to witness both the triumphs and challenges of the party as it navigated Kenya’s shifting political landscape.
Tuju was first appointed Secretary General in 2017, a period that saw Jubilee play a central role in Kenya’s politics. He worked closely with President Kenyatta during his second term, particularly in steering party affairs and managing coalition dynamics.
While he did not disclose his next move, Tuju expressed gratitude to the party leadership and members for their support, adding that his resignation was guided by personal reflection and the need to pursue new opportunities.
His exit marks the end of an era for Jubilee, which has undergone internal wrangles and leadership changes since the departure of President Kenyatta from active politics.
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Some Jubilee members praised Tuju for his service, describing him as a steady hand who guided the party through turbulent times.
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Others, particularly critics allied to President Ruto’s UDA, argued that his resignation was long overdue, citing Jubilee’s dwindling influence as evidence of failed leadership.
Forex Trader Sammyboy Hospitalized After Alleged Attack
Popular forex trader and social media personality Sammyboy was rushed to hospital on Sunday following an alleged late-night attack that also left his luxurious Audi with a shattered windscreen.
According to reports, the incident happened under unclear circumstances, with eyewitnesses claiming that Sammyboy was ambushed by unknown individuals. Images of the damaged vehicle surfaced online, sparking speculation and concern among his fans and fellow traders.
While the extent of his injuries has not yet been disclosed, sources close to him confirmed that he was admitted for treatment and is currently in stable condition.
The motive behind the attack remains unknown, but some online users have linked it to his high-profile lifestyle and outspoken personality in the forex community. Others have suggested it could be related to his ongoing feuds and controversies on social media.
Police have yet to issue an official statement regarding the matter, but investigations are reportedly underway.
Sammyboy, who has built a name for himself as one of Kenya’s most talked-about forex traders, is known for flaunting his wealth and cars, often attracting both admiration and criticism. This latest incident has once again put him in the spotlight, with fans flooding social media platforms to wish him a quick recovery.
Harambee Stars Players Say Bahati Has Not Fulfilled His KSh 1 Million Promise After Morocco Win
The Harambee Stars camp is buzzing with mixed emotions after their historic 2-1 win over Morocco in the ongoing CHAN 2024 tournament. While Kenyans across the country celebrated the victory, several players have come forward claiming that singer Bahati has not fulfilled his promise of rewarding them with KSh 1 million.
Before the match, Bahati had publicly announced that he would gift the national team the cash incentive if they defeated Morocco, a football powerhouse in Africa. The players say they were motivated by the pledge, but weeks later, no money has been delivered.
“Promises are meant to be kept. We gave our best on the pitch, but now it seems like the word was just for show,” one player anonymously told reporters.
The unfulfilled pledge has sparked mixed reactions among fans on social media, with some accusing Bahati of chasing clout using the national team, while others have urged patience, arguing that he may still honor the promise.
Bahati has yet to respond publicly to the allegations, but football lovers insist that celebrities and public figures should be more responsible with their words, especially when addressing national pride moments like Harambee Stars’ victory.
The win against Morocco was a major milestone for Kenya, boosting hopes of advancing further in the competition. However, the controversy around Bahati’s pledge threatens to overshadow the team’s hard-earned success.
Kenya vs Zambia – The Battle for Group A Glory!
The CHAN 2024 Group A clash between Kenya and Zambia is set for Sunday, August 17, 2025, at Uhuru Park, Nairobi.
This marks a significant moment, as it will be one of the first major competitive international matches hosted at the newly refurbished Uhuru Park since its transformation into a multi-purpose public and events venue. The match carries high stakes for both teams — Kenya will be looking to secure crucial points to keep their qualification hopes alive, while Zambia aims to strengthen their grip on the top spot in the group.
Security and crowd management are expected to be under heavy scrutiny after CAF recently fined the Football Kenya Federation (FKF) over safety breaches during the Morocco fixture at Kasarani, warning that non-compliance could force Kenya to host matches elsewhere.
Fan interest is already high, and with Uhuru Park’s central location, a massive turnout is anticipated, potentially setting a new attendance record for the revamped venue.
MISS MORGAN My Mother helped me as I battled With Depression and Alcoholism.
Miss Morgan from Tahidi High Opens Up About Her Battle with Depression, Alcoholism, and Suicidal Thoughts
Beloved former Tahidi High actress Angel Waruinge, famously known as Miss Morgan, has shared a deeply personal account of her struggles with mental health. The actress revealed that behind her vibrant on-screen persona, she silently fought depression, battled alcoholism, and wrestled with suicidal thoughts.
Miss Morgan says her lowest moments came when fame faded and personal challenges mounted, leaving her feeling lost and hopeless. She turned to alcohol as a coping mechanism, which only worsened her situation. The turning point came when she sought professional help and embraced therapy, self-awareness, and spiritual healing.
Today, she is a mental health advocate, using her story to inspire others to seek help, break the stigma, and understand that recovery is possible.
“You can rise from the ashes — but you have to be willing to fight for yourself,” she says.
Amber Ray Buys Herself a New Range
Socialite Amber Ray is once again making headlines after splurging on a brand-new Range Rover, treating herself to what she calls a “reward for hard work and resilience.”
The mother of two took to Instagram to share videos of the sleek ride, which boasts a luxurious interior and a fresh customized plate, telling her fans that she believes in “celebrating milestones without waiting for anyone else to do it for you.”
Known for her bold personality and unapologetic lifestyle, Amber hinted that the purchase was a way of closing one chapter and stepping into a new season in her life. She also reminded her followers that self-love sometimes comes with a price tag — and for her, this one happens to be a top-tier British SUV.
The post immediately drew congratulatory messages from fans and fellow celebrities, with some praising her hustle and independence, while others joked about “manifesting Amber’s kind of blessings.”
Whether you’re a fan or a critic, one thing’s for sure — Amber Ray knows how to make an entrance, and this time, she’s doing it in style behind the wheel of her brand-new Range Rover.
Flaqo Reignites “Sim2” Drama with Forex Traders Through Cheeky Post
Kenyan comedian Flaqo has once again poked the “Sim2” bear, reigniting tensions with forex traders after sharing a seemingly subtle but loaded post on social media.
On Thursday, Flaqo uploaded a photo of a smiling couple wearing matching white T-shirts with the bold statement: “Nothing funnier than a one-sided beef.” While he didn’t directly mention names, the timing and context had many netizens convinced it was aimed at a certain group — forex traders who were upset over his earlier skits linking their business to the controversial “Sim2” operation.
For those unfamiliar, the “Sim2” business refers to a scam that recently trended online, where unsuspecting victims are tricked into fraudulent investments using SIM card swap tactics. Flaqo’s comedy skit, which humorously portrayed a forex trader involved in such dealings, sparked backlash from members of the trading community, some accusing him of tarnishing their profession’s image.
While some traders demanded an apology, others dismissed the incident as harmless satire. Flaqo had briefly addressed the uproar, claiming his content was purely for entertainment. But with his latest post, fans believe he’s making it clear he’s unbothered by the criticism.
Online reactions have been mixed:
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Supporters see it as a harmless clapback and praise him for staying true to his comedic style.
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Critics accuse him of reigniting unnecessary conflict and “chasing clout” from the controversy.
Whether intentional or just playful banter, one thing is certain — Flaqo has once again reminded Kenyans that in comedy, nothing is off limits, and in the court of public opinion, the drama is just as entertaining as the jokes.
#Flaqo #Sim2 #ForexTraders #KenyaComedy #OnlineDrama
