The Kenyan Shilling is the currency of Kenya, facilitating trade and business within the country.
Kenya to Reduce Stake in Safaricom Amid Soaring Debt, Signaling Shift for Telecom and Tech Sectors
Kenya's government aims to raise KSh149 billion ($1.16 billion) by selling stakes in state-owned enterprises, including Safaricom. The government has faced mounting debt servicing costs, paying approximately $5.5 billion in interest from July 2023 to February 2024.
