Too close for comfort: Kenyan banks and their high State debt appetite - Business Daily

Kenya's banking sector and its sovereign debt market are in a state where everything appears stable on the surface, but structural imbalances are quietly building beneath. Financial analysts describe this relationship as 'comfortable but concerning,' drawing the attention of global financial watchdogs. The situation raises concerns about the increasing reliance of Kenyan banks and the government on debt. The apparent stability masks potential risks to the country's economy.