debt
When Debt Knocks:The Unravelling of Raphael Tuju
Business ambition often begins with optimism. Plans are drawn, investors are convinced, loans are secured, and the future looks polished on glossy architectural...
SABRINA BT4 Mins read
ARM Cement Set for Final Closure Amid Ksh11.8B Debt
Eight years after it was placed under administration, ARM Cement Limited is preparing to formally close its business as liquidators work to resolve...
SABRINA BT2 Mins read
Treasury Raises Ksh290B in Fresh Eurobond to Refinance 2028, 2032 Debt
Kenya has raised Ksh 290 billion (about $2.25 billion) from international markets in a fresh Eurobond sale aimed at managing upcoming debt repayments...
SABRINA BT2 Mins read
WEF: Debt Burden Casts Shadow Over Sub-Saharan Africa’s Economic Outlook
Economic prospects for Sub-Saharan Africa are weakening this year as rising debt and costly borrowing continue to strain government finances, according to economists...
SABRINA BT2 Mins read
PS Kiptoo: Kenya Uses Nearly Half of Tax Revenue to Service Debt
Treasury Principal Secretary Chris Kiptoo has revealed that Kenya is spending nearly half of its ordinary revenue on debt servicing, raising fresh concerns...
SABRINA BT2 Mins read
KAM Raises Red Flag as Ksh11B Debt Threatens Grade 10 Textbook Production
The Kenya Association of Manufacturers (KAM) has raised an alarm over a Ksh 11 billion debt that the government owes textbook publishers and...
SABRINA BT3 Mins read
Ndindi Nyoro Warns Govt Against Secret Borrowing, Cites Senegal’s Debt Crisis
Kiharu MP Ndindi Nyoro has warned that Kenya could face a major economic crisis if the government continues secret borrowing. In a statement...
SABRINA BT2 Mins read
EABL Redeems Ksh11B Bonds Early in Strategic Debt Shift
East African Breweries PLC (EABL) has announced plans to redeem its Ksh 11 billion Medium Term Notes ahead of schedule, marking one of...
SABRINA BT1 Mins read
Kenya Bags Ksh193.8B, Beats Debt Deadline with Early Eurobond Payment
Kenya has pulled off a major win in the global debt markets, raising USD 1.5 billion (Ksh 193.8 billion) from international investors at...
SABRINA BT1 Mins read
