@BusinessDaily

Treasury chalks up Sh691bn local debt in the year

15 days ago, 14:26

By: Charles Mwaniki

Kenya’s public borrowing has gone up by at least Sh691 billion since the beginning of 2017 as credit uptake to finance a large budget deficit pushed the country’s debt load to Sh4.5 trillion. Latest data from Central Bank of Kenya (CBK) shows the outstanding stock of domestic debt stood at Sh2.208 trillion on December 15, while the external debt stock stood at Sh2.31 trillion at the end of September. The country has been undertaking massive infrastructure projects bankrolled using billions in fo ...
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@BusinessDaily

Treasury chalks up Sh691bn local debt in the year

15 days ago, 14:26

By: Charles Mwaniki
Kenya’s public borrowing has gone up by at least Sh691 billion since the beginning of 2017 as credit uptake to finance a large budget deficit pushed the country’s debt load to Sh4.5 trillion. Latest data from Central Bank of Kenya (CBK) shows the outstanding stock of domestic debt stood at Sh2.208 trillion on December 15, while the external debt stock stood at Sh2.31 trillion at the end of September. The country has been undertaking massive infrastructure projects bankrolled using billions in fo ...
Read More

Category: business corporate news lifestyle economy opinion markets

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Somen brothers link up in tech startup

David Somen has joined his brother Jonathan Somen’s cloud services startup, Eldama Technologies ...

Category: business news corporate
17 hours ago, 17:34
@TheEastAfrican - By: Allan Olingo
African aviation needs infrastructure, better laws, quality support services

Africa needs to open its doors for private capital investment. ...

Category: topnews news business
20 hours ago, 14:30
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Relief for Governors, MCAs as court suspends move to slash pay

Judge suspends gazette notice that seeks to have payment of the reviewed salaries effected ...

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Njoroge named Africa’s central bank governor of the year for the third time

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