Reps approve change of lender for $973 million Kaduna-Zaria-Kano rail line
The lawmakers adopted a motion replacing the China Exim Bank with China Development Bank as the financier of the rail line.
Source: premiumtimesng.com
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Uhuru's huge debt appetite fails to stimulate economy
Since 2013, Jubilee administration has borrowed more than three times the loans taken by the previous three governments combined.
Source: standardmedia.co.ke
Kenya's sky-rocketing debt shoots past Sh8trn
Country’s public debt, including guaranteed loans, stood at Sh7.996 trillion as at last September. In December, Kenya received Sh29 billion from IMF.
Source: standardmedia.co.ke
Senate in fresh bid to cut State's expanding borrowing appetite
Special sitting on budget proposes to block Treasury from domestic debt market to free funds for private sector lending.
Source: standardmedia.co.ke
Senate in fresh bid to cut State's expanding borrowing appetite
Special sitting on budget proposes to block Treasury from domestic debt market to free funds for private sector lending.
Source: standardmedia.co.ke