Weak shilling, debt dim growth hopes
The depreciation of the Ugandan shilling against global currencies, indicates economic challenges and the risk of debt distress for the country
Source: monitor.co.ug
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Kenya's public debt surges past $76bn on weak shilling
Kenya’s public debt shot up by $13.3 billion in the year ended December 2023.
Source: theeastafrican.co.ke
Kenya's public debt surges past Sh11trn on weak shilling
External loan disbursements, exchange rate fluctuation and domestic debt uptake cause increase.
Source: nation.africa
Why David Ndii's newfound love with weak shilling is faulty
While he would like us to believe that a weak shilling is good for the country, the opposite is true as the cost of production has increased.
Source: nation.africa
Back bid to shore up shilling
A depreciated shilling pushes up prices of imported goods and services, leading to a rise in the cost of living
Source: nation.africa