Why Kenya is still debt distressed despite Eurobond repayment

Nairobi, Feb. 22 -- Kenya still faces a significant risk of debt distress despite a Sh218.53 billion ($1.5 billion) new Eurobond issue that helped to calm foreign investor jitters over the possibility... Read More

Tough CMA terms for bond issuers

Nairobi, Feb. 20 -- Financially weak companies seeking to raise capital from the Kenyan corporate debt market must undergo mandatory credit rating and provide financial guarantees from recognised inst... Read More

Banks open to loan restructuring as higher rates, inflation raise defaults

Nairobi, Feb. 19 -- East Africa's retail banks have announced measures to cushion borrowers from the prevailing hard economic conditions, precipitated by rising interest rates and inflation. Listed l... Read More

Small businesses cry foul over EAC payment system

Nairobi, Feb. 17 -- Small businesses have attributed their apathy towards the East African Payment System (EAPS) to its focus on high-value transactions between commercial banks, locking them out. The... Read More

Kenya, Uganda, Burundi score poorly on governance, democratic reforms

Nairobi, Feb. 17 -- Kenya, Burundi and Uganda, whose regimes are classified as hybrid, authoritarian and hybrid respectively, have failed to improve on governance and democratic values for the past th... Read More

Banks open loan restructuring as higher rates raise defaults

Nairobi, Feb. 15 -- East Africa's retail banks have disclosed measures, including loan restructuring to cushion borrowers from the prevailing hard economic conditions precipitated by rising interest r... Read More

Why NSE-listed firms are snubbing 'bonus shares'

Nairobi, Feb. 13 -- Firms listed on the Nairobi Securities Exchange (NSE) last year avoided bonus share schemes to shareholders as the value of investor wealth on the bourse dropped by 27.54 percent o... Read More

Uphill task awaiting new EA bourse bosses

Nairobi, Feb. 10 -- Kenya and Tanzania bourses are set for changes in top management after the expiry of the contracts of Geoffrey Odundo and Moremi Marwa, respectively, with their replacements facing... Read More

EA central banks take divergent interest rate decisions

Nairobi, Feb. 10 -- East African central banks are taking varying interest rate positions to protect fragile economies battered by inflation, depreciating currencies and global supply disruptions, sig... Read More

Treasury seeks consultant to structure PPP projects

Nairobi, Feb. 8 -- The National Treasury is seeking to recruit an international consultant to advise on the structuring of Public Private Partnership (PPP) projects as part of a new 10-year plan desig... Read More

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