Leveraging debt for wealth in Kenya’s real estate market
In Kenya, using debt to build wealth through real estate, by taking out a mortgage to develop property and relying on ...
Wednesday, January 15, 2025
Tag: Debt
The role of strategic debt in accelerating wealth creation
Debt, when managed strategically, can play a pivotal role in wealth building. While often perceived negatively due to its association ...
Why growth is the only solution to Kenya’s debt burden
Kenya's growing debt burden has become a critical challenge, with public debt levels now hovering around 73.0% of GDP with total public ...
IMF warns of record global public debt, calls for urgent fiscal reforms
The IMF warns that global public debt has reached a record high and raises the alarm for immediate fiscal measures ...
Cytonn Report: More than half of African nations grapple with unsustainable debt
Sub-Saharan Africa’s economic recovery in 2024 is under threat as the region grapples with high debt levels, warns a new ...
Ministry of Defence, State House lead KES 184 million debt to New KCC
The New Kenya Co-operative Creameries (New KCC) has been urged to reconsider its supply arrangements with several government agencies that ...
Kenya power settles 97% of debt to US firm Ormat technologies
Kenya Power has paid KES 7.9 billion of the KES 8.17 billion it owed to US energy firm Ormat Technologies, ...
Wanjigi calls for Kenya to default on ‘illegal’ debt
Jimmy Wanjigi, a prominent Kenyan opposition figure and former presidential aspirant, has alleged that a significant portion of Kenya's national ...
Treasury’s tax payment for EV firm sparks controversy among competitors
The National Treasury's decision to allocate over KES 2.5 billion of public funds to cover import taxes for a private ...
Treasury under scrutiny as loan audit reveals systemic flaws
A special audit of Kenya's external loan servicing has uncovered significant shortcomings in the country's loan contracting process, raising concerns ...
