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Singh Profile picture
Singh
@DumeSingh
It is only when you are close to a man that you can begin to smell his breath.
Jun 25, 2018 • 10 tweets • 4 min read
Treasury borrows Sh32bn for arms.

Kenya’s public debt recently crossed the Sh5 trillion mark for the first time, pointing to a looming increase in debt servicing obligations, including interest and principal repayments.

businessdailyafrica.com/news/Treasury-… The fact that a borrower is a slave to the lender is a wise dictum for the Government to apply.

standardmedia.co.ke/article/200128…
Jun 12, 2018 • 5 tweets • 3 min read
So bad is Kenya’s debt position...

And the investors like vultures circling the sky for carrion, are ready to swoop down on the country ~ @StandardKenya Five years ago, Japanese loans to Kenya stood at Sh107.4 billion, and the decline in the intervening period as Chinese debt grew is being seen as indicative of the shift in economic influence in Africa between the two Asian economic giants.

businessdailyafrica.com/economy/Sh534b…