Debt: Kenya should learn from economic history
6 days ago, 07:02
Since Kenya issued its first sovereign bond in 2015, the question of whether it was the prudent action to take remains, besides the unresolved issues of whether the full proceeds of that bond found their way into the country and how the money was spent. The government had many arguments going for the Eurobond, not least those by super optimistic Africans who had worked with investment banks, that the sovereign bond was the way to go because overdependence on bilateral loans and aid from other so ...
Category: oped opinion news