@DailyNation

Kenya courts commercial banks to settle Sh200bn debt - 3 months ago, 19 Feb 05:42

Allan Olingo

Kenya is courting commercial banks to help her pay part of the Sh200 billion debt that falls due this year after Treasury opted against tapping the Eurobond market again.

Half of the amount could be disbursed as early as next month in the form of a syndicated loan that the Trade and Development and Standard banks are arranging on behalf of the government.

“Kenya is seeking to use these funds to finance part of its expected maturities while another portion will go into funding development expenditure. This syndicate will also allow the government access to credit line for an additional $250 million (Sh25 billion) if it deems fit to tap into,” a source with knowledge of the matter said.

NEGATIVE

Kenya is staring at a Sh78.7 billion maturity next month of a loan advanced to it by Stanchart, Standard, Citi and Rand Merchant banks in March 2017, at a rate of ...
Read More


Category: topnews news

Item ID: 74deca88-9493-4437-98b3-4a5db9a12137

kadiNewsItemCategoryList
  1. newsPriority: 0.001
  2. calculatedNewsPriority: 38.734
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 38.734
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Feb 19, 2019 5:42:37 AM
  2. timeModifiedAsFromUser: Feb 19, 2019 2:41:33 AM
  3. timeCreatedAsFromServer: Feb 19, 2019 5:42:37 AM
  4. timeUpdatedAsFromUser: Feb 19, 2019 6:06:08 AM
  5. timeCreatedAsFromUser: Feb 19, 2019 9:00:00 AM
  6. timeUpdatedAsFromServer: Feb 19, 2019 6:06:08 AM
  7. timeModifiedAsFromServer: Feb 19, 2019 5:42:30 AM

Suggested

2 hours ago, 00:04
Inside Kismayo seven years after epic battle

Tucked inside a trench on a hill overlooking the breathtaking beaches of Kismayo, a five-man Kenya Defence Forces (KDF) combat unit keeps steady aim. One soldier’s hand is firmly on the trigger of the ...

Category: news politics topnews

Item ID: 2b05b3b2-24aa-47e1-8472-1d45cc8fc7ba

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.032
  2. calculatedNewsPriority: 0.032
  3. description: View the latest news in Politics
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

compoundTime
  1. timeLastCalculatedUpdate: May 27, 2019 12:04:55 AM
  2. timeCreatedAsFromServer: May 27, 2019 12:04:55 AM
  3. timeUpdatedAsFromUser: May 27, 2019 12:06:57 AM
  4. timeCreatedAsFromUser: May 27, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: May 27, 2019 12:06:57 AM
1 hours ago, 00:55
We need fewer leaders, team told

A proposal by the Controller of Budget to abolish 25 counties is the latest suggestion on reducing devolved units to be made to the constitutional reforms team appointed by President Uhuru Kenyatta ...

Category: topnews news politics

Item ID: 0e96796e-cd87-48ab-bf3a-889c906714d7

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.021
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: news
  6. title: News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest news in Politics
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: May 27, 2019 12:55:01 AM
  2. timeCreatedAsFromServer: May 27, 2019 12:55:01 AM
  3. timeUpdatedAsFromUser: May 27, 2019 12:57:27 AM
  4. timeCreatedAsFromUser: May 27, 2019 12:50:00 AM
  5. timeUpdatedAsFromServer: May 27, 2019 12:57:27 AM
2 hours ago, 00:05
United Airlines extends cancellation of Boeing Max flights

United Airlines is canceling another month’s worth of flights with Boeing 737 Max planes that were grounded after two deadly accidents. United said Friday it has removed the Max from its schedule ...

Category: business topnews news

Item ID: 1e252ad7-caf6-4bf1-904d-832385c69fd8

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking Business News
  4. parsedURL: https://www.standardmedia.co.ke/business
  5. name: business
  6. title: Business News

  1. newsPriority: 0.023
  2. calculatedNewsPriority: 0.023
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.023
  2. calculatedNewsPriority: 0.023
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: May 27, 2019 12:05:07 AM
  2. timeCreatedAsFromServer: May 27, 2019 12:05:07 AM
  3. timeUpdatedAsFromUser: May 27, 2019 12:05:53 AM
  4. timeCreatedAsFromUser: May 27, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: May 27, 2019 12:06:27 AM
1 hours ago, 00:24
Schools: Champions Kwale win as Term Two games start

Reigning East Africa secondary school football champions, Kwale Girls, began where they left off in last year's campaign as Golini Zonal Term Two games ended in Kwale County at the weekend. Trained by ...

Category: topnews news sports

Item ID: cb7d74fe-0a4f-4b2f-8e4b-59d2d966b132

kadiNewsItemCategoryList
  1. newsPriority: 0.024
  2. calculatedNewsPriority: 0.024
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.024
  2. calculatedNewsPriority: 0.024
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.033
  3. description: View the latest Sports News: Football, Rugby, Basketball, Motorsports and many more
  4. parsedURL: https://www.standardmedia.co.ke/sports/
  5. name: sports
  6. title: Sports News

compoundTime
  1. timeLastCalculatedUpdate: May 27, 2019 12:24:30 AM
  2. timeCreatedAsFromServer: May 27, 2019 12:24:30 AM
  3. timeUpdatedAsFromUser: May 27, 2019 12:25:28 AM
  4. timeCreatedAsFromUser: May 27, 2019 12:20:00 AM
  5. timeUpdatedAsFromServer: May 27, 2019 12:25:28 AM
2 hours ago, 00:05
Liverpool ‘show interest’ in Real captain Ramos with defender considering Bernabeu exit

Liverpool have shown interest in bringing Real Madrid captain Sergio Ramos to the Premier League this summer, according to reports in Spain. Ramos is said to be at loggerheads with the Madrid ...

Category: topnews sports

Item ID: cf40cc9f-1d3d-4d03-9f2b-3255b8534e06

kadiNewsItemCategoryList
  1. newsPriority: 0.024
  2. calculatedNewsPriority: 0.024
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.the-star.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.021
  3. description: View the latest Sports News: Football, Rugby, Basketball, Motorsports and many more
  4. parsedURL: https://www.the-star.co.ke/sports/
  5. name: sports
  6. title: Sports News

compoundTime
  1. timeLastCalculatedUpdate: May 27, 2019 12:05:37 AM
  2. timeCreatedAsFromServer: May 27, 2019 12:05:37 AM
  3. timeUpdatedAsFromUser: May 27, 2019 12:06:57 AM
  4. timeCreatedAsFromUser: May 27, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: May 27, 2019 12:06:57 AM
2 hours ago, 00:06
Kenya’s cricket on the mend

Kenya moved closer to qualifying for the ICC Twenty20 World Cup when it won one of the two slots reserved for the continent in the Africa Region Final in Kampala on Friday. Kenya were scheduled to ...

Category: topnews news

Item ID: 691f58fe-85da-46d7-985a-b16eed8c3821

kadiNewsItemCategoryList
  1. newsPriority: 0.025
  2. calculatedNewsPriority: 0.025
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 0.025
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: May 27, 2019 12:06:21 AM
  2. timeModifiedAsFromUser: May 26, 2019 9:01:23 PM
  3. timeCreatedAsFromServer: May 27, 2019 12:06:21 AM
  4. timeUpdatedAsFromUser: May 27, 2019 12:06:57 AM
  5. timeCreatedAsFromUser: May 26, 2019 9:00:00 PM
  6. timeUpdatedAsFromServer: May 27, 2019 12:06:57 AM
  7. timeModifiedAsFromServer: May 27, 2019 12:05:59 AM