Debt

Economy Treasury expects debt to cross Sh13trn by 2027 Tuesday March 05 2024 The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG The Treasury says overall public debt…

Among the illustrious nameplates adorning the offices of Ivy League business schools is one Joao Gomes. A Wharton Business School finance professor, Gomes is issuing a warning cry many of his peers so far have chosen to ignore: America’s…

Economy Court stops planes auction over debt of Sh77 million Thursday February 29 2024 A section of Wilson Airport. FILE PHOTO | NMG The High Court has stopped the planned auction of two aircraft belonging to a Canadian plane…

High interest rates and the dour commercial real estate market are weighing on the economy, and when a short-term federal loan program expires on March 11, they could weigh even heavier on regional banks. “A lot of what’s been going on…

As China grapples with the fallout from a $7 trillion stock decline, officials are gearing up to brief President Xi Jinping on measures to stabilize the market. This move signifies Beijing’s urgency to restore investor confidence and halt…

Aston Martin is currently in discussions with bankers regarding the management of its substantial £1.1bn debt burden, confirmed Lawrence Stroll, the company’s executive chairman. In an interview with Bloomberg Television, Stroll…

The initial purchasers of the notes are granted an option to purchase, for settlement within a period of 13 days from, and including the date the notes are first issued, up to an additional $55.0 million aggregate principal amount of the…

© Reuters. India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the federal budget in the parliament, ahead of the nation's general election, in New Delhi,…

© Reuters. U.S. Treasury Prepares Critical Debt Sale Increase Amid Budget Deficit Quiver Quantitative - The U.S. Treasury Department is at a critical juncture as it prepares for a significant announcement this week, expected to be the…

© Reuters. FILE PHOTO: A Spirit Airlines aircraft prepares to depart San Diego International Airport in San Diego, California, U.S., January 16, 2024 after a federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion…