Distress

The World Bank Group has warned Kenya of the persistence of a high risk of debt distress following its recent costly partial Eurobond settlement. Kenya paid dearly to water down the sovereign default risk attached to the maturity of its…

Economy Kenya out of debt distress on painful taxes — President Ruto Wednesday December 13 2023 President William Ruto inspecting a guard of honour mounted by the Kenya Defence Forces during this year's 60th Jamhuri Day…

About $24.8 billion of US office buildings were in distress at the end of the second quarter, overtaking the laggard of the former leading commercial real estate -- hotels and retail properties. MSCI Real Assets reported Wednesday that…

In just six days, the Finance Magnates Africa Summit (FMAS:23) will officially kick off the biggest event of the spring. The historic and inaugural Africa Summit of FMevents will take place from 8-10 May at the world famous Sandton…