Treasury to cut 2015/16 local borrowing by a quarter, Rotich says Kenya will cut its planned domestic borrowing for the 2015/16 (July-June) fiscal year by about a quarter to Sh168 billion ($1.65 billion), on the back of expenditure cuts of 1 per cent of GDP,…
Centum to inject Sh1.2bn bond proceeds into K-Rep Centum is set to inject Sh1.2 billion additional capital into K-Rep Bank from the proceeds of its Sh6 billion bond whose sale kicked off on Monday. The listed investment firm disclosed in its information memorandum for the fixed-rate and equity-linked notes that…