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It’s likely to be over subscribed, instead of government borrowing from foreigners why can’t it just borrow locally ?
The government is borrowing left, right and centre so much that they are now borrowing from peasants. I have a bad feeling about the whole thing.
Kenya is rich…
Can a future government fail to honor the bonds.
I guess it’s highly unlikely.
this is very encouraging…lakini still, I hope the money does not fall into peoples pockets
Na si hii kitu inaweza tumiwa na akina Njiraini kunasa evaders??
Amka sasa.
Kama Kirubi hajanunua ako kwa wale wa kuiba. Asanteni.
Wacha wanaume wakule. Wakati yako ikifika pia wewe utakula
This is a good move, banks have been using customer’s deposits to make billions from GoK tbills saa hizo you get 5% for your deposits, now guys can make 10% off your money, risk-free and guaranteed. And this idea was crafted by Kabando wa Kabando more than 3 years ago, it is not some covert scheme.
Wacha niulize, hatungelipa USD600m ya Deustche Bank bila eurobond. What makes us think we can pay back USD 3bn? The dollar will be at 200+ by 2020. Riots on the streets, tissue rationing, Shepart hunting coming to a county near you.
N the government decided to use kingdom as a broker…does it mean kingdom security owned by coop bank???
Mtajua ni pesa ya campaign inatafutwa
N the government decided to use kingdom as a broker…does it mean kingdom security owned by coop bank???
Mtajua ni pesa ya campaign inatafutwa