-
Kenya: Moody's Likely to Revise Credit Score Downwards
East African, 14 November 2017
Credit ratings agency Moody's is planning to downgrade Kenya's credit- worthiness as the government wavers in putting in place measures to deal with persistent budget deficits and… Read more »
Moody's Turns Attention to Kenya for Possible Credit Downgrade
Ratings agency Moody's has said the inability to deal with persistent Budget deficits and rising public debt led them to consider implementing the credit downgrade. This would mean that the government will pay higher interest rates on any amount it borrows, since lenders will be concerned that they will not be repaid in future.
InFocus
-
The National Export Development and Promotion Strategy's aim, is to grow exports by 20% per year by 2022, focusing on six areas that will include tea, coffee, horticulture, ... Read more »
