bond,Personal bond Stories

Judiciary defends bail procedures after death of Saba Saba protester Julia Njoki
Rachael Mutabasi  |  Jul 16, 2025

Ndemo said bail and bond decisions are not made arbitrarily, but are instead guided by judicial policy and the discretion of magistrates and judges, w...

World Bank assures Kenya’s debt sustainable if properly managed
Rachael Mutabasi  |  Jul 16, 2025

World Bank Country Director for Kenya, Qimiao Fan, emphasised that the sustainability of Kenya’s debt should not be judged only by the current numbers...

African finance ministers shouldn’t be making bond deals: how to hand over the job to experts
The Conversation  |  Jun 27, 2025

Recent developments show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relativ...

Court refers Okiya Omtatah's Sh4.6 trillion debt petition to CJ Martha Koome
Carolyne Kubwa  |  Jun 19, 2025

According to Justice Bahati Mwamuye, the petition filed by Busia Senator Okiya Omtatah raises substantial questions of law.

Afreximbank issues first Panda bond, raises Sh39.1 billion in Chinese market
Lucy Mumbi  |  Jun 10, 2025

The Bank’s successful entry into China’s Interbank Bond Market followed rigorous regulatory and approval processes for Panda bond issuances.

Africa’s new credit rating agency poised to reshape the financial landscape — Here’s how
The Conversation  |  Jun 08, 2025

Opening the rating committee to public view signals a shift in financial power, aiming not just for fairer ratings but for a more just model of global...

African countries are bad at issuing bonds, so debt costs more than it should: What needs to change
The Conversation  |  Jun 08, 2025

African bonds are substantially mispriced, resulting in excessively high yields that are not justified by fundamentals, based on economic, fiscal and...

Kenya raises Sh194bn through Eurobond to ease 2027 debt pressure, boost fiscal stability
Maureen Kinyanjui  |  May 16, 2025

Treasury officials highlighted the 64 per cent participation rate in the tender and the upsized bond issue as signs of growing confidence in Kenya’s e...

President Ruto names five CSs to oversee EU partnership deal
Maureen Kinyanjui  |  Apr 12, 2025

This decision, made official through a Gazette Notice dated April 11, aligns with Kenya's broader aim of deepening international trade ties.

National Treasury raises Sh71.4 billion from bond sale, exceeding target
Lucy Mumbi  |  Apr 03, 2025

According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.

Ethiopia licenses first investment banks, expands capital market services
Addis Standard  |  Mar 22, 2025

The newly licensed institutions include CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both designated as investment banks.

MPs probe National Treasury over alleged use of infrastructure bond funds for salaries
Lucy Mumbi  |  Mar 13, 2025

Infrastructure Bonds, which were introduced in February 2009, are exempt from withholding tax—unlike other bonds that attract a tax of 10 per cent for...

Kenya issues 10-year Eurobond worth Sh194 billion to ease debt repayment
Lucy Mumbi  |  Feb 27, 2025

CS Mbadi said the proceeds from this bond will be used to refinance existing external debt, including a planned buyback of a US$900 million (Sh116.3 b...

Kenya plans Sh117b Eurobond buyback to ease debt burden
Amina Wako  |  Feb 25, 2025

This marks the second time the Treasury has undertaken a Eurobond buyback. The first occurred in February 2024, when the government repurchased a $1.4...

Kenya to issue first Sh65bn sustainability-linked bond by June to address annual budget deficit
Maureen Kinyanjui  |  Feb 14, 2025

If Kenya meets its sustainability targets, the cost of repaying the bond remains lower, while failure to do so could result in higher coupon payments.

Audit shows Senegal's previous government misreported key economic data
Reuters  |  Feb 13, 2025

The IMF said on Wednesday that it would analyse the report and initiate consultations with authorities to address issues raised.

CBK raises Sh48.5 billion in oversubscribed bond sale as interest rates fall
Maureen Kinyanjui  |  Jan 17, 2025

The auction, which closed on Wednesday, included two long-term bonds, the 15-year bond, first issued in 2018, and the 25-year bond that debuted in 202...

Investors make fortunes at NSE compared to other investments in 2024
Alfred Onyango  |  Jan 01, 2025

Official data shows between January 1 and December 30, the NSE saw a staggering 34.4 per cent increase in investor wealth, translating to an additiona...

National Assembly rejects 5 per cent tax on infrastructure bonds interest
Maureen Kinyanjui  |  Dec 05, 2024

The Treasury had projected that taxing infrastructure bond interest would generate Sh13 billion annually, a crucial part of its efforts to raise Sh174...

Kenya eyes diaspora bond to fund JKIA airport expansion, says Mudavadi
Lucy Mumbi  |  Dec 04, 2024

Initially proposed in early February 2024, the bond’s development was put on hold due to concerns about whether the overseas Kenyan community would bu...

New Bill seeks to tax infrastructure bond interest to raise Sh13.4 billion annually
Lucy Mumbi  |  Dec 02, 2024

The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...

MPs slam banks for focusing on bonds while Kenyan MSMEs struggle
Maureen Kinyanjui  |  Nov 28, 2024

MPs accused banks of abandoning their role in supporting start-ups and small businesses in favour of the lucrative but less impactful investments in g...

IMF raises Ethiopia's international reserves target after first review
Reuters  |  Nov 05, 2024

Ethiopia plans to reach a deal with bilateral creditors by year-end, the Fund said, followed by a deal with its Eurobond investors.

Kenya seeks Sh37.6 billion IMF funds cut citing lower financing pressures
Amina Wako  |  Nov 05, 2024

Kenya's successful Eurobond issuance in February, which enabled it buy back a significant portion of the 2024 Eurobond, is the driving force behind th...

Fed rate cuts to revive loan appetite for developing countries - IMF
Alfred Onyango  |  Sep 20, 2024

The lender says developing nations will be looking to leverage the easing cost of accessing loans to acquire more funding.

State mulls over new platform to allow 'hustlers' invest in Treasury bonds and bills
Alfred Onyango  |  Jul 25, 2024

Seeking to onboard retail and small-scale investors to the bond market, the platform will allow them to acquire government securities for as little as...

Kenya to use World Bank loan to make $500 million Eurobond payment this month
Reuters  |  Jun 06, 2024

Kenya's economy is estimated to have grown 5.8% in the first quarter of this year, after 2023 growth of 5.6%.

Kenya seeks second Sh130bn Eurobond buyback to ease debt burden
Bashir Mohammed  |  Jun 05, 2024

In February, Kenya sold a new $1.5 billion (Sh196 billion) Eurobond to fund the buyback of a large portion of the $2 billion (Sh261.4 billion) bond.

UN Trade and Development cautions developing countries against issuing more Eurobonds
Bashir Mohammed  |  Apr 21, 2024

Agency warns the move could attract high costs and worsen their debt dynamics.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.