10/17/2019

Overhaul looms for SA’s auditors

Here in SA we’ve had enough auditing disasters to know something is wrong. The case of VBS Mutual Bank, where KPMG’s lead banking partner was implicated in the corruption, is probably the worst of the lot

10/14/2019

Banks step up private lending as T-bonds fall

The Government has over the last few months issued long-term debt, mainly 15-year bonds as part of its bid to lengthen the maturity profile of public debt and thus make it more manageable.

10/14/2019

Treasury reveals talks on Sh422bn foreign loan deals

The Treasury used the debt deals to convince MPs on the need to change the law and increase the cap for State borrowing to Sh9 trillion, offering it a leeway to jerk up the mounting public debt.