11/05/2018
The defunct banks are uniBank, Capital Bank, UT Bank, Construction Bank, Royal Bank, Sovereign Bank and Beige Bank.
11/01/2018
The higher level of debt, together with rising reliance on non-concessional borrowing, have raised fiscal vulnerabilities and increased interest payments on public debt to nearly one-fifth of revenue, placing Kenya in the top quartile among its peers
10/30/2018
The bond raised US$15 million from international investors, which will help expand and protect marine areas, improve governance of priority fisheries and develop the Seychelles’ blue economy.