Interest payments on domestic debt alone jumped 2.6 times to Sh325.7 billion and accounted for the increase in debt service ...

Kenya and the International Monetary Fund (IMF) will discuss a new lending programme and abandon the current one, as the ...

The full-year net profit is the first after back-to-back losses in at least five years, with the largest net loss having come ...

Ghana's new government will make steep spending cuts this year to recover the economy, Finance Minister Cassiel Ato Forson ...

European Union finance ministers are worried bond investors could be reluctant to finance their defense-spending plans, with a massive German program already driving up debt-servicing costs in the ...

The country’s failure to live within its means continues to bite government, as the National Treasury estimates public debt ...

African countries are collectively scheduled to pay almost $89 billion in external debt service costs this year alone, while 20 nations face the risk of falling into debt distress, according to a ...