Kenya's two billion dollar Eurobond maturity

www.businessdailyafrica.com

[@Kasiera]

The same Eurobond Cronies are back in government and nobody is in prison for financial crimes ..... Keep paying taxes.... That musician who sang "Wajinga nyinyi" was right all along

[@Kinyanjui_Wambui]

I'll take this time to appreciate specialised news anchorage.

[@timmkk2043]

with such content this channel has great potential, nmg should pump more into such productions, traditional media has stagnated

[@Joe254KE]

If you tune in to Kenya's media during prime time, you won't see such marvellous coverage, only issues of non-importance. If the 2$ Eurobond was invested prudently into the economy, Kenya wouldn't be causing jitters in the international markets today. Mheshimiwa Raila Odinga and the then Auditor-General were right all along about this Eurobond issue. It's a pity that markets are now awaiting cues and direction from the likes of Ndii. Greetings from Limuru.

[@williamwatitwa3534]

Meanwhile raila is in league with the chief thief of the eurobond. We cant even go after them

[@mukethe]

A factual reflection of the current situation offers a refreshing departure from the habitual blame game that often dominates our daily discourse.

[@babirukamu]

I like how the Cabinet Secretaries seem to be licking their lips as President Kenyatta speaks....

[@thewhisperske883]

They knew their time to eat had come

[@Levimations]

Kenya should be the best economy in africa but our leaders are flat out thieves. But this will one day come to an end. Lets hope for the best.

[@johngichuki4092]

Time of reckoning over massive public debt corruption. But thank you for your excellent journalism.

[@susan.wanjiku_]

I love this!!! So much! One of the best breakdowns I have watched on this issue. 👏👏👏👏

[@mwas7669]

How do they steal a whole $2B and we are now the ones suffering. Great documentary

[@williamwatitwa3534]

All hail kenyatta

[@jayworld6694]

Eye opening piece of journalism. Good job 👍

[@Greg_M]

Following this after Kenya floated another $1.5 billion Eurobond in Feb 2024.

[@tommyeschung]

ROFL they can never escape the shackles

[@gitaulionheart]

Your best production yet

[@b1tbanger]

I would like to know how far the process of harmonizing the sanctions in the Public Audit Act and Public Finance Management Act has gone. Glad to know our Auditor-General does not just settle at reporting and making audit recommendations but also shows concern when she doesn't see any positive outcome out of it.

[@SimplestCrypto]

Beautiful Kenya is officially global Top, Number 21, world's highest Global Crypto Adopters. Real-world Simplified Videos. Relatable, Easy to digest and comprehend.

[@lennycrowbats2055]

World class documentary

[@vastcapital]

I like the way Ndii is speaking for IMF

[@clittajones]

we have useless legislators... our number 1 problem

[@christopherotieno8536]

we have a very useless population/citizenry/wananchi from amongst who these useless legislators come from...and who vote in these useless legislators....so the number 0 problem are the people, we the people!!!

[@john-tr8jy]

The issue with Africa is that a lot of these high-ranking officials should really be working on farms. They've shown this is all too complicated for them. You can tell they are exhausted.

[@Pmooli]

Imagine we could have been finishing paying the previous eurobond and then we could be taking another for infrastructure development.... But no, we are taking another to pay off the previous loan because there's no other viable alternatives that are palatable to the political elite... The problem is that we got over 7B oversubscribed meaning kenya will return to the markets to float several other eurobonds... Im seeing us taking at least $7.5B. Remember that there is no limit to how much they can lend us since the money is created out of thin air only when we accept to take the loans.

[@Mm_kenya]

And you think it good having such debts....😅😅😅 if it is made from air, how can't we make ours😅😅😅

[@henrynjorogey9138]

​@@Mm_kenya we don't enjoy pure currency sovereignty and should inflation hit, we can't export it...

[@our10picks18]

Uhuru Kenyatta stole the whole $2 billion Eurobond and stashed it in offshore accounts now it’s poor Kenyans who are left to pay for it and suffer! 😢

[@Samuel.Mwangi]

Kindly save us from having to repay the colossal amount of money by registering any evidence you may have at the Kenya Anticorruption commission or DCI. I am certain that the then cabinet secretary for finance (now advisor to the president), ps treasury (now central bank governor) and the central bank governor (now finance cabinet secretary) would be more than happy to offer themselves as witnesses and save the rest of us from this mess. The government of the day would also be very happy to score much needed political bonga points by nailing a major opposition opponent. Please on behalf of the millions of taxpayers now bearing the brunt, kindly go fourth and save us 🙏

[@Iannngugi]

And many of those Kenyans don’t fully understand that it’s that greed and looting that got us here. That, and the deliberately over-budgeted projects like SGR.

[@MrMaboboz]

Who do you think built all these roads in Kenya? Shenzi kabisa.

[@AmazingMania]

​@@MrMabobozhe's used to playing the victim card as his master zakayo

[@ishmaelkamau]

​@@MrMabobozthe road he built its peenuts compared to what he stole but heri mwizi analipa fungu la kumi anyway

[@TravelChannelOne]

There's no way Kenya clears this mountain. The language around the stakeholders is just gibberish. Powell will be cutting rates given the incoming PPI/CPI rates but that will probably be after June before the US election. The market is jittery because Kenyans administrators talk in circles. What does "debt buyback"," We have access to IMF debt facility" even mean? The word is refinance....debt refinance....There's stock buyback to increase returns for shareholders. Moody's and Fitch give better direction on this matter.

[@Yunuselbusaid]

❤

[@KazMaw1]

Where was this channel all this time?

[@mutemiz]

Maybe if i didnt know these facts about our debt situation i would be a happy fool

[@wadatmusik2859]

I pray that the Kenyan government officials will be more patriotic and serve the Kenyan economy, and less self serving. Policies that expand the private sector, stimulating job creation. So many university graduates with limited opportunities to put their skills to work. How else will a viable tax base be created?

[@karanjakamau57]

Uhuru and ruto stole a cool $2b

[@Quisto317]

Reality check. What did the other half of the amount do?

[@muktarmohamud937]

Kenyatta family looted most of it😢

[@Ken_from_Kenya]

Where did the first Eurobond go?

[@Eta544]

Check under your bed!

[@jameskaruga6730]

whats the name of the presenter?

[@MoohanQaasin]

So shaddy 6:56

[@anthonymaina2215]

Kweli huyu ndiyo mtu wa story!!! Ruto is a pathological liar!

[@ndetokiio3563]

usiwai blame Ruto, africa is still colonized behind the scene

[@officedge]

Poor Kenyan with debt market dominated by dollar assets considering its an net importing economy

[@ndetokiio3563]

U.S.A trying to ensure their currency is dominant making it cheap to access africa natural resources and buying growing local business

[@ConundrumCraze740]

Rotich's answer is disappointing 😕

[@honeststranger1070]

We curse uhuru...he is the genesis of all the bad things happening to us currently. He singlehandedly destroyed our nation...people will say ooh mara Ruto alikua deputy bla bla bla. But we all know the preaident has the final say and if Ruto bullied him then it shows how weak of a leader uhuru was. Anaaribu nchi alafu anatusho 'mtanikumbuka" 😂😂 ju alijua ile mateso inakuja

[@MrMaboboz]

So your solution to a bad uhuru government was to elect another bad government?

[@valproltdvalpro5984]

Hii imepitwa na wakati

[@danbarack6143]

Uko na ujinga, our economy is the way it is because of loans like this.

[@johnmwakilili]

I agree... Hii deni tulilipa 2019 sa hii tuko free na bizna zingine

[@raanajak471]

6​@@johnmwakilili Who told u mlimaliza kulipa😂😂 It's caught up. You are paying now. Hence the taxes.

[@briant5685]

wewe unaishi kenya gani wewe@@johnmwakilili

[@williamwatitwa3534]

Umeambiwa its a 10 year thing and you think you paid it in 2019, thats where the rain started beating us , guys like you

[@user-us3bq9zn5t]

So happy not to be a Kenyan tax payer. I urge all Kenyans to default paying taxes.

[@KazMaw1]

Listening to David Ndii gives people a false sense of intelligence.

[@nathannyamira8439]

too much English