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Kenya’s forex reserves decline amid foreign debt repayments, particularly to China
Business new tamfitronics
Kenya’s foreign exchange reserves have experienced a significant drop of USD 487 million (about KES 63.9 billion) over the past week, following substantial repayments of external debt. An English-language daily business newspaper published in Kenya, Business Daily, reported that this decline has reduced the resources critical for supporting the local currency. The decrease in reserves follows the government’s repayment of USD 533 million (about KES 70 billion) in external loans, which includes USD 433 million (KES 56.8 billion) used to service a loan from China.
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Business
Darey Art-Alade, the showbiz entrepreneur, has shared insights into how he and his wife Deola Art-Alade have built their professional and personal lives together over the years.
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The 43-year-old said while both are inherently creative, he now primarily handles the creative vision, while Deola has taken the lead on the business side.
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Business
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Peachtree City
Business
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Business
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Business
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AFL trade period 2025 LIVE updates: Cats still want Curnow, Marshall despite rejections; Ugle-Hagan yet to request trade
Business
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Business
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Business
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Landmines that sparked Thai-Cambodia clash were likely newly-laid, experts say
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