Latest stories tagged “debt management”
Many families are increasingly relying on high-interest debt as a means of survival during challenging financial periods, which may result in long-term financial strain, according to The Citizen Business. The article outlines five strategies that can be adopted to navigate these difficult times effectively.
Kenya Electricity Generating Company (KenGen) and the Kenya Ports Authority (KPA) have successfully reduced their exposure to state-guaranteed debt by repaying billions of shillings in outstanding loans. This development is part of Kenya's broader strategy to manage public debt risks and enhance fiscal stability, according to Sharp Daily.
Many families are increasingly relying on high-interest debt as a means of survival during challenging financial periods, which may result in long-term financial strain, according to The Citizen Business. The article outlines five strategies that can be adopted to navigate these difficult times effectively.