Treasury Breaks Down Internal and External Problems Kenya Faces in Debt Management

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The National Treasury has identified multiple challenges affecting Kenya’s debt management, including structural weaknesses Kenya’s credit downgrade significantly impacted the country’s borrowing terms, leading to increased borrowing costs, reduced investor confidence and limited credit access The Treasury highlighted weaknesses in the public debt legal framework, including overlapping legal provisions between CBK and Treasury Elijah Ntongai,…

How SCOTUSblog’s Goldstein Risked It All

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On a freezing January morning in 2016, Tom Goldstein arrived at the US Supreme Court to argue the first case on the docket. It was a First Amendment dispute involving a Paterson, N.J., police officer demoted because of his perceived political activity. Victor Afanador, the lead attorney who picked Goldstein to persuade the justices that…

Star Entertainment mulls walking away from Brisbane Queen’s Wharf casino ownership amid talks with Hong Kong investors

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Star Entertainment’s Hong Kong investors have offered to take over the embattled casino group’s new Queen’s Wharf complex in Brisbane under a plan that would significantly ease the company’s financial woes. Chow Tai Fook Enterprises and Far East Consortium have been locked in discussions with Star for weeks about the future of the hotel and…

Latest Financial News, Finance News today in Bangladesh

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A new methodology is being devised to streamline lopsided government-liability management against treasuries as the existing system creates an unpredictable financial burden amid maturity of too many bills and bonds together. The government borrows through treasury bills and bonds and many of which mature in a single year. However, in some years, very few such…

Pakistan Seeks Chinese Debt Relief to Bridge IMF Gap

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Pakistan has approached China with a request to reschedule its USD 3.4 billion debt over two years, aiming to cover a foreign funding shortfall highlighted by the International Monetary Fund (IMF). The request marks Islamabad’s second appeal for aid from Beijing in just five months. The formal plea was delivered by Deputy Prime Minister…