@alykhansatchu
Aly-Khan Satchu
2 years
The yield on Kenya’s $2 billion of eurobonds due 2024 climbed 267 basis points this week to 13.67% after presidential candidate @RailaOdinga said he plans to restructure debt if he wins the Aug. 9 election. @BloombergAfrica Next Africa By Antony Sguazzin
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@ahmednasirlaw
Ahmednasir Abdullahi SC
2 years
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@c_hir_i
J㉫pඋħÏrඋħÏrKA†ħƴ
2 years
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@coachyawe
Robert Yawe
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica Are you sure the rise isn't because someone is taking a position expecting that we shall default thus allowing them to attach the country? So either Raila is in cohorts with them or is one of them. So lets be careful about pedestrian conclusions.
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@jlelo
Baron of Matungulu
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica Looks like @RailaOdinga is poised to win. If wajackoyah said this nothing would have happened
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@tonyjazz73
@tonyjazz73
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica Investors are pricing in political risk fueled by such inappropriate sentiments. Sadly, our CBK Governor hasn't been helpful. Instead he has been strategically ambiguous
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@mkojimichael
Mkoji
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica Only @RailaOdinga administration can take Kenya out of this mess that was created from 2013-2018.
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@RonnieOsumba
Ronald Osumba
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica Good. We need to put the brakes on the borrowing and focus on sealing the leaking bucket first
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@Georgemugwanja2
Georgemugwanja
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica You in a hole stop digging. Restructuring is one of the ways of getting out of the mess
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@RepublicKenyan
The Truth Be Said.
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica First give us some insider info on the Kobil scandal then we proceed from that point!!
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@basiloberholzer
Basil Oberholzer
2 years
@alykhansatchu @RailaOdinga @BloombergAfrica What to do with the debt? Restructuring may be the only way out. So don't pretend otherwise just to be loved by foreign investors. The landing will come anyway and it will just be harder.
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@Terry_sensei
Somi🇿🇦🇯🇵
2 years
@alykhansatchu @africaupdates @RailaOdinga @BloombergAfrica He's being by reckless. Is he suggesting that Kenya is unable to pay its debt and so opting for a restructure? Investors will decimate the KSH if that's the case. Otherwise he could have made the case to buy it back or switch it to the outer years. There are other safer options
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@alykhansatchu @RailaOdinga @BloombergAfrica Wrong conjecture. The rising yield is not because of @RailaOdinga plan for debt restructuring. On the contrary it's because of the looming fed rate hikes . A tragic coincidence that both events happen at the same week
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@KimathiNjebi
Mbìtì Kionì
2 years
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