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Questions raised as Government defers payment of $600m loan

BUSINESS

Could the economy be in financial distress? This is the big question among economists after the Government moved to reschedule a $600 million (Sh52.2 billion) syndicated loan.

NSE’s index hit historic 5,000 mark buoyed by foreign buys

NSE’s index hit historic 5,000 mark buoyed by foreign buys

Nairobi Securities Exchange (NSE) experienced a beehive of activities over the last five days with foreign investors scrambling for a share of the market, which observers opine is highly undervalued.

BY JAMES ANYANZWA AND REUTERS | 7 years ago

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