×
The Standard e-Paper
Home To Bold Columnists
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya has requested for another loan from China to construct phase three of the Standard Gauge Railway. The World Bank recently warned the country about its rapidly growing debt burden. This is a prelude to an economic disaster.
The government should go slow on borrowing. The country needs to tap more local resources to generate income and use it for development projects and borrow less to complete them. This will be a relief for Kenyans who already owe China more than Sh18,000 each.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join