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The Standard e-Paper
Fearless, Trusted News
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.
Debt is loved and hated in equal measure. Biblically, you become a slave of the debtor.
But that has not stopped us from taking more debt. It is easy to get into debt; it feels like free money till you start paying back. A popular joke on the streets targeting car owners from matatu touts is: anajivuna na gari ni ya loan (you are showing off, yet you got the car on loan) shows our secret admiration for debt.
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