AllAfrica News: Debt

[New Times] Andrew Mwenda's recent remarks on Uganda's fiscal predicament should resonate far beyond Kampala. When nearly half of government revenue, 46 percent, is consumed by debt servicing, leaving only 54 percent for salaries, roads, bridges, dams, healthcare, education, and other public investments, the challenge is no longer merely fiscal. It is developmental. A nation can...

[Capital FM] Kenya's economy is projected to maintain steady but subdued growth in the near term, even as rising energy costs, tight fiscal space and global trade disruptions weigh on broader sub-Saharan Africa's outlook, according to the European Bank for Reconstruction and Development (EBRD).

[Nile Post] The prosecution team led by Assistant Director of Public Prosecutions Thomas Jatiko and Chief State Attorney Richard Birivumbuka on Monday raised no objection to the suitability of five sureties presented by the defence team for former Butambala County MP Muhammad Muwanga Kivumbi as his bail application commenced before the International Crimes Division (ICD) of the ...

[Daba Finance] Moody's Ratings raised the Republic of Congo's outlook to positive from stable after the country returned to international capital markets and reduced near-term debt refinancing risks.

[Parliament of South Africa] Student debt has become a major concern affecting the whole post-school education system value chain. Everyone is affected, not just students and university administrations but also government revenue. Universities withhold certificates and academic records when students do not pay their debts. These same students are then caught in a vicious circle,...