Kenya Income

Unwanted companies pose as green warriors to cut debt costs

Undesirable rated companies owned by private equity firms exploit ESG narratives to lower borrowing costs. Debt investors fear being played. To cut a chunk of its interest rates, German packaging company Kloeckner Pentaplast GmbH, owned by SVPGlobal, has pledged to use more recycled materials and add more women to senior …

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Is the United States Going Too Much in Debt?

“The 360” shows you various perspectives on the main stories and debates of the day. What is happening Negotiations in Congress on the next stimulus bill aimed at countering the economic effect of the coronavirus have collapsed amid debate over the size of the bailout. Not only is there the …

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Ecobank Global Bond Milestone | Global finance magazine

Ecobank has access to global capital markets just as Africa’s economic recovery from the pandemic is about to begin. Ecobank Transnational, the pan-African banking conglomerate, acquired a significant new investor base last month with a $ 300 million bond offering on the London Stock Exchange by its Nigerian subsidiary. The …

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Australia’s $ 1 trillion debt explosion exposed

“Disconcerting”: Australian debt explosion revealed. Source: Getty Last week’s budget lit the fuse of an economic time bomb. The Morrison government has blocked a decade or more of massive budget deficits and a never-ending increase in public debt, even though it assumes that a Covid-19 vaccine will be found next …

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3 times it made sense for me to get into debt

The financial planning community is rightly beating a big anti-debt drum. With nearly 40% of American families having more than $ 15,000 in credit card debt at interest rates above 13%, we clearly have a debt problem in our society. But when one of my non-CFP® professional colleagues recently asked …

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