Kenya's contentious Finance Bill 2024 seeking to raise an additional Kes 346.7 billion worth of revenue in 2024/25 enters the last leg before adoption having sailed through the Committee of the Whole House in record time.
Yes - 195
No - 106
Spoiled - 3
Amendments commenced at about 10:23am & were done by about 12:23pm, it's unprecedented.
Here's a breakdown of the amendments passed.
A 🧵
This is the story of Kenya's US$2.0 billion eurobond maturity.
From a pompous oversubscription in 2014 to tightened global markets & refinancing at a steep price in 2024.
If you're lost on what this is all about, start here!
Link below...
https://t.co/uVVNCEWCgP
Fixed Income Update:
· 2024's debut primary issuance (FXD1/2024/003) closed at 18.39%
· As expected, appetite was skewed towards the 3 year, registering 83.11% performance vs 23.04% on the 5 year reopening (coupon 16.84%)
· Now that GOK has been leaning on the 3 year as investors remain wary on duration risk, how long before we see the 3 year at >20.0%?
· Very random thought, is a bond switch auction in the horizon?
Men,
Protect your children,
Protect your seeds,
Liberal lunatics with their filthy agenda have infiltrated into our education system,
Scrutinize what your children are reading or watching,
Don't accept your child to be indoctrinated by these lunatics.
#MasculinitySaturday
Men,
Mama's boys are poorly brought-up men,
He is irresponsible
He is reckless & FAT
He cannot handle rejection
He complains all the time
He sits in the house watching Netflix while expecting his wife to feed him.
Don't be a mama's boy.
Be a MAN.
#MasculinitySaturday
Do you have or know a parent with a child with special needs, e.g. Autism, ADHD etc.? Are you looking for an education plan that works for you and your child?
@KidatoSchool is looking to support you! ❤️
Fill out this form https://t.co/qgf0VdyUgC If not, RT or share this. 🙏🏾
Founders first deal with figuring out product-market fit among many other things. Then deal with rejection fundraising, then keyboard warriors follow to discuss your business strategy or lack thereof. 🤦🏽♂️
Founders, keep your head high! This journey is not for the faint hearted.
Lewis Hamilton wishes Eliud Kipchoge all the best ahead of the much anticipated Berlin Marathon on Sunday.
"I know you have a big race coming up in the Berlin Marathon and I just wanted to wish you all the best. I will be watching closely.
Ferdinand Omanyala is a Commonwealth Games GOLD medalist 🥇
He is the first Kenyan sprinter in 60 years to finish first in the Men’s 100m at this event 🇰🇪
New Report by I4H on Achieving Universal Health Coverage by 2030 cannot be accomplished without leveraging existing private sector capacity, #investment, and #innovation.
Read here: https://t.co/Y4YNmwjC3t #I4HMember
"The #AfricaInvestmentForum is a connector, connecting project sponsors, investors, financiers from public to private sectors. It helps to mitigate investor risks by deploying a suite of risk guarantees." - @AfDB_Group President @akin_adesina.
➡️ https://t.co/4zrJA2ZEKc
If you grew up poor, one of the most important things you can do for yourself is to re-educate yourself about money.
Poverty takes a toll on your mind that just being exposed to wealth doesn't just cure.
Be deliberate about your attitude towards money.
Men,
Do not send nudes to women.
Do not ask for nudes from women.
Your media gallery should be as clean as a whistle.
Respect yourself.
#MasculinitySaturday