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    Men’s U-19 cricket team preps for world cup qualifiers

    Men’s U-19 cricket team preps for world cup qualifiers

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      Men’s U-19 cricket team preps for world cup qualifiers

      Men’s U-19 cricket team preps for world cup qualifiers

      Record breaker Tebogo was advised against the 400m race

      Tebogo’s expected move to the US sparks mixed reactions

      GU clinches P3m Sponsorship Deal with Bank Gaborone

      GU clinches P3m Sponsorship Deal with Bank Gaborone

      Less Rewards for The Mares after Historic WAFCON Feat

      Less Rewards for The Mares after Historic WAFCON Feat

      Sponsorship offers pour in for Botswana’s World Athletics U-20 Heroes

      BAA targets Four Medals at World Athletics U20 Champs

      Orange Phikwe Marathon attracts Int’l Runners

      Orange Phikwe Marathon attracts Int’l Runners

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      Kenya: public debt rises to US$72.2bn

      mm by RMB Africa Research
      July 18, 2022
      in News
      Reading Time: 1 min read
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      Kenya: Kenyatta approves US$141m fuel subsidy to cushion consumers from price hikes

      Uhuru Kenyatta Source: All Africa

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      National Treasury, in its monthly bulletin, reported that Kenya’s public debt rose to KES8.56trn (US$72.2bn) or 69.1 percent of GDP by the end of May from KES8.47trn in the month prior. Domestic debt was KES4.27trn, or 34.4 percent of GDP, while external debt was KES4.295trn or 34.7 percent of GDP. Meanwhile, external debt denominated in dollars, euros, yen, yuan and pounds was 67.9 percent, 18.6 percent, 5.7 percent, 5.3 percent and 2.3 percent, respectively. National Treasury added that “a currency diversification is ongoing in order to mitigate against exchange rate risk on external debt.”

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