Introduction Consider this scenario, LendCo is an entity in the financial services space which lends money to businesses. LendCo creates various products such as car loans, mortgages, credit card loans and leases. These loan products have receivables in the form of principal repayments and interest payments, which the borrowers commit to settling over the agreed …

Have you ever developed a financial model for a client or your organization and later found out that the spreadsheet had errors? What did you do? Did you go to your supervisor or the client and tell them …? Person 1: “Oh, by the way, do you know the model we built for Project Y …

Kenya’s development ambitions under Vision 2030 and the Bottom-Up Economic Transformation Agenda faces a persistent obstacle: the infrastructure financing gap, according to the World Bank estimates, this gap currently stands at more than $1.8 billion. With limited fiscal options and rising debt levels, traditional reliance on public borrowing and foreign loans is becoming less viable. …

The Impact of the Treasury’s Proposal to Withdraw CBK’s Fiscal Agent Status Kenya’s Treasury introduced a bill, earlier this year that sought to transfer the management of issuance and repayment of Treasury bonds and bills from the Central Bank of Kenya (CBK) to the Public Debt Management Office (PDMO) under the National Treasury. While the …

In this blog, we review the concept of loan refinancing, using a real-world example of a public corporate action by Centum, which restructured a Sh3.1 billion dual-currency loan to mitigate exchange rate risks. This move, announced on September 27, 2024, is a good example of how companies can strategically refinance their loans to improve financial …