Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The debt may be owed by sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mortgages are all types of debt. The term can also be used metaphorically to cover moral obligations and other interactions not based on economic value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person.
The Ministry of Finance, Planning and Economic Development has revealed that Uganda’s public debt has now surpassed UGX130 trillion, reflecting a continued rise in the country’s borrowing levels over the last quarter of 2025.
According to the Quarterly Debt Statistical Bulletin and Public Debt...
The proposal to allocate Shs315 million to each Member of Parliament for a vehicle comes at a time when Uganda’s public debt has risen beyond Shs114 trillion, raising serious questions about fiscal priorities.
While MPs argue that reliable transport is necessary for effective oversight and...
Habari za wakati huu;
ni muda mrefu tangu niliposhiriki mijadala hapa jukwaani.Hii ni kutokana na sababu mbalimbali ikiwamo sababu za mbalimbali ikiwemo za binafsi na za ujumla.Hata hivyo leo nimewiwa kurejea na kuleta muendelezo wa mijadala yetu ya biashara na ujasiriamali nikiamini kwamba kuna...
Nchi 10 za Africa zenye highest external debt kwa mujibu wa data za 2025
1. South Africa – USD 176,314 million (Sep 2024)
2. Egypt – USD 155,204 million (Sep 2024)
3. Tunisia – TND 128,856 million (Sep 2024)
4. Mauritius – MUR 96,713 million (Dec 2024)
5. Angola – USD 50,260 million (Dec 2023)...
Hii ni extract kutoka Makala ya BBC, kuhusu Deni la Marekani; (Wengi wanaweza kusema kwamba hayatuhusu, ila ukweli ni kwamba Mchuma Janga hula na Wakwao; na Hapa Wakwao ni Dunia)...
Simon Jack; BBC business editor
As Donald Trump cheered the passage of his self-styled, and officially named, Big...
Debt Financing vs Equity Financing
These are two primary ways a business can raise capital. Here's a clear comparison:
🔹 Debt Financing
Definition:
Borrowing money that must be repaid over time with interest.
Sources:
Banks and other financial institutions
Bonds
Private lenders
Key...
"The Debt Paradox: How the 1% Leverage Liabilities into Fortunes"
A house of cards rises, defiant and precise, atop a mahogany desk. Each playing card, placed with surgical care, represents not chance, but calculated risk. This is no child's game unfolding in a plush penthouse suite—it's a...
Africa’s massive debt load and the nature of many of its resource-backed loans are compromising its economic potential, the African Development Bank’s (AfDB) President Akinwumi Adesina said recently.
Countries on the continent are dedicating almost two thirds of their GDP to service debt...
Kenya’s debt load closed the 2021-2022 fiscal year at Ksh.8.6 trillion with public debt having grown by 11.5 per cent year over year from Ksh.7.7 trillion in June 2021.
New provisional data from the National Treasury shows gross public debt was up by Ksh.822.5 billion across the period with the...
Polisi mjini Webuye wamewakamata wanaume wawili kwa madai ya kumuua ndugu yao kisa madai ya Sh50.
Bw Nickson Matumbai, 61, anadaiwa kuuawa kwa kuchomwa kisu na mdogo wake mwenye umri wa miaka 33 akiwa na binamu yake mwenye umri wa miaka 50 maeneo ya Misikhu katika Kaunti ya Bungoma siku ya...
Members of Parliament have approved the lifting of the country’s debt ceiling to Ksh.10 trillion from the current limit of Ksh.9 trillion.
The move, regarded as an interim measure, is expected to allow the government to fully finance the upcoming 2022/2023 budget which has a Ksh.846 billion...
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Naomba mwenye kesi yoyote inayozungumzia time-barred debt acknowledgment anisaidie kuniwekea hapa au inbox. Section 27,28,29??? of the law of limitation.
ie what is the law in Tanzania as regards time-barred debt acknowledgment.
Naomba case law ya hapa Tanzania
The minister for Legal and Constitutional Affairs, Dr Mwigulu Nchemba, presents in Parliament on behalf of the minister for Finance and Planning some information on the proposed five-year National Development Plan (2021/2022 - 2025/26) and the State Budget for FY-2021/2022, in Dodoma yesterday...
Kenya seeks G20 $298m debt holiday extension
Kenya may receive additional debt relief from the Paris Club of international creditors to help ease Covid-19 related financial distresses.
The country has already received Ksh32.9 billion (about $298.6 million) loan repayment break which it would...
Tanzania: Why Tanzania's Inflation Rate Has Remained Lowest in East Africa
Credit: Josephine Christopher
Dar es Salaam — Tanzania recorded the lowest inflation rates among the East African nations last year, with analysts saying the trend signals stable prices in the country.
Tanzania's annual...
Tanzania's debt surging, but government says it’s still sustainable
By BEATRICE MATERU More by this Author
Summary
Despite the increase, the Ministry of Finance says that the debt is still sustainable.
For the year 2020/2021, the indicative debt burden threshold in Tanzania is 55...
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