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.

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  1. BARD AI

    Africa’s $824bn Debt Burden is Hindering its Potential-AfDB President

    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...
  2. R

    TANESCO: Nimenunua Luku mkanikata sh. 1,500 as DEBT COLLECTED , inatoka wapi na sijawahi kopa toka kwenu??

    Nimenunua umeme , nikapata message iliyojumuisha na DEBT COLLECTED ya shilingi 1500. Sijawahi kopa kwenu sasa deni limetoka wapi? Please clarify!
  3. Suley2019

    Kenya’s debt load hits Ksh.8.6 trillion in June

    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...
  4. Suley2019

    Wabuye: Amuua kaka yake kisa deni la Shilingi 50

    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...
  5. Suley2019

    MPs approve raising of Kenya's debt ceiling to Ksh.10 trillion

    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...
  6. Jamii Opportunities

    Head of Debt at Absa Group Limited April, 2022

    Bring your possibility to life! Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and...
  7. R

    Time barred acknowledgement of debt, section 27 of the law of limitation

    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
  8. Naipendatz

    Highest government debt as share of GDP, 2020

    Japan 237% Greece 177% Lebanon 150% Italy 135% Singapore 126% Portugal 117% Angola 111% Mozambique 109% US 107% Jamaica 103% Belgium 98% France 98% Congo 98% Cyprus 95% Spain 95% Bahrain 93% Jordan 92% Egypt 90% . . . Tanzania 39.15% A public debt sustainability analysis (DSA) done by the IMF...
  9. Teargas

    Sources of Tanzanian external debts

    Ni aibu Sana kuona Tanzania inakopa Deni kwa nchi maskini kama Angola. Iran na Iraq nazo ilowakopa mabomu ama Nini🤣😂😂🤣
  10. BAK

    Debt repayments to gobble up Sh10.7trillion

    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...
  11. Geza Ulole

    Middle income Kenya seeks G20 $298m debt holiday extension

    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...
  12. Wacha1

    Borrowing goes through the roof as EA amasses $73b in external debt

    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...
  13. The Sheriff

    Tanzania's debt surging, but government says it’s still sustainable

    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...
  14. vulcan

    Kenya clears direct debt to the UK
  15. joto la jiwe

    Each and every country in the the World sympathises with Kenya on debt trap, the situation is dire

    According to the Financial Times, China has transferred nearly $150 billion to governments and state-owned firms in Africa alone to secure commodity supplies and fund its global network of infrastructure projects, President Xi Jinping’s signature Belt and Road Initiative. (Reuters image)...
  16. Geza Ulole

    While Kenya keeps sleeping, Zambia clinches deal to defer Chinese debt

    Zambia clinches deal to defer Chinese debt THURSDAY OCTOBER 29 2020 Zambian President Edgar Lungu. FILE PHOTO | AFP Summary The move to defer debt comes three months after Zambia's President Edgar Lungu asked his Chinese counterpart Xi Jinping for debt relief due to the economic impact of the...
  17. Geza Ulole

    WSF: Italy signs Kenya's debt cancellation

    WSF: Italy signs Kenya's debt cancellation Home / APC Talk / WSF: Italy signs Kenya's debt cancellation By APC | 23 January 2007 At the World Social Forum the International Alliance of Inhabitants (IAI) entered in a dialogue with the Italian Minister for Development Co-operation, Patrizia...
  18. Geza Ulole

    Kenya debt to GDP ratio has officially crossed a 70% mark

    Kenya’s debt races past Ksh.7 trillion By Kepha Muiruri For Citizen Digital Published on: October 12, 2020 10:00 (EAT) File Photo of The National Treasury In Summary The roughly Ksh. 1 trillion addition in the public debt registry is largely attributable to an unrestrained borrowing...
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