In a recent article published by the Daily Nation Newspaper, the reason African debts have risen is because since the world financial crisis of 2008, there has been a boom in lending to low- and lower-middle-income country governments. It further says that due to global interest rates rising poorer countries are finding it tough to pay back money borrowed from banks.
To discuss this further we are joined by:
• Lesiba Mashapa Company Secretary at the National Credit Regulator
• Prof Ufo-Okeke Uzodike Executive Director, African Heritage Institution in Engu Nigeria
• Winnie Kunene Money coach, children’s money coach, wealth creator
