Investment firm Centum plans to pay its dollar-denominated loans in the near term to avoid rising finance costs on hard currency debt amid the weakening of the Kenya shilling.
The loans due for repayment include $10 million (Sh1.22 billion) in borrowings held by the listed firm and the dollar component of a loan of Sh5.5 billion ($45 million) credit facility taken up by its real estate unit Centum Re in 2020.
