Citron being asked if we would short $JMIA recent run-up NO WAY. We learned lesson shorting e commerce . Bad risk/reward . Pandemic has changed e-com globally $SE $MELI. Appears worst is behind $JMIA. Full report to come next week. https://t.co/MleylDnxLv
— Citron Research (@CitronResearch) October 9, 2020
With a debt already close to 70% of its GDP, the IMF projects that Kenya plans to borrow $12.4bn from foreign sources by June 2022. This, at ... a time when the country is at a high risk of debt distress and subject to zero limits on non-concessional borrowing. But the distress is also having a cause and effect on its population.