Central to the impasse is Kenya’s delayed passage of the Conflict of Interest Bill, which seeks to establish stringent accountability measures for politicians and public officials.
As President William Ruto took to the podium at Beijing’s prestigious Peking University, his words were fiery, deliberate, and clearly aimed at Western financial powerhouses. From the heart of China’s capital, Ruto unleashed a scathing attack on the World Bank and the International Monetary Fund (IMF), calling them outdated institutions trapped in Cold War mindsets. […]
Kenya, once East Africa’s beacon of economic development and democratic stability, now faces political and financial turmoil. Massive protests erupted after parliament passed a bill hiking taxes on essential goods, further burdening an already struggling population. The violent crackdown on protesters and subsequent deaths have deepened the crisis. President William Ruto’s refusal to sign the […]
Debt ridden Kenya has once again raised Sh108 billion ($1 billion) in a fresh Eurobond. The bond issued at an interest rate of 6.3% for the 12-year bond is the fourth sovereign debt to be floated by the country under President Uhuru Kenyatta’s administration since 2014. The National Treasury reported that the offer that was […]
