ACFTA – Pretty on paper but will take time to implement
3 weeks ago, Nigeria the latest signatory to the African Continental Free trade agreement announced closure of its borders between Benin, Cameroon and Niger. This goes against the vision of open and free markets that allow for the movement of people, goods and services as stated in the much hyped continental free trade agreement. The border closure More...
Chagos Islands: UK refusal to return archipelago to Mauritius show the limits of international law
source: THE CONVERSATION The UK government has failed to comply with a UN deadline to hand back the Chagos Islands in the Indian Ocean to Mauritius. The dispute is reflective of a world still grappling with its More...
Kenya Bankers will not return to Wild West kind of banditry
Source: Reuters George Obulutsa NAIROBI, Nov 26 (Reuters) – Kenyan banks will not return to the “wild west kind of banditry” after a cap on commercial lending rates was lifted this month, the governor More...
Kenya to host the 7th edition of the East Africa International Arbitration 2019
GOVERNMENT CONTRACTING AND INVESTMENT DISPUTES; LESSON FOR STATES AND INVESTORS – AFRICA ‘ Nairobi-Kenya: The annual East Africa International Arbitration Conference returns to Nairobi this summer on More...
IMF Says Kenya Didn’t Finish Program Review as Loan Lapses
Kenyan authorities failed to complete a second review for a $1.5 billion standby arrangement with the International Monetary Fund, according to the lender’s country representative, Jan Mikkelsen. The Washington-based More...
Kenya to Keep Debt Below IMF Threshold, Treasury’s Thugge Says
Bloomberg Kenya’s debt is sustainable at 49 per cent of net present value and the East African nation’s Treasury intends to keep it below 50 per cent, Principal Secretary Kamau Thugge said. The International More...
Property boom in rural Kenya creates ‘poor millionaires
ReutersThomson Reuters Foundation) – A few years ago, Charles Kirimi lived comfortably in central Kenya, with his own house and car. These days, he sleeps on the streets and scrapes by on coins from More...
EAC organs dragging feet on integration
Only a few recommendations — 16 per cent — of the 5th EAC Secretary General’s Forum held in Burundi in 2017 have been implemented. Lilian Awinja, executive director of the East African Business Council More...
Cost of Turkana oil stand-off hits Sh1bn
The cost of the month-long work stoppage at Turkana oil mines has risen to nearly Sh1 billion and could escalate further if the stalemate is not resolved in time, top Ministry of Petroleum officials said Thursday. Petroleum More...
“When I grew up the land was for the community”: Oil troubles in Turkana
Source: Africa Arguments Nick Young Nick Young founded the online and print publications Oil in Uganda (2012) and China Development Brief (1996). Huge oil discoveries in Kenya’s poorest county have so far More...
