Africa – Creditors urged to waive Africa’s debt – COVID 19
Africa recorded corona virus positive cases is growing and has reached over 1500 with 50 recorded deaths and over 100 recoveries. South Africa which announced a national lockdown starting yesterday has seen a rise in the number of cases to 957 yesterday. Other countries registering rising positive numbers are Egypt, Morocco, Burkinafaso, Tunisia, More...
Kenya unveils an economic stimulus – COVID19
Kenya’s Monetary Policy Committee met on the 23/3/2020 to deliberate on ways to counter the economic impact caused by Corona Virus pandemic which has devastated countries with significant human, economic and More...
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 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...
