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Henry Kiplagat Rotich, the money man from Kimwarer
By Wangui Ngechu,
1719, July 22, 2019 (EAT)
Henry Rotich, the Cabinet Secretary for National Treasury was on Monday arrested after he surrendered himself at the DCI Headquarters following an arr...
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Zambian president fires finance minister, appoints central bank deputy governor
By Reuters,
902, July 15, 2019 (EAT)
Zambia’s president has fired Finance Minister Margaret Mwanakatwe and appointed central bank deputy governor Bwalya Ng’andu to replace her, a stat...
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Private sector calls for increased effort in fight against corruption
By Citizen Reporter,
1831, June 26, 2019 (EAT)
Business Managers and entrepreneurs in the country have called for more concerted efforts in the war against corruption, further vowing to enhance the...
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China says Africa projects should be sustainable, denounces criticism
By Reuters,
952, June 25, 2019 (EAT)
Chinese development projects in Africa must be sustainable, the government’s top diplomat told senior African ministers on Tuesday, as he denounced ...
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IMF disburses Ksh.25B loan tranche to Tunisia
By Reuters,
1240, June 13, 2019 (EAT)
The International Monetary Fund (IMF) has approved the payment of a $247million (Ksh25billion) loan tranche to Tunisia. This is the sixth under its...
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Nigeria’s Buhari kicks off challenge-filled second term with low-key inauguration
By Reuters,
2051, May 29, 2019 (EAT)
Nigerian President Muhammadu Buhari was sworn in on Wednesday for a second term at a low-key inauguration ceremony in which he surprised many by not d...
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5 Kenyans shortlisted for top KRA post
By Citizen Reporter,
839, May 28, 2019 (EAT)
Five candidates have been shortlisted for the Kenya Revenue Authority (KRA) Commissioner General post. They are James Mburu, Julius Waita Mwatu, Ri...
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Controversy of overvalued shilling: Why Central Banks intervene globally
By Kepha Muiruri,
814, May 14, 2019 (EAT)
An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capi...
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Kenya shilling overvalued by 30pc, report claims
By Citizen Reporter,
1212, May 8, 2019 (EAT)
The Central Bank of Kenya has been accused of managing the shilling and overvaluing it by up to 30 percent. A report titled 'Kenya's Economic Puzzl...
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Emgwen MP proposes cap to public debt at Ksh.6. trillion
By Kepha Muiruri,
1143, April 26, 2019 (EAT)
Emgwen Member of Parliament Alexander Kosgey has made his submission of the proposed raise to the public debt threshold to an absolute Ksh.6 trillion ...
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Morocco looks to French as language of economic success
By Reuters,
2055, February 18, 2019 (EAT)
Morocco’s economy is getting lost in translation. With so many students dropping out of university because they don’t speak French, the governmen...
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CMA backs local currency bond issuance to hedge against volatility
By Kepha Muiruri,
1859, February 1, 2019 (EAT)
The Capital Markets Authority (CMA) has backed the adoption of local currency in the issuance of government debt in the international market, this to ...
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Venezuela annual inflation tops 1 million pct in November: Congress
By Citizen Reporter,
1923, December 10, 2018 (EAT)
Venezuela’s consumer prices rose 1.3 million percent in the year ending in November, the opposition-controlled National Assembly said on Monday, as ...
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CBK Governor Patrick Njoroge appointed to UN task force
By Wycliffe Nyamasege,
2007, December 5, 2018 (EAT)
United Nations (UN) Secretary-General António Guterres has appointed Central Bank of Kenya Governor Dr. Patrick Njoroge to the United Nations Task F...
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US, China agree trade war ceasefire after Trump, Xi summit
By Reuters,
1121, December 2, 2018 (EAT)
China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Do...
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CBK boss rubbishes IMF report on ‘overvalued’ shilling
By Reuters,
827, November 29, 2018 (EAT)
The Central Bank of Kenya (CBK) governor Patrick Njoroge has dismissed a report by the International Monetary Fund (IMF) that the national currency is...
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Tunisian public workers protest over pay, more than half a million strike
By Reuters,
1133, November 25, 2018 (EAT)
About 650,000 public sector workers went on strike and thousands protested across Tunisia on Thursday over the government’s refusal to raise wages a...
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IMF says optimism in South Africa’s economic recovery fading
By Reuters,
1824, November 19, 2018 (EAT)
South Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of gl...
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Kenya likely to default on debt repayments, IMF warns
By Reuters,
1503, October 24, 2018 (EAT)
Kenya's risk of defaulting on debt repayments has increased to moderate from low, the International Monetary Fund (IMF) said. IMF cited the governm...
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Africans fear new trend of hiking taxes on calls, data
By Reuters,
947, October 18, 2018 (EAT)
The brisk business Julius Kirya did from his cash transfer kiosk in the Ugandan capital has slowed right down with a new tax on mobile money. Many ...
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