Revealed;IMF conditions-In a statement announcing its executive board’s approval of a new Sh257billion loan to Kenya,lender spells out governance conditionalities and timelines within the three-year loan maturity and singles out nine loss-making parastatals that will undergo major overhaul to stop bleeding the public purse.
Suluhu opens media space,changes tune on Covid-Tanzania President Samia Suluhu Hassan has unbanned media outlets and announced plans to form a committee on Covid-19, as she charts a path different from that of her predecessor John Magufuli.
Ruto’s risky gamble in top seat bid-Deputy President William Ruto has sidestepped regional kingpins, instead preferring MPs spread across the country to lead his presidential campaign anchored on a ‘hustler’ nation’ sloganeering, a strategy critics term risky.
Is this Raila’s new alliance? The presence of ODM leader’s allies at a Nairobi hotel meeting. which brought together former UNCTAD boss Mukhisa Kituyi, governors and senior legislators, set tongues wagging on whether a new political alliance was in the making.
Kenya stands to lose Sh25b due to diplomatic row – The country stands to lose more than Sh25 billion in flower experts with the ongoing diplomatic row between Kenya and the UK.
Ministry waives taxes for ARVs after outcry – The Ministry of Finance yesterday gave the go-ahead for the clearance of a consignment of life-extending drugs for HIV and Aids patients after a public outcry.
How public debt has ballooned in UhuRuto era – The Jubilee government’s appetite for expensive commercial loans over 9 years has been blamed for the country’s worsening debt crisis.
Kenya may access South Africa-made Covid vaccine from July – A Covid-19 vaccine made in South Africa could be deployed in Kenya anytime from July and this will shore up vaccination figures in Kenya.
Sell parastatals to plug budget hole, NSE to state-The Nairobi Securities Exchange has suggested to the government to sell its stakes in profit making parastatals to help plug budget deficits.
IMF reaffirms Sh255b loan amid protests – More than 200,000 Kenyans express reservations about latest deal even as experts differ on wisdom of borrowing more when country is struggling with huge debt burden.
Co-chairs of joint committee on collision course over BBI – Collision and division have emerged within the leadership of the joint House team compiling a report on BBI even as President Uhuru Kenyatta and Opposition chief Raila Odinga push for its tabling in Parliament