Central bank boss admits exchange rate overshot equilibrium but sure Kenya will repay $2b bond
Kenya has received disbursements totalling just over $1 billion in the last two months and expects to get another $1.5 billion from the World Bank between March and May, he said.
Miscellany: Uganda is a country of diversities waiting to be harnessed for development
Agreeing to agree and to disagree can add value to leadership and governance as well as development, transformation and progress of a country. It can also contribute to genuine political development of the leaders and the led, the governors and the governed.
Ethiopia PM Ahmed rules out war with Somalia over port access deal with breakaway Somaliland
The nave base deal has rattled Somalia, which asserts that Somaliland is part of Somalia. Somalia’s president has suggested he is ready to go to war with Ethiopia to prevent it from building a port there. But addressing lawmakers on Tuesday, Abiy said he had “no intention” of going to war with Somalia.
Human-wildlife conflict in focus as hyena kills one, injures two people outside university in Kenya
Hyena attacks have become increasingly frequent on the outskirts of Nairobi, prompting KWS to release guidelines on how to react when confronted by the animals. “If faced with a hyena, do not move away until it does and continue facing its direction. Be loud, look aggressive and appear frightening to deter the hyena,” the KWS advises.
Regimes teeming with freeloaders like Uganda’s often birth morally and culturally ‘unidentified flying objects’
In Uganda we the elderly are watching as false economic schemes such as Myooga and Parish Development Model, based on giving “money bonanzas” to a few individuals in our communities in the hope that if they become rich their richness and prosperity will flow downward to us to benefit the rest of the community.
UN force steps up ground and aerial patrols in Abyei to deter further killings after weekend of mayhem
An armoured personnel carrier came under heavy fire during an ambush and UN ‘blue helmets’ at a base in Marial Achak were fired upon before the attackers were repelled. The bloodshed came a week after more than 50 people, including two UN peacekeepers, were killed in similar attacks on civilians over land disputes.
Kenya’s private sector activity contracts at slower pace in January compared to December
The survey said many companies also encountered slowing sales due to lower customer spending and cashflow problems, while others experienced higher sales.
Medical charity MSF warns 13 children die daily at camp in Sudan for displaced people
MSF says that Zamzam, a camp of more than 300,000 people, was originally formed by people fleeing ethnically targeted violence in the region in 2003. However, since war broke out between Sudan’s military and paramilitary forces in April 2023, camp residents have been cut off from vital humanitarian aid and medical care, the group said in a statement.
World Bank President Banga denies IFC cover up of rampant sexual abuse in Kenya school investments
Civil society groups have expressed concern, opens new tab that IFC ignored evidence of child sexual abuse at some of Bridge’s Kenya schools until the World Bank’s Office of Compliance Advisor Ombudsman (CAO) received complaints from parents in 2018 and opened an investigation, opens new tab.
Why Kenyan President Ruto’s copy-and-paste Singaporean low-cost housing model faces resistance from taxpayers, courts
The history of affordable housing in Singapore is – too – replete with instances of colonial government involvement. However, the policies were modified to align with the programme with rapid economic growth that resulted in a rapidly rising housing demand powered by booming economy and sharp rise in labour-force from foreign countries.
