Kenya’s principal secretary for National Treasury calls for strengthening of Africa’s public financial management
In a speech read on his behalf by Michael Kahiti, Director of Planning and Head of the Africa Division of National Treasury, during the opening of the 2025 Africa Public Expenditure and Financial Accountability (PEFA) Public Financial Management (PFM) Flagship Training Programme organised by the African Development Bank in Nairobi, Dr Kiptoo said these persistent shocks have constrained the fiscal space, depressed the international financial flows and increased the cost of borrowing.
Cooperatives minister directs savings societies file annual returns to weed out graft and fakes
Through enhanced sectoral integrity, the cabinet secretary said the government, through his ministry, initiated targeted governance reforms to restore public confidence, improve operational efficiency, and reinforce ethical leadership within the cooperative sector.
White House announces Israel has accepted US ceasefire proposal, Hamas’ response ambiguous
Hamas had previously said it had agreed with Witkoff on a “general framework” of an agreement that would lead to a lasting ceasefire, a full Israeli withdrawal from Gaza, an influx of aid and a transfer of power from the militant group to a politically independent committee of Palestinians.
Analysts: Turmoil in world market is a result of end of cheap funding, not hard and fast shifts in US economy
While Friday’s weaker-than-expected US jobs data was the catalyst for the market sell-off, with Japan’s blue-chip Nikkei index on Monday suffering its biggest one-day rout since the 1987 Black Monday selloff, the employment report alone wasn’t weak enough to be the main driver of such violent moves, they added.
