Civil society group calls for reassessment of Senegal’s ranking and exclusion of Macky Sall from the Ibrahim Index
The CRDP invites the Mo Ibrahim Foundation to re-evaluate Senegal’s rating for the period corresponding to the presidency of Mr Macky Sall; to exclude the latter from any distinction or mention within the Ibrahim Index in order to preserve the credibility and rigour of this international reference in matters of governance.
Activists accuse IMF of propping Kenya’s ‘borrowing and spending decisions used to sustain political patronage’
They urged the IMF and the World Bank to incorporate demands for better governance in Kenya, not just focus on economic targets, in their assistance programmes.
IMF visit to Kenya discussed reforms that could lead to a new programme
The East African nation’s $3.6 billion programme with the IMF expired earlier this year, and some officials have expressed interest in getting a new one that will include a lending component.
Back with begging bowl: Kenya will talk to IMF about new programme in Washington next week
Some financial analysts have said that Kenya needs a new loan deal from the Washington-based Fund to anchor its external debt repayments.
Kenya mulls $1 billion ‘debt-for-food’ swap to ease its burgeoning foreign debt portfolio
Kenya, which is East Africa’s biggest economy, had a total public debt equivalent to 67.8 per cent of its gross domestic product at the end of June this year, the Finance Ministry said in the document called an annual borrowing plan.
Top officials of Kenya Tea Development Agency face economic crime charges after detectives expose massive looting
KTDA is a private company collectively owned by over 600,000 smallholder tea farmers across 16 counties. These farmers are shareholders in 54 tea companies, which, together with 15 satellite factories, own KTDA Holdings and its eight subsidiaries.
Ratings agency Moody’s warns Kenya’s debt costs are sky-high as government leans of domestic money market
Kenya will hold another round of talks with IMF officials in September in a bid to clinch the programme, the central bank chief Kamau Thugge said last month.
Dire straits: Broke Kenya says it is partnering with private sector eliminate systemic corruption
Currently, there are 20 sectors under KLIF that comprise Kenyan citizens representing watchdog agencies, media, civil society, private sector, faith, professional bodies, regional and sub-regional bodies, development partners, executive, legislature, judiciary, transport, education, labour, county government, anti-corruption agencies, constitutional commissions, regulatory boards, financial services and enforcement.
With world’s highest school dropouts due to high cost of education, questions emerge whether Catholic Church should privatise its centres
The Catholic Church is the region’s largest non-governmental investor in education. Catholic schools have long been a pillar of affordable but high-quality education, especially for poor families.
Former president who ‘allowed the poorest of Zambians to get close to the corridors of power’ dies
Edgar Lungu suffered from a rare disorder that caused a narrowing of the food pipe, for which he had been treated in South Africa before. Shortly after he took office in 2015 he fell ill and underwent a procedure in South Africa, which the presidency said at the time was not available in Zambia.
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