Kenya wants a funded IMF programme, central bank governor says

Kenya wants a funded IMF programme, central bank governor says

The consensus among financial analysts is that Kenya needs a new loan from the IMF to anchor external debt repayments.

Read more
Ratings agency Moody’s warns Kenya’s debt costs are sky-high as government leans of domestic money market

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.

Read more
Former president who ‘allowed the poorest of Zambians to get close to the corridors of power’ dies

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.

Read more