Legacy of Mwalimu Nyerere in $137 million ‘sovereignty’ war: How latter-day regimes made Tanzanian businesses vulnerable to foreign banks
The High Court cleared the way for the EADB’s properties in Dar es Salaam to be auctioned and their bank accounts at Standard Chartered to be frozen to pay the businessman.
Sovereignty gap: Explaining Kenya’s ‘prostitution’ vis-à-vis Tanzania’s patriotism and Uganda’s nonchalance
In contrast, Kenya’s legal and executive arms are more focused on “market-friendly” optics than protecting the Kenyan citizen. From the East African Development Bank (EADB) disputes to the auctioning of local assets under foreign rulings, the system feels less like a shield for the people and more like a bridge for neo-colonial interests.