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Thanks to its well-placed connections, the Kenyan subsidiary of Australia’s Base Resources has managed to persuade the government to resume awarding licences. New coastal projects are expected to be announced soon. […]
Plans to build the two Rift Valley dams were shelved in 2019 over concerns about corruption that led some of William Ruto’s allies to lose their government jobs. The new president is now tentatively talking about getting the projects off the ground again. […]
Should, as our sources intimate, the governorship of the Central Bank of Kenya (CBK) fall vacant ahead of schedule, it could well go to an economist close to William Ruto. Such an appointment would help the president seal his political alliances. […]
Worried about the reputation of Kenya’s financial sector, bank governor Patrick Njoroge is against plans to raise the minimum value of private banks’ reportable transactions. […]
As its debts continue to mount up, the Kenyan government is finding it increasingly difficult to find sources of finance, even from the private sector. Kenyatta’s successor, William Ruto, is preparing to take over the reins of a state with very little room for manoeuvre. […]
The Kenyan president Uhuru Kenyatta fears that the country’s appeal to investors will decline in the run-up to what is expected to be a hotly disputed election. He has instructed his teams to promote a new eurobond in the world’s leading financial marketplaces. […]
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