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The Kenyan president is relying on several groups of advisers to steer his economic policy, keep him informed of political intrigues and hone his messaging. These precious allies belong to different circles and do not always see eye to eye, mirroring tensions already felt within the presidential majority. […]
Some in the president’s entourage are having a hard time implementing his spending cuts and worry they jeopardise the key objectives of his presidency. William Ruto has already had to backtrack on his promise to forgo international funding. […]
A delegation of Kenyan financiers and government officials paid a discreet visit to the Rwandan capital earlier this month with a view to drawing inspiration from the two-year-old Kigali International Financial Centre. The idea is to revive Nairobi’s financial attractiveness on the regional scene. […]
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. […]
Kenya’s western and coastal regions have provided long-standing support for opposition leader Raila Odinga. But after his latest failed presidential bid, they are now the scene of local power struggles. Some of his erstwhile followers have defected or formed new parties. […]
Kenya’s largest bank in terms of financial assets is hoping for a new lease of life following the departure of its CEO. But the issue of annual bonuses has caused ructions in-house, where there is much debate about the difficulties being experienced by KCB internationally. […]
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