Africa economy news -

Kinoti’s Tenure in Balance as Court Sets Date for Petition Hearing

Mweva Ford2 days ago07 mins

Silas Kinoti’s tenure as Director General of the Kenya Urban Roads Authority hangs in the balance this month, as a court prepares to decide whether to issue orders that would force him out of office, potentially bringing an abrupt halt to the career of one of Kenya’s most senior infrastructure managers. The Employment and Labour…

Kenya IMF Loan: Government Avoids New Borrowing After Securing Sh588 Billion

James3 months ago05 mins

IMF loan discussions remain a key focus in the country’s economic policy as the government signals that it may avoid taking a new loan from the International Monetary Fund in the short term after securing alternative sources of financing. Kenya has reportedly raised about Sh588 billion through asset sales, government stake disposals, and other funding…