Kenyatta defies parliament, rejects bill delaying unpopular fuel tax
President Uhuru Kenyatta of Kenya defied parliament by rejecting a finance bill that sought to postpone a widely unpopular tax on fuel that has triggered strikes and public anger.
PDP flays alleged failure to ‘positively’ engage British PM
The Peoples Democratic Party (PDP) yesterday decried what it called “President Muhammadu Buhari’s inability to productively engage British Prime Minister Theresa May.” A development, the party claimed, directly bungled Nigeria’s opportunity to draw maximum economic dividends from her visit. In a statement by its national publicity secretary, Kola Ologbondiyan, PDP expressed deep concerns “that President…
Africa50 fund gathers momentum as new catalyst for continent’s growth
It must be music to the ears of anyone interested in the rapid growth and industrialisation of Africa’s economies.In just three years since its take-off with a mandate to mobilise public and private sector finance to build Africa’s all-important infrastructure, the Africa50 fund has gathered momentum, with a growing portfolio of projects and capital base.
Kenya's president vows to recover stolen millions
Kenyan President vowed Wednesday that some $80 million (70 million euros) stolen from the national youth agency in the country's latest corruption scandal would be recovered.
Kenya president, opposition leader pledge reconciliation
President Uhuru Kenyatta met opposition leader Raila Odinga in public on Friday for the first time since last year's hotly-disputed elections, with the pair promising to heal the country's divisions.
Odinga’s mock inauguration as president
The dangerous turn of events in which Kenya’s opposition leader, Raila Odinga, the other day inaugurated himself as president in a mock swearing-in ceremony...
Kenya’s economy to expand by 5.8% this year, says finance ministry
Kenya’s economy is likely to grow 5.8 percent this year, recovering from drought and political uncertainty that pushed growth down to an estimated 4.8 percent in 2017, the finance ministry said. Economic output in the East African nation, which relies on farming and tourism, grew 5.8 percent in 2016. The Finance Ministry said in its…
OP-ED: ‘People’s president’ gambit reignites power struggle as old as Kenya
In what some have called a coup, Kenya’s opposition leader Raila Odinga was hastily sworn in in a mock ceremony as the “people’s president” by two lawyers in the presence of a sizeable crowd.
Washington takes aim at Kenyan opposition, government
The United States on Thursday rejected Kenyan opposition leader Raila Odinga's "inauguration" as "people's president," while also criticizing the authorities' crackdown on several broadcasters that tried to cover it live.