NewsEast & Horn Africa

Sun,22Jul2018

East & Horn Africa

Kenya finance bill would emasculate central bank -bank governor

Kenya's President Uhuru Kenyatta, center, attends a ceremony to mark Jamhuri (Republic) Day at Kasarani stadium on the outskirts of Nairobi, Kenya, Tuesday, Dec. 12, 2017. Photo: Brian Inganga/AP/SIPAKenya's central bank will be emasculated if a draft bill that aims to regulate the conduct of financial institutions becomes law, bank Governor Patrick Njoroge said on Tuesday.

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Kenya: Ruto’s path to 2022

 
 

Ben CurtisAP/SIPAKenyatta’s deputy has topped a poll on who will  be the next president. But within his party there  are signs his succession pact may be challenged

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Uganda power distributor Umeme to spend $1.2 bln to expand grid

 The new Kiira Dam, left, runs in parallel with Nalubaale Dam in Jinja, Uganda, Nov. 2, 2006. The two dams help generate electricity for Uganda, using water flowing from Lake Victoria, but they have been blamed by some people for the receding water levels in the lake. (AP Photo/Kirsty Wigglesworth)/WARMER_WORLD_AFRICAN_LAKES_NY457/HFR 12-10-06. ADVANCE FOR SUNDAY, DEC. 10/0612042155 Auteurs  : KIRSTY WIGGLESWORTH/AP/SIPAUgandan power distributor Umeme Ltd plans to spend $1.2 billion in the next seven years to revamp and expand the grid and has hired an adviser to explore options for raising the money, the company's chief executive said on Wednesday.

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ICBC targets Chinese visitors to Kenya with new credit card

AP photosThe Industrial and Commercial Bank of China (ICBC) has launched a credit card in partnership with Kenya's Stanbic Bank to tap a growing pool of Chinese tourists visiting the East African nation.

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OPINION: Tanzania has always been an autocracy

Once upon a time, there was a democraty...
At lunchtime on 7 September 2017, I was followed home from parliament. Outside my home, two gunmen emerged from a car and opened fire at close range with sub-machine guns. My car was sprayed with 38 rounds of bullets, 16 of which hit my body. I was flown to the Nairobi Hospital in Kenya for emergency treatment. My lead surgeon later told me that I lost my entire stock of blood three times over.

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China/Africa: New departures

Photo: Thomas Mukoya/ReutersBoth China and the United States are rethinking their  long-term commitments to their partners in Africa, as the rhetorical and other rivalries between the two superpowers heat up

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