Kenya: Two Cabinet and 14 Principal Secretaries Take Oath of Office

Kenya: Two Cabinet and 14 Principal Secretaries Take Oath of Office

Nairobi -- Two newly appointed Cabinet Secretaries and 14 new Principal Secretaries have been sworn in at the Nairobi State House.

John Mbadi breaks down amount of money Kenya missed after aborting IMF loan programme

Treasury Cabinet Secretary (CS) John Mbadi revealed that Kenya missed about KSh 100 billion from the International Monetary Fund (IMF) loan programme.

Finally, everything predictable happened. The inevitable devaluation occurred, and with it, inflation accelerated. And despite the fact that food price-setters had already been positioning themselves for higher prices as a precautionary measure, they sent out new lists on Monday with an average increase of 10%. Prices that, of course, won't be reflected in the statistics, which will claim that poverty is decreasing, that inflation is under contr…