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IMF Asks Ruto Not to be Moved by Street Demonstrations

July 21, 2023July 21, 2023

The IMF has asked the Ruto administration to stick to its taxation measures and not be moved by the street protests. The lender, in the document made public on Wednesday when the…

News

President Ruto Slams IMF, World Bank Over ‘Unfair’ Lending System

June 23, 2023June 23, 2023

President William Ruto has said the financial architecture must be of equals. He explained that the resources should neither be controlled by the World Bank nor the International Monetary Fund. “Africa does…

News

IMF to Uhuru: Reveal identities of Covid 19 millionaires by Wednesday midnight

June 29, 2021June 29, 2021

The International Monetary Fund (IMF) has given President Uhuru Kenyatta an ultimatum of 24 hours to reveal names of Covid-19 millionaires who were mentioned in the 7.8B KEMSA Scandal. The individuals mentioned…

Business

Angry Kenyans camp on IMF Facebook page over 257B loan

April 3, 2021April 3, 2021

Continuous borrowing by President Uhuru Kenyatta has left a bitter taste in the mouth of many Kenyans. This time, the pent-up anger was heavily unloaded on the International Monetary Fund (IMF), whose…

Business

Kenya receives another 257B debt as Treasury goes dry

April 3, 2021April 3, 2021

Washington-based global lender IMF has approved Kenya’s Sh257 billion loan for Kenya, to relieve some of the economic burdens currently facing the country. In a statement on Friday, the body revealed its…

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