Central Bank of Kenya (CBK) Governor Patrick Njoroge on Wednesday confirmed that Kenya was considering adopting the Chinese Yuan as a reserve currency. Njoroge was at the Guangzhou-Foshan Nairobi Business forum when he was questioned on the issue by a Chinese gentleman. In response, Njoroge highlighted the dynamics of the world economy before stating that the move was ‘inevitable’. “It […]
Tag: Kenya
PHOTO: see the picture of Prince William in Kenya that is making Africans and pan-Africanists quibble
Prince of William, the Duke of Cambridge who is visiting Africa, Kenya to be precise with his wife has been captured in a rare picture, being carried shoulder-high by local folks while he sat in a comfortable chair and smiled. The way and manner he was being carried is not any different from how kings […]
USA: First lady Melania Trump visits Ghana tomorrow, 1st October 2018
Melania Trump, the First Lady of the United States of America will be in Ghana on Monday 1st October, 2018 as part of her working visit to four African countries on a mission to promote child welfare. Ghana would be the first African country Donald Trump’s wife would visit before proceeding to three other countries […]
Kenya: President Kenyatta signs Finance Bill 2018 into law
President Uhuru Kenyatta has today signed into law the Finance Bill 2018. The Bill, passed by the National Assembly yesterday, reflects the President’s recommendations for a reduction of VAT on petroleum products from 16 to 8 per cent among other amendments on various taxes. President Kenyatta also signed into law the Coast Guard Bill 2018 […]