Africa
Man faces death penalty for ‘aggravated homosexuality’ in Uganda
A man in Uganda faces the death penalty, after being charged with “aggravated homosexuality”. His lawyer said the…
World Bank
Africa
Featured
Kenyan debt up to record KSh1.56trillion
During President William Ruto’s first year in office, Kenya took on the most debt ever, pushing the country’s…
Africa
Uganda funding suspended by World Bank over LGBTQ law
Due to Uganda’s adoption of the contentious Anti-Homosexuality Act, the World Bank has temporarily halted its approval of…
Business
IMF seeks tighter controls on Kenyan loans
The World Bank claims in a new study that supports the recent issuance of a KSh141 billion ($1…
News
Ruto wants $500bn credit line for weak economies
President Ruto wants $500bn credit line for weak economies yearly, be established for the purpose of refinancing official…
National
Ruto budget has imprints of IMF, World Bank
The 129-page Budget address aimed to explain the motivation behind the far-reaching revenue-raising plan, which will see the…
Business
Kenyans abroad avoiding banks
According to the World Bank, the reduced exchange rate and cash transfer fees in the banking industry are…
Business
Tax proposals will reduce purchasing power-World Bank
It also portends harsher times ahead for businesses struggling with decreased demand as a result of the high…
News
World Bank: Earthquakes caused $5.1 billion in damage in Syria
The deadly earthquakes that hit Turkey and Syria last month caused about $5.1 billion in direct physical damage…