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1 – 10 of 43Separately, the government is locked in a battle with county administrations that are demanding increased funds. Together, devolution and a resolute judiciary are complicating…
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DOI: 10.1108/OXAN-DB285135
ISSN: 2633-304X
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If it cannot pay or reach a bondholder deal within a 14-day grace period, it would become the third African country to default since 2020. These defaults reflect a broader…
The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…
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DOI: 10.1108/OXAN-DB283254
ISSN: 2633-304X
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Although the challenges each country faces differ markedly, all are struggling to address the legacies of old conflicts that threaten to perpetuate new ones.
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DOI: 10.1108/OXAN-DB283385
ISSN: 2633-304X
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By prioritising debt repayments over salary payments (and refraining from short-term borrowing to pay salaries), the government is signalling its commitment to servicing debts…
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DOI: 10.1108/OXAN-DB278562
ISSN: 2633-304X
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President William Ruto wants to use this bill to increase government revenue to help manage the difficult fiscal situation. However, the bill’s critics warn it may aggravate an…
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DOI: 10.1108/OXAN-DB279645
ISSN: 2633-304X
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The fund is an ambitious, complex and unorthodox approach to boosting financial inclusion and providing credit to citizens and small businesses, but it is not uncontroversial.
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DOI: 10.1108/OXAN-DB279329
ISSN: 2633-304X
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The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
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Prospects for East Africa and the Great Lakes in 2023.
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DOI: 10.1108/OXAN-DB273998
ISSN: 2633-304X
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However, their campaign promises, some of which are ambitious, may be constrained by a difficult budgetary situation, something which neither camp denies.