insert_link Africa World Bank Cuts Kenya’s Growth Forecast to 4.7% CNBCAfrica says the World Bank on revised Kenya’s 2024 economic growth projection down to 4.7% from an earlier estimate of 5.0%, attributing the downgrade to the effects of floods, anti-government protests, and sluggish fiscal reforms on Tuesday. Despite progress in stabilizing the exchange rate, increasing central bank reserves, and reducing inflation, Kenya remains at a high risk of debt distress, according to the bank's latest report. todayDecember 11, 2024 7
insert_link Africa Kenya’s Ruto proposes youth dialog forum Kenya’s President William Ruto has suggested creating a multi-sectoral group to facilitate dialog with the country’s youth following weeks of anti-government protests. Nation newspaper reports that the proposed 100-member national forum will include nominees from student leadership, as well as civil society, religious organisations, professional bodies, businesses, academia, national assembly leadership, and the council of governors. The announcement follows last week's unprecedented scenes that left parts of Parliament ablaze as […] todayJuly 1, 2024 13