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THE STANDARD Former UNCTAD Secretary-General Mukhisa Kituyi. [David Njaaga, Standard] A number of former leaders from Western and Nyanza regions, some who have been in the political cold for over a decade, are plotting a comeback in 2022 General Election. They are banking their hopes on the ongoing political realignments in the two regions and nationally. The politicians are angling to fill the seats to be left by governors who are serving their final terms. Such governors are Wycliffe Oparanya, (Kakamega), Sospeter Ojaamong (Busia), Cornel Rasanga (Siaya), James Ongwae (Kisii), Okoth Obado (...

Synopsis Every government’s best answer to a debt trap has been privatisation. The private sector is hailed as a panacea for India’s cash problems. But the immediate monetisation of assets only momentarily satiates India’s welfare aspirations. In his last visit to India, Jeff Bezos famously announced that the 21st century belonged to India. While it could have been pure PR, there is much merit to Bezos’ claim. India’s bullish spree has inspired a positive business sentiment across the world. Despite Covid-19, Moody’s projected that India’s GDP will grow at 12% in 2021. Accordin...

news India courts Africa with vaccine ‘friendship’, but is it sustainable? Aggrey Mutambo When an Indian Air flight touched down at the Jomo Kenyatta International Airport (JKIA) in Nairobi with 100,000 doses of a Covid-19 vaccine last Wednesday, New Delhi marked 70 such deliveries across the world. Nairobi was the 10 African capital to receive the delivery and, according to officials at the Indian External Affairs ministry, more African countries could receive the “gift” of vaccines before end of this month. Dr Virander Paul, India’s High Commissioner to Kenya, sai...

When an Indian Air flight touched down at the Jomo Kenyatta International Airport (JKIA) in Nairobi with 100,000 doses of a Covid-19 vaccine last Wednesday, New Delhi marked 70 such deliveries across the world. Nairobi was the 10 African capital to receive the delivery and, according to officials at the Indian External Affairs ministry, more African countries could receive the “gift” of vaccines before end of this month. Dr Virander Paul,...

Omni Capital Partners Sdn Bhd managing director Scott Lim (pic) explained that the structural weakness in the economy stemmed from the ongoing brain drain in the country coupled with lower foreign direct investment (FDI) inflows compared to neighbouring countries as well as lower investment outflows. KUALA LUMPUR: Despite the optimism of the ringgit strengthening against the US dollar this year, the local currency is likely to stay weak against its Asean peers in the medium-term dragged down by structural weaknesses within Malaysia’s economy. Omni Capital Partners Sdn Bhd managing director ...