Why David Ndii's newfound love with weak shilling is faulty
While he would like us to believe that a weak shilling is good for the country, the opposite is true as the cost of production has increased.
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While he would like us to believe that a weak shilling is good for the country, the opposite is true as the cost of production has increased.
Share prices of Safaricom and top banks including Equity and KCB have witnessed a sustained drop, pulling the combined wealth of Nairobi Securities Exchange investors to levels last seen 10 years ago. The bourse has also witnessed heavy foreign investor flight. Johnson Nderi, Financial Analyst from ABC Capital joins CNBC Africa for more….
Climate activists – including influential campaigners Vanessa Nakate and Hilda Nakabuye – are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oil fields in Uganda to the Tanzanian coastal city of Tanga.
Climate activists are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields in Uganda to the Tanzanian coastal city of Tanga.