Prime Cabinet Secretary Musalia Mudavadi with Japan's Foreign Minister Motegi Toshimitsu-Photo|Courtesy

Kenya, Japan move to deepen trade and investment ties

Kenya values its longstanding partnership with Japan, which has brought significant benefits across key sectors, Prime Cabinet Secretary Musalia Mudavadi has said. Mudavadi, who hosted  Japan’s Foreign Minister Motegi Toshimitsu highlighted the countries’ shared commitment to deepening ties in trade, investment, development, and multilateral cooperation. Mudavadi praised Japan’s support through Official Development Assistance, especially in…

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Central Bank of Kenya (CBK) Governor Dr. Kamau Thugge (l) during the Parliamentary committee address/Photo Courtesy

CBK backs plan to sell 15% safaricom stake to fund infrastructure

Central Bank of Kenya (CBK) Governor Dr. Kamau Thugge has defended the government’s proposal to sell a 15 per cent stake in Safaricom PLC, describing it as an innovative financing option aimed at supporting infrastructure development without increasing public debt. Appearing before lawmakers, Dr. Thugge said the proposed divestiture would have a positive macroeconomic impact,…

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