Tag: World Bank

Man faces death penalty for ‘aggravated homosexuality’ in Uganda

A man in Uganda faces the death penalty, after being charged with “aggravated homosexuality”. His…

Kenyan debt up to record KSh1.56trillion

During President William Ruto’s first year in office, Kenya took on the most debt ever,…

Uganda funding suspended by World Bank over LGBTQ law

Due to Uganda’s adoption of the contentious Anti-Homosexuality Act, the World Bank has temporarily halted…

IMF seeks tighter controls on Kenyan loans

The World Bank claims in a new study that supports the recent issuance of a…

Ruto wants $500bn credit line for weak economies

President Ruto wants $500bn credit line for weak economies  yearly, be established for the purpose…

Ruto budget has imprints of IMF, World Bank

The 129-page Budget address aimed to explain the motivation behind the far-reaching revenue-raising plan, which…

Kenyans abroad avoiding banks

According to the World Bank, the reduced exchange rate and cash transfer fees in the…

Tax proposals will reduce purchasing power-World Bank

It also portends harsher times ahead for businesses struggling with decreased demand as a result…

World Bank: Earthquakes caused $5.1 billion in damage in Syria

The deadly earthquakes that hit Turkey and Syria last month caused about $5.1 billion in…

State in talks with World Bank on junior high labs

The government is seeking funds from the World Bank to build laboratories in schools as…