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Postponed Raila swearing in will not derail reforms.

Raila Odinga was to be sworn in tomorrow as the People's President of Kenya. To his supporters, Raila is the center of gravity of kenya...

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10/10/2013

Kenya urged to set up diaspora bond.

The ratings agency, Moodys, has urged Kenya to set up a diaspora bond, in order to take advantage of the large number of Kenyans abroad. According to the Central bank, remittances from abroad are nearly 80 billion shillings, but most of the money goes to consumption, rather than to production. A diaspora bond
would help in the building of heavy infrastructure projects.

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