Central Bank of Kenya (CBK) Governor, Dr. Patrick Njoroge, has said the government must take immediate action to manage its ballooning debt before it crushes the economy.
headlines.
- Central Bank of Kenya (CBK) Governor, Dr. Patrick Njoroge, has said the government must take immediate action to manage its ballooning debt before it crushes the economy.
- Dortmund Name Chelsea Striker They Want to Replace Erling
- Ex-CS Hassan Wario Sentenced to 6 Years in Jail
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The disused markets of Meru that cost taxpayers Sh300m
1.
Central Bank of Kenya (CBK) Governor, Dr. Patrick Njoroge, has said the government must take immediate action to manage its ballooning debt before it crushes the economy.
CBK Governor says Kenya’s debt worrying, Sh40 in every Sh100 paying loans
Read more: https://t.co/FezQZOjgs1 pic.twitter.com/6cNVpzij72
— Capital FM Kenya (@CapitalFMKenya) September 15, 2021
While noting that the Kenyan government has never defaulted on any loan, Njoroge said he was concerned that it is running out of room for further borrowing. The country’s debt stood at Sh7.71 trillion as of June this year, up from Sh3.62 trillion in June 2016. read more in the Daily Post.
2. 
Dortmund Name Chelsea Striker They Want to Replace Erling
Haaland Thursday, September 16, 2021, at 9:13 PM by Fred Kennedy
Borussia Dortmund is preparing for life without Erling Haaland who is poised to leave the club next summer.
https://twitter.com/AnfieldWatch/status/1438626490170626050?s=20
Haaland came close to departing the German club this window, with Man City, Chelsea, Barcelona, and Real Madrid all linked.
Reports suggest Dortmund is now keen to bring Timo Werner back to Germany to succeed the Norwegian hotshot.
Werner has endured a difficult start to life since joining Chelsea from Leipzig, with the forward managing just six league goals last season Read more:
Top Kenyan news, BREAKING NEWS in Kenya today
3. the-star.co.ke
Fuel prices should be lowered immediately, Raila says
Said the plight of Kenyans will be worsened by the increased fuel prices.
ODM leader Raila Odinga has broken his silence on the hike of fuel prices in the country following the latest review from the Energy and Petroleum Regulatory Authority.
ODM leader Raila Odinga during the burial of Robinson Nyachar -the father-in-law of Rangwe MP Lilian Gogo at Omoche village in Rangwe constituency on September 11, 2021
Image: ROBERT OMOLLO
Raila said on Thursday that Kenyans have been struggling to put food on the table since the onset of the pandemic now stand to have their collective plight worsened by the increased fuel prices.
“The prices should be lowered immediately to cushion the ordinary Wananchi,” Raila said. Continue reading on the Star. co,ke
4.
Ex-CS Hassan Wario Sentenced to 6 Years in Jail
Former Sports Cabinet Secretary, Hassan Wario, has been sentenced to a six-year jail term after he was found guilty of abuse of office.
Ex-Sports CS Hassan Wario sentenced to 6 years in prison or pay a fine of KSh. 3.6M.
Stephen arap Soi on the other hand has been sentenced to 12 years in prison or pay a fine of Kshs. 10m over 2016 Rio Olympics scandal; he headed the Kenyan team to the Olympics.#TheGamePlan pic.twitter.com/awyGGGFb2X— Carol Radull (@CarolRadull) September 16, 2021
Magistrate Elizabeth Juma, while sentencing the former CS, Thursday, September 16, noted that Wario and his co-accused used their positions in contradiction of the law.
Wario was, however, given an option to pay a Ksh3.6 million fine failure to which he will serve the jail term. read more on Kenyans.co.ke
5. nation.Africa/Kenya
The disused markets of Meru that cost taxpayers Sh300m
They were built and launched with pomp and color between 2010 and 2016 to spur economic growth and create employment.
Nkubu market which was built at Sh130 million which has remained unoccupied by traders since 2016. Traders said it was wrongly designed.
But 10 markets in Meru County remain unused and derelict.
The poorly thought-out yet costly projects were rolled out in various parts of Meru through the Smallholder Horticulture Marketing Programme (Shomap). read more on the nation. Africa
Top Kenyan news, BREAKING NEWS in Kenya today
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