President William Ruto on Wednesday unveiled a proposal to address the dollar crisis that involves Kenya purchasing oil using shillings. Speaking during the Listing of Laptrust Imara (REIT) at the Nairobi Securities Exchange on March 22 the head of state accused oil cartels of hoarding dollars in response to the dollar
Tag: Fuel Shortage
President Suluhu mocks EAC country over depleted forex
Tanzanian President Samia Suluhu recently disclosed that a member of the East African Community (EAC) was facing imminent economic crisis after depleting its forex reserves. The Tanzanian President stated that their economy was strong and assured Tanzanians that they were on the right path economically unlike in the neighbouring state. “Economically,