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Meet The Kenyan CEO Who Earns 1 Million Per Day  Photo/courtesy Did you realize that in Kenya,there is a CEO who consistently gets back home from Work every day realizing that he has earned 1 million Kenyan shillings. Indeed, in this article am going to give you more insights about this most extravagant Man who really acquires more than our key heads in the nation .  ALSO READ INTERNET ERUPTS OVER COTU SECRETARY GENERAL FRANCIS ATWOLI'S DANCING VIDEO Gideon Muriuki is the man the Chief Executive Officer (CEO) at the Cooperative Bank. Gideon is likewise the gatherings overseeing chief who claims more than 37 million offers at the Cooperative Bank. His yearly compensation is roughly 376million. While the month to month pay is 31.7 million. Further determined, would imply that he acquires 1million each and every day   Gideon was named as the overseeing chief of co-operative bank in the year 2001. Since he started his job, he managed the organization's turnarou...

photo credits, Citizen TV Kenya Receives Its Biggest Loan Ever, Kenyans React,  Kenya is set to receive a whopping 107 Billion shillings from the World Bank, in an effort to strengthen its budget.  The treasury CS Ukur Yatani confirmed the approval of the huge credit, citing it's mainly meant for budgetary support. This debt breaks the record as the highest amount of loan ever received from the World Bank. Last year, the same organization made a disbursement of 80 Billion to the national treasury to aid in government expenditures. In line with the CS, "The fact that WB does not provide budget support to countries with weak Macro framework is a testimony of the confidence levels of the bank in our new policy reforms". He tweeted. However, the approval of this loan broke the internet, with the majority of Kenyans opposing its disbursement. According to them, they're being subjected to a debt they're not benefiting from the loan in any way. Below are some of the neti...

Kenya has shunned the opportunity to delay debt repayments through the end of the year, as a measure to cushion against the effects of the Coronavirus pandemic. This follows an initiative by the group of 20 major economies in the world (G20) to help lesser-developed countries mitigate the pandemic. Treasury Cabinet Secretary Ukur Yatani in an interview with Reuters on Friday, May 15, argued that the debt relief may negatively impact the country's credit rating. Cabinet Secretary for Treasury Ukur Yatani speaking during the Child Protection Conference in Nairobi on August 2, 2019. Citizen Digital G20 in April 2020 agreed to temporarily waive loan repayments by lesser economies, with an aim of freeing up over Ksh 2 trillion that would be channelled towards the fight against Covid-19. Yatani asserted that the deal limited access to international capital markets for the period of the relief. He argued that the terms could be a stumbling block to the country...

Eric Wakaria was doing some general cleaning in his humble abode, scouring every nook and cranny when he stumbled upon something that made his heart race. A bundle of old generation notes that are no longer in use. He did not immediately know what to do with the find but after some time he thought that maybe he needed to ask for advice from the Central Bank of Kenya (CBK), the lender of last resort. ".@CBKKenya please advice on what to with these old notes I found as I was decluttering my room, " Eric Wakaria wrote. Central Bank of Kenya responded by retweeting with a heartbreaking message to Mr Wakaria. "Sorry, we have no advice to give, " the CBK's retweet read. If he had hoped that the top financial institution would ask him to bring the notes so that they could be exchanged with the new notes, the message came as a gut to the punch. The institution that regulates the banking sector had given Kenyans time to return the old generation notes. It had...