INFORMATIVE SITE.

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&

Southern Africa's tiny mountain kingdom of Lesotho on Wednesday reported news of its first case of COVID-19, making it the last African country to report the disease. Southern Africa's tiny mountain kingdom of Lesotho on Wednesday confirmed its first case of COVID-19, making it the last African country to report the disease. The ministry on Wednesday said it conducted 81 coronavirus tests on travellers from neighbouring South Africa and Saudi Arabia, of which one was positive, while the results of 301 other tests are awaited. The patient is a Lesotho national studying in Saudi Arabia.With the announcement, all 54 countries in Africa have now reported and confirmed cases of the novel coronavirus   Lesotho's health ministry said one person who recently arrived in the country had tested positive but was not showing signs of being ill. The patient was in isolation The country which boasts a population of about 2 million people is surrounded by South Africa, which has the highe

The news of this announcement can't come at the worst time than this, when Nairobi and Kenya as a whole is facing a global pandemic in the form of corona virus which has unleashed its claws worldwide. On top of restricted movements, curfew enforcements, hard economic times, social distancing and all the other directories which in the past couple of weeks have been the new norms and has become part and parcel  in the daily lives of the Nairobians and Kenyans at large and, I bet they can never ask for another condition or order to be added as it will make life unbearable and more hard to live . But life has its own way of treating the vulnerable! The Nairobi Government through the Athi Water Works and Development Agency(AWWDA) in conjunction with the Nairobi City Water and Sewerage Company, has today announced that the Nairobi region will be without water for the next two weeks. This is after the Sasamua-Kabete pipeline that is supplying water to Nairobi was damaged by a major land

The United States Embassy has warned American citizens in Tanzania on the high risk of Corona virus in the country. In an advisory shared via email, the Embassy warns that the risk of contracting the virus is very high in Daresalaam. It also notes that the Tanzanian government is not forthcoming with information on the true extent of the virus in the country.  The embassy also claims that the hospitals in the country are overwhelmed and seeking medical care could be very difficult. It has advised its staff and citizens to stay at home unless going out to buy food. The revelation comes days after the Australian High Commission in Kenya advised its citizens in East Africa to leave as soon as flights are available or risk being stuck for a long period of time.  More cases of covid-19 are being recorded as coming from Tanzania in Kenya, Zambia and Uganda.  On Monday, 9 Kenyan truck drivers tested positive for the virus after returning from Tanzania. In Nakonde, along the Zambia - Tanza

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

On Tuesday, Dmitry Peskov, the spokesman for Russian President Vladimir Putin, announced news that he had tested positive for coronavirus. He becomes the fifth senior Russian official to test positive for the virus. Kremlin spokesman Dmitry Peskov says he is hospitalized with the coronavirus. Peskov, a key aide of Russian President Putin, told the Interfax news agency on Tuesday, “Yes, I’ve gotten sick. I’m being treated.” Also infected was Peskov’s wife, Olympic ice dancing champion Tatyana Navka. She told reporters that Peskov’s condition was “satisfactory” and that the couple decided to enter the hospital so as not to expose the rest of their family. “He brought it (the virus) from work,” Navka was quoted as saying by the Daily Storm online outlet. Peskov, 52, has been Putin’s spokesman since 2008, but started working him with in the early 2000s. ALSO READ usa whitehouse millitary attendant test positive for corona virus According to Peskov, he last met Putin face-to-fa

Gilead Sciences has struck a licensing agreement with five generic drugmakers to make antiviral drug remdesivir for 127 countries, not including the United States, the company announced Tuesday.  Drugmakers Mylan, Cipla, Ferozsons Laboratories, Hetero Labs and Jubilant Lifesciences will manufacture remdesivir for distribution in "low-income and lower-middle-income countries, as well as several upper-middle- and high-income countries" that face health-care obstacles amid the coronavirus pandemic, the company said.  SEE ALSO REMDESIVIR IS THE NEW DRUG BEING USED TO TREAT CORONAVIRUS The deal is "royalty-free" until the World Health Organization says the Covid-19 outbreak is no longer a global health crisis or "until a pharmaceutical product other than remdesivir or a vaccine is approved to treat or prevent Covid-19, whichever is earlier," the company said.  The Food and Drug Administration on May 1 granted emergency use authorization for Gilead's remdesi