Ex-central bank chief named Kenyan finance minister amid rising inflation

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Kenya's Ruto names Njuguna Ndung'u as finance minister

Ndung'u, an economics professor, led the central bankbetween 2007 and 2015, winning praise for presiding over the expansion of the financial sector and condemnation for prioritising growth over price stability in 2011.

"We appreciate that we have a difficult economic situation on our hands," the president said as he unveiled his cabinet. Ruto also appointed a former vice president and deputy prime minister, Musalia Mudavadi, as his chief minister, a newly created post, to coordinate government business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines