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How a string of bad investment decisions dug Kenya neck-deep in debt

Share this story IMF approves Sh261b fresh loan for Kenya The agreement now awaits the approval of the Executive Board, the IMF’s highest decision-making organ. MOST READ

Team to assess viability of Ronald Ngala Utalii College

Team to assess viability of Ronald Ngala Utalii College Monday February 08 2021 By LYNET IGADWAH Summary The financial soundness and the viability of Kenya Utalii College’s coast branch will be revealed in a month after Tourism Cabinet Secretary (CS) Najib Balala appointed a taskforce to look into the investment. The six-member team will make recommendations to the CS on institutional reforms on the Kilifi-based institution. Ronald Ngala Utalii Collage is at the centre of investigations by National Assembly’s Public Investments Committee over exaggerated costs. The financial soundness and the viability of Kenya Utalii College’s coast branch will be revealed in a month after Tourism Cabinet Secretary (CS) Najib Balala appointed a taskforce to look into the investment.

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