Despite understandable frustration among the general public, it won’t be easy avoiding the Cobra’s Bite COMMENT | SIMON M. MUTUNGI | During the British imperial rule in India, the city of Delhi found itself grappling with a significant infestation of venomous cobras. In an earnest attempt to mitigate this issue, the …
Read More »Potential implications of the World Bank’s loan suspension to Uganda
A comprehensive and strategic approach to address the concerns raised by the global bank should be developed COMMENT | SIMON M. MUTUNGI | On Aug.08, the World Bank announced that it is halting new loans to Uganda over the country’s controversial Anti-Homosexuality Act (AHA). The United States-based development financier said the …
Read More »What Facebook’s currency means for Africa
Its entry into the continental finance system presents complex regulatory issues for authorities COMMENT | SIMON M. MUTUNGI | Social media titan Facebook is set to roll out its own cryptocurrency dubbed “GlobalCoin” in 2020 with trials starting later this year. This is global cryptocurrency aims to be used …
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