Mwai Kibaki News
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President Uhuru Kenyatta of Kenya said his government wants to create sustained economic growth of more than 10 percent, in part by cutting a public wage bill that is almost 12 percent of the gross domestic product.
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Kenya’s shilling retreated for the first time in three days against the dollar as businesses increased demand for the U.S. currency after a month of election-related uncertainty.
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Uhuru Kenyatta, who is preparing for trial at the International Criminal Court, won Kenya’s presidential election as his main rival rejected the result and said he would go to court to have it overturned.
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Kenyan Deputy Prime Minister Uhuru Kenyatta, who is accused of crimes against humanity, led Prime Minister Raila Odinga in a presidential vote as the shilling slumped amid investor unease about a delay in the results.
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Kenyan Deputy Prime Minister Uhuru Kenyatta, who is accused of crimes against humanity, led Prime Minister Raila Odinga in a presidential vote that both complained had suffered from technical faults and delays.
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Kenyans begin voting today in a presidential election with security forces on high alert to prevent a repeat of ethnic violence that marred the last ballot and curbed economic growth.
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Kenya’s electoral authority counted presidential votes for a third day with partial results showing Uhuru Kenyatta, who’s charged with crimes against humanity at the International Criminal Court, in the lead.
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Kenya’s economic prospects eclipse the risks posed by next week’s election, said Mark Mobius, the head of Templeton Emerging Markets Group.
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Kenya’s electoral commission began the final physical counting of votes in a presidential race led by Deputy Prime Minister Uhuru Kenyatta, who faces International Criminal Court charges of crimes against humanity.
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The International Criminal Court dropped charges against Kenya’s Francis Muthaura, who alongside President-elect Uhuru Kenyatta was accused of inciting violence in the East African nation after an election in 2007.
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