Kenyan President Mwai Kibaki suspended Higher Education Minister William Ruto pending the conclusion of a fraud case involving the sale of land to a state-owned oil company.
The Federal Open Market Committee will release its policy statement after tapering the size of the Fed’s monthly bond purchases by $10 billion in each of their four previous meetings.
Kenyan Agriculture Minister William Ruto was replaced in a Cabinet reshuffle, the presidency said, amid a probe into corruption involving a corn re-export program.
William Ruto , the suspended Kenyan higher education minister, said he will meet the chief prosecutor of the International Criminal Court, which is investigating post-election violence in the country.
Kenyan lawmaker William Ruto said he and deputy premier Uhuru Kenyatta can run the country even while fighting International Criminal Court indictments, if their coalition wins elections in March.
Kenyan lawmaker William Ruto will resume his duties as higher education minister after he was acquitted of corruption charges, a government spokesman said.
Kenya’s government wants commercial banks to cut their lending rates to less than 10 percent within the next year and plans to reduce its reliance on domestic funding sources, Vice President William Ruto said.
The start of International Criminal Court trials against Kenya’s president and his deputy threaten to delay revisions to oil and mining laws and rekindle ethnic tensions, according to Eurasia Group.