Kenyan corporates mourn Kibaki - News Summed Up

Kenyan corporates mourn Kibaki


By JAMES ANYANZWA More by this AuthorThe Kenyan corporate sector is mourning the loss of former President Mwai Kibaki who breathed his last on Friday aged 90. From 4.5 percent in 2001, economic growth had slowed down to 0.6 per cent when Kibaki took over power in December 2002. Furthermore, infrastructure plans were being implemented, students in public primary schools had started learning free of charge, the number of public universities had increased, and economic growth had jumped to 7.1 per cent. “This saw Kenya’s economy grow from negative two percent to positive seven percent by 2007. The late President Kibaki also oversaw the promulgation of the Kenyan Constitution on August 27, 2010, setting off a series of reforms which shifted power to a number of independent institutions including the National Police Service, Judiciary, Independent Electoral and Boundaries Commission (IEBC), and the National Land Commission (NLC).


Source: Daily Nation April 22, 2022 21:18 UTC



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