Sharp Daily
No Result
View All Result
Saturday, October 25, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Mudavadi urges Kenya Kwanza leaders to stop blaming past government

Faith Chandianya by Faith Chandianya
December 27, 2023
in News
Reading Time: 1 min read

 

The Prime Cabinet Secretary, who is also the Foreign and Diaspora Affairs CS, has urged his Kenya Kwanza counterparts to stop complaining about the previous regime and focus on delivering their promises to Kenyans.

While speaking in Vihiga County during the 44th Vihiga Cultural Festival yesterday, Mudavadi admitted that the cost of living has gone up and a lot needs to be done to improve the country’s economic status.

“As a former finance minister, I agree that the cost of living has gone up. There’s no doubt that what we found was bad. But the truth is, lamenting will not help. We have to put things straight,” he said.

RELATEDPOSTS

Seven deals to propel Kenya’s economic growth

April 28, 2025

Ruto’s appointment of Raila’s nephew and its political impact

April 23, 2025

The prime cabinet secretary further told the leaders that there are three more years before the 2027 general elections.

Mudavadi further assured Kenyans that the Kenya Kwanza government would address the problems facing education, health, agriculture, energy, and other sectors in order to provide employment for 70% of the country’s population.

The Kenya Kwanza government is fond of blaming its predecessor (Uhuru Kenyatta’s government) for the country’s state of the economy.

For instance, on December 18, during a round table with the press at the Statehouse, President William Ruto blamed the depreciating Kenyan shilling on Uhuru’s government.

Ruto claimed the former administration “artificially” suppressed the value of the dollar against the Kenyan shilling.

He explained that it was done by selling Kenya’s dollar reserves to the market so that they could increase the supply of dollars at a rate that was not the actual price, a form of subsidized price.

“The then government spent 2.6 billion US dollars (almost KES 400 billion) to support the Kenyan shilling so that it did not go to its actual exchange rate,” Ruto said.

 

 

 

 

 

 

 

 

 

 

Previous Post

ODPP refutes claims of inaction in Meru blogger’s murder case

Next Post

Mudavadi calls for optimism amid tough times

Faith Chandianya

Faith Chandianya

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

Kenya tightens crypto regulations after INTERPOL flags terror-financing scheme

October 24, 2025

Sidian Bank reshapes leadership in strategic transition

October 24, 2025

IRA drafts new regulations to introduce virtual assets insurance in Kenya

October 24, 2025

Understanding Umbrella vs Occupational Retirement Benefits Schemes in Kenya

October 24, 2025

Sovereign Wealth & Infrastructure Funds in Focus

October 24, 2025

CBK turns to gold in bid to diversify reserves and boost stability

October 24, 2025

2024 cooperatives bill seeks to modernize governance and member protection

October 23, 2025

Coca-Cola HBC to acquire 75.0% of CCBA for USD 3.4bn by 2026

October 23, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024