Not long time ago, a debtor, to defeat his creditors, would cause to be adjudged bankrupt. Or like the son of Moi, a famous citizen, file bankruptcy to avoid paying maintenance for an estranged wife. In those days, one would be adjudged bankrupt for committing, what was called, an act of bankruptcy. There were eight … Continue reading Why Jirongo’s Bankruptcy Tricks Will Backfire

By gatuyu t.j Introduction Central banks wear many caps. They formulate, and implement, monetary policies of their countries. They ensure stability in general level of prices. It is their mandate, to foster a stable, market-based, financial system. They will often be called by their governments’ to support efforts of actualising economic growth and employment creation. … Continue reading Muscles of Central Banking: Analysing Tools of Monetary Policy in Kenya