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Kenya: Calls for Axing of Bank Governor

The country's shilling crisis has led to the recommendation by the parliamentary committee that the Central Bank Governor Njuguna Ndung'u step down.

Kenya: MPs Want Ndung'u Out Over Shilling

The Star, 15 February 2012

A parliamentary committee yesterday recommended that Central Bank governor Njuguna Ndung'u step aside and President Kibaki appoint a tribunal to investigate his conduct. Read more »

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Kenya: Why Ndung'u Is Taking the Flak for the Shilling's Decline

Nation, 15 February 2012

One of the key accusations levelled against Central Bank governor Njuguna Ndung'u by a parliamentary committee is that he has maintained a poor working relationship with commercial… Read more »
Kenya: House Team Missed the Mark On Shilling Probe

Business Daily, 15 February 2012

After more than four months of investigating reasons for the recent depreciation of the shilling, a parliamentary committee has recommended that Central Bank of Kenya governor… Read more »

Kenya shilling.

Kenya: Shilling Seen Gaining Against the U.S. Dollar

The Star, 14 February 2012

The Kenyan shilling held steady against the dollar yesterday and traders said it was likely to firm in the days ahead due to the Central Bank's intervention and inflows into… Read more »
Kenya: MPs Want Ndung'u Out of CBK Over Shilling's Fall

Business Daily, 14 February 2012

Central Bank Governor Njuguna Ndung'u was Thursday thrown into a new battle for survival after the parliamentary committee that investigated last year's historic depreciation of… Read more »

Kenyan Shilling Weakens Against U.S. Dollar

The shilling lost one percent against the U.S. dollar on increased demand for the greenback from commercial banks signalling its loss of momentum against the U.S. currency. Read more »
- Kenya: Shilling Weakens Against Dollar
- Kenya: Shilling Signals Loss of Momentum Against Dollar
Kenya: Banks Linked to Shilling Drop Shamed

The Central Bank governor has revealed the names of three banks that are alleged to have been responsible for the drastic decline of the shilling. Read more »
- Kenya: Parliament Summons Spy Chief in Shilling Probe
- Kenya: Bank Boss Put On the Spot Over Shilling Fall