May 10 - 16, 2004
On THE EASTAFRICAN THIS WEEK
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Kenya's Finance Minister David Mwiraria (left) with Patrick Orr of Orr & Associates UK Ltd and East African Legislative Assembly MP Rose Waruhiu at the conference.
Picture by Anthony Kamau

 

Amin: Nubians to Sue CBK, BoU Over Frozen $50m
UGANDA AND Kenya's central banks face a massive law suit as more than 1,300 members of the Nubian community move to recover millions of dollars in accounts that were frozen in the two countries, soon after the government of late Ugandan dictator Idi Amin fell in April 1979.

Cash in Transit: KBA Proposes 'Money Dyeing'
GRAPPLING WITH growing insecurity, Kenyan bankers have proposed the introduction of a remote-controlled device to be fitted in the money boxes used for cash in transit, which at the touch of a button explodes, dyeing the contents with colour and rendering them useless to thieves.

Graft: Donors Decry Dar Delays
TANZANIA'S DONORS have expressed "grave concern" over the government's commitment to combat corruption and fear that the fight against graft has been put off until 2006, when President Benjamin Mkapa will leave office.


 
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