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                  Pastor Dorcas

                  Pastor Dorcas Defends DP Gachagua Saying he is a Good Leader

                  7 Shot at a Graduation Ceremony in Virginia

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                    Mayoyo claims that the video is part of a wider scheme of mental torture and manipulation orchestrated by unknown individuals with ulterior motives. Photo/Courtesy

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                      • Movies
                      • Music
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Photo Courtesy

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[Photo Courtesy]

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                      Kenya's Deputy President Rigathi Gachagua AKA 'Riggy G'

Photo Courtesy

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                      Kenyan Boy Band, Sauti Sol: PHOTO/Courtesy

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                        Omtatah – Kenya Kwanza MP Offered to Fund Finance Bill Petition

                        Waititu Misses Corruption Trial, Court Told He Collapsed at Home

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                        Waititu Misses Corruption Trial, Court Told He Collapsed at Home

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                        The Supreme Court Buildings in Nairobi, Kenya.Photo/Courtesy

                        Hidden Challenges: Human Rights Issues in Islamic Inheritance Laws for Women and Children in Kenya

                        Finance Bill

                        Rejecting the Finance Bill is a Waste of Time, It Will be Passed – DP Gachagua

                        Mayoyo claims that the video is part of a wider scheme of mental torture and manipulation orchestrated by unknown individuals with ulterior motives. Photo/Courtesy

                        Veteran Journalist Alleges Witch-hunt, Mental Torture in Response to Controversial Footage

                        Mackenzie

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                        Museveni Defends Signing Anti-LGBTQ Bill

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                        State Will Not Tolerate Resurgence of Illegal Groups – CS Kindiki

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                          10-km World Record Holder Kipruto Suspended over Alleged Anti-Doping Violation

                          African Cup of Nations

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                          Absa Bank Kenya Chief Executive Officer Abdi Mohamed during the launch of the 2023 Absa Kip Keino Classic at Safari Park Hotel, Nairobi on May 5, 2023

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                            Nigeria’s Security Situation has got Worse: What Tinubu’s Administration Needs to do about it

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                              KIB Acting CEO James Wanjagi (Center) Sudhir Ranjan Jena (Left), and Isfandyar Zaman Khan (Right) cutting the ribbon to officially kick off World Financial Innovation Series (WFIS) 2023 – Kenya.

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                              What You Need to Know About Kamau Thugge, CBK’s Next Boss

                              Thugge worked as an economist at the International Monetary Fund (IMF) from 1990 to 1997.

                              Jackson Okata by Jackson Okata
                              May 17, 2023
                              Dr. Kamau Thugge is set to take over as the next CBK Governor if Parliament approves his nomination. Photo/Courtesy

                              Dr. Kamau Thugge is set to take over as the next CBK Governor if Parliament approves his nomination. Photo/Courtesy

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                              Dr. Kamau Thugge was born in 1960 in Nyeri County

                              He attended the University of Nairobi, where he graduated with a Bachelor of Arts degree in Economics in 1982.

                              He then went on to earn a Master of Arts degree in Economics from the University of Colorado at Boulder in 1984 and a Doctor of Philosophy degree in Economics from the University of California, Berkeley in 1990.

                              Thugge worked as an economist at the International Monetary Fund (IMF) from 1990 to 1997.

                              He then returned to Kenya to work as an economist at the Ministry of Finance from 1997 to 2002.

                              He previously worked in the Finance ministry as head of the fiscal and monetary affairs department apart from serving in other senior positions such as senior economic adviser and economic secretary.

                              In 2002, he was appointed as the Director of Economic Affairs at the Kenya Revenue Authority (KRA).

                              He served in this position until 2007, when he was appointed as the Principal Secretary of the National Treasury.

                              In 2013, he was appointed as the Chair of the National Economic and Social Council (NESC).


                              Also Read: CBK Introduces New FX Code with Threats of Penalties and License Suspension for Banks


                              He served as the Treasury PS between 2013 and 2019 before being forced out after being implicated in the Arror and Kimwarer dam scandal.

                              Thugge moved from a key suspect to a State witness in the Kimwarer and Arror dams’ scandal before being appointed as an economic adviser of President William Ruto.

                              If cleared by Parliament, he will become Central Bank of Kenya (CBK’s) tenth governor.

                              As the CBK governor, Thugge will oversee monetary policy and financial stability in Kenya. He will work to bring down the cost of living, ensure the success of the interbank forex market, and maintain healthy relationships with banks.

                              Thugge’s vision likely includes promoting economic growth, implementing effective fiscal policies, and addressing challenges such as high inflation and the weakening shilling.

                              Tags: Central Bank of KenyaKamu ThuggeTreasury
                              Jackson Okata

                              Jackson Okata

                              Jackson Okata is The Kenya Times Editor-in-Chief; He is a multiple award-winning journalist and reporter. Jackson is a Thomson Reuters, African Center for Media Excellence, Earth Journalism Network, Health Journalism Network and Journalists for Human Rights Fellow . He can be reached at jackson.okata@thekenyatimes.com

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                              Update Required Flash plugin
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