Author: JACKSON MUTINDA

By JACKSON MUTINDA A Brics+ reserve currency faces challenges in creation, according to Indian External Affairs Minister Dr Subrahmanyam Jaishankar. Jaishankar highlighted the complexities of aligning fiscal and monetary policies among members, emphasizing the focus on trading in each other’s currencies rather than introducing a new unit for the bloc. The Brics organization, consisting of Brazil, Russia, India, China, and South Africa, with recent additions, has raised discussions about a potential reserve currency but faces skepticism due to the member countries’ preference for their national currencies. Experts argue that the push for a common currency is essentially about promoting national…

By JACKSON MUTINDA Rwanda’s President Paul Kagame is receiving congratulations from African leaders for his overwhelming victory in the recent general election. Presidents from Kenya, Tanzania, Mozambique, and Guinea Bissau have sent goodwill messages to Kagame, who secured over 99 percent of the votes. President Ruto of Kenya praised Kagame’s re-election, while President Samia of Tanzania expressed her desire for stronger relations between their countries. President Nyusi also congratulated Kagame and wished him success in his new term. President Embaló of Guinea Bissau applauded Kagame’s victory. The National Electoral Commission has counted 96.6 percent of the votes, with Kagame’s party…