African Press International (API)

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Letter to the Editor

Posted by africanpress on September 17, 2008

CBK APPOINTMENTS NOT ON MERIT

Kenyans,
In my opinion the problem is that CBK appointments are not merit based. Mr. Nyangito is an agricultural economists with no prior experience in monetary  and fiscal affairs, why should he be at the  CBK? There are so many capable  Kenyan Economists with Fiscal amd 
monetary expertise to manage the institution.

Competence of those folks at the helm of CBK is  highly questionable.Any serious economist can detect this, the research department is quite dormant. Globally central banks are knowledge 
factories in country specific macroeconomic and  financial markets issues and do have have active and relevant knowledge creating research departments. At the CBK, they value desk officers!

John Onyango
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API

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