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Uhuru helps a top bank to secure a deal in Somalia.

- President Uhuru  has brokered a deal with Somalia government 

- This was during the just concluded IGAD summit

President Uhuru Kenyatta visit to Somalia on September 12,2016  has seen Kenya Commercial Bank get approval to open a subsidiary in the neighbouring country.

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This is after the president held a meeting with Somalia president Hassan Mohamoud on the sideline of the just concluded special Igad summit in Mogadishu.

KCB also operates in Uganda, Tanzania, South Sudan, Rwanda and Burundi.

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The new development comes at a time when president Kenyatta held bilateral talks with the Somalia government who agreed to lift the ban on Miraa.

Meru Governor Peter Munya remarks that undermined the sovereignty of the Somalia country had seen the country ban the product from Kenya.

Source: TUKO.co.ke

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Aldo Pusey

Update: 2024-09-11