Tax evaders are the real target of new currency

CBK Governor Dr Patrick Njoroge displays the new notes. [David Gichuru, Standard]

I am not an economist. This is therefore not an intricate financial analysis or a discourse on complex economics.

But I understand enough to suggest that the purpose of Dr Patrick Njoroge’s Madaraka Day announcement is unstated. In his atypical address during a national day public event, the elusive Central Bank of Kenya governor announced that Kenya was finally issuing a new currency.