Let’s savour our successes even as we take stock of our failures

NAIROBI: This has been a gloomy month for Kenya. The economy continued tanking, with the Treasury making a startling admission that the country is having cash management challenges and interest rates hitting the mid-twenties. It was also the month that the much-predicted El Niño showed its ugly side, hitting us with unusual torrents of vicious rains.

The Controller of Budget released her report and it was clear that financial mismanagement continued to be a cancer both at the National Government ministries and at the counties. It was, therefore, gratifying to receive one unusual piece of good news, the jump by Kenya in the ease of doing business index by a whopping 21 places, becoming the third most improved country in this World Bank ranking.