The caution comes amid a scramble by African countries to cushion their economies, support hard-hit sectors and provide social support to nationals, amid tough measures to contain the coronavirus disease-COVID-19, whose infection rate has gone beyond three million people countrywide.
The disease affects the colour of the banana fingers and bunches from green to brown or black, according to one of the affected farmers Nestori Aturinda. He says that the disease eventually results in premature ripening and shrinking of the banana’s, yet even when cooked, they remain hard and inedible.
Muhakanizi warns that any accounting officer who approves staff loans beyond the 50% of the gross pay and cause staff to go off the payroll will be held personally and pecuniary accountable.
In August 2015, Egypt expanded the size of the Suez Canal, a man-made Canal that links the Mediterranean Sea and the Red Sea following financing from Egyptians who bought investment certificates worth USD 3.6 billion (13 trillion Shillings) with a maturity period of five years and an interest rate of 15.5 per cent.
