public lecture in honour of the late prof. francis mwega "conduct of monetary policy in a changing policy environment"

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Date and time: 
Wed, 2018-03-07 15:35

Prof. Benno Ndulu, who was speaking during the memorial public lecture in remembrance of Prof. Francis Mwega, who had contributed significantly to both academia and industry at the University of Nairobi and Central Bank of Kenya, cautioned banks against the rising non-performing loans. He urged banks to raise their capital base to be able to absorb shocks.  He attributed the slow economic growth in the region to the rise in the non-performing loans.

The Vice-Chancellor, University of Nairobi, Prof. Peter Mbithi paid tribute to the late Prof. Mwega, who played a leading role in helping students master the complexities of macroeconomics and public finance. He was relentless in ensuring that sound monetary policy was formulated and implemented.

Central Bank Governor, Dr. Patrick Njoroge, described the late Prof. Mwega as ‘the best of the best’. He was a mentor to many people in the CBK Fraternity. He displayed the highest professional humility and most of his research work informed policy decisions at the Central Bank.

The University of Nairobi salutes Prof. James Mwega, who served the University from 1985-2017.

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Expiry Date: 
Wed, 2021-03-31 15:35

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