IN SHORT: Fake newspaper covers are increasingly circulating on Kenyan social media. One example is a cover story claiming that the family of former president Uhuru Kenyatta received US$117 million from Eurobonds.
The circulating cover is dated 1-3 December 2023.
The page features a picture of Kenya’s former president Uhuru Kenyatta greeting Magana Kenyatta, identified here as his “kin”. The strapline adds: “Magana Kenyatta received $177 million from JP Morgan account in 2014.”
In June 2014, Kenya issued a US$2 billion Eurobond to supplement its public spending. A Eurobond is a loan given out in a currency that is different to the currency of the country in which it is issued.
With the Eurobond maturing in June 2024, the Kenyan government has struggled to formulate a strategy to repay the bond. This has revived concerns about corruption and the tracking of public spending in the country.
‘Fake news alert’
On 1 December 2023, the Star posted the circulating front page on its social media accounts with the word “fake” printed across it in red.
“FAKE NEWS ALERT: This is not our today's front page. Treat it as FAKE,” reads the post on the official X, formerly Twitter, account.
The circulating front page is fabricated and should be disregarded.
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