Kenya Economy

People who make products by hand in Kenya, known as artisans, are concerned about competition from similar goods from China. Thousands of people are known to make items to sell in a large Nairobi market. Njoroge Macharia makes stoves known as jikos in the local Swahili language. He said similar …

economy MEPs want back tolls on roads and bridges Monday, March 14, 2022 Ongoing construction of the Nairobi Expressway along the Uhuru Highway. PHOTO | DIANA NGILA | NMG BY EDWIN MUTAIMore from this author Summary The National Assembly’s Delegated Legislation Committee last week approved the 2021 Public Finance Management …

economy Cooking oil prices triple while palm oil costs rise 33 percent Friday March 11, 2022 Crude palm oil prices have risen by 33 percent due to the Ukraine crisis. FILE PHOTO | NMG BY ELIZABETH KIVUVAMore from this author Summary Edible oil makers are now buying palm oil, the …

economy CBK lifts credit price freeze following IMF announcement Wednesday 09 March 2022 Central Bank of Kenya. FILE PHOTO | NMG By OTIATO GUGUYUMore from this author Summary Equity Bank is the first lender to publicly announce that CBK has approved the risk element in its loan formula, pricing its …

Vendor pulls a handcart at Nairobi’s Marikiti Market. October 9, 2020. [Elvis Ogina, Standard] It seems theatrical as we see waves of politics in post-colonial Kenya oscillating in cyclical, well-choreographed episodes in a repetitive fashion. As noted in Achile Mbembe’s Post-Colony Theory, this country’s founding political elites disregarded the independence …

BY JAMES ANYANZWA Kenyan lawmakers are pushing for a law change to take on a new Ksh 4 trillion ($35.39 billion) indebtedness to fund a soaring budget deficit amid warnings the country is heading into a debt crisis. The Kenyan Treasury is considering options to fund a deficit of 846 …

Financial services company Standard Chartered is expanding its business-to-business (B2B) marketplace Solv, launched in India two years ago, to Kenya‘s e-commerce space. Standard Chartered Bank Kenya is likely to be among the platform’s financial partners, which offers an online marketplace, support services and loans from multiple small business lenders, according …

Nairobi — Kenya‘s internet speeds are set to become steadier, faster and more secure after a global nonprofit, the Internet Corporation for Assigned Names and Numbers (ICANN), confirmed the country will be home to one of Africa’s largest data centers. The Nairobi hub will be one of the company’s four …

ICANN to enable faster and more robust connectivity in Kenya with installation of the cluster. ISTANBULFeb. 28, 2022 /PRNewswire/ — Netizens in Africa will soon benefit from faster access and better protection against cyberattacks, thanks to the installation of two root server clusters. The Internet Corporation for Assigned Names and …

Harambee Stars captain Michael Olunga celebrates his goal with Joseph Okumu and Richard Odada during the second round of FIFA World Cup Qualifying at Nyayo National Stadium on Monday November 15, 2021. [Jonah Onyango, Standard] It’s been a hectic week for the world and even more so for the Kenyans …

columnists Address inclusivity in the planned launch of digital currencies Friday February 25, 2022 The Central Bank of Kenya building in Nairobi. PHOTO | DENNIS ONSONGO | NMG By OTIENO PANYAMore from this author Summary According to the regulator, CBDC will serve as legal tender similar to regular banknotes and …

The United Nations Global Compact, in partnership with the Global Compact Network Kenya, has announced its new Africa Strategy to advance corporate sustainability and scale responsible business practices across Africa. This is in support of the United Nations Sustainable Development Goals (UNSDGs). Aiming to accelerate and scale the global collective …

Nairobi — National Assembly Speaker Justin Muturi held a low-key gathering of National Delegates at the bomas of Kenya in Nairobi after promising a “melting snow” declaration with the appearance of a special guest. Instead, Muturi questioned the two-horse narrative as misguided ahead of the Aug. 9 presidential election, saying …

From The East African Kenya is exploring a digital currency regime that is being touted as a game changer for the digital money payments space, with consumers reaping the full benefits of faster and cheaper transactions. A cross-section of economists interviewed by The East African shared the view that the …

By Charles Onyango Obbo The Daily Nation reported on Tuesday that Lamu residents have urged Interior Cabinet Minister Fred Matiang’i to clarify the night curfew status in the region. Matiang’i on January 5 this year declared a month-long dusk-to-dawn curfew in some parts of Lamu, following a spate of terrorist …

business State House memo ends hiring freeze at parastatal institutions Wednesday February 16, 2022 Chief of Public Service Joseph Kinyua. FILE PHOTO | NMG BY BRIAN NGUGIMore from this author summary The head of the civil service, Joseph Kinyua, has issued a circular to principal secretaries, cabinet secretaries and CEOs …

NAIROBI, Kenya, Feb. 14 (Reuters) – As the clock approaches the Aug. 9 general election, the United Democratic Alliance (UDA) party has launched a vigorous campaign to sell its bottom-up economic policies with a series of listening tours . The head of the party’s economic department, Dr. David Ndii and …

Kenya authorized Ethiopian Airlines Group and Qatar Airways to operate additional cargo flights to meet additional demand for Valentine’s Day flowers. Ethiopia’s national airline was granted 24 flights and Qatari airline five “ad hoc additional flights” between late January and mid-February to ease freight restrictions on Kenyan flower producers, according …

Republicans in Congress have been grappling for several days with the aftermath of the Republican National Committee’s vote to punish Rep. Liz Cheney of Wyoming and Rep. Adam Kinzinger of Illinois for their criticism of Donald Trump and their participation on the panel investigating the March 6 Capitol siege. consumed …

Kenya-based EV startup BasiGo has closed a $4.3 million seed funding three months after establishing operations in East Africa’s largest economy to bring clean-energy commuter vehicles to a country heavily reliant on buses dependent on fossil fuels. The startup said it will use the new funds to build an assembly …

Kenya Airways announces plans to introduce direct flights from Nairobi to Milan Kenya Airways has announced that it will offer direct flights from Nairobi to Milan. A statement from KQ confirmed that flights will begin from June 8. It is not yet clear how many flights the national carrier plans …

It was a show of force between Deputy President William Ruto’s Kenya-Kwanza Alliance and a group of Azimio la Umoja leaders in Coast who were holding parallel rallies in Mombasa yesterday. Ruto, Musalia Mudavadi, Chair of the Amani National Congress, and Moses Wetangula of Ford-Kenya held a rally at the …

Never before in the last half century has the health landscape in Africa changed so much and generated so much interest. In fact, Africa’s healthcare sector would be worth an estimated $259 billion by 2030. While these trends highlight a lucrative opportunity for the private sector, if not well regulated, …

On 12th On January 1, 2022, Warner Music Group (WMG) announced that it had acquired a majority stake in Africari – the first major acquisition of the year in the entertainment industry. Momentum in this direction increased with WMG’s initial investment in Africori in April 2020 at the height of …

Gin contributed 5 percent of Diageo’s reported net sales in the period July to December 2021. [Courtesy] The gin revolution in Africa was fueled by the prodigious consumption of Gilbey’s in Kenya. This is according to the interim results of Diageo, a London-based multinational brewer that owns a majority stake …

It’s human to want to earn an extra cent. Such money is even sweeter when it comes easily from the hardest source of wealth: the ground. Even more so when the money only took a few calls and texts to a docile Shamba boy to get to you. Once spurred …

Global financial institution International Finance Corporation (IFC) MD and Executive Vice President Makhtar Diop will visit Kenya from 31 January to 4 February to demonstrate its support for Kenya’s development agenda. The IFC said in a Jan. 27 statement that the visit would highlight the role of the private sector …

Kenya has condemned terrorist attacks on civilians that continue to undermine peace efforts in Afghanistan, including the recent deadly Islamic State attack in the Provence of Khorasan in Herat. Speaking on Wednesday during the UN Security Council briefing on the United Nations Assistance Mission in Afghanistan (UNAMA), Kenya’s Deputy Permanent …

Dancan Onyango left Kenya in 2017 to study at the Life and Earth Sciences Institute at Pan African University in Nigeria and is now the proud holder of a PhD in Environmental Management. After graduating from the institute last May, he returned to Kenya to take up a position as …

Amani National Congress (ANC) party leader Musalia Mudavadi will make a major announcement in the Bomas of Kenya on Sunday 23 January. In his recent addresses to the media, the former vice president explained that his announcement would set off a political tremor and send shockwaves across the country. As …

The first edition of the annual Regtech Africa Conference is scheduled to take place on Wednesday 25th May 2022. the RegTech Africa Conference is the premier gathering of regulators, innovation ecosystem developers, investors, businesses and government officials to engage, collaborate and share knowledge on emerging technologies and practices that support …

National and regional governments are committed to working with intergovernmental organizations, farmers and private stakeholders for the thriving of the agricultural sector, the backbone of Kenya’s economy. During the Fourth Intergovernmental Forum on Agriculture in Mombasa, Cabinet Minister for Agriculture Peter Munya said that the country is still lagging behind …

EXCLUSIVE: Elizabeth Wahuti, the Kenyan activist who delivered an impassioned speech to world leaders at COP26, believes business and society must “open their hearts and listen” to communities already experiencing the worst of the climate crisis , to help make informed decisions for the benefit of society at the next …

business Kenya Railways accountant charged with falsifying payslip and stopping deductions Monday 17 January 2022 By SAM KIPLAGATMore from this author summary An accountant at Kenya Railways Corporation has been accused of changing the corporation’s payroll system, resulting in a Sh317,500 loss for the company. Patrick Kareithi Ndegwa, charged with …

The Central Bankers’ Reports, published annually by Global Finance since 1994, rate central bank governors of 101 countries and territories, including the European Union, Eastern Caribbean, Central African States and West African States, all of which have monetary unions. The magazine offers free country economic reports, which ranked Prof Luoga …

Kenya‘s $ 3.6 billion port master to plan will transform the country’s sea, sea and dry ports over the next 30 years. Modern ports that conform to International Maritime Organization (IMO) codes are attracting a larger maritime market that affects both the Kenyan economy and the region. But with this …

From Adedapo Adesanya Delta State said that developing a blue economy in Nigeria will attract huge investments in the state, including in seaports, tourism, rail and road development, airport, agriculture, oil and gas, housing construction, among others. This will take place in the run-up to the Nigeria Blue Economy Stakeholders …

[ad_1] Sri Lanka’s foreign exchange reserves had dropped to just $ 1.5 billion by the end of November (file) Colombo: The ailing Sri Lanka tried in talks with guest foreign minister Wang Yi on Sunday to reschedule its enormous Chinese debt, the president’s office said. The island’s tourism-dependent economy has …

[ad_1] The South African mobile operator Telecom says his Kenyan operation has launched an app for its T-Kash mobile money product. The company announced in a press release on Tuesday (Jan. 4) that its app will be available in the Google, Huawei and Apple app stores, giving customers broader access …

[ad_1] business The surgeon applies to the court to extend paternity leave to 3 months Thursday, January 06, 2022 BY JOSEPH OPENDAMore from this author summary A surgeon based in Nakuru has petitioned the court to order the same length of paternity and maternity leave. Dr. Benjamin Magare Gikenyi, a …

[ad_1] business Kenya’s foreign wealth falls by Sh87 billion Tuesday, January 04, 2022 The Central Bank of Kenya, Nairobi on Sunday November 22, 2020. PHOTO | DENNIS ONSONGO | NMG BY VICTOR JUMAMore from this author summary Kenya’s net foreign assets fell by Shutter 87.1 billion in the year through …

[ad_1] This year there will be a successor in the State House, with August 9th being the day of the general election. [Kibata Kihu, Standard] This year Kenyans will have to fight a series of battles that will ultimately determine their political, economic and health fate. Obviously, the ever-mutating coronavirus …

[ad_1] Cotu Secretary General Francis Atwoli. [David Njaaga, Standard] Cotu General Secretary Francis Atwoli yesterday called on the unions to take an active part in next year’s elections. Atwoli said the unions should stand up to protect the nation from looters and leaders of questionable character interested in rising to …

[ad_1] Kenyan fintech company IMFact, which provides working capital to micro and small and medium-sized enterprises (SMBs) with supply chain finance, has received an investment of £ 3 million (approximately $ 4 million) from FSD Africa Investments. according to a press release. The IMFact business model is a “pooled receivables” …

[ad_1] ODM leader Raila Odinga pledges to put in place solid policies that will help boost the country’s economy by more than 10 percent each year if he is elected president in the August 2022 elections. The former prime minister claims that this is achievable based on his experience and …

[ad_1] NAIROBI, Dec. 24 (Reuters) – Kenya will issue two Eurobonds by June next year to raise funds to support East Africa’s leading economy for 2021/22 (July-June) and to repay another government bond due in 2024, Treasury Secretary Ukur said Yatani. Yatani said in a statement to the International Monetary …

[ad_1] According to the nation of Africa Kenya has agreed to lift the ban on Ugandan poultry products as both sides seek a long-term solution to their ongoing trade disputes. The decision was made on Tuesday after a crisis meeting between line ministers in Nairobi, which also temporarily averted retaliatory …

[ad_1] Traders are converting their trunk to sell fruit, vegetables, groceries, eggs and other fresh farm produce along the Northern Bypass in Nairobi, June 4, 2020. [Elvis Ogina, Standard] President Uhuru Kenyatta’s interventions are softening the economic blows to Kenyans, even if some of them expire a month after next …

[ad_1] When optimism is high, the economy grows faster. [Courtesy] Elections around the world are fought and won based on key emotions – hope or fear. Narc’s 2002 campaign “yote yawezekana” produced the most hopeful nation in the world, according to a 2003 Gallup poll. Our favorite song from the …

[ad_1] One of the major shortcomings of GDP is the inability to “measure” services. [Christopher Kipsang, Standard] The gross domestic product (GDP) is a key figure for measuring the economic success of a country. Countries are rated based on how much of it they have. Governments rise and fall based …

[ad_1] BY WINNIE ATIENO Kenya will not impose restrictions like bans after cases of Omicron variants are discovered in two Kenyan travelers and a South African who entered the country last week. Health Cabinet Secretary Mutahi Kagwe said Kenya had instead campaigned to vaccinate its citizens to curb the spread …

[ad_1] By George Mwangi Special for Dow Jones Newswires Kenya‘s economy is forecast to grow at an annual rate of 4.9% in 2022 and 2023, the World Bank said Tuesday, but cautioned that the Covid-19 pandemic remains a major source of uncertainty. “This outlook takes into account that some sub-sectors …

[ad_1] business The Kenya Olympics team boss in 2016 accused the detention center Monday, December 13, 2021 Head of Mission at the Rio 2016 Olympic Games Stephen Arap Soi. PHOTO | PAUL WAWERU | NMG BY SAM KIPLAGATMore from this author summary On appeal to the High Court, Soi says …

[ad_1] Download PDFPrint article A coherence check is an assessment of the extent to which legal instruments such as the digital service tax (DST) achieve their own stated goals with effectiveness, effectiveness and efficiency. As the economic crisis deepens and Kenya‘s debtors begin to call, the Kenyan government’s coherence in …

[ad_1] Letters Respect electoral processes to protect the economy Wednesday, December 8th, 2021 Independent electoral and border commission [IEBC] Chair Wafula Chebukati. PHOTO | JEFF ANGOTE | NMG BY BENJAMIN OBEGIMore from this author summary Kenya is one of the top countries in Africa, whose electoral processes and consequences are …

[ad_1] Concepts like contracts, transactions, and records are crucial pillars that sustain economic, legal, and political systems as we know them. However, today’s world has shown that these tools and the protocols put in place to manage them have struggled to keep up with the fast-paced digital transformation that is …

[ad_1] business The parliamentary team wants the number of embassies to be reduced Friday, December 03, 2021 A joint session of the National Assembly and the Senate will hear President Uhuru Kenyatta deliver his State of the Union address on November 30, 2021 in the Parliament building. PHOTO | JEFF …

[ad_1] Movement around the port of Mombasa will improve after the opening of two major roads connecting the port to the Northern Corridor transport route. The streets Nyerere-Mbaraki and Kipevu are major arteries to and from the port. The Nyerere-Mbaraki road was funded by the UK government, the Danish International …

[ad_1] Construction of the Dongo Kundu bypass bridge, Mombasa. [Robert Menza, Standard] The government is optimistic that Vision 2030 will be achieved within the set timeframe, despite major challenges that have hindered its implementation. The key to the vision was an annual economic growth rate of 10 percent, which, given …

[ad_1] Electricity demand in Kenya hit a new record this week, rising to a high of 2,036 MW, the highest value ever recorded in history, marking a significant surge in demand since the COVID-19 pandemic broke out in March 2020. At the same time, the country recorded a new peak …

[ad_1] NAIROBI, Kenya November 24th – Former Prime Minister Raila Odinga has proposed the creation of a National Climate Council (NCC) to lead climate policy at the national level. Odinga noted that the Council will play a central role in addressing the country’s climate-related challenges. “Climate change is bigger than …

[ad_1] Columnists Closing universities is bad economy Tuesday, November 23, 2021 Main entrance to the University of Nairobi. FILE PHOTO | NMG BY TONY WATIMAMore from this author summary Much of the losses are attributed to operational problems such as the opening of many outdoor campuses and construction projects, as …

[ad_1] Small and medium-sized enterprises (SMEs) stand along Kigali Road in Nairobi. [Wilberforce Okwiri, Standard] Kenya may not industrialize unless we make drastic changes. Not only with regard to politics – which is wrong because it promotes the import of machines and tools. We also need to reconcile political pronouncements …

[ad_1] Vice President William Ruto in the Kiritiri Market in Mberry South constituency, Embu County. [Muriithi Mugo, Standard] Vice President William Ruto has warned Kenyans not to be divided on tribal and political lines that benefit few people. On the second day of his Embu tour, the vice president urged …

[ad_1] A new report has revealed the rise in sexual violence against minors in the country. The report on violence against children published by the Ministry of Labor and Social Protection shows that two out of five girls experience different types of violence. According to the report, women (16 percent) …

[ad_1] I look forward to deepening our cooperation to promote economic prosperity, security, human rights and democracy in the region. – Secretary Antony J Blinken, March 2, 2021 Secretary of State Antony J. Blinken will visit Kenya November 17-18, where he will meet President Uhuru Kenyatta and Cabinet Ambassador for …

[ad_1] In a recent column for Project community, the renowned economist Dani Rodrik, wrote: “The economy is currently going through a period of soul searching for its gender and racial imbalances. Many new initiatives are underway in North America and Western Europe to address these issues. But the geographic diversity …

[ad_1] President Lazarus Chakwera says he is aware of the various socio-economic challenges facing Malawians and that his government is right now in the middle of it all to help mitigate and appease the situation. On his trip to Kenya, Dubai and Scotland in Lilongwe on Tuesday, the visibly concerned …

[ad_1] Akoin (AKN), the digital asset platform and cryptocurrency developed by global artist Akon, launches this month and has partnered with Baanx to offer a debit card that allows users to preload and spend their crypto assets anywhere in the world. The Akoin Card will expand the reach of AKN …

[ad_1] NAIROBI, Kenya November 4th – Senator Moses Wetangula has been blessed by his Ford Kenya Party to compete for the presidency in next year’s general election. The Senator from Bungoma was confirmed Thursday during the party’s National Conference of Delegates (NDC) in the Bomas of Kenya, despite an order …

[ad_1] The continent is quickly becoming a hotspot for the increasing use of Bitcoin for everyday transactions. The global bitcoin and cryptocurrency market is growing daily and Africa is no exception. Although Africa is the smallest cryptocurrency economy by continent, it is the most dynamic. It has grown massively, receiving …

[ad_1] business Half-time break introduced amid high school riots Wednesday, November 03, 2021 Education Director Julius Jwan at Jogoo House, Nairobi, on March 2nd, 2020. BY GERALD ANDAEMore from this author summary The Ministry of Education revised the school calendar for the second semester and allowed a four-day break in …

[ad_1] President Uhuru Kenyatta at the 26th United Nations Climate Change Conference (COP26) in Glasgow, Scotland. [PSCU] President Uhuru Kenyatta has announced to world leaders that Kenya will be a steadfast advocate of the interests of African countries and the global South on climate change on the UN Security Council …

[ad_1] Until his dismissal by the military last week, Sudan’s Prime Minister Abdalla Hamdok, a former World Bank economist, led the country’s transition reforms that he hoped would solve the country’s financial problems. Sudanese economists and independent political analysts fear that in his pursuit of swift reform, he has neglected …

[ad_1] Corporations have turned to celebrities in recent years to help market their products on social media platforms like Instagram, Facebook, Twitter, and TikTok This is being driven by the growth of social media and the high level of internet connectivity in the country which is over 85%. According to …

[ad_1] Mark Zuckerberg announced a new corporate brand for Facebook and said he would like a new brand to focus on the next frontier in social media Facebook’s most popular app, “Facebook”, has retained its name, however, as the change only affects the parent company, which also includes Messenger, WhatsApp …

[ad_1] Columnists Vision 2030: Renew the infrastructure pipeline Thursday, October 28, 2021 Pneumatic rollers are paving the road from the Changamwe roundabout on June 30, 2021. PHOTO | WACHIRA MWANGI | NMG From Johnson KilangiMore from this author summary In 2008, Kenya launched a blueprint for long-term economic development that …

[ad_1] National Assembly spokesman Justin Muturi vows to revive the Kibaki-era policies that fueled the country’s economic growth if he is elected president. Muturi says Kenya‘s best economic potential was shown during the reign of former President Mwai Kibaki, and points to solid policies that allowed businesses and investments to …

[ad_1] Kenya Airways (KQ) is Africa’s most expensive airline, according to a new study by competition authorities in 24 African countries. The airline risks losing its market to competitors such as Ethiopian Airlines, South African Airways and Air France. “Kenya Airways has the highest average passenger price per kilometer (APPK) …

[ad_1] British Airways has a codeshare with. announced Keyna Airways on routes between London and Keyna and connections at both ends. British Airways Boeing 777-200ER – Image, Economy Class and more. Customers flying to Nairobi with British Airways can seamlessly reach 20 destinations in East and Central Africa including Douala, …

[ad_1] Africa could lose rare glaciers like the southern ice field of Kilimanjaro within 20 years. Chris 73 via Wikimedia Commons under [CC BY-SA 3.0] Africa’s mountain glaciers are melting so quickly that they are likely to disappear within two decades, according to a new United Nations report. The loss …

[ad_1] WHAT: Global Center on Adaptation Africa Adaptation Acceleration Day – Annual talk, answers from world leaders and press conference with questions and answers WHERE: University of Nairobi WHEN: 1400–1500 EAT (Nairobi time) October 26, 20210700 – 0800 EDT (New York) 1300 – 1400 CEST (Amsterdam) REGISTRATION: To register and …

[ad_1] Capital markets The district’s revenue is falling by Sh1.3 billion due to the shaky economy. Tuesday, October 19, 2021 Household Controller Margaret Nyakang’o. FILE PHOTO | NMG BY JOHN MUTUAMore from this author summary Internal revenue for the counties fell $ 1.33 billion in June, highlighting the struggles the …

[ad_1] business Kenya is writing a Sh17 billion loan to redesign city intersections Monday, October 18, 2021 Nairobi skyline. FILE PHOTO | NMG BY EDWIN MUTAIMore from this author summary Kenya has signed a US $ 17.4 billion loan from the Korean government to fund the construction and improvement of …

[ad_1] Keroche’s heiress Anerlisa Muigai tops the list of the best Kenyan entrepreneurs under 40 The 33-year-old is the founder of Nero, a water brand company Others on the list include Paul Kihiko, Rajiv Mehta, Gloria Otieno, Eugene Mbugua, and June Syowia Kenya is home to some of the richest …

[ad_1] ODM party leader Raila Odinga yesterday suggested that there had never been a better time for him to win the presidency than when he urged his supporters to register as voters. Mr Odinga defended his pledge of Sh6,000 monthly for each poor household, stating that if President-elect, he will …

[ad_1] (MENAFN- Colombo Gazette) Sri Lanka, along with Kenya, Nigeria and Pakistan, has refused to sign a global tax treaty. The Organization for Economic Cooperation and Development announced that 136 countries of the 140 members of the OECD / G20 Inclusive Framework on BEPS have signed the agreement. Four countries …

[ad_1] ODM leader Raila Odinga in Taita Taveta County at a rally on March 2, 2021. [Emmanuel Wanson, Standard] Northern parts of Kenya are hit by a devastating drought that has killed cattle and undernourished people. So far, almost three million people are facing severe food and water shortages. The …

[ad_1] UNCTAD’s 15th Four-Year Conference (UNCTAD15), October 3-7, passed an agreement to promote inclusive and resilient economic recovery in developing countries unprecedented with unequal access to COVID-19 vaccines, debt crisis, climate emergency and others To face challenges. The conference was opened on October 4th in Barbados by UN Secretary General …

[ad_1] President Uhuru Kenyatta in an earlier address. [Courtesy] The recently leaked name of the documents, Pandora Papers, alluded to Greek mythology and piqued our curiosity and emotions. The presence of our President on the list made things more interesting and Kenyan. In a curious twist, President Uhuru Kenyatta replied …

[ad_1] Labor CS Simon Chelugoi (center) and Korean Ambassador to Kenya Choi Yeonghan at the opening of the Hyundai Dream Center in Athi River, Machakos county. [Peterson Githaiga, Standard] Disadvantaged girls with an interest in vehicle technology can look forward to a bright future after starting a partnership in which …

[ad_1] October 9, 2021 F.ORTY YEARS Antoine van Agtmael of the International Finance Corporation introduced the idea of ​​a “Third World Equity Fund” to skeptical fund managers, and the concept of emerging markets found its way into global investing. The aim was to offer a diversified exposure in fast growing …

[ad_1] The government has hired 6,000 instructors for Technical and vocational education and training (TVET), institutions across the country. The Principal Secretary (PS), State Department for Vocational & Technical Training Dr. Margaret Mwakima was back at the drawing board and challenged the young trainees how to “drive” on a board …

[ad_1] Secret deals of Kenyan President Uhuru Kenyatta are revealed in the Pandora Papers. Photo: Twitter / ICIJ The explosive Pandora Papers, which rocked the world in the past 24 hours, contained a whopping 56,493 connections to South Africa last night, according to an exclusive reveal on Carte Blanche. African …

[ad_1] President Uhuru Kenyatta (C) will hand over the cloak of the 15th session of UNCTAD to Barbados Prime Minister Mia Mottley. [PSCU] President Uhuru Kenyatta is making his third visit to the Caribbean region from October 4-7, 2021. This closely follows the successful visits of the two Prime Ministers …

[ad_1] There is no doubt that the economic recovery will be driven by the success of our startups and small businesses. This is because it is estimated that between 80 and 98 percent of all companies in Kenya fall into the category of small to medium-sized enterprises (SMEs), which underscores …

[ad_1] The Senate Standing Committee on Labor and Social Affairs will summon the Kenya Criminal Police and Coast Guard (KCGS) for suspicious fishing activities in the country’s territorial waters. Committee chairman Johnson Sakaja said the committee would need input from the DCI and KCGS before finalizing its investigation into allegations …

[ad_1] The National Bank of Kenya (NBK), in partnership with Aqua for All, has launched a SH5 billion water, sanitation and hygiene funding program to support companies that deal with water, sanitary and hygiene products and services. services have to do. The groups expected to benefit from the fund include …

[ad_1] As Nigeria celebrates its 61st anniversary of independence, its citizens are caught in a general anomie of despair. This is due to the general insecurity in the country, rising unemployment and high cost of living. It is also an age of fear as many metrics of Nigeria’s socio-economic progress …

[ad_1] India’s tea export revenues in the first half of the current calendar (H1) are up 6.73 percent from the first half of 2020, despite the fact that shipments have decreased due to the sharp rise in prices received. Kenya‘s tea production fell by around 10 percent in the first …

[ad_1] Crowded view of Tom Mboya Street in Nairobi. [Jenipher Wachie, Standard] In the midst of the doom and gloom that the difficult times brought with them, a glimmer of hope came yesterday from an employment report by the Kenyan Statistics Office (KNBS). KNBS’s quarterly labor force report showed that …

[ad_1] The value of the giant telecommunications provider Safaricom to the Kenyan economy has increased sevenfold in just 10 years. An analysis of the company’s sustainability reports by Citizen Digital shows that the total value generated by the telecommunications operator has increased from Ksh 95.7 billion in March 2011 to …

[ad_1] Ideas & debate Why Kenya Can’t Afford 22 Economic Disruption to Polls Wednesday, September 29, 2021 BY GEORGE WACHIRAMore from this author summary The past elections have disappointed many mainly because of the socio-economic disruptions they cause, particularly for businesses and investments. They disrupt critical focus on national development, …

[ad_1] BANKI CENTRAL KUU YA BANK OF KENYA KENYA Haile Selassie Avenue P.O. Box 60000-00200 Nairobi, Kenya Telephone: 2861003/24 Fax: 2716556 P.RESS R.COME ON mINDIVIDUALLY P.OLICY C.OMITTEE mEETING The Monetary Policy Committee (MPC) met on September 28, 2021 amid the ongoing global COVID-19 (coronavirus) pandemic, the continued roll-out of vaccination …

[ad_1] NAIROBI, Kenya Sept. 28 – The Energy and Petroleum Regulatory Authority (EPRA), the Kenya Pipeline Company (KPC) and the Petroleum Institute of East Africa are among the five stakeholders expected to join the Parliamentary Committee on Finance and national planning proposals are beginning to make its examination of the …

[ad_1] The Minister of the Cabinet of Agriculture Peter Munya has ordered that a forensic and systemic audit be carried out in all KTDA factories, its subsidiaries and smallholder tea factories in order to improve efficiency. Agriculture Cabinet Secretary Peter Munya addressing the farmers at the Chebut tea factory in …

[ad_1] Updates to the world economy Subscribe to myFT Daily Digest to be the first to know about global economic news. This article is an on-site version of our The Week Ahead newsletter. Register here to receive the newsletter straight to your inbox every Sunday Hello and welcome to the …

[ad_1] The global adoption of cryptocurrencies last year has caught on more than Elon Musk, who drives a souped-up Tesla in a Dogecoin e-vehicle rally. (That’s a thing, isn’t it?) Regardless, crypto is a thing, and it’s growing rapidly around the world – its adoption has skyrocketed 881% year over …

[ad_1] Co-operative Bank of Kenya (CBK), a Nairobi-based financial institution, is introducing a new range of bank loans for Kenyan small and medium-sized enterprises (SMEs) active in the solar energy sector. It includes up-selling business solutions, opportunities to integrate counterparties, growing trade commissions, and integrating new package accounts for micro, …

[ad_1] The second China-Africa Economic and Trade Expo (CAETE) will take place from September 26th to 29th, 2021 in Changsha City in the central Chinese province of Hunan. Around 120 deals in trade, investment, project contracts and strategic collaboration worth $ 23.9 billion are expected to be signed during the …