Kenya enjoys better financial access compared to neighbouring countries, according to Central Bank of Kenya governor Njuguna Ndung’u.
Author: Editor
Regional financial services provider Equity Bank Group has recorded a 21 per cent growth in first quarter of 2014.
OUR TURN TO EAT State bosses target parastatals billions, By NLM Team Reminiscent of the 2004 shady deals that almost sunk President Mwai Kibaki’s regime, key government agencies are now in the crosshairs of powerful ministers out to control their multi-billion shillings’ budgets. Among those targeted are Agricultural Sector Coordination Unit (forerunner of Agriculture, Fisheries and Food Authority), Geothermal Development Corporation (GDC), EA Portland Cement, Kenya Wildlife Service (KWS), and the National Social Security Fund (NSSF).
Figures hardly lie. India, with 1.237 billion people and a gross domestic product (GDP) of Sh160 trillion, has 251 state corporations, known locally as PSUs (public sector undertakings).
Usalama watch is rationalized on a false premiseSecurity chiefs that have failed in every aspect of their brief and faced with imminent sacking jumped onto the opportunity to target Somalis to get a stay of execution and more time to show the President that they are trying their level best.
By Ali Mohamud : My neighbour is my tribe The African continent is rife with tribalism, clanism, nepotism and ethnicity in varying contexts all used in the most pervasive negative manners. Many of African civil wars, rebellions and infightings are tribe or clan associated. In many years past, myriads of theories to explain and understand the real connection between tribe and conflicts have emerged. For instance, some conflict theorists belief that with increased literacy, tribal conflicts decline.
Even though government has a hand in formation of PUSETU and its intention to weaken the labour movement COTU’s slumber is however largely to blame for the rising frustration amongst workers
Why nations fail and how they can prosper , Tom Odhiambo There have been comments in the media claiming that Kenya is a failed nation. Those who hold this view – and they are many – argue that 50 years since the end of colonialism the matunda ya Uhuru that were promised to all Kenyans are yet to be delivered by the ruling elite.
The litany of bribes, lapse in integrity, and alcoholism that nearly drove Judiciary to the hole Upon arriving at his new workstation in central Kenya, a Magistrate saw the prospect of owning land in the area. But he was penniless – or didn’t have enough cash. A broker offered to pay on condition the judicial officer would refund soon. It didn’t happen. An opportunity offered itself that made it possible for the magistrate not to honour the debt.
When should you spawn an IT innovation?IT innovators should consider their parent company’s resources before deciding whether they want to innovate in house or set up their own firm, according to research from Dr. Ulrich Hege of HEC Paris business school.