NIFC LAUNCHED -ECONOMIC PILLARS

A flagship initiative under the economic pillar of Kenya’s Vision 2030 titled The Nairobi International Financial Centre (NIFC) Authority has been launched. The NIFC is a new business center established to provide a more attractive and globally competitive environment that encourages both domestic and foreign investment, supports innovation and contributes to the overall economic growth…

NIFC LAUNCHED -ECONOMIC PILLARS

A flagship initiative under the economic pillar of Kenya’s Vision 2030 titled The Nairobi International Financial Centre (NIFC) Authority has been launched. The NIFC is a new business center established to provide a more attractive and globally competitive environment that encourages both domestic and foreign investment, supports innovation and contributes to the overall economic growth…

BUSINESS TODAY

UHURU SIGNS TRAFFIC BILL The national transport and safety authority has now been given the mandate to check and take safety measures on vehicles that will be found to be unroadworthy. Speaking after implantation of the traffic act, President Kenyatta said the rule will help to maintain sanity on roads following the upsurge of road…

BUSINESS TODAY

UHURU SIGNS TRAFFIC BILL The national transport and safety authority has now been given the mandate to check and take safety measures on vehicles that will be found to be unroadworthy. Speaking after implantation of the traffic act, President Kenyatta said the rule will help to maintain sanity on roads following the upsurge of road…

JUA KALI BUSINESS – BOOSTING ECONOMY

Kenyan youth attempt to join the labor market annually but only about 15 percent of them are successful in securing formal jobs. The informal sector in Kenya has had rapid growth over the last ten to Twenty years. The industry is currently contributing significantly towards the growth of the overall economy in a manner that…

SUBOTAGED ECONOMY

Energy Cabinet Secretary Monica Juma says the country has adequate petroleum stock and pointed out the current shortage has been brought about by hoarding by some oil and marketing companies. Speaking during a press conference, Juma stated that the current situation being witnessed in the country can be equated to deliberate efforts to sabotage the…

FUEL PRICES UP BY SH9.90

Motorists will have to pay more for fuel after the prices of Super Petrol, Diesel and Kerosene went up by Sh9.90. According to the Energy and Petroleum Regulatory Authority (EPRA), Super Petrol will now retail at Sh144.62 while Diesel and Kerosene will be costing Sh125.50 and Sh113.44 respectively. The Authority’s Director General Daniel Kiptoo indicated…

PRIVATE SECTOR GENDER MAINSTREAMING POLICY

The Kenya Private Sector Alliance (KEPSA) has launched the first private sector gender mainstreaming policy. This policy is developed with support from the MasterCard Foundation, aims at offering guidance to companies and organizations seeking to optimize gender equality and women’s empowerment initiatives. During the launch last week, KEPSA Chairperson Flora Matahi said “The formulation of…

ENOUGH DEBTS

Kenya Kwanza Alliance Principals led by Amani National Congress (ANC) Musalia Mudavadi have cautioned Treasury against committing the country to anymore debts. Speaking during a press conference on Budget Proposals in Meru, Mudavadi urged MPs to reject requests by Cabinet Secretary Ukur Yattani to adjust the debt ceiling from the current Sh3 trillion to 55…

ENOUGH DEBTS

Kenya Kwanza Alliance Principals led by Amani National Congress (ANC) Musalia Mudavadi have cautioned Treasury against committing the country to anymore debts. Speaking during a press conference on Budget Proposals in Meru, Mudavadi urged MPs to reject requests by Cabinet Secretary Ukur Yattani to adjust the debt ceiling from the current Sh3 trillion to 55…