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Op-Ed: Mobilising A Continent

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By Daniel Monehin, Division President for Sub-Saharan Africa and head of Financial Inclusion for International Markets at Mastercard Every day in Africa millions of people use their mobile phones to perform tasks which would otherwise prove difficult [Read story...]

Experts say Kenyans are overtaxed

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In their quest for independence from the British in the 18th century, Americans threatened to stop paying taxes, arguing that there would be no taxation without representation. Ezekiel Ole Tumbes stands at the counter of a shop in Elangata, Kajiado. [Read story...]

KRA unveils new measures to plug widening revenue hole

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NAIROBI: With the Railway Development Levy missing its revenue target, Treasury has come under pressure in servicing a Sh327 billion loan it used to finance construction of the modern Standard Gauge Railway (SGR). Standard Gauge Railway (SGR) workers [Read story...]

Ruhango women to hone skills in handicraft trade

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The Beauty of Rwanda has partnered with AIESEC Rwanda to equip women handicraft makers in Ruhango District with hands-on skills to help them improve their products, and operate their enterprises profitably. Kaitesi (right) admires some of the items m [Read story...]

UN to help boost Kenya’s pharmaceutical industry

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The United Nations Industrial Development Organisation (UNIDO) says it will help Kenya’s pharmaceutical industry reach international standards in order to reduce the cost of medicines. Unido Consultant Wilberforce Wanyanga Unido Consultant Wilberfo [Read story...]

Dar youth invent eco-friendly bags

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Two Dar es Salaam youth have won accolades for making environment friendly recycled bags to replace plastic ones which are harmful to the environment. Director of Environment in Vice-President’s, Dr Julius Ningu The youth, Alyanz Nasser and Shilen [Read story...]

Betrayal of development in Nairobi

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The draft Nairobi Ministerial Declaration is a sad disappointment for the interests of developing countries in this first WTO ministerial on African soil. Cabinet Secretary Amina Mohamed try her hands on a gavel during Tenth Ministerial Conference at [Read story...]

Mtwara free port project takes off

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Lives of Mtwara residents will not be the same again following an investment of nearly USD 700,000 (about 1.5bn/-) by Alistair Freeports Limited in the region. The firm is a subsidiary of Alistair Group and one of the first companies to open within t [Read story...]

Dar launches e-system for mining licence

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The Ministry of Energy and Minerals has launched the Online Mining Cadastre Transactional Portal (OMCTP) to provide an electronic platform for all stakeholders in the mining sector in Tanzania to engage directly with the Ministry of Energy and Minera [Read story...]

Fault lines emerge ahead of crucial world trade talks

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Ahead of the World Trade Organisation’s (WTO) 10th Ministerial Conference (MC10) that starts Tuesday in Nairobi, fault lines have emerged that point to a fractious negotiation process. And experts who have been following proceedings at previous [Read story...]

Kenya ranked 6th most vulnerable in Africa

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The US Federal Reserve rate rise could hit Kenya’s economy, an accountants’ lobby has said in a new report, which ranks the country as the 6th most vulnerable in Africa. The Institute of Chartered Accountants in England and Wales (ICAEW) said Ken [Read story...]

Banks failing youth employment efforts – YETP

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Reluctance by banks to fund young entrepreneurs is affecting efforts geared at reducing youth unemployment, Jean Paul Nyiribakwe, the Youth Entrepreneurship Training Programme (YETP) co-ordinator, has said. Young entrepreneurs have been encouraged t [Read story...]

‘PwC committed to promotion of local talent’

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PricewaterhouseCoopers (PwC) is keen on building capacity of local talented graduates to support the country’s development objectives. Some of the PwC finance chiefs who attended the week-long training in Kigali. (Courtesy) Florence Gatome, a partn [Read story...]

Cross-border trade boosted as MTN, Safaricom partner

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Rwandans living in Kenya and the local business community will now find it easy to send money home or to their suppliers following a partnership between MTN Rwanda Mobile Money and Safaricom’s M-Pesa money transfer services. MTN Rwanda has partner [Read story...]

Women entrepreneurs in Kenya get Sh460m boost

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NAIROBI: Women entrepreneurs across East Africa are expected to benefit from Sh460 million ($4.5 million) one year programme aimed at upgrading their businesses through cross-border trade. Foreign Affairs and International Trade Cabinet Secretary Ami [Read story...]

Public accountants tipped on professionalism

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Public accountants and auditors have been urged to embrace professionalism and transparency to accelerate national development. Auditor General Obadiah Biraro (C) chats with Bosco Mukombozi Karake from iCPAR and Cariithi M.Murimi the CEO of Value Dir [Read story...]

Baringo County launches first-ever business summit

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Baringo County is set to hold its first-ever Entrepreneurship and Expo Summit with a focus on green energy, agriculture and tourism. Baringo Governor Benjamin Cheboi The summit will bring together prospective investors to sell ideas such as the avail [Read story...]

Kenyans’ appetite to own property among top in world

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7 in 10 middle-class Kenyans plan to own property in the next two to five years, a new survey reveals. StanChart survey shows rich Kenyans have the highest appetite to own property in a group of seven countries including Hong Kong, Nigeria, China, In [Read story...]

Kenya drops nine positions in ranking

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The Global Competitiveness Report 2015/16 has placed Kenya at position 99, which is nine positions down compared to the previous year’s ranking. The report published by the World Economic Forum cited that despite the technological milestones made [Read story...]

Kenya: Agency seizes Sh60m counterfeit phones

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Electronics brand Samsung has cited counterfeits in the country as the leading factor to its loss of billions in revenue. This comes as products worth Sh60 million, mostly mobile phones, were intercepted at several stores in Nairobi following a raid [Read story...]