Implications of the Sovereign Bond

In the June Issue on this column, we indicated that interest rates charged on loans will only reduce once the government lessens its reliance on local borrowing to meet its budgetary obligations. We stated that the high interest offered by...

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GM launches

Kenya’s Sports Utility Vehicles (SUV) segment in the auto industry is set for a shakeup following the introduction of the Chevrolet Trailblazer in the region by auto firm General Motors East Africa (GMEA).The Chevrolet Trailblazer will offer...

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A Business School of its Kind

Kenya is the envy of many countries due to her young, skilled and vibrant workforce. Compared to many African nations, Kenya’s labour force is undoubtedly the country’s main resource in terms of driving economic development and more importantly...

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Leading with a winning Strategy

When one is in business, he is not different with one who is in a battlefield. The weapons, tactics and preparation that an army needs to win a war are the same that a business person needs to win the business war. The mafia manager says; “You are...

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Please Don’t Kill Us

Please Don’t Kill Us
The media, the world over and particularly in Africa, is loved to be loathed. Famously referred to as the fourth estate – after the executive, legislature and the judiciary – the media is loved because of its crucial primary roles of informing, educating and entertaining.

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Reform Procurement Laws

Reform Procurement Laws
The decision by the government to invoke the direct sourcing clause contained in procurement laws in the award of a Sh15 billion security contract to Safaricom has generated a storm with Parliament questioning its legality.

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We need the Railway, Please

We need the Railway, Please
In recent weeks, Kenyans have witnessed a troubling circus involving the standard gauge railway project (SGR). Since President Uhuru launched the construction of the multibillion project in late November last year, the political and boardroom scenes have been awash with all manners of allegations, accusations and counter-accusations that the project is a mega scandal in the making. Before rushing into the bandwagon of the circus, it is important to be clear of a basic fact.

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Stop this Matatu Madness

Stop this Matatu Madness
Public transport, the world over, is extremely important. In fact, any country’s economic development, and indeed social stability, is to a large extent pegged to the efficiency and reliability of public transport systems. The interconnection between public transport and growth is well manifested in the developed and some developing countries. Due to their understanding of the importance of public transport, these countries have invested heavily in systems like proper policies and infrastructure...

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Adios Madiba

Adios Madiba
Africa is not known to produce great leaders. For the better part of the 19th and 20th century, the continent was largely notorious for producing despots, scoundrels and outright buffoons. In fact, while most of the forefathers who led bloody battles for independence were hailed as freedom fighters and heroes, majority would later transform to dictators and went to their graves as villains. The exemptions were few.

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Blooded but Unbowed

Blooded but Unbowed
September 21. This is a day that Kenyans would love to forget. But just like the Americans to whom September 11 has been permanently imprinted in their history books, Kenyans have yet again been sent down a familiar path of shedding tears every 9/21 anniversary just as they do every 7/7. Though Kenya is not new to terrorists’ attacks, the deadly ambush on Westgate Mall on that calm and sunny mid-morning Saturday had a chilling effect whose magnitude can only be equated to the 1998 bombing of the...

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The short term VAT Pain

The short term VAT Pain
John Njiraini, the Kenya Revenue Authority (KRA) Commissioner General, is a man talented in configuring logic. Since his appointment last year, the chief taxman has been steadfast in his push for the enactment of the Value Added Tax (VAT) Bill. Though to the majority his push for the bill was driven by the desire to increase dwindling revenue collection, Njiraini has repeatedly reasoned that zero rating, exemptions and granting remissions of basic

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Stop sideshow, tackle insecurity

Stop sideshow, tackle insecurity
It was supposedly the easiest business to establish and run. Not anymore. Starting a mobile money shop (mobile money transfer agents) calls for significant extra investments in facilities like closed-circuit television (cctv), metal grilled frames and even hiring of watchmen. In reality, this does not make business sense for an enterprise whose cashflows are low and margins even smaller. Yet the fact that mobile money agents are being forced to incur extra costs to secure their business premises

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The Definitive Year

The Definitive Year
On April 9, the President Kenyatta-led Jubilee administration marks exactly one year in office. This, thus, is a time for retrospect not only for the government but also for Kenyans in general.

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Unleashing Agribusiness Potential
Fastest expanding microfinance bank, Rafiki Microfinance Bank, has set aside Kshs500 million to finance entrepreneurs in the agribusiness industry.
Automating the Insurance sector
Kenyans will now be able to buy insurance online—thanks to a portal—www.Bima247.com. Henceforth, insurance buyers will have an access to…
Distell to Acquire KWAL shares
After a prolonged delay, the Privitisation Commission has concluded the negotiations with South African firm - Distell Limited paving the…

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