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Economy UN agency tips Kenya to grow at 5.5 percent Monday, January 27, 2020 0:01 By CONSTANT MUNDA A hawker on a Nairobi street in May 2019. PHOTO | KANYIRI WAHITO   The United Nations trade agency sees Kenya’s economy expanding at the slowest pace in three years, in part due to structural challenges such as infrastructure gaps and struggles in diversifying and...
Economy NLC acquired Integrity Centre without valuation Monday, January 27, 2020 0:01 By EDWIN MUTAI Integrity Centre in Nairobi. FILE PHOTO | NMG  Taxpayers may have lost millions of shillings on National Land Commission’s (NLC) failure to involve the State valuer in the compulsory acquisition of the Sh1.52 billion Integrity Centre Building.The latest audit shows that the department of Land Valuation in the...
A woman is served at a currency exchange firm in Khartoum. PHOTO | FILE | NATION MEDIA GROUP  By MAWAHIB ABDALLATIFMore by this Author Officials in Sudan say a thriving black market is pushing the exchange rates beyond control, indicating how years of US sanctions has made it difficult to implement official rates.The exchange rates on the parallel market was...
An MTN sim card. The new policy framework structure is aimed at improving the quality of telecommunication services and boost investment in the sector. FILE PHOTO | NMG  By RAYMOND TAMALEMore by this Author Uganda telecom operators have up to January 30 to formally notify the regulator of the type of licence categories they want to apply for under a...
Regional heads of State during the 17th Ordinary EAC Summit in Arusha Tanzania. FILE PHOTO | SAMUEL MIRING'U | NMG  By NJIRAINI MUCHIRAMore by this Author Trade wars among East African Community members have put in doubt the 21st Ordinary EAC Heads of State Summit slated for February.A cloud of uncertainty now hangs on the summit that was supposed to...
Kenyan President Uhuru Kenyatta attended a UK-Africa Investment Summit reception at Buckingham Palace. PHOTO | PSCU  By ALEX TCHAIMore by this Author Kenya stands to gain considerably from the UK-Africa Summit both financially and in development projects. On matters trade, it may go some way to close the negative trade balance between Kenya and the UK. In 2018, Kenya exported...
Cows on a truck transported for slaughter. President Yoweri Museveni got an assurance on Uganda’s beef exports to Britain at UK-Africa Investment Summit. FILE PHOTO | NMG  By JULIUS BARIGABAMore by this Author President Yoweri Museveni got an assurance on Uganda’s beef exports to Britain and a commitment of £15 million ($19.6 million) funding at the UK-Africa Investment Summit.The funding pledge...
Rwanda’s President Paul Kagame and Britain’s Prime Minister Boris Johnson during their bilateral meeting at the UK-Africa Investment Summit in London on January 20, 2020. PHOTO | AFP  By BERNA NAMATAMore by this Author Rwanda is eyeing an economic boost from its inaugural $40 million (Rwf37 billion) bond, which was issued in London at the UK-Africa Investment Summit 2020.The Rwandan...
Personal Finance Kenyans Don’t Consult Wealth Managers Saturday, January 25, 2020 9:05 By PATRICK ALUSHULA Appropriate financial advice at every stage of life adds immense value even after the cost of advice is taken into account. FILE PHOTO | NMG  Kenyans are increasingly burning their fingers by making poorly thought out investment decisions as a result of shoddy information gathering and the love...
Art Sigona Safari Tour to open doors for Magical Kenya 2020 Friday, January 24, 2020 0:01 By CHARLES GACHERU Dismas Indiza follows his putt at the 18th hole green at Royal Nairobi Golf Club during the KCB Road to Karen Masters Final leg on June 14, last year. FILE PHOTO | NMG  This weekend the Safari Tour resumes at the Sigona Golf Club...

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