Every Kenyan ‘Owes’ KSh 201,439.71
Kenyans are persistently enraged over recent taxation policies and rightly so no human being enjoys paying taxes. The country is currently in debt KSh 10.5 trillion, meaning that every [...]
Counterfeit Electrical Equipment Incur US$600bn Losses for African Manufacturers
Weak intellectual property laws in the continent have precipitated a flourishing US$250 billion industry of counterfeit electrical products, according to a report by CBi-electric. The growing market for these illicit [...]
Blame Game as Sudan War Escalates into Global Proxy Conflict
The paramilitary Rapid Support Forces of Sudan (RSF) is putting its enemy, the Sudanese Armed Forces, at the center of suffering of millions of Sudanese claiming they are not committed [...]Kenya's Poverty Rate Edges to 40% KNBS
About 33.2% of urban dwellers in Kenya consumed less than KSh 8,000 per month, while 42.9% of Kenyans living in rural areas spent less than KSh 4,300 per month, comprised [...]Economists Lobby for Shifts in Global Financial Systems to Address Africa's Needs
Economic governance experts at the Second Session on the Committee on Economic Governance in Addis Ababa have lobbied for changes to the global financial system to better address Africa's specific [...]
Female-Led Firms Default Less on Loans in Sub-Saharan Africa- EIB Report
Banks in sub-Saharan Africa are increasing their focus on gender balance in lending with majority of the institutions reporting better loan performance among female-led firms. “Banks continue to report better [...]State Backtracks on Austerity as President Ruto Seeks More Economic Advisors
State House will hire more consultants just months after President William Ruto pledged austerity measures to reduce government spending. The Executive Office of the President State House invites eligible [...]Kenya's Taxing Times: Balancing Economic Recovery and Taxes
Kenya is standing at a critical economic crossroads as the government unveils a fresh series of tax reforms and policy measures to ease economic pressures, boost growth, and restore public [...]Kenya’s Private Sector Growth Recovers in October Stanbic PMI Report
Business conditions in Kenya improved in October amid an increase in demand and output levels with employment bouncing back to the expansion territory, the latest Stanbic Purchasing Manager Index (PMI) [...]Kenya’s Stock Market Outperforms African Peers in Dollar Returns
The Nairobi Securities Exchange (NSE) registered the highest returns among African bourses in dollar terms buoyed by a stronger shilling and higher blue chip stock prices. In Kenya, the MSCI [...]OP-ED: Why Kenya's Work Injury Laws Are Crucial for Worker Safety
According to the International Labour Organization (ILO), over 2.7 million workers die each year as a result of work-related accidents and diseases. This translates to a daily count of nearly [...]
How Banks Can Tap Design Thinking to Improve Customer Experience
Centering customers' personalities and preferences is a complex maze for banks and financial institutions, motivating them to rely on experts in concepts such as design thinking. We look at the [...]
