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NEWS & CURRENT AFFAIRS

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Graham Kajilwa

Why there is a boon in real estate amid tough economic conditions

Affordable housing, however, while being an area of interest for almost a decade due to the Government's push, appears not to be as vibrant as other asset classes.

By Graham Kajilwa 3 months ago

Why there is a boon in real estate amid tough economic conditions

Why academia might have failed businesses

Why academia might have failed businesses

By Graham Kajilwa 3 months ago

850,000 new jobs created last year signal economy is on the mend

850,000 new jobs created last year signal economy is on the mend

By Graham Kajilwa 3 months ago

Kebs targets grain millers as aflatoxin compliance levels decline

Kebs targets grain millers as aflatoxin compliance levels decline

By Graham Kajilwa 3 months ago

State priorities in sharp focus as Executive splurges on luxuries

Proposal to allocate Sh3 billion to renovate State House and Deputy President residences has irked Kenyans.

By Graham Kajilwa 3 months ago

State priorities in sharp focus as Executive splurges on luxuries

Finance Bill proposals streamline how one can sell affordable housing units

The Finance Bill 2024 has proposed the deletion of Section 54 of the Affordable Housing Act streamlining disposal of units acquired through the programme.

By Graham Kajilwa 4 months ago

Finance Bill proposals streamline how one can sell affordable housing units

How vocational training is bridging market skills gap

His intention, he says, is to sell his skills to a market that he notes is in dire need of quality skilled professions.

By Graham Kajilwa 4 months ago

How vocational training is bridging market skills gap

Traders now raise fears of higher food prices as floods wreak havoc

The destruction of roads has caused an artificial shortage of some items transported to the city, increasing their prices.

By Graham Kajilwa 4 months ago

Traders now raise fears of higher food prices as floods wreak havoc

Shilling predicted to strengthen further

Compared to March the shilling appreciated in April by 4.4 percent to trade at Sh131.57 against the US dollar.

By Graham Kajilwa 4 months ago

Shilling predicted to strengthen further

Why you might pay more rent soon

Landlords may be forced to hike rent as the taxman descends on their businesses demanding the Affordable Housing Levy (AHL) from their gross rental income.

By Graham Kajilwa 4 months ago

Why you might pay more rent soon

Why manufacturers want five-year tax break on SME loans

A five-year tax moratorium for small and medium enterprises (SMEs) is one of the new proposals that manufacturers are fronting to the government.

By Graham Kajilwa 4 months ago

Why manufacturers want five-year tax break on SME loans

Private equity fund Ascent gets minority share in Dune Packaging

Dune Packaging Ltd has announced a minority equity investment in its business by Ascent Rift Valley Fund II ("Ascent"), a small-medium enterprise (SME) private equity fund in the region.

By Graham Kajilwa 4 months ago

Private equity fund Ascent gets minority share in Dune Packaging

Kenya faulted for relying on 'poor country' exports

KAM notes that countries that specialise in sophisticated products generally experience faster economic growth.

By Graham Kajilwa 4 months ago

Kenya faulted for relying on 'poor country' exports

Funds misuse, low skills hamper Nairobi's bid to tap green finance

Nairobi City County does not have a legal and regulatory framework for green or climate finance, has no familiarity with green bond frameworks and requirements.

By Graham Kajilwa 4 months ago

Funds misuse, low skills hamper Nairobi's bid to tap green finance

US envoy: How Kenya can be the Singapore of Africa via industries

US Ambassador to Kenya Meg Whitman says manufacturing has huge potential to transform the country.

By Graham Kajilwa 4 months ago

US envoy: How Kenya can be the Singapore of Africa via industries

Ruto: New partnership will help narrow Kenya-US trade deficit

Trade between the two countries has been increasing, especially under Agoa's preferential access.

By Graham Kajilwa 4 months ago

Ruto: New partnership will help narrow Kenya-US trade deficit

Why tech experts are against regulation of fast-growing AI

There are concerns that too many rules could hinder innovation in the technology. Nairobi forum urged for collaboration to create regulatory sandboxes to facilitate experiments and testing.

By Graham Kajilwa 4 months ago

Why tech experts are against regulation of fast-growing AI

State, workers' pay tensions cloud function

Doctors have been on strike for weeks over unfulfilled collective bargaining agreement.

By Graham Kajilwa 4 months ago

State, workers' pay tensions cloud function

Why the super-rich are ditching commercial property investments

Less than 10 per cent of HNWIs plan to put their money into commercial properties this year.

By Graham Kajilwa 4 months ago

Why the super-rich are ditching commercial property investments

Inflation falls to 5pc in April as prices drop

A drop in the prices of sugar, maize flour, and cooking oil contributed to the drop in the cost of living compared to March.

By Graham Kajilwa 4 months ago

Inflation falls to 5pc in April as prices drop

Slow growth of rural towns blamed for low internet connectivity

Safaricom has joined hands with the government to improve these statistics by assembling affordable smart devices.

By Graham Kajilwa 4 months ago

Slow growth of rural towns blamed for low internet connectivity

Super-rich investors bet on Kenya amid economic gloom

New Knight Frank's Wealth Report shows they are repatriating some of their wealth back home. The International Monetary Fund projects Kenya's economy to grow by 5.2 per cent this year.

By Graham Kajilwa 4 months ago

Super-rich investors bet on Kenya amid economic gloom

Hiring civil servants on contract will fuel corruption, experts say

Javas Bigambo says decision may lead to poorer workers, particularly lower cadre staff. Research shows improved services when employment terms are contractual.

By Graham Kajilwa 4 months ago

Hiring civil servants on contract will fuel corruption, experts say

Public officers to join doctors in weekly protests

Demos are informed by the arm-twisting of doctors by the government. Unions also irked by Public Service CS Moses Kuria's proposal to scrap permanent positions.

By Graham Kajilwa 4 months ago

Public officers to join doctors in weekly protests

Meg Whitman: This is what tech innovations should look like

Whitman said at times, innovation may look flashy, just like back in 1998, with solutions such as satellites, AI, and e-money; but it may also look much different than expected.

By Graham Kajilwa 4 months ago

Meg Whitman: This is what tech innovations should look like

Africa seeks to boost investment on wider broadband connectivity

Low internet access remains a big barrier to the continent's growth, conference told.

By Graham Kajilwa 4 months ago

Africa seeks to boost investment on wider broadband connectivity

Kebs now shifts focus to MSMEs to reverse 'State victim fear' tag

Shift has also been informed by damning data showing that half of these enterprises close shop just a year.

By Graham Kajilwa 4 months ago

Kebs now shifts focus to MSMEs to reverse 'State victim fear' tag

Sustaining single-digit mortgage amid tough economic conditions

Monetary Policy Committee retained the Central Bank Rate at 13.0 per cent, sustaining the high cost of credit.

By Graham Kajilwa 5 months ago

Sustaining single-digit mortgage amid tough economic conditions

Mental sickness to blame for increased road carnage, says NTSA

At least 1,213 people have lost their lives in the first three months of the year, a figure that alarmed NTSA.

By Graham Kajilwa 5 months ago

Mental sickness to blame for increased road carnage, says NTSA

Kippra: Diversify external funding to tame Kenya's spiraling debt

Kippra recommends Kenya reduce its reliance on a few bilateral lenders and commercial creditors by diversifying funding sources as one of the ways to manage debt.

By Graham Kajilwa 5 months ago

Kippra: Diversify external funding to tame Kenya's spiraling debt

Developer's legal battle with bank that could see 100 owners lose homes

Erdemann Property Limited, the developer, is contending with a potential auction of around 100 units at Great Wall, Athi River, over a loan balance of Sh1.9 billion.

By Graham Kajilwa 5 months ago

Developer's legal battle with bank that could see 100 owners lose homes

ILO report blames weak enforcement of pay deals for workers' strikes

Health workers, led by doctors, are protesting Collective Bargaining Agreement (CBAs) that have been ignored by both the counties and the National Government.

By Graham Kajilwa 5 months ago

ILO report blames weak enforcement of pay deals for workers' strikes

Why insurance penetration is low among EAC States

Insurance fraud is also a factor. "High levels of insurance fraud, especially in motor and medical insurance classes pose a significant challenge for market growth," reads the plan.

By Graham Kajilwa 5 months ago

Why insurance penetration is low among EAC States

Why it is costly to be a Kenyan citizen today

Basic documents such as IDs which used to be free will now cost Sh300. Replacing a lost ID used to cost Sh100 but will now cost Sh1,000.

By Graham Kajilwa 5 months ago

Why it is costly to be a Kenyan citizen today

Unanswered questions in the new affordable housing law

The lack of a definition of who a person is is among the key gaps legal practitioners have detailed in the new law that still does not sit well with Kenyans owing to numerous court battles.

By Graham Kajilwa 5 months ago

Unanswered questions in the new affordable housing law

How high interest rates impede credit access by small businesses

The report notes that before joining the programme, 63 per cent of enterprises did not have access to any credit from a financial institution.

By Graham Kajilwa 5 months ago

How high interest rates impede credit access by small businesses

Lobby: Kenya could miss out on continental trade deal

The trade imbalance between exports and imports to the rest of the continent is one of the reasons that could deny Kenya the benefits of the African Continental Free Trade Area (AfCFTA).

By Graham Kajilwa 5 months ago

Lobby: Kenya could miss out on continental trade deal

Affordable housing: Will State's data-backed action now pay off?

The Government is banking on an elaborate breakdown of Kenyans' incomes to ensure those in need of housing units will be able to afford no matter their take home.

By Graham Kajilwa 5 months ago

Affordable housing: Will State's data-backed action now pay off?

The making of a social entrepreneur: When impact supersedes profit

Megan Mukuria is a rebel. But a rebel with a cause. And her cause, to provide opportunities to girls and women, has seen her build a budding business - Zana Africa.

By Graham Kajilwa 5 months ago

The making of a social entrepreneur: When impact supersedes profit

Bottlenecks stagnating the EAC integration amid fresh lobbying

Meeting in Nairobi noted some of tools put in place to reduce trade barriers and increase regional exchange of goods and services are not working.

By Graham Kajilwa 5 months ago

Bottlenecks stagnating the EAC integration amid fresh lobbying

When do you stop working? Age-old debate just won't retire

New Bill in the National Assembly wants the retirement age increased from the current 60 to 65 years amid reports of improved life expectancy at 66.5 for women and 60.6 for men.

By Graham Kajilwa 5 months ago

When do you stop working? Age-old debate just won't retire

The downside of the Sh1 billion per day boda boda industry in Kenya

It costs a boda boda rider between Sh1,680 and Sh2.8 million to treat motorcycle-related injuries. These injuries range from polytrauma, limb, abdomen, head, and thoracic injury.

By Graham Kajilwa 5 months ago

The downside of the Sh1 billion per day boda boda industry in Kenya

Kenya tops regional peers and China in growth prospects among executives

Kenya tops China and East African Community (EAC) economies in the prospect list as documented in the survey published by consulting firm PwC.

By Graham Kajilwa 6 months ago

Kenya tops regional peers and China in growth prospects among executives

Nostalgia, despair as city estates with rich history set to come down

Demolition of old estates where some families have called home for up to three generations will give rise to units that are expensive.

By Graham Kajilwa 6 months ago

Nostalgia, despair as city estates with rich history set to come down

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