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).
The report notes that before joining the programme, 63 per cent of enterprises did not have access to any credit from a financial institution.
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.
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.
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.
Health workers, led by doctors, are protesting Collective Bargaining Agreement (CBAs) that have been ignored by both the counties and the National Government.
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.
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.
Monetary Policy Committee retained the Central Bank Rate at 13.0 per cent, sustaining the high cost of credit.
At least 1,213 people have lost their lives in the first three months of the year, a figure that alarmed NTSA.
Shift has also been informed by damning data showing that half of these enterprises close shop just a year.
Low internet access remains a big barrier to the continent’s growth, conference told.
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.
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.
Javas Bigambo says decision may lead to poorer workers, particularly lower cadre staff. Research shows improved services when employment terms are contractual.
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.
A drop in the prices of sugar, maize flour, and cooking oil contributed to the drop in the cost of living compared to March.
Safaricom has joined hands with the government to improve these statistics by assembling affordable smart devices.
Less than 10 per cent of HNWIs plan to put their money into commercial properties this year.
Doctors have been on strike for weeks over unfulfilled collective bargaining agreement.
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