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Financial Journal - (14/07/2009 )
Kenya pays heavily for reliance on hydropower
Kenya is flirting with disaster, as manufacturers and other consumers pay the ultimate price for its over-reliance on hydropower sources. It is becoming increasingly obvious that Kenya’s only hope of reducing the cost of electricity is to promote private sector investment in renewable energy. ... Read More
 
As borrowers dwindle, banks sit on cash
Commercial Banks could be looking at reduced profits this year, as a weak economy discourages borrowers from seeking loans. "There is a decline in the number of borrowers coming in because of a poorly performing economy that has been hit by world recession, drought and delayed effects of post-election violence", Reuben Marambii, Managing Director, National Bank of Kenya. ... Read more
 
Branding firm’s ranking style brews market jitters
As the dust settles on this year’s listing of the top 10 Superbrands in East Africa, doubts linger on how the selection process was undertaken. This is after it emerged that a stolen vehicle recovery firm, Track It, had been given a superbrand status. ... Read more
 
How to apply modern rules of strategy in your planning
We just cannot tell. Nobody can foretell the future. These are some of the erroneous beliefs governing contemporary business management. Less appealing is the utter lack of a critical jerking from a conservative business school culture that continues to lay emphasis on the theory rather than practical aspect of management. ... Read more
 
Fund to sell 50pc of its NSE shares
The Capital Market Authority (CMA)’s investor compensation fund (ICF) will be seeking to sell 10 per cent of its shareholding in the Nairobi Stock Exchange (NSE) after demutualisation. The new plan is meant to raise additional capital for the financially troubled fund, which has left investors of collapsed market intermediaries wallowing in abject poverty. ... Read more
 
Time for ad firms to up their game
When the global financial crisis hit the world economies, sales and advertising were among the worst hit. Adverts in print and broadcast media went down, reducing revenue and thus threatening jobs of many. ... Read more
 
Dying Mau forest empties power dam
Kenya will pay a heavy price for the poor management of its forests, unless bold political decisions are made, and quickly, economists and manufacturers say. It is a story with its roots in greed and corruption in government, and the hunger for land among Kenya’s poor majority. ... Read more
 
Foundation transforming lives
It is no easy task to free Africa from the chains of poverty, illiteracy and disease and also provide hope to millions of the continent’s young people. With a population of 700 million people, Africa is considered the home of deep-rooted problems and statistics paint a picture of a continent wallowing in daily struggles. ... Read more
 
KTN Business Weekly’ sets pace for TV financial news
For the more than one decade KTN Business Weekly has been on air, it has proven to be a pacesetter in business coverage and has influenced policy on business matters. ... Read more
 
From ‘Jomonomics’ to ‘Moinomics’ then ‘Kibakinomics’: A tale of three economic regimes
Vision 2030 envisages that Kenya’s economic growth rate will average 10 per cent in the next several years if we are to attain the coveted status of a middle-income country by 2030. To most Kenyans, this is farfetched. Yet, we have done better than that, far better. In 1966, our economic growth rate was 15 per cent, it was 22 per cent in 1971 and 17 per cent in 1972, World Bank Data shows. ... Read more
 
Internet firm sinks Sh228 million in plan to bridge digital divide
Instaconnect Ltd, a local wireless Internet Service Provider (WISP), has embarked on an expansion programme to extend services to the underserved peri-urban centres. The fresh move is part of the company’s efforts to bridge the widening rural-urban digital divide, which has become a major source of concern to policymakers. ... Read more
 
The pleasure of giving back to society
Many a people avoid going out with family and friends for various reasons, from the particular to the general. They forget what William Wordsworth highlights in his romantic poem: "The World is too much with us". ... Read more
 

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