By Jevans Nyabiage - The Standard

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NEWS & CURRENT AFFAIRS

Digital News

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By Jevans Nyabiage

Every Kenyan in Sh63,500 debt as borrowing hurts economy

What Kenyans are known for istheir insatiable appetite for credit. Their love for spending is not debatable. This explains why the Central Bank of Kenya data shows that in the nine months to September 2013, Kenyans borrowed a massive Sh389.3 billion for personal or household use.

By By JEVANS NYABIAGE 10 years ago

Every Kenyan in Sh63,500 debt as borrowing hurts economy

Nairobi emerges as Africa’s most expensive city

Nairobi emerges as Africa’s most expensive city

By By Jevans Nyabiage 10 years ago

Nokia shifts to Android for its smartphones

Nokia shifts to Android for its smartphones

By By JEVANS NYABIAGE 10 years ago

Telkom SA sells loss-making iWayAfrica

Telkom SA sells loss-making iWayAfrica

By By JEVANS NYABIAGE 10 years ago

The techie behind the rise of the online African consumer

In 2007, the United States of America was slipping into a biting economic downturn.

By By JEVANS NYABIAGE 10 years ago

The techie behind the rise of the online African consumer

Why cheaper Internet remains a mirage despite fibre optic rollout

Access to cheap quality Internet remains a pipe-dream for many low-income earners in Kenya. This is even with the going live of the four undersea cables.

By By JEVANS NYABIAGE 11 years ago

Why cheaper Internet remains a mirage despite fibre optic rollout

How small banks felled giants to become market leaders

In the nine months to September 2013, indigenous banks overtook their multinational rivals in profit growth.

By By JEVANS NYABIAGE 11 years ago

How small banks felled giants to become market leaders

CEO at the helm of Kenya’s ‘best employer’ to get paid one shilling a month

From his second-floor corner office overlooking the posh suburbs of Lavington, Kamal Budhabhatti sits at the very top of the Kenyan tech scene.

By By JEVANS NYABIAGE 11 years ago

CEO at the helm of Kenya’s ‘best employer’ to get paid one shilling a month

Third Vipingo suitor ups stakes to Sh55 per share

A third bidder has made a counter offer of Sh55 per share to buy out Rea Vipingo — brushing aside earlier offers by Robinow brothers and Centum

By By JEVANS NYABIAGE 11 years ago

Third Vipingo suitor ups stakes to Sh55 per share

Investors turned vultures: Disquiet as venture capitalists prey on Kenya’s start-ups

Kenya is in the middle of a technology revolution. It is bustling with innovations driven by the strong entrepreneurial spirit of people hoping to replicate the successes of the revolutionary M-Pesa service or Ushahidi technology company.

By By JEVANS NYABIAGE 11 years ago

Investors turned vultures: Disquiet as venture capitalists prey on Kenya’s start-ups

Agriculture’s declining fortunes

Agriculture is slowly losing the shine as East Africa’s biggest contributor to economic growth to services and industry, a new report reveals.

By By JEVANS NYABIAGE 11 years ago

Agriculture’s declining fortunes

From being a school dropout to Forbes magazine listing

The name Joel Mwale may not be familiar to many people in Kenya, but he has gained quite a fan base internationally.

By BY JEVANS NYABIAGE 11 years ago

From being a school dropout to Forbes magazine listing

South Africa looks to the continent to fuel growth

For years, South Africa has seemed to distance itself from Africa. But if the latest trade figures are anything to go by, then South Africa is slowly changing tack.

By BY JEVANS NYABIAGE 11 years ago

South Africa looks to the continent to fuel growth

Privatisation blunders: Is Kenya government getting the short end of the stick?

When the government sold Telkom Kenya to the French in December 2007, the main objective was to stop the perpetual pumping of taxpayers’ money into what had evolved into an inefficient monolith.

By By JEVANS NYABIAGE and EMMANUEL WERE 11 years ago

Privatisation blunders: Is Kenya government getting the short end of the stick?

Africa sits on world’s largest cache of resources

Unexplored wealth: Report shows continent’s potential to industrialise with earnings from its commodities lies largely dormant.

By By JEVANS NYABIAGE 11 years ago

Africa sits on world’s largest cache of resources

Uganda’s refinery plans dwarf Kenyan ambitions

Strategy: With Mombasa facility performing below par, Kampala is set to host new regional plant.

By By JEVANS NYABIAGE and MACHARIA KAMAU 11 years ago

Uganda’s refinery plans dwarf Kenyan ambitions

Sh8.5b dam boosts Konza dream

Progress: African Development Bank-funded project will supply the proposed technology city with water.

By By JEVANS NYABIAGE 11 years ago

Sh8.5b dam boosts Konza dream

Africa sits on its solution to energy crises

The continent gets the highest levels of energy from the sun globally, with wind, geothermal and tide energy hugely unexploited.

By By JEVANS NYABIAGE 11 years ago

Africa sits on its solution to energy crises

Taxpayers bear burden of failing parastatals

The Government spent Sh1.93 billion in the last financial year to service loans defaulted on by three parastatals, as servicing debts incurred by profligate agencies becomes a big burden to taxpayers.

By By JEVANS NYABIAGE 11 years ago

Taxpayers bear burden of failing parastatals

Drawback as ministries fail to spend Sh340 billion

Various ministries and departments failed to spend a massive Sh339.6 billion allocated to them in the financial year ended June 30, 2013, a new report shows.

By By JEVANS NYABIAGE and LUKE ANAMI 11 years ago

Drawback as ministries fail to spend Sh340 billion

The hidden risks in China goodies

There are still huge costs of the loan that has been secured, though not made public with analysts sayings Kenya’s shift to the East is more of politics than business

By By JEVANS NYABIAGE 11 years ago

The hidden risks in China goodies

Is the China trip a win-win situation or strategic move

President Uhuru Kenyatta’s latest expedition to the East, analysts argue is a strategic political game. And with ‘fears’ of a snub by the west, Uhuru has made his diplomatic priority. His first post-inauguration trip abroad led him to Moscow and Beijing.

By By JEVANS NYABIAGE 11 years ago

Is the China trip a win-win situation or strategic move

Kenyans seal multi-billion shilling deals in China

Kenyan business people have inked several deals in China worth billions of shillings.

By By JEVANS NYABIAGE 11 years ago

Kenyans seal multi-billion shilling deals in China

Standard Group more than doubles half-year pre-tax profit

The Standard Group more than doubled pre-tax profit in the first half of the year, helped by growth in advertising revenue.

By By JEVANS NYABIAGE 11 years ago

Standard Group more than doubles half-year pre-tax profit

Kenyans mint billions from foreign investor interest

Taking stock: Multinationals eager to tap into the local market are wooing entrepreneurs with deals that are too good to pass upMultinationals’ growing appetite for local companies is creating a new crop of billionaires.

By By JEVANS NYABIAGE 11 years ago

Kenyans mint billions from foreign investor interest

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