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NEWS & CURRENT AFFAIRS

Digital News

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Mark Kapchanga

ABC Bank gets rating upgrade

The Global Credit Rating Company has upgraded the national scale short term rating assigned to African Banking Corporation (ABC Bank) to A2 (KE) from previous rating A3 (KE), and affirmed the national scale long term rating of BBB (KE) with the outlook accorded as ‘Stable’.

By Mark Kapchanga 9 years ago

ABC Bank gets rating upgrade

South Korea offers specialised training for Lapsset staff

South Korea offers specialised training for Lapsset staff

By Mark Kapchanga 10 years ago

Rotich aims to tackle poverty, jobs crisis

Rotich aims to tackle poverty, jobs crisis

By MARK KAPCHANGA 10 years ago

Rotich lays out ambitious budget

Rotich lays out ambitious budget

By Mark Kapchanga 10 years ago

No respite for Kenya’s huge public debt

Growing public debt has perpetually been a headache to Kenya, especially without significant growth in the economy.

By Mark Kapchanga 10 years ago

No respite for Kenya’s huge public debt

Kenya’s Eurobond good, but analyst warns against misuse

Kenya has kicked off attempt to raise between $1.5 and $2 billion debut Eurobond with an ambitious campaign in the United States that started late last week.

By Mark Kapchanga 10 years ago

Kenya’s Eurobond good, but analyst warns against misuse

IMF sees infrastructure as key to unlocking investments in Africa

Poverty in Africa could be reduced if the continent invested in infrastructure and ruthlessly fought corruption, the International Monetary Fund (IMF) has said.

By MARK KAPCHANGA 10 years ago

IMF sees infrastructure as key to unlocking investments in Africa

Experts call for Kenya-Tanzania co-operation to curb poaching

Wildlife experts are calling on the East African Community (EAC) partner states to move with speed in coming up with a masterplan for managing cross-border natural resources in the region.

By Mark Kapchanga 10 years ago

Experts call for Kenya-Tanzania co-operation to curb poaching

Worried investors want State to up war on terrorists

Investors are calling on the Government to amplify the ongoing operation to weed out suspected terrorists across the country. They say the shaky security situation is staining Kenya’s business profile, and could have long-term ramifications.

By Mark Kapchanga 10 years ago

Worried investors want State to up war on terrorists

Schools face fresh hurdle in new term

Schools reopen this week for the beginning of the second term amid serious concerns that learning may be interrupted.

By MARK KAPCHANGA and KENNETH KWAMA 10 years ago

Schools face fresh hurdle in new term

Kenya in middle-income league, but are we really better off?

Imagine this: Adam Tumbo migrates from his rural home to Nairobi having secured a job in a construction project in the city. Mr Tumbo secures the job as a mason, not that he is a skilled mason but he had connections from a relative and he can “learn on the job.”

By MARK KAPCHANGA 10 years ago

Kenya in middle-income league, but are we really better off?

New GDP formula shifts Kenya to middle-income status in May

The proposal to launch a new formula for calculating the market value of goods and services, known as gross domestic product, in Kenya may create an illusion that could see the country’s debt levels go up.

By By MARK KAPCHANGA 10 years ago

New GDP formula shifts Kenya to middle-income status in May

Charity group raises millions for the less fortunate in society

Supporting the needy has for a long time been perceived to be the function of the State. But with Government functions increasing by day, and the shrinking of resources, the less fortunate have been left at the mercy of individuals with the goodwill to support them.

By By Mark Kapchanga 10 years ago

Charity group raises millions for the less fortunate in society

How defective, overage vehicles are allowed into local market

Overage and defective vehicles are being allowed into the country illegally, putting the lives of Kenyans at risk.

By Mark Kapchanga and Kibiwott Koross 10 years ago

How defective, overage vehicles are allowed into local market

Kebs ignored PPOA order, awarded tender to Japanese inspection firm

Japan Export Vehicle Inspection Centre Company Limited (Jevic), the firm behind the controversial importation of defective and overage motor vehicles, got the export pre-shipment inspection tender from the Kenya Bureau of Standards under contentious circumstances in 2011.

By Mark Kapchanga 10 years ago

Kebs ignored PPOA order, awarded tender to Japanese inspection firm

Experts query wisdom in fertiliser subsidy

The recent release of subsidised fertilisers may have little impact on the country’s weakening food position, experts have warned.

By Mark Kapchanga and Daniel Psirmoi 10 years ago

Experts query wisdom in fertiliser subsidy

How Govt spent millions on luxury retreat

The high-profile four-day Government retreat at the exclusive Mt Kenya Safari Club could have cost Kenya more than Sh100 million, The Standard can authoritatively reveal.

By Mark Kapchanga 10 years ago

How Govt spent millions on luxury retreat

What Uhuru must do to save the taxpayer

President Uhuru Kenyatta’s, and his deputy William Ruto’s, options for managing the rising burden of public wages are running out fast.

By MARK KAPCHANGA 10 years ago

What Uhuru must do to save the taxpayer

Farmers face shortage of maize seeds ahead of planting season

The better part of Kenya is expected to start receiving seasonal rainfall next week, amid allegations that the country could be facing a maize seed shortage.

By Mark Kapchanga 10 years ago

Farmers face shortage of maize seeds ahead of planting season

Turf wars mar selection of Consolidated Bank CEO

Consolidated Bank of Kenya board is engaged in a power struggle that could affect the operation of the State-run outfit.

By Mark Kapchanga 10 years ago

Turf wars mar selection of Consolidated Bank CEO

Authority weeds out quacks with mandatory registration of contractors

Kenya’s construction sector is now gearing up for a major overhaul. This is as the industry regulator, the National Construction Authority (NCA) registers contractors afresh to weed out unscrupulous individuals.

By By MARK KAPCHANGA 10 years ago

Authority weeds out quacks with mandatory registration of contractors

Uasin Gishu County records rise in revenue after NYS steps in

Uasin Gishu County government’s revenues have significantly increased following a robust plan to seal parking fee leakages.

By Mark Kapchanga 10 years ago

Uasin Gishu County records rise in revenue after NYS steps in

Uasin Gishu revenues double following NYS deployment

Uasin Gishu County Government revenues have significantly increased following a robust plan to seal parking fees leakages.

By By MARK KAPCHANGA 10 years ago

Uasin Gishu revenues double following NYS deployment

Pupils to wait a little longer for laptops as State seeks ‘best deal’

The roll-out of the Sh24 billion laptop project for primary schools may take a little longer as the Government seeks to come out with the “best deal” for Kenyans.

By MARK KAPCHANGA 10 years ago

Pupils to wait a little longer for laptops as State seeks ‘best deal’

Hard part ahead of EAC protocol

Trade within the East African Community (EAC) could rise significantly, if the envisioned dream of a monetary union is achieved.

By MARK KAPCHANGA 10 years ago

Hard part ahead of EAC protocol

Kenya urged to be cautious with irrigation projects

Kenya may have to relook at its irrigation plans that aim to create food stability following revelations that the huge water demand will impact negatively on the environment.

By MARK KAPCHANGA 10 years ago

Kenya urged to be cautious with irrigation projects

Turkana and Wajir counties have highest levels of illiteracy

High levels of illiteracy could blight county economies, a new report by the Kenya National Bureau of Statistics (KNBS) and Society for International Development says.

By MARK KAPCHANGA 10 years ago

Turkana and Wajir counties have highest levels of illiteracy

Rescue centres to lower road accident deaths

The number of Kenyans dying through road carnage may significantly drop following the launch of highway rescue centres in practically all black spots in the country.

By Mark Kapchanga 10 years ago

Rescue centres to lower road accident deaths

Counties that are daring to dream big for a prosperous future

It has been a busy season for governors — at least some of them. This conspicuous brand of governors have treated their constituents to some lofty dreams and flirted with mind-blowing figures in panned expenditure.

By By MARK KAPCHANGA 11 years ago

Counties that are daring to dream big for a prosperous future

Hunger looms as maize harvest falls short

Crop troubles: Farmers blame low yield on low-quality seeds, and the inability of cereals board to provide subsidised fertiliser on time

By BY MARK KAPCHANGA 11 years ago

Hunger looms as maize harvest falls short

Are elevators the silent death trap?

The elevator at the NSSF Building in Nairobi abruptly dropped from the seventh floor and slammed on the basement, killing one passenger.

By By MARK KAPCHANGA 11 years ago

Are elevators the silent death trap?

Kenya flower farmers bet on new toolkit to up earnings

Returns from Kenya’s flower sector are set to rise hugely following the launch of a toolkit that measures carbon emissions.

By By MARK KAPCHANGA 11 years ago

Kenya flower farmers bet on new toolkit to up earnings

Treasury’s new taxes to fund Sh1.6 trillion expenditure

The Government appears intent on carrying out its crusade to raise taxes, even for the poorest households.

By Mark Kapchanga 11 years ago

Treasury’s new taxes to fund Sh1.6 trillion expenditure

New kit to measure flower carbon levels

Export revenue from Kenya’s flower sector is set to rise sharply following the launch of a toolkit that measures carbon emissions.

By - MARK KAPCHANGA 11 years ago

New kit to measure flower carbon levels

Survey: Kenyans not using State data portal

Findings show only 14 per cent of those interviewed use platfom that makes State data accessible to public

By Mark Kapchanga 11 years ago

Survey: Kenyans not using State data portal

How banks’ staff collude with fraudsters to steal billions from Kenyans

Kenyans lose Sh15.5 million averagely every day in a multifaceted fraud that threatens the growth of the banking sector.

By MARK KAPCHANGA 11 years ago

How banks’ staff collude with fraudsters to steal billions from Kenyans

Huge debt might deter country’s growth, experts warn

Kenya is under intense pressure to bring down its fast rising debt levels.

By - MARK KAPCHANGA 11 years ago

Huge debt might deter country’s growth, experts warn

Barclays closure of remittance accounts to cut lifeline for refugees

Having a simple meal in Somalia is a luxury. Poverty has inevitably increased since the early 1990s with 53 per cent of the population living on less than $1 (Sh85) a day.

By By MARK KAPCHANGA 11 years ago

Barclays closure of remittance accounts to cut lifeline for refugees

Kenyans want more funds in the counties

More than 66 per cent of Kenyans want the current budgetary allocation increased for county development, a new study has said.

By - MARK KAPCHANGA 11 years ago

Kenyans want more funds in the counties

Kenyans want counties budgetary allocation increased, says study

More than 66 per cent of Kenyans want the current budgetary allocation increased for county development, a new study has said.

By Mark Kapchanga 11 years ago

Kenyans want counties budgetary allocation increased, says study

Sh977m fund targets luring more youths into farm employment

The youth in Kenya have for a long time negated agriculture as a source of employment.

By By MARK KAPCHANGA 11 years ago

Sh977m fund targets luring more youths into farm employment

Youth to bag Sh2 Million in business plan competition

About 245 young men and women from rural areas will receive over Sh2 million in awards as part of the TechnoServe Strengthening Rural Youth Development through Enterprise (STRYDE) Business Plan Competition (BPC).

By Mark Kapchanga 11 years ago

Youth to bag Sh2 Million in business plan competition

Steel in sight as Kenya strikes three minerals

Kenya could join the league of Algeria, Egypt, Libya and Zimbabwe in steel production following the discovery of key ingredients that make up the mineral.

By Mark Kapchanga 11 years ago

Steel in sight as Kenya strikes three minerals

Scandal of fake death papers exposed

More stringent anti-fraud regulations needed for claims, surrender from insurance firms

By Mark Kapchanga 11 years ago

Scandal of fake death papers exposed

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