Posts in category

Economy


Risky behavior in youths and the motivation to earn a living

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Coastal Kenya

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Joblessness soars. Jobs go begging Worth Noting: I spoke to my weekly street garbage collection truck driver outside my office. Asking me to call him Dave, he said with a smile, “If I get an offer as tempting as that, I will surely leave this job and go for the long-haul job.” Home care providers …

By: Angela Maina  @MountKenyaTimes The Senate Energy committee will push downward review of the pump prices, Chairperson Ephraim Maina has said. Speaking in Mathira yesterday, the Nyeri Senator said the government must implement price control to cushion Kenyans from exorbitant prices of essential commodities amid public outcry over the latest review. “As a committee, we …

Worth Noting: The youth make up the nearly over 75% of the world’s largest population and life spanned to live longer than the people taking decisions now. The young people are important because they are the present and shape the future. Today they might be our partners, tomorrow they will go on to become leaders. …

By: David Kinyanjui  @MountKenyaTimes Petrol and diesel prices hit a historic high from midnight Tuesday in what has caused public outrage over the high cost of living. The price of petrol jumped 6% to 134.72 shillings per liter in Nairobi, while diesel and kerosene sells at Sh115.60, Sh110.82 respectively. The new rates will be effective …

SGR Cargo train on the move

By: Isaac Thuku  @MountKenyaTimes A railway line linking the standard gauge railway and the meter gauge railway in Naivasha will be complete in a month time. Once linked, it will see the transportation of cargo from Mombasa to Naivasha done through the Standard Gauge Railway (SGR), and later through the meter-gauge rail from Naivasha to …

By: N. George Worth Noting: “The Northern Corridor continues to be an important artery for goods and people moving between the eastern and western parts of Kenya. Several of our landlocked neighbours also rely on the Northern Corridor to transport their sea-bound cargo.” Transport and Infrastructure Cabinet Secretary James Macharia noted. “Indeed, Uganda, Rwanda, and …

By: N. George Worth Noting: Trade between Murang’a and Nyandarua counties will receive a major boost along and around the Kinyona–Gatare–Njabini road. The existence of Naivasha–Njabini road will improve the link between Nakuru and Nyandarua counties further enhancing trade opportunities in the counties and beyond. Other benefits the Mau mau road is expected to bring …

By: The Mt. Kenya Times Team President Uhuru Kenyatta’s development record is unparalleled, and its impact on the economy is being felt. His infrastructural development across the country far out ways the previous three regimes combined. We shall highlight some of the key infrastructural development that have been undertaking during his tenure. We admittedly say …

By: Justus Obando @MountKenyaTimes The value of mobile commerce last year surged by 35% to reach Kshs. 9.4 trillion from Kshs. 7 trillion recorded in 2019, signifying the continued expansion of digital payments in the country. The Kenya Bureau of Statistics (KNBS) says this is the largest increment recorded in 5 years, a factor that …

Worth Noting: This four-year pipeline of the Central Government’s brownfield infrastructure assets will serve as a medium-term roadmap for the Asset Monetization initiative of the government, apart from providing visibility for the investors. Amitabh Kant, CEO of Niti Aayog, made it clear during the launch of the pipeline that the ownership of the assets remains …