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Economy


Risky behavior in youths and the motivation to earn a living

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Coastal Kenya

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By: Arayan Dahir The hiking in prices of different commodities in Kenya is no longer news to the citizens of Kenya. Recently, the price of liquidized petroleum gas (LPG) cooking gas cylinder across all categories including subsidized gas hiked by Up to 31.8% due to the parliament raising the tax on cooking gas. Many university …

By: Jane Njoki  @MountKenyaTimes National Assembly Speaker Justin Muturi has faulted the government’s move to significantly hike fuel prices. To salvage the situation, Muturi has challenged Members of Parliament to move the debate on fuel from the roadsides to Parliament when the House resumes next week. Muturi challenged the lawmakers to introduce a bill in …

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. …

Cumulatively, taxes and levies on fuel total Ksh.58.81 for petrol and Ksh.46.46 and Ksh.41.14 for diesel and kerosene respectively.

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 …