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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: 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 …

By: Akankwasa Stephen stphnakankwasa@gmail.com Worth Noting: This prejudicial statement of the unemployed youths on the ground of birth is overwhelming not because it is their choice but due to the fact that they have been subjected to the same yet during campaigns the identified majority were being prioritized as catalysts to attain a transformed country. …

BY: SHEREEN MKHOMBO Worth Noting: To add the pinch to the sore wound, fuel prices went up by at-least 90c per litre in July. The one week of havoc left some township malls without any retail outlets left, including banks and post office services. The convenience was blown away just like that. Some five weeks …

By Macharia John While Luban Workshop is a Chinese initiative that partially promotes its cultural, diplomatic and economic relations abroad, there are so many ideas that Kenya can gain in order to grow its economy. The Luban Workshop is a project of China’s Tianjin government created to provide state-of-the-art technical and vocational nurturing, promotion of …

By: Shadrack Wanyama  @MountKenyaTimes The cost of basic consumer goods which are the subject of excise duty is set to rise upon the adjustment of the rate of duty for inflation on October 1. The inflation adjustment is expected to impact the cost of all excisable goods and services which includes fuel products, beer, wines …

By: David Kinyanjui  @MountKenyaTimes Kenya’s aviation sector is gradually arising from the damaging blow inflicted by the outbreak of COVID-19 pandemic in 2020, Kenya Civil Aviation Authority (KCAA) has said. Capt. Gilbert Kibe, KCAA Director General says that the average daily Aircraft movement is currently about 550 from 1,045 before Covid-19 outbreak. The 550 reported …

By: Snober​Abbasi Assistant Communication Officer Worth Noting: The index ranks countries between 0.00 (lowest) and 1.00 (highest) according to the developments in youth education, employment, health, equality and inclusion, peace and security, and political and civic participation. It looks at 27 indicators including literacy and voting to showcase the state of the world’s 1.8 billion people between …

National treasury CS Ukur Yatani.

By: Shadrack Wanyama  @MountKenyaTimes The National Treasury has remained upbeat that the economy would rebound in the next fiscal year, growing at a rate pf 6.6%. Speaking during the launch of the FY2022/23 & Medium-Term budget preparation process, National Treasury and Planning Cabinet Secretary Ukur Yatani however warned that, COVID-19 pandemic and political activities are …

By: Jane Njoki  @MountKenyaTimes The country must review and come up with laws and policies that adequately regulate entry of foreign investments, terms of condition and operations. Orange Democratic Movement (ODM) leader Raila Odinga made the remarks yesterday during the launch of operations in Kenya by UAE-based business intelligence and investment firm Investera at a …