Wednesday, February 28, 2018

Tanzania making strides in women representation

By KATARE MBASHIRU
TANZANIA is leading in the East African Community (EAC) member states for having a good number of women representations in various leadership positions, according to statistics from the Inter-parliamentary Union (IPU).

Dar maintains clean sheet in economic crime Tanzania

From MARC NKWAME in Arusha
EITHER Tanzania is free from cases of ‘economic crime,’ or the country could be among those ranked very low, Dar es Salaam apparently has escaped mention in the just released report findings.

Tanzania:TRL train trips resume Friday

By JIMMY LWANGILI
THE passenger train from Dar es Salaam to upcountry through the central railway will start operations on Friday, this week, after termination of service.

Now consumer education comes to children at schools

From SYLIVESTER DOMASA in Dodoma
THE Fair Competition Commission is considering granting incentives to teachers in government schools in a push to fill more champions of consumer education, in a society where million shoppers don’t understand their consumer rights.

Tanzania population growth rate down by 2030

BY DAILY NEWS WRITER
It assumed that for the period of 2013 to 2035, the population growth of the country will decrease to 3.1 per cent in 2013 to 2.3 percent in 2035, reads the National Bureau of Statistics (NBS) website.

Lack of rules delay remittance of royalties to counties and locals

Base Resources, Kwale Sands Mine [File, Standard] By Macharia Kamau
The Government is still holding on to hundreds of millions of shillings belonging to communities in mineral-rich regions citing lack of a framework through which it can forward the money to the communities. Firms mining and exporting minerals have paid royalties amounting to billions of

Why government has become hooked to Eurobond




By Otiato Guguyu and Dominic Omondi
Imagine a businessman from Kenya sells rose flowers in the US and is paid in dollars. Good for him. With the dollars, he gets to buy items overseas which he can’t find back at home. He also has some generous relatives who once in a while send him a few dollars, helping him replenish his reserves of

Deputy President William Ruto missed figures on Kenya’s debt position

By Frankline Sunday
The government has time and again brushed off concerns that the level of borrowing is getting out of hand. Last week, the International Monetary Fund (IMF) revealed that Kenya had exhausted its $1.5 billion (Sh150 billion) precautionary facility even as the government was in the US for the roadshow sourcing bids for the second Eurobond which was oversubscribed.

A worker from Naivasha based at Van den Berg flower farm prepares roses for export to the European Market ahead of Valentine. [Photo by Antony Gitonga/Standard] By Otiato Guguyu
Last week’s EAC leaders’ meeting called for further negotiations on crucial trade treaty whose absence threatens the future of country’s exports to EU. Kenya will have to wait a little longer for a breakthrough in the crucial Economic Partnership Agreement (EPA) deal after regional leaders called for further negotiations with their European counterparts.

Setback for Kenya as regional heads dig in on EPA deal

A worker from Naivasha based at Van den Berg flower farm prepares roses for export to the European market ahead of Valentine. [Photo by Antony Gitonga/Standard] By Otiato Guguyu 
Last week’s EAC leaders’ meeting called for further negotiations on crucial trade treaty whose absence threatens the future of country’s exports to EU. Kenya will have to wait a little longer for a breakthrough in the crucial Economic Partnership Agreement (EPA) deal after regional leaders called for further negotiations with their European counterparts.

COFEK wants Uhuru to declare rising public debt a national disaster

President Uhuru Kenyatta By Nathan Ochunge 
The Consumer Federation of Kenya (Cofek) has raised concerns over the country's rising public debt. Cofek now wants President Uhuru Kenyatta to declare the rising debt as a national disaster, as it's bad for the economy.

Blackface at 2018 Lunar year TV show: How Chinese and African cultural differences can affect business


The Standard Gauge Railway project is the most visible aspect of Kenya's engagement with China. A skit on the project has raised eyebrows. [File picture] By Matiri Maisori 
NAIROBI, KENYA: Reactions continue to top the social media in China and Africa besides attracting researchers' attention after a comedy sketch aired on China’s February 15th lunar year’s television show.

Portland Cement net loss widens to Sh970 million

East African Portland Cement Company (EAPCC) widens its half-year losses to Sh969.7 million. [Photo: Courtesy] By Patrick Alushula 
East African Portland Cement Company (EAPCC) has reported a fourfold widening of its half-year losses to Sh969.7 million. Results for the six months of trading ended December 31, 2017 left the company worse off compared to a loss of Sh248 million in a similar period in 2016, with

Treasury is dishonest about debt situation, MPs say

Parliament now warns that the high debt levels could widen the country's fiscal deficit. [Wilberforce Okwiri, Standard] By Frankline Sunday
Parliament has criticised the National Treasury for the rising debt levels, warning that the country could soon default on other pressing recurrent payments.
Parliament has further accused the Treasury of presenting inconsistent figures in policy documents detailing the country's debt position in regard to both the local and external debts.

Police intercept Jimi Wanjigi to serve court summons

Jimi Wanjigi
A police officer sticks a court summon on businessman Jimi Wanjigi's car in Nairobi on February 28, 2018. PHOTO | COURTESY 
By STELLA CHERONO
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Drama unfolded on Museum Hill Road in Nairobi on Wednesday afternoon as plainclothes police officers intercepted a vehicle belonging to businessman Jimi Wanjigi.

Shoprite takes up space in 7 key Kenyan malls

Shoppers outside a Shoprite outlet in Kano, northern Nigeria. AFP FILE PHOTO | AMINU ABUBAKAR Shoppers outside a Shoprite outlet in Kano, northern Nigeria. AFP FILE PHOTO | AMINU ABUBAKAR 

Jubilee MPs clear Uhuru’s millionaire envoy nominees

Judi Wakhungu and Dr Cleopa Mailu
Combined photos from left: Prof Judi Wakhungu and Dr Cleopa Mailu. They have been nominated as envoys. PHOTOS | NATION MEDIA GROUP 
By SAMWEL OWINO
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Six of President Uhuru Kenyatta’s nine nominees, who MPs on Wednesday cleared for appointment as ambassadors and high commissioners, have a combined net worth of Sh1.4 billion.

Jubilee distances itself from powerful PM Bill

Tiaty MP William Kamket is the sponsor of the Bill. FILE PHOTO | NMG Tiaty MP William Kamket is the sponsor of the Bill. FILE PHOTO | NMG 
EDWIN MUTAI

Summary

    • Leader of Majority in the National Assembly Aden Duale said the Bill sponsored by Tiaty MP William Kamket “is not a Jubilee party sponsored Bill.

UK professor: No Anglo Leasing ghost firms

Lawyer Ahmednasir Abdullahi in court. FILE PHOTO | NMG Lawyer Ahmednasir Abdullahi in court. FILE PHOTO | NMG 

Under-funding hits Uhuru’s Big Four project

President Uhuru Kenyatta. FILE PHOTO | NMG President Uhuru Kenyatta. FILE PHOTO | NMG 

Microsoft official tips Kenyan firms on cyber security threat

Email passwords be regularly changed. FILE PHOTO | NMG Email passwords be regularly changed. FILE PHOTO | NMG 

Sarova Hotels to run luxury lodge Spirit of the Masai Mara

Sarova Hotels managing director Jimi Kariuki with Spirit of the Masai Mara director Justin McCarthy. PHOTO | diana ngila Sarova Hotels managing director Jimi Kariuki with Spirit of the Masai Mara director Justin McCarthy. PHOTO | diana ngila 

EDITORIAL: Firms must scale up efforts to tame customer fraud

PricewaterhouseCoopers advisory partner Muniu Thoithi PricewaterhouseCoopers advisory partner Muniu Thoithi (left) and head of regulatory, compliance and advisory Joseph Githaiga during the release of PwC's 2018 Global Economic Crime and Fraud Survey on February 27, 2018. PHOTO | SALATON NJAU | NMG 

Fostering creativity, innovation in Africa

Africa must start thinking seriously about self reliance and strengthening her capacities. FILE PHOTO | NMG Africa must start thinking seriously about self reliance and strengthening her capacities. FILE PHOTO | NMG 

PATA VICHWA VYA HABARI TOKA MAGAZETI YA TZ NA NJE LEO MOSI MACHI, 2018