Higher value pension transfers a target
Monday, January 31, 2022
Happy birthday Samia, but watch out for those seeking relevance
Tanzanian President Samia Suluhu. PHOTO | POOL
This past week Tanzanians have been celebrating their president, Samia Suluhu, on her 62nd birthday. Happy birthday, Madam President!
Kilimanjaro festival seeks place on world culture map
Tanzanian President Samia Suluhu visits a stand showcasing the preparation of traditional foods at the Kilimanjaro Cultural Festival. PHOTO | COURTESY | STATE HOUSE DAR ES SALAAM
Some international tourist destinations are famous for their annual festivals, like the Carnival in Rio, Munich’s Octoberfest, the Madi Gras in New Orleans, La Tomatina in Spain, Dia De Los Muertos in Mexico, and the Harbin Ice and Snow Sculpture Festival in China.
Tanzania woos US tourists with trophy hunting safaris
Tanzania is targeting big game hunting to raise revenues. PHOTO | AFP
Tanzania is seeking to attract well-off Americans as it targets the growing game hunting tourism market.
Top oil producers to meet amid record crude prices
Majnoon oil field in Iraq. The world's top oil-producing countries will meet on February 2, 2022 to discuss a further increase in output, while crude prices have reached seven-year highs rattled by geopolitical tensions. PHOTO | AFP
London, The world's top oil-producing countries will meet on Wednesday to discuss a further increase in output, while crude prices have reached seven-year highs rattled by geopolitical tensions.
Kenya Airways says it is fast-tracking South African Airways partnership
Kenya Airways and South African Airlines signed a Strategic Partnership Framework in South Africa last November, in a move that will see the two carriers eventually form a Pan-African carrier. PHOTO | FILE | NMG
Troubled Kenya Airways says it is fast-tracking negotiations to launch common initiatives with South African Airways (SAA) with which it signed a pact last year to establish an African airline by 2023.
Kenya Airways to stop transporting monkeys from Mauritius to US labs
Kenya Airways will not renew its contract with a Mauritius breeding farm to transport monkeys from the Indian Ocean island to the US, Chairman Michael Joseph says. PHOTO | FILE
Kenya Airways will not renew its contract with a Mauritius breeding farm to transport monkeys from the Indian Ocean island to United States (US) to be used in laboratory experiments, the national carrier has announced.
Restricted crossing at reopened border as Rwanda, Uganda agree on Covid protocols
The Gatuna/Katuna border post on January 29, 2022. Preparations are ongoing for the January 31, 2022 reopening of the Rwanda-Uganda border. PHOTO | CYRIL NDEGEYA | NMG
Rwandans and Ugandans intending to travel to either country using the just re-opened Gatuna/Katuna border will have to wait longer as officials of both countries work out modalities of managing travel in the context of Covid-19.
Total, Rwanda partner in renewable energy project
Total Energies CEO Patrick Pouyanné 9second left) and Rwandan President Paul Kagame (second right) with other officials at Urugwiro Village in Kigali, Rwanda, on January 30, 2022.
Total Energies has joined Rwanda’s energy market as the country seeks to increase investment in renewable energy and electric mobility.
Ethiopian Airlines to resume 737 MAX flights after 2019 crash
An Ethiopian Airline Boeing 737-700 aircraft takes off from Felix Houphouet-Boigny Airport in Abidjan, Côte d'Ivoire, on November 28, 2017. Ethiopian Airlines is set to operate the Boeing 737 MAX for the first time since a crash nearly three years ago killed all 157 people on board. PHOTO | ISSOUF SANOGO | AFP
Ethiopian Airlines is set Tuesday to operate the Boeing 737 MAX for the first time since a crash nearly three years ago killed all 157 people on board and triggered the global grounding of the aircraft.
Exporters get duty-free access to Africa markets
The African Continental Free Trade Area (AfCFTA) Secretary-General H.E Wamkele Keabetswe Mene. PHOTO | FRANCIS NDERITU | NMG
Kenya can now trade most of its goods outside the East African Community (EAC) bloc duty-free after negotiation on tariff lines that will exclude up to 88 percent of products under the continental trade body was concluded.
Digital lenders reject CBK power to revoke licence
Digital lenders have protested the push to give the CBK unilateral powers to revoke their licences for breaching the confidentiality of borrowers who default on their loans. FILE PHOTO | NMG
Digital lenders have protested the push to give the Central Bank Kenya (CBK) unilateral powers to revoke their licences for breaching the confidentiality of borrowers who default on their loans.
NHIF seeks penalties for adults who fail to register
The National Hospital Insurance Fund (NHIF) in this picture taken on Tuesday, October 26, 2021. PHOTO | DENNIS ONSONGO | NMG
The National Hospital Insurance Fund (NHIF) is drafting regulations that will prescribe penalties for Kenyans aged 18 years and above who fail to register with the public insurer after the law made it compulsory.
Investors snub day trading at NSE on charges
Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG
Same-day trading of shares accounted for only 3.4 percent of total deals at the Nairobi bourse, reflecting investors’ apathy towards buying and selling securities multiple times in a single day
Four fined Sh8.4 billion for buying NSSF ghost shares
Four people, among them a former National Social Security Fund (NSSF) investment manager and officials of a collapsed stock brokerage firm, have been fined a total of Sh8.4 billion over the loss of Sh1.2 billion at the pensioners’ fund over a decade ago.
Land, house prices rise at fastest pace in years
A section of the industrial area in Nairobi as viewed from the UAP Tower located on Upper Hill road on July 4, 2016. PHOTO | SALATON | NMG
Land and house prices in Nairobi increased at the fastest pace in two and three years respectively, on the back of renewed demand from buyers who had slowed down acquisitions in 2020 amid Covid-19 economic hardships.
Co-op Bank employees, client in an account access dispute
Two Co-operative Bank employees now risk jail or a fine of Sh200,000 for declining to allow a man access his late mother’s account.
How Nairobians survive the city's tough life, high cost of living
A section of Kibra slums, Nairobi. [Elvis Ogina, Standard]
You do not need binoculars or a power presentation with graphs, diagrams and soundtracks to tell how life in the city has become expensive for some Nairobians.
Just keenly observe how Nairobians make purchasing decisions for services and goods. The most sought after option is usually the cheapest in the market.
It is a scene that plays out at most of the mini-bus stages outside Nyayo Stadium for public service vehicles plying Ongata Rongai route.
On any weekday, despite how fast the sun will be setting and the clouds threatening a downpour, only a handful of Nairobians will heed to the begging calls from drivers and conductors to aboard their vehicles whose fare is Sh100.
Almost every other person on the stage always has his or her head buried in their phones chatting or surfing the internet for nothing important. But once the lowest price is announced by another matatu - Sh50, it becomes a fight for survival as passengers struggle to board the matatu and save Sh50.