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Monday, February 28, 2022

Ukulima Sacco Set To Rebrand To Attract Members From The Informal Sector

 

Ukulima Sacco CEO Richard Nyaanga, PS State department of Cooperatives Mr Ali Noor, Ukulima chairman Dr. Phillip Cherono Cutting the Ukulima Sacco 50th anniversary cake during the Sacco golden jubilee celebrations

By Citizen Reporter For Citizen Digital

Ukulima Sacco has announced plans to rebrand in order to capture small and medium enterprises, a move that is aimed at growing and doubling its performance in the next five years.

Banks To End Dividends Drought In Profitable Turnaround

 


By Kepha Muiruri For Citizen Digital

Commercial banks are expected to end the drought on paying shareholder dividends next month with a turnaround expected in the upcoming full-year results.

Half Of Kenyans With Side Hustles Plan To Quit Day Jobs - Survey

 


By Kepha Muiruri For Citizen Digital

About half of Kenyans with side businesses commonly referred to as side hustles are set to quit their day jobs this year.

February Inflation Hits 17-Month Low, But Food Prices Soar Again

 


By Kepha Muiruri For Citizen Digital

The cost of living as measured by inflation has fallen to a 17-month low 5.07 per cent this month compared to 5.39 per cent in January.

US renews Al-Shabaab Kenyan airspace attack warning

 The American government has renewed its warning to civilian airlines flying in the Kenyan airspace to watch out for possible attacks by militant groups, in what could heighten anxiety for the tourism industry starting to recover from the Covid-19 pandemic.

Techs that will help make your business to thrive

 

With all the buzz around machine learning (ML), artificial intelligence (AI), and big data, enterprises are now becoming curious about the applications and benefits of these in business.

Yields on Kenya Eurobonds jump as Ukraine crisis spook investors

 


The Central Bank of Kenya building in Nairobi. PHOTO | DENNIS ONSONGO | NMG 

Yields on Kenya’s Eurobonds rose sharply last week as Russia’s invasion of Ukraine caused investors to flee to safe-haven western bonds, putting in doubt Kenya’s plan to issue new debt by the end of June.

Master these strengths for business success

 

Nothing excites people of all ages and social statuses than the story of super achievers. The habits of successful men and women in any society form a sensational story.

Importance of fair finance to your investment decisions

 

In the wake of the global Covid-19 pandemic, impact investing has emerged as a new approach to international development, offering the promise of long-term sustainability.

Treasury spends Sh13.4bn more to pay domestic debt

 

The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG

The National Treasury spent an additional Sh13.42 billion or 6.58 percent more on domestic interest repayments than it had budgeted for in the half-year period to December on the

Closing Africa’s financial inclusion loop

 

Mobile solutions: Report says hand-held gadget can help bridge the financial inclusion gap and increase activity on the stock market through various products. FILE PHOTO | NMG

The digitalisation of global payments is becoming ever more pervasive, and Africa is fully onboard. Although cash is still king, many individuals and businesses are increasingly

StanChart eyes a share of Kenya’s rising e-commerce

 

Standard Chartered Bank branch on Kenyatta Avenue in a picture taken on January 3, 2020. PHOTO | SALATON NJAU | NMG 

Standard Chartered Plc  is set to enter the local e-commerce business through Solv, an India-based technology firm in which it invested in December 2020.

Kenya drops in ranking of Africa visa friendly States

 


The government’s efforts to curb the spread of Covid-19 by restricting international travel saw Kenya lose its position as one of the most welcoming countries in Africa.

Ex-Kippra boss to advise African free trade bloc




 The African Continental Free Trade Area Business Forum taking place at the Kigali Convention Center in Kigali, on 20 March 2018. FILE PHOTO | NMG

The African Continental Free Trade Area (AfCFTA) has tapped former Kenya Institute for Public Policy Research and Analysis (Kippra) boss Stephen Karingi to advise it on

Kenya to host one of Africa’s two giant data hubs

 

ICT secretary Joe Mucheru. PHOTO | SALATON NJAU

Kenya will host one of the two mega data centres in Africa that will increase Internet speeds and make it harder for hackers to bring down websites.

Costly imports as shilling hits new all-time low

 

A trader counts coins at his kiosk in Nyeri. PHOTO | JOSEPH KANYI | NMG

The Kenyan shilling is under fresh pressure against the dollar after it hit a new record low on Monday, setting up the country for more expensive imports and debt servicing distress.

State to reveal names, homes of tender tycoons


 Attorney General Paul Kihara Kariuki. PHOTO | JEFF ANGOTE | NMG 

The State will start making public the names, residential addresses and occupation of secret shareholders in companies that clinch tenders in ministries and parastatals.

RAIS MHE. SAMIA SULUHU HASSAN AWASILI NCHINI MARA BAADA YA KUHITIMISHA ZIARA YAKE YA KIKAZI

Rais wa Jamhuri ya Muungano wa Tanzania Mhe. Samia Suluhu Hassan akisalimiana na Makamu wa Rais Mhe. Dkt. Philip Isdor Mpango mara baada ya kuwasili katika Uwanja wa Ndege wa Kimataifa wa Julius Nyerere (JNIA) Jijini Dar es Salaam wakati akitokea Umoja wa Falme za Kiarabu UAE leo tarehe 28 Februari, 2022.

Rais wa Jamhuri ya Muungano wa Tanzania Mhe. Samia Suluhu Hassan akizungumza na Makamu wa Rais Dkt. Philip Isdor Mpango mara baada ya kuwasili katika Uwanja wa Ndege wa Kimataifa wa Julius Nyerere (JNIA) Jijini Dar es Salaam wakati akitokea Umoja wa Falme za Kiarabu UAE leo tarehe 28 Februari, 2022.

MAJALIWA AMWAKILISHA RAIS SAMIA UFUNGUZI MKUTANO WA 64 WA MWAKA WA MAHAKAMA AFRIKA


Waziri Mkuu Kassim Majaliwa akipokea nembo ya Mahakama ya Afrika kutoka kwa Rais wa Mahakama hiyo Imani Aboud, alipomwakilisha Rais Samia Suluhu Hassan kwenye ufunguzi wa mkutano wa 64 wa Mwaka wa Mahakama ya Afrika, Jijini Arusha, Februari 28, 2022. Mgeni rasmi katika ufunguzi huo ni Makamu wa Rais wa Jamhuri ya Shirikisho (Majimbo) ya Nigeria Prof. Yemi Osibanjo. (Picha na Ofisi ya Waziri Mkuu).




Waziri Mkuu Kassim Majaliwa akiongozana na Makamu wa Rais wa Jamhuri ya Shirikisho (Majimbo) ya Nigeria Prof. Yemi Osibanjo, kuingia kwenye ukumbi wa TANAPA jijini Arusha kwa ajili ya ufunguzi wa mkutano wa 64 wa Mwaka wa Mahakama ya Afrika, Februari 28, 2022. Mheshimiwa Majaliwa alimwakilisha Rais Samia Suluhu Hassan kwenye ufunguzi wa mkutano huo (Picha na Ofisi ya Waziri Mkuu)



Waziri Mkuu Kassim Majaliwa akiwa katika picha ya pamoja na Makamu wa Rais wa Jamhuri ya Shirikisho (Majimbo) ya Nigeria Prof. Yemi Osibanjo (wa nne kushoto) na Rais wa Mahakama ya Afrika, Imani Aboud( wa tano kushoto) wakati alipomwakilisha Rais Samia Suluhu Hassan kwenye ufunguzi wa mkutano 64 wa Mwaka wa Mahakama ya Afrika, Jijini Arusha, Februari 28, 2022. Wa pili kulia ni Waziri wa katiba na Sheria, George Simabachawene na kulia ni Mkuu wa Mkoa wa Arusha, John Mongella. Wengine pichani ni Majaji wa Mahakama hiyo.(Picha na Ofisi ya Waziri Mkuu)

 
Baadhi ya washiriki wa ufunguzi wa mkutano wa 64 wa Mwaka wa Mahakama ya Afrika wakimsikiliza Waziri Mkuu Kassim Majaliwa wakati alipozungumza wakati alipomwakilisha Rais Samia Suluhu Hassan kwenye ufunguzi wa mkutano wa 64 wa Mwaka wa Mahakama ya Afrika, Jijini Arusha, Februari 28, 2022. Mgeni rasmi katika ufunguzi huo ni Makamu wa Rais wa Jamhuri ya Shirikisho (Majimbo) ya Nigeria Prof. Yemi Osibanjo. (Picha na Ofisi ya Waziri Mkuu)

TUTAENDELEA KUIMARISHA USHIRIKIANO NA UMOJA WA AFRIKA-MAJALIWA 

 

WAZIRI MKUU Kassim Majaliwa amesema Tanzania itaendelea kuunga mkono na kuimarisha ushirikiano uliopo na Umoja wa Afrika hasa katika

EAC SECRETARY GENERAL CALLS ON AFRICAN LEADERS TO IMPLEMENT AGREEMENT TO LOWER AFRICAN AIR TRANSPORT COSTS

East African Community Headquarters, Arusha, Tanzania, 28th February 2022: EAC Secretary General Dr. Peter Mathuki is urging African leaders to urgently implement the Single African Air Transport Market (SAATM) agreement, in order to lower the costs of air transport in Africa and in turn boost development.

Speaking in Nairobi, Kenya, at the 7th Programme for Infrastructure Development in Africa (PIDA) week, Dr. Mathuki stated that air cargo currently accounts for only 2% of the global air cargo adding that air transport remains out of reach for both passenger and cargo haulage due to high associated costs.

“These costs can be brought down if we have political commitment to implement the Single African Air Transport Market (SAATM) agreement,” he noted.

The Secretary General noted that the region continues to ramp up investments in infrastructure to narrow the infrastructure gap and enhance intermodal connectivity.

“These investments have yielded impressive results; for instance, the transit time from Mombasa to Kampala has improved from 20 days in 2010 to an average of 6 days in 2021, with a resultant cost reduction from US$3,500 in 2010 to US$2,200 in 2021,” he noted.

The Secretary General hailed African leaders for prioritizing investment in One-Stop Border Posts (OSBPs), which have facilitated transboundary trade by enhancing border crossing efficiency.

“The use of technology at OSBPs has improved sharing and exchange of information among agencies, enhanced border security, reduced processing times at the border transit times for traders and transporters, and enhanced the reliability of the supply chain through streamlined and harmonised procedures,” he said.

The Secretary General further added that use of technology has enhanced regional competitiveness and led to implementation of initiatives such as the Regional Electronic Cargo Tracking System (RECTs), Single Customs Territory (SCT), and upgrading Customs Management Systems.



On his part, Rt Hon. Raila Odinga, AU High Representative for Infrastructure Development called for the delegates from across the continent to identify new and innovative funding mechanisms amidst limited public resources to fast track the continent’s connectivity.

“Africa needs to create an enabling environment with bankable projects to get

Tanzania bags Sh17.3 trillion deals at Expo Dubai

New Content Item (1)

President Samia Suluhu Hassan delivers a speech at Expo 2022 Dubai. PHOTO |STATE HOUSE

By Josephine Christopher

Dar es Salaam. Tanzania’s public and private institutions have signed a total of 36 memorandums of understanding (MoUs) valued at $7.49 billion (nearly to Sh17.3 trillion) with their United Arab Emirates (UAE) counterparts.

DART Taasisi Ya Kwanza Sekta Ya Usafirishaji Kutekeleza KAIZEN.

Mtendaji Mkuu wa Wakala wa Mabasi Yaendayo Haraka DART Dkt.Edwin Mhede akizungumza na Waandishi wa Habari Kibaha Mkoani Pwani, baada ya Kumalizika kikao cha KAIZEN, mwishoni mwa wiki.

Na Mwandishi Wetu, Kibaha


Wakala wa Mabasi Yaendayo Haraka DART imekua taasisi ya kwanza ya serikali inayojihusisha na masuala ya usafirishaji kutekeleza falsafa ya kuleta mabadiliko chanya katika kuleta maendeleo na tija, KAIZEN.

NAIBU WAZIRI KIKWETE APOKEA TAARIFA YA MIGOGORO ARDHI PWANI

 Naibu Waziri wa Ardhi Nyumba na Maendeleo ya Makazi Mhe. Ridhiwani Kikwete (katikati) akiwa katika kikao cha kupokea taarifa ya migogoro ya ardhi ya mkoa wa Pwani kilichofanyika leo jijini Dar es salaam.
Naibu Waziri wa Ardhi Nyumba na Maendeleo ya Makazi Mhe. Ridhiwani Kikwete akitoa maelekezo katika kikao cha kupokea taarifa ya migogoro ya ardhi ya mkoa wa Pwani kilichofanyika leo jijini Dar es salaam.

Naibu Waziri wa Ardhi Nyumba na Maendeleo ya Makazi Mhe. Ridhiwani Kikwete akisisitiza jambo katika kikao cha kupokea taarifa ya migogoro ya ardhi ya mkoa wa Pwani kilichofanyika leo jijini Dar es salaam.

Kamishna wa Ardhi Msaidizi Mkoa wa Pwani Bi. Lucy Kabyemera akiwasilisha taarifa ya migogoro ya ardhi ya Mkoa wa Pwani kwa Naibu Waziri wa Ardhi Nyumba na Maendeleo ya Makazi Mhe. Ridhiwani Kikwete, katika kikao kilichofanyika leo jijini Dar es salaam ikiwa ni maandalizi ya ziara ya utatuzi wa migogoro ya ardhi mkoani Pwani

Bolt Na Mpango Wa Kuwawezesha Madereva Kiuchumi

 Mkiwa ni dereva wa Bolt nchini Tanzania ambaye kwa miaka miwili sasa, amekuwa akitumia gesi iliyochakatwa kwa mfumo asilia ‘Compressed Natural Gases’ (CNG) badala ya kutumia petrol katika gari lake.

BENKI YA CRDB YAADHIMISHA 'WILLNESS DAY' JIJINI DAR

Mkuu wa Wilaya ya Ubungo, Kheri James akisalimia na baadhi ya wafanyakazi wa Benki ya CRDB wakati wa Maadhimisho Siku ya Willness Day iliyoandaliwa na benki hiyo Kanda ya Mashariki kwa ajili ya wafanyakazi wake katika viwanja vya Chuo Kikuu cha Dar es Salaam, mwishoni mwa wiki.
Mkuu wa Wilaya ya Ubungo, Kheri Jamse akiongoza wafanyakazi wa Benki ya CRDB kupima afya wakati wa Maadhimisho Siku ya Willness Day iliyoandaliwa na benki hiyo Kanda ya Mashariki kwa ajili ya wafanyakazi wake katika viwanja vya Chuo Kikuu cha Dar es Salaam, mwishoni mwa wiki. Akizungumza katika Maadhimisho hayo Mkuu wa Wilaya ya Ubungo Kheri Jamse ameipongeza Benki ya CRDB kwa kuja na program ya Willness ambayo itasaidia wafanyakazi kujua afya zao, kulinda afya zao na kuzijenga afya zao kupitia mazoezi jambo ambalo litaongeza tija katika kazi zao.
Meneja wa Benki ya CRDB Kanda ya Mashari, Badru Idd, akipima urefu pamoja na uzito wakati wa maadhimisho ya Siku ya Willness Day iliyofanyika katika viwanja vya Chuo cha Dar es Salaam (UDSM) jijini Dar es Salaan, mwishoni mwa wiki. 
Mkuu wa Wilaya ya Ubungo, Kheri James akizungumza wakati wa maadhimisho ya Siku ya Willness Day iliyofanyika katika viwanja vya Chuo cha Dar es Salaam (UDSM) jijini Dar es Salaan, mwishoni mwa wiki. 
Mkuu wa Wilaya ya Ubungo, Kheri James  (wa tano kulia) akiwaongoza wafanyakazi wa Benki ya CRDB kufanya mazoezi katika Maadhimishi ya Willness Day yaliyofanyika kwenye viwanja vya Chuo Kikuu cha Dar es Salaam, jana

DART Taasisi Ya Kwanza Sekta Ya Usafirishaji Kutekeleza KAIZEN.

 

Mtendaji Mkuu wa Wakala wa Mabasi Yaendayo Haraka DART Dkt.Edwin Mhede akizungumza na Waandishi wa Habari Kibaha Mkoani Pwani, baada ya Kumalizika kikao cha KAIZEN, mwishoni mwa wiki.

Na Mwandishi Wetu, Kibaha


Wakala wa Mabasi Yaendayo Haraka DART imekua taasisi ya kwanza ya serikali inayojihusisha na masuala ya usafirishaji kutekeleza falsafa ya kuleta mabadiliko chanya katika kuleta maendeleo na tija, KAIZEN.

DRC signs deal with Israeli tycoon Gertler to recover mining assets

DRC mining

By The East African

Kinshasa. The Democratic Republic of Congo has signed an “amicable agreement with the Ventura Group of Israeli businessman Dan Gertler” to end the legal dispute