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Wednesday, June 28, 2023

‘Makinikia’ and economic liberation: The untold story – 8

 

By Dr Dalaly Peter Kafumu

Summary

·         Civil society organisations questioned the government’s intention to review the policy and law.

This week we continue dissecting the Makinikia story by examining the

CRDB marks MSME Day with Sh700 billion support to businesses

 


Summary

·         World MSME Day is observed every year on June 27 all over the world to highlight the significance of MSMEs and how they play a crucial role in being the backbone of the

What Tanzania is doing to cut costs of investing in communication

 


The minister for Information, Communication and Information technology,Mr  Nape Nnauye, speaks with the chairman of Vodacom Tanzania’s board of directors, Judge (rtd) Thomas B Mihayo (right), during the opening of a new Vodacom Tanzania office in Dodoma yesterday. Photo | Edwin Mjwahuzi



·         Summary

        The government has lowered a number of charges levied on investors in the industry, including those levied on the construction of communication infrastructure on the road reserve

Brela directs banks to provide beneficial ownership details

 

Brela’s acting director general, Mr. Isdor Nkindi. PHOTO | FILE

Summary

·         Statistics show many registered companies, including financial institutions, have not yet submitted information about beneficial owners to Brela

How Rusumo project highlights power of regional collaboration

 

An overview of the Rusumo Hydropower Project.  PHOTO | FILE


Summary

·         Each of the three nations is set to receive a supply of 26.67 megawatts once the power project start generation

Rusumo.  The transboundary 80-megawatt Rusumo Hydropower Project has emerged as a testament to

One year wait for suppliers as Cabinet orders pending bills audit

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President William Ruto Chairs Cabinet Meeting on June 27, 2023 at State House, Nairobi. The Cabinet has approved establishment of a special committee on Pending Bills. PHOTO | PCS    

By PATRICK ALUSHULA More by this Author

Contractors and suppliers of goods and services to the national government face a longer wait for

Tuesday, June 27, 2023

Baby deaths in Tanzania: being born in a city no longer increases chances of survival

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A new born baby is held by a lady. PHOTO | NMG

By THE CONVERSATION

Five million children under five years old died in 2021. Of these, nearly half occurred within the first month – a time of high vulnerability. Sub-Saharan Africa had the

DNA results shocker for 32 Ugandan men

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Uganda’s Directorate of Citizenship and Immigration Control says men have been inspired to carry out DNA tests on their children by the recent stories in the media, about their counterparts who have realised that not all the offspring in their homes are actually theirs. PHOTO | SHUTTERSTOCK

By MONITOR

At least 32 men in Uganda have written to the Directorate of Citizenship and

Police probe Kenyan trader 'for importing weapons for Al Shabaab terrorists'

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A porter carries a sack in the sea port in Mogadishu, Somalia from a foreign vessel. PHOTO | AFP

By NATION AFRICA

A businessman is being investigated in connection with two illegal shipments of

TotalEnergies in second suit over Uganda oil projects

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Activists protest against the financing Eacop project in Africa in Paris, France on February 22, 2023. PHOTO | AFP

By AFP

26 Ugandans on Tuesday sued French oil giant TotalEnergies in Paris, France for

UK projects asylum seekers to cost $215,000 each in Rwanda deal

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Rwandan President Paul Kagame during a meeting with British Prime Minister Rishi Sunak (R) at 10 Downing Street, London, Britain, on May 4, 2023. PHOTO | REUTERS

By REUTERS

Britain's plan to send asylum seekers to Rwanda will cost £169,000 ($215,035) per

CBK’s decision to hike lending rate ill-timed

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The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG    

By BUSINESS DAILY More by this Author

The move by the Central Bank of Kenya (CBK) to increase the benchmark lending rate by a percentage point to 10.50 percent, the highest level since 2016, has come at the

Insurance protection can improve resilience, survival of Kenya’s SMEs

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Insurance solution providers and relevant stakeholders should collaborate to innovate effective solutions that are affordable and accessible to ordinary businesses. FILE PHOTO | SHUTTERSTOCK    

By HILLARY WACHINGA More by this Author

It is difficult to sustainably run a business in a volatile environment. This is especially the case for small and medium enterprises (SMEs).

Cooperatives crucial in sustainable development

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Members of various Savings and Credit cooperatives march along Nyali Bridge in Mombasa County on July 2, 2022, in a procession to mark the 100th anniversary as the world celebrates International Cooperative Day. PHOTO | WACHIRA MWANGI | NMG    


By RICHARD NYAKENOGO More by this Author

When one thinks about the cooperative movement and sustainable development, one cannot help but draw similarities and see a strong connection.

National tax policy step welcome

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It is clear that realising tax yields from the hard-to-tax sectors will require a lot of work that will entail the use of big data to establish tax potential, and reducing the cost of formalisation. FILE PHOTO | SHUTTERSTOCK   

By GEORGE BOD More by this Author

With the Finance Bill 2023 having been signed into law, it is now imperative to

Treasury gets five years to trim debt to 55pc of GDP

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG    

By EDWIN MUTAI More by this Author

The Treasury has five years to bring down the country’s level of debt to 55 percent of the Gross Domestic Product (GDP) after MPs approved the conversion of the