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Financial Journal - (09/02/2010 )
Kenya’s economy is on the road to recovery
Kenya’s economy is on a positive growth trajectory. That is the judgment from leading fund management firms, investment banks, economists and the World Bank. Although the estimated GDP growth of between 3-4 per cent is still below the country’s potential, when benchmarked against competing economies in East Africa, the economy is expected to make a strong recovery this year. ... Read More
 
Tourism enters 2010 sunny side up
Tourism is set for a rebound this year, after a particularly challenging 2008 and 2009, industry players have said. ... Read more
 
Resurging economy sweetens job market
Even though companies in Kenya are still downsizing, more firms will be hiring than firing. The Ministry of Labour predicts a good turn around, compared to last year, when over 10,000 jobs were lost. ... Read more
 
ICT sector braced for take-off
Kenya’s ICT sector has caught attention of most African countries, and stands as an emerging regional ICT hub, despite a few setbacks in some of the segments and numerous complaints from end users about pricing and quality. ... Read more
 
Renewed interest boosts fortunes at NSE
After bearing the brunt of soaring inflationary pressures, stockbrokers malpractices, and the global economic recession, the local stock market, just as other world markets, is gearing up for another take off. ... Read more
 
Consumer prices evoke debate as experts remain sceptical
Like a sharp double-bladed sword, the recent rainfall is cutting two ways, with the consequences as varied as the diverse positions occupied by players in the economy. ... Read more
 
Banks maintain cautious outlook on economy
Commercial Banks have been reluctant to lower lending rates, despite strong monetary signals from Central Bank of Kenya (CBK) for them to do so. ... Read more
 
Rules to control sale of steam wells
The Geothermal Development Company (GDC) has proposed stringent regulations to oversee the sale of steam wells to private investors seeking to set up power plants in the country. ... Read more
 
Oil refinery gears up for major upgrade
After years of inefficiencies that proved costly to the economy, the Mombasa-based oil refinery is set for a new start. ... Read more
 
Energy remains ‘dark horse’
As the Government embarks on the implementation of the Vision 2030, which is already two years behind schedule, the situation in the energy sector is raising concerns. ... Read more
 
The new debt capital vehicle of choice
Syndicated loans are becoming a popular means of raising debt capital among Kenyan top firms. Most successful companies have evolved to the point of straining dealing with one or a few individual banks, negotiating individual loans and lines of credit. ... Read more
 
Consumer prices drop
After nearly two years of unbearably high prices, consumers can get a break with prices of some key commodities dropping. ... Read more
 

The Standard Magazines

Monday - Crazy Monday
Thursday - Home & Away
Friday- Pulse
Saturday- Instinct

 

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