Month: November 2019

Rwanda has been ranked as the top destination to travel to in Africa 2020 and among the top 30 globally, a report by Travel Lemming which recognizes trending destinations.

The annual awards were published this week on the Travel Lemming site which promotes emerging destinations around the world giving a solution to over-tourism and encouraging travellers to think beyond the traditional “tourist traps.”

Winners were selected after voting by 30 of the most popular travel bloggers in the industry, who collectively have more than 12 million followers on social media.

Among the factors that were listed by voters on why Rwanda was an ideal destination is the country’s growing connectivity through the national carrier RwandAir, safety and conservation efforts.

Rwanda having been named as the safest country in Africa by the economic forum and RwandAir slated to open direct flights from JFK (New York) to Kigali gave the country …

Dropcap the popularization of the “ideal measure” has led to advice such as “Increase font size for large screens and reduce font size for small screens.” While a good measure does improve the reading experience, it’s only one rule for good typography. Another rule is to maintain a comfortable font size.

Strech lining hemline above knee burgundy glossy silk complete hid zip little catches rayon. Tunic weaved strech calfskin spaghetti straps triangle best designed framed purple blush.I never get a kick out of the chance to feel that I plan for a specific individual.

Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences fly into your mouth.

A wonderful serenity has taken possession…

There are a number of -Exim Banks in the world which makes it hard to distinguish which is which.

For starters, Tanzania has officially opened its newest branch in Dar es Salaam’s Mkwepu Street following the bank’s successful acquisition of UBL Bank.

UBL is a subsidiary of Pakistan’s UBL Bank and the acquisition comes as Exim Bank plans to spread and expand nationwide.

Consolidation Tanzania’s banking sector

With the acquisition, Exim Bank becomes the first private sector bank to embark in the consolidation of the banking sector in the country.

Post-acquisition Exim Bank becomes one of the top 5 banks in the country with an asset base of TSh1.7 trillion (USD 738 million).

“We are delighted by the diverse base of customers that will be joining Exim bank family and we assure the customers that we are thrilled to have you on board, and we commit to ensure that you …

Tanzania stands on a viable ground to revitalize its economy and expand production horizons via the effective utilization of its diverse human capital, including investing in both children and adults.…

The next edition of the United States-Africa Business Summit (U.S- Africa) will be held in June 2020 in Marrakech, Morocco, the Corporate Council on Africa (CCA) announced on Monday.

The CCA Board of Directors chose the Kingdom as the host of the 2020 Summit after a strategic process. According to the statement, Morocco having joined the African Union and signing the African Continental Free Trade Agreement, demonstrated its commitment to promote economic development in Africa, making it an ideal destination for the 2020 Summit.

Princess Lalla Joumala, Ambassador of the Kingdom of Morocco to the United States, urged businesses to take advantage of the unique opportunities that will be presented at the Summit. It will be the first time CCA will organize the summit in North Africa.

“As the gateway to Africa, Morocco is committed to increasing business and investment on the continent and is pleased to partner …

The forthcoming Global Business Forum Africa (GBF Africa) in Dubai will feature 40 prominent speakers and 26 interactive sessions.

Among the high-level participants headlining the event are the presidents of Liberia, Zimbabwe and Seychelles and Reem Al Hashimy, Minister of State for International Cooperation and Director-General of Expo 2020 Dubai.

The President of Liberia H.E. George Weah will lead a session entitled “Unleashing Liberia’s Potential” where he will discuss his plans to unlock growth prospects for Liberia and opportunities for young entrepreneurs to become key contributors to the economy.

H.E. Emmerson Mnangagwa, President of Zimbabwe, will join a discussion focusing on potential opportunities to revitalise Zimbabwe and the role that entrepreneurs and investors can play in addressing pressing challenges such as power shortages, water and fuel. He will also venture in the topics of food security, healthcare and job creation.

H.E. Danny Faure, President of Seychelles, will focus on …

Strech lining hemline above knee burgundy glossy silk complete hid zip little catches rayon. Tunic weaved strech calfskin spaghetti straps triangle best designed framed purple bush.I never get a kick out of the chance to feel that I plan for a specific individual.

Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences fly into your mouth.

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the …

There is a widened gap between the skills possessed by youth entering the workforce and the current and emerging needs in Kenya’s job market today. This is according to the ‘Job Entry-Level Skills: Seizing the Moment, Securing the Future’ report by Aga Khan University’s East Africa Institute.

The study, which was conducted in 24 counties and interviewed over 9,000 people – employers and employees, found that the service sector in Kenya is growing fast, far outpacing manufacturing and agriculture which have in the past been perceived to be offering most of the level entry opportunities to Kenyan youth.

The report, however, shows that while youth leaving tertiary institutions and universities may have technical skills, they lack the soft skills that are critical to the operations of the service sector, causing a mismatch between education and the job market.

“Given the distribution of jobs and the skills that employers and youth …

Three years after the Banking (Amendment) Bill, 2016, became law, it is time now for Kenyans to brace themselves for expensive loans.

The law dictated that commercial lending rates could not be more than four per cent above the Central Bank of Kenya (CBK) benchmark rate.

But now, borrowers are at the mercy of the exploitative banking sector after regaining the freedom to vary lending rates.

MPs desert parliament for law to pass

On Tuesday, November 5, 2019, parliamentarians deserted Kenyans giving President Uhuru Kenyatta a victory in his decision to repeal the interest rates cap.

As is the tradition when important matters affecting Kenyans are being discussed, only 161 MPs were present to vote. It is a constitutional requirement that any law that needs amending has to have at least 233 MPs supporting it for it to pass.

By failing to overturn Kenyatta’s reservations on the Finance Bill, 2019, …

TRACE, the global urban music television, and entertainment network have finalized the acquisition of a 70-percent stake in Qwetu Radio for an undisclosed fee.

The deal that commenced with talks in September 2018, now gives Trace a foothold in the highly competitive urban radio entertainment segment in Kenya. Following the conclusion of the acquisition, Trace has now set up its East African hub in Westlands in Nairobi that will be led by Danny Mucira as the MD for the East Africa cluster.

Trace also launched the newly branded Trace Radio 95.3 FM, a music-only radio station. According to Olivier Laouchez, Co-founder, Chairman and Chief Executive Officer of Trace worldwide, the company inherits Qwetu Radio’s estimated 4% market share in the urban music and entertainment category in Kenya.

“Our vision is to increase this, to become the music radio market leader in Kenya by 2022. With Trace Radio 95.3, we are …