Browsing: President Uhuru Kenyatta

African Trade

As far as where to put money is concerned, Kenya has numerous investment sectors with tremendous potential. The prospective stability and economic recovery expected under the new administration will no doubt make way for the realization of huge money investments in the countries.…

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Analysts believe the economic footprint is a mixed bag nine years later, as Kenyatta prepares to relinquish power. www.theexchange.africa

While massive and spectacular infrastructure projects seem to point that East Africa’s largest and most vibrant economy remains in the right direction, increasing state debt, soaring fuel and commodity prices and high unemployment threaten to water down the economic footprint of Kenya’s fourth president Kenyatta.…

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  • President Uhuru Kenyatta has achieved a lot in his tenure as the Chair of the East African Community, EAC Secretary General Peter Mathuki has said
  • Mathuki pointed out that other key achievements of President Kenyatta as the EAC chair include the admission of DR Congo into the community
  • Mathuki said President Kenyatta’s tenure as the EAC chair also saw the implementation of the common external tariff that discouraged the importation of goods that could be produced locally

President Uhuru Kenyatta has achieved a lot in his tenure as the Chair of the East African Community, EAC Secretary General Peter Mathuki has said.

Speaking ahead of the 22nd Ordinary Summit of the East African Community (EAC) Heads of State in Arusha, Tanzania, Mathuki pointed out that other key achievements of President Kenyatta as the EAC chair include the admission of DR Congo into the community.

“DRC is a full member …

DRC in the EAC. The world's best placed economic bloc?  www.theexchange.africa

The poor roads in the DRC and the level of insecurity in the country make it difficult and costly to move these mineral resources to the Atlantic port. This makes DRCs decision to join the EAC their most viable option. 

A state-owned shipping line from the Congo, the Lignes Maritimes Congolaises (LMC), has already set base in Kenya and plans to start its operation in Mombasa starting this June. 

The shipping line seeks to channel more exports and imports goods through the port of Mombasa. …

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Kenya and Tanzania economic gains from friendly diplomatic relations. www.theexchange.africa
  •  The current president of Tanzania is actively pursuing a foreign policy distinct from the one pursued by the late Magufuli, who served as president before her.
  • Kenya and Tanzania agreed to boost their bilateral ties during the visit of President Samia, marking the conclusion of a challenging chapter marked by trade barriers and border tension.
  • One year after President Samia Suluhu took office, a “softening” of Tanzania’s borders with Kenya, a reduction in non-tariff hurdles, and resolution to bilateral issues have resulted in higher commercial growth in both countries.

Previously strained relations between Kenya and Tanzania

Owing to their strained relationship, Kenya and Tanzania have not realized their goals of establishing a free trade zone for many years. The problems originated from several sources, including the closing of borders, the restriction of collaboration and the free movement of goods and services, the introduction of additional taxes, and the

No Regulations for Asset Financing Firms

Currently, Kenya has one of the world’s highest rates of road-related deaths, with 26.6 deaths per 100,000 people, which is likely only to increase as it is believed that by 2030, road traffic accidents will account for more deaths than AIDS in low- and middle-income countries.

Motorcycles have also been linked to crimes. Lax regulations have seen contract killers, drug peddlers, robbers, rapists, con artists, and petty thieves establish a home in the sector.

The Government of Kenya has suspended the violent police operation against all boda boda riders after the horrible Forest Road attack on the lady driver who was involved in an accident with a boda boda.

President Uhuru Kenyatta directed a security crackdown across the country to wipe out rogue motorcycle operators from the boda boda sector following the recent assault of a motorist along Wangari Maathai Road, Nairobi.…

President Uhuru Kenyatta encourages investors to invest in the country. www.theexchange.africa

According to the Mohamed Ali Al Shorafa Al Hammadi, Khalifa Fund, and the Abu Dhabi Department of Economic Development Chairman, the directive of Sheikh Mohamed bin Zayed Al Nahyan to establish a centre for innovation and tech-focused entrepreneurship in Kenya comes as part of the UAE’s ongoing commitment to contribute towards empowering talented innovators and entrepreneurs globally.

“With centres such as these, we provide entrepreneurs with resources, support and guidance to contribute to their local and global economy, bringing about positive economic implications and security,” Al Shorafa said.

He added that the collaboration between the United Arab Emirates and Kenya through the Khalifa Fund would see Kenya having the same levels of achievement as has been experienced in the United Arb Emirates.…

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  • Kenya’s President Uhuru Kenyatta has unveiled the Universal Health Coverage (UHC) national scale-up and called on Kenyans to register for the National Health Insurance Fund (NHIF)
  • Kenyatta said the programme was started in the country in 2013 with the highly acclaimed free maternity programme dubbed “Linda Mama”, which currently benefits over one million mothers annually
  • On health infrastructure, President Kenyatta said the government’s investments since 2013 had seen an increase of 43 per cent in public health facilities from a stock of 4,429 facilities in 2013 to 6,342 currently

Universal Health Coverage for Kenyans

Kenya’s President Uhuru Kenyatta has unveiled the Universal Health Coverage (UHC) national scale-up and called on Kenyans to register for the National Health Insurance Fund (NHIF).

The President affirmed the government’s commitment to spreading the benefits of UHC across the country through the development of a focused policy to accelerate its implementation.

“My administration has developed …