Furniture maker showroom scores world-first certification
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- Published on Thursday, 19 December 2013 10:47
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A furniture manufacturer has captured the first worldwide environmental building recognition of its kind, and the company did it in one of the fastest-growing markets on the globe.
Holland-based Haworth, a global maker and seller of office furniture, has earned the planet’s first LEED-certified designation under the U.S. Green Building Council’s new version 4 beta program, the latest standard that USGBC unveiled in July.
The company gained the exclusive LEED Gold rating for its showroom in the Parkview Green building in Beijing.
Read more: Furniture maker showroom scores world-first certification
Kenya firms dominate Africa travel awards
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- Published on Tuesday, 17 December 2013 11:23
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Kenyan companies dominated this year’s Africa World Travel Awards held on Wednesday, raising the profile of the country as the region’s tourist hot spot.
Serena Hotel Group, Kenya Tourism Board, Kenya Airways and Maasai Mara were some of the companies that were feted in the glamorous evening event held in Nairobi.
The awards dubbed ‘The Oscars of the travel industry’ attracted 100 players in the hospitality industry and emerged at a time when Kenya’s tourism sector is battling challenges including security in the wake of the Westgate terror attack.
The sector is also reeling from introduction of a value added or sales tax last month that sent retail price of various items higher and players warn it could affect their prospects.
Kenya Economy to Grow to 5.6 Per Cent This Year
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- Published on Thursday, 28 November 2013 11:49
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THE Kenyan economy is expected to rise to 5.6 per cent by the end of this financial year, National Treasury Secretary Henry Rotich has said.
Last year, the growth reached 4.6 per cent up from 1.6 per cent in the year 2008 after it went drastically due to the 2007 post election violence.
Kenya projects 7 pct economic growth by 2017
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- Published on Sunday, 01 December 2013 14:13
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Kenya expects its economic growth to hit 7 percent by 2017, according to the National Treasury.
The institution notes that the East African nation's economy will grow steadily in the next three years before crossing the 7 percent mark in 2017.
"In terms of fiscal years, economic growth projections translate to 5.9 percent in 2013/2014, 6.3 percent in 2014/2015, 6.6 percent in 2015/2016 and 6.9 percent in 2016/2017," says the Treasury in its Budget Review and Outlook Paper for the first quarter of this financial year received Friday.
Some of the things within the country that will contribute to the growth include improved weather conditions, low inflation and stable exchange rates.
Wood carving in Kenya
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- Published on Thursday, 28 November 2013 11:32
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Wood-carving is an industry that provides income to many households through trade of prized wooden artifacts.
It is estimated that over 6,000 wood carvers in Kenya are engaged in this business with over 250,000 people economically dependent on this growing trade
