Kenya: World Bank Predicts 4.9 Percent Growth
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- Category: Consumer & Household
- Published on Tuesday, 22 January 2013 08:43
- Written by Super User
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The World Bank predicts that Kenya’s economic growth will remain moderate in the face of a flat global growth prospect.
In its global economic prospects released last week, the World Bank forecasts that Kenya’s GDP will peak at 4.9 per cent this year, way below its peers in the sub-Saharan Africa region.
KPLC in the spotlight as economic conditions improve
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- Category: Consumer & Household
- Published on Thursday, 17 January 2013 11:40
- Written by Super User
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All eyes are on utility company Kenya Power as it compiles electricity bills for this month, with consumers expecting lower bills given the falling prices of fuel, low inflation, and a stable foreign exchange rate.
Further, increased rainfall in parts of the country in the past few weeks has increased opportunities for cheaper hydro-generated power as opposed to the more expensive thermal power.
Read more: KPLC in the spotlight as economic conditions improve
Kenyan Gospel Star Launches Mobile Service Provider
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- Category: Consumer & Household
- Published on Monday, 10 December 2012 12:07
- Written by Super User
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Tomorrow, Gospel singer SK Blue will launch an SMS service for his company, Sakata Media. Dubbed Sakata Mobi, it is working as a premium rate service provider that provides recorded information for subscribers of a network or live conversation for callers.
These services will be channelled through SMS short codes or special numbers leased by network operators to PRS providers.They can also be used for short-term promotions or campaigns.
Read more: Kenyan Gospel Star Launches Mobile Service Provider
13 Young African Business, Economic Leaders To Watch in 2013
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- Category: Consumer & Household
- Published on Monday, 07 January 2013 07:31
- Written by Super User
- Hits: 2285
It was American football coach, Vincent Lombardi that said, “Leaders are made, they are not born. They are made by hard effort, which is the price which all of us must pay to achieve any goal that is worthwhile.†Today, there are many young Africans blazing trails across the continent and globally –  new breed, cosmopolitan Africans, shaping Africa’s future. Their social/business activities in one way or the other illuminates the potential that will shape the business and economic future of Africa.
Read more: 13 Young African Business, Economic Leaders To Watch in 2013
Co-Operative Bank Signs Sh5 Billion Deal to Boost SMEs
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- Category: Consumer & Household
- Published on Thursday, 06 December 2012 11:05
- Written by Super User
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Cooperative Bank has signed a Sh5.1 billion ($61 million) loan agreement with the International Finance Corporation (IFC) to increase its credit to Small and Medium Enterprises in the country.
The bank’s Managing Director Gideon Muriuki said the loan which has a tenure of seven years will also be used to support agriculture projects.
Read more: Co-Operative Bank Signs Sh5 Billion Deal to Boost SMEs
