The Cabinet has prioritized the construction of the Nairobi (Rironi)-Nakuru road starting next in the next few months through Public Private Partnerships (PPPs) to ease the burden of travelers and road users of this busy and equally important road corridor. Traffic gridlocks and other incidents are a normal occurrence along the highway and hence thereContinue reading “Nairobi-Nakuru-Nakuru road can successfully be done under Public Private Partnerships”
Tag Archives: economy
Let make PPPs work for Kenya
The Treasury is in the process of contracting out professional services to review the suitability of the processes used to identify Public Private Partnerships (PPP) deals in the country. Experts believe that the processes and systems used for the PPP projects in Kenya have inherent challenges which requires the review and necessary strategies to makeContinue reading “Let make PPPs work for Kenya”
Incentivize the construction sector for the socio-economic development
The construction sector contracted for the first time in eleven years, where its output fell by 2.9 percent in the quarter ended June 2024 is worrying, and calls for measures to incentivize it. Construction sector drives socio-economic growth globally, hence Kenya Vision 2030 development blueprint, which aims to transform Kenya into a newly industrializing, “middle-incomeContinue reading “Incentivize the construction sector for the socio-economic development”
Kenyan diasporians doing us Proud
The latest Central Bank of Kenya (CBK) shows that Kenyans living and working abroad sent home $ 2 billion or Ksh. 258.9 billion during the first five months of the year 2024, which was an 18.9 percent jump from the inflows of the similar period last year. Though the tradition high diaspora source destinations areContinue reading “Kenyan diasporians doing us Proud”
How to tackle Kenya’s economic challenges
The Ksh. 4.1 trillion or $31 billion 2024/2025 financial year budget statement presentation on Thursday 13th June 2024 is monumental amidst the concerns of Debt to Gross Domestic Product (GDP) ratio expected to hit 67.50 percent at the end of 2024 according to the Trading Economics Global Macro models and analysts’ expectations; and the publicContinue reading “How to tackle Kenya’s economic challenges”
Fund local research and innovation
Revelations that over 70 percent of the research carried over in Kenya, including by the Kenya Medical Research Institute (KEMRI) has been funded by donors, which denies the country the much needed and valuable intellectual property rights, data ownership. There is need to ensure adequate domestic research funds mobilization and funding so that we canContinue reading “Fund local research and innovation”
Parastatal reforms good idea
The country has over 450 parastatals or State-Owned Entities (SoEs), out of which are commercial and others are non-commercial. Parastatals are necessary for effective performance by the government because they are responsible for certain elements of public service and delivery. To illustrate the power of parastatals and SoEs, their share in the top 500 globalContinue reading “Parastatal reforms good idea”
Dr. Daniel Mutegi Giti 