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”
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Good news that counties are growing in Own Source Revenues (OSR)
The Controller of Budget (CoB) has noted that Kiambu county was the best in the Own Source Revenue (OSR) collection across the country in the 2023/2024 financial year. The report notes that in the first nine months of the financial year, the OSR collections were Ksh. 3.4 billion, an increase which represents a 27.2 percentContinue reading “Good news that counties are growing in Own Source Revenues (OSR)”
4 ways to adequately fund the EAC
Many programmes of the East African Community (EAC) have stalled due to cash crunch blamed on non-remittance of dues by the member states amounting to over $40 million. Kenya, Tanzania, Uganda and Rwanda have consistently paid up their dues hence keeping the secretariat and other organs running though much more should be done. The budgetContinue reading “4 ways to adequately fund the EAC”
Big relief that the Usahihi – Nairobi Mombasa expressway will finally be done through PPPs
One of the news from the President US visit is the agreement on the construction of the 477 km, 4-6 lane Usahihi Nairobi-Mombasa expressway, which will take some 3-4 years to construct, and reduce travel time between the two towns will be reduced to 4 ½ hours from the usual almost 8 hours. The NairobiContinue reading “Big relief that the Usahihi – Nairobi Mombasa expressway will finally be done through PPPs”
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”
Investments made on Lamu Port part of a greater grand Vision of LAPSSET
Over the last few weeks, media has been abuzz with thenews that theLamu port has received three ultra-modern ship to shore – gantry cranes, the much-needed Super Post Panamax ship to shore (STS) gantry cranes to boost operations at Kenya’s second commercial sea port. The STS are equipped with advanced and modern technology for seaContinue reading “Investments made on Lamu Port part of a greater grand Vision of LAPSSET”
Plan to upgrade Thika Municipality to smart industrial city is welcome
Plans by Kiambu county to upgrade Thika Municipality to a smart manufacturing city is welcome news to Kenyans. Thika town has been nicknamed the “Birmingham” of Kenya because it was at the centre of the industrial revolution in Britain in the 18th century, and is the first manufacturing town in the world with many similaritiesContinue reading “Plan to upgrade Thika Municipality to smart industrial city is welcome”
Three things to show appreciation of our Diasporians as we hold the Diaspora Investment Conference
The Diaspora Investment Conference is going on at KICC from 13th to 15th December 2023 under the theme “Tujenge Kenya: Bridging borders, building futures”. The importance to the Kenyan economy of the diasporians has been demonstrated by the fact that it has overtaken the traditional sources of foreign exchange earner for Kenya as per theContinue reading “Three things to show appreciation of our Diasporians as we hold the Diaspora Investment Conference”
At 60 years old, Kenya is mature enough to find new ways for its development
This Tuesday, 12th December 2023, Kenya marked its 60th anniversary, commemorating the day it become a republic after having been granted internal self-rule in 1st June 1963. At independence, the founding fathers were keen to fight three ills afflicting the country at the time: Ignorance, Poverty and Disease. Tremendous progress has since been made onContinue reading “At 60 years old, Kenya is mature enough to find new ways for its development”
Dr. Daniel Mutegi Giti 