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Warehouse shortage could hurt Kenya’s economic growth

Almost a fifth of manufacturers in Kenya have lost sales in the past five years on a warehousing shortage that is getting sharply worse, according to research released today by mega-city developer, Tilisi Developments Limited. A detailed survey of 56 companies in Kenya, spanning manufacturing, pharmaceuticals, horticulture, logistics and retailers, found that 16% had sought new warehousing in 2017/2018, with a rising proportion failing to find any solution. The search levels represented a sharp jump from the previous…

Hospitality has the potential to create significant economic growth

The sector has the capability to transform regional economic development and contribute heavily on the Kenya’s Vision 2030 economic and macro pillar. It has in deed remained the largest service industry globally, accounting for nearly 10 percent of global GDP. Nearly 293 million jobs, or one in eleven jobs around the world, are within the tourism and hospitality industry.

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Consumers in developing countries most affected by high spectrum prices; study

By Ben Oduor   A new study by GSMA has revealed that spectrum prices in developing countries are (on average) more than three times higher than in developing countries, when income is taken into account. Titled; Spectrum prices in developing countries’, the study, released on Tuesday at the ‘Mobile 360- Africa conference in Kigali, said the high spectrum pricing- which relates to charges on radio frequencies allocated to the mobile industry and other sectors of communication over the airwaves- has become a major…

Bank of Africa appoints new Bosses

The CBK’s approval paves the way for Bank of Africa to confirm Mary Mulili Mwende as the General Manager Business Development, Jeanne Olger Waluchio as the Head of Human Resources and Ian Ndenderu Mburu as the Head of Corporate Banking.

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