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Our Economy Needs Fast Radical Surgery

Recently, a man walked up to me one morning and asked me if I could give him some menial job. He said his children had not taken breakfast and he did not have any money. He looked destitute and in need...

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Adverts Should Evoke Emotional Connection

Frank Maina’s article, ‘We Must Change How We Manage Sponsorships’ on February 16th was spot on! We must stop to establish a common understanding of what sponsorship is and what it seeks to accomplish....

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Mentorship is helping small firms to plan well

LB Energy founder Owen Muhiu says business mentorship revolutionized his energy-saving startup For Owen Muhiu, founder LB Energy, having a business mentor on hand has made a huge difference in the...

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How board metrics can help a firm avoid trouble

A board of directors or board of governors of an institution is the top administrative apex of an organisation. It represents the bird’s view of an organisation. It is like how the father and mother...

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Piracy a threat to Innovation and Economy

Artists, inventors, musicians, doctors, computer scientists. Behind every innovative, life-changing product or idea stands an imaginative, inspired person willing to do what it takes to see it through...

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The Financial Aspects Of A Devolved System

The next general elections will see Kenyans elect the county assemblies and governors. This will make establishment of devolved government a reality as envisioned in the new constitution. With...

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Enhancing Kenya’s competitiveness key to growth

Kenya has made remarkable improvement in economic performance in the recent past. In the year 2010 per capita income of Kenyans exceeded the levels registered in 1990. Kenya is in path of economic...

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New VAT Law Is A Money Machine For Government

The implementation of the long awaited new VAT law is in the offing if the step taken by the Finance Minster during his presentation of this year’s budget statement is anything to go by. Following the...

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Kenyans Need To Benefit From Trillion Budget

The 2012/2013 budget at a whopping Sh1,45 Trillion like in all previous years does NOT support the building of a fair and inclusive society; one year from today, poor Kenyans will remain just that;...

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CBK rate cut is not instant solution for lending rates

The Central Bank of Kenya (CBK)’s Monetary Policy Committee (MPC) recently lowered the benchmark Central Bank Rate (CBR) by 150 basis points, from 18 percent to 16.5 percent. Following the decrease, a...

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Peacefull Polls Key To Growth

According to the latest KRA taxpayers’ list, the top 10 taxpayers in the country paid a total of Sh115 billion in tax during the 2011/2012 financial year, which is equivalent to 17 per cent of revenue...

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KQ court ruling unacceptable in the 21st century

The Kenya Private Sector Alliance, the umbrella body of the private sector notes with concern the recent court decision reinstating the 447 KQ staff laid off in the company’s recent restructuring. As...

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How to avoid falling prey to ATM fraudsters

While electronic transactions are on the rise, many cardholders still regularly go to the ATM to withdraw cash for smaller transactions like paying for public transport or purchasing groceries in the...

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A Cashless Society Is The Way Forward

When the first credit card was introduced in 1946, and the debit card in 1978, the world began its transition to a cashless society. Fast forward to today and the use of these cards has grown...

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SME taxation still a major global task

International experience has proved that taxation of the Small and Micro Enterprises is a challenge to all tax administrations world wide. The case is more challenging in the developing countries which...

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Tax Relief Could Help Cut Kenya's Huge Wage Bill

One of the key agenda for the government is to curb the increasing wage bill in the country to ensure that Kenya's labour cost is sustainable and competitive to attract more local and foreign...

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Salary Debate Diverting Focus On Other Issues

The controversial issue on country’s huge wage bill has received nationwide attention if the recent opposition to raising the pay for the members of the National Assembly is anything to go by. As the...

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Procurement Laws Review Key To The Success Of Devolution

Recently we have seen an increasing clamor by the County Governments for all the functions to be transferred to them and requests for additional funding from the National Government. Governors are on...

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Westgate's Aftermath Will Affect Investment In Kenya

The harrowing events at Westgate played out across our screens like scenes from a terrible horror movie, touching our collective psyche as a country. This act of terrorism did not just affect the...

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Breathing New Life Into State Corporations

The appointment of a Taskforce to make recommendations on reforming parastatal sector by the President is laudable. As a matter of fact parastatals play critical roles in Kenya’s economic growth and...

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