Mozambique once refused to pay its debts and yet it still exists today. Why? Because debt acquired without the consent of the people, for purposes that do not serve the people, is odious. It is not a national obligation but a private liability of those who contracted it.
Kenya
Facts James Mwangi once told us the headquarters of Equity Bank in Upper Hill is leased,instead of paying 5 billion cash for that building he’d rather put his money in circulation in other more rewarding ventures and pay the lease rather than buying the building and land. We are
NSE has delivered the 3rd highest dollar returns in Africa this year at 38%, behind Morocco (50%) and Nigeria (39%).
This was driven by a rally in blue-chip stocks like Safaricom, StanChart, Co-op Bank, KenGen, KCB, and Equity.
Your Excellency President Ruto, as you fly by private jet and tour Ethiopia, the story of Kenya Airways versus Ethiopian Airlines is striking.
In 2006, Kenya Airways was ahead:
1. Passengers: 🇰🇪 2.6M vs 🇪🇹 2.1M
2. Destinations: 🇰🇪 42 vs 🇪🇹 49
3. Fleet: 🇰🇪 21 vs 🇪🇹 33
4. Staff:
Kasarani police station is the only police station where all policemen are traffic officers. At all times there are like 15 policemen outside cashing on bribes along the Kasarani-Mwiki road.
How does Ruto feel when Ethiopia's PM is launching the GERD, the largest hydropower source in Africa, while he pocketed the whole Arror Kimwarer dam money?
Machakos people nearly fainted yesterday after discovering that a househelp was not only dusting furniture but also “testing voltage” from her boyfriend’s transformer right inside her boss’s house! The landlady of the drama said she received a shocking call from a neighbor.
Manufacturers are warning that high and unpredictable taxes are making it very hard to invest in Kenya.
A new report reveals that start-ups face license costs of Sh100,000–200,000, while bigger companies deal with constant tax blocks, making business costly and challenging
President William Ruto’s administration spends at least Sh200 million daily, nearly Sh1 billion weekly, to host delegations from across the country at State House