Paradigm initiative condemns new internet tax in Kenya
The Kenyan government has ramped up its attack on internet access as the parliament on Thursday, September 20, approved a measure imposing excise duty on telephone and internet data services.
Kenyatta defies parliament, rejects bill delaying unpopular fuel tax
President Uhuru Kenyatta of Kenya defied parliament by rejecting a finance bill that sought to postpone a widely unpopular tax on fuel that has triggered strikes and public anger.
PDP flays alleged failure to ‘positively’ engage British PM
The Peoples Democratic Party (PDP) yesterday decried what it called “President Muhammadu Buhari’s inability to productively engage British Prime Minister Theresa May.” A development, the party claimed, directly bungled Nigeria’s opportunity to draw maximum economic dividends from her visit. In a statement by its national publicity secretary, Kola Ologbondiyan, PDP expressed deep concerns “that President…
Tony Elumelu Foundation announces October 25 for entrepreneurship forum
The Tony Elumelu Foundation (TEF) has announced October 25, 2018 as the date for its 4th annual TEF Entrepreneurship Forum.
Africa50 fund gathers momentum as new catalyst for continent’s growth
It must be music to the ears of anyone interested in the rapid growth and industrialisation of Africa’s economies.In just three years since its take-off with a mandate to mobilise public and private sector finance to build Africa’s all-important infrastructure, the Africa50 fund has gathered momentum, with a growing portfolio of projects and capital base.
Kenyatta commends Elumelu’s $100m African entrepreneurs’ scheme
Kenya’s President, Uhuru Kenyatta, has commended Nigeria’s entrepreneur and philantropist, Tony Elumelu, for the $100 million commitment by his organisation to identify, fund, train and ultimately empower 10,000 African entrepreneurs.
Kenya president, opposition leader pledge reconciliation
President Uhuru Kenyatta met opposition leader Raila Odinga in public on Friday for the first time since last year's hotly-disputed elections, with the pair promising to heal the country's divisions.
Kenya’s economy to expand by 5.8% this year, says finance ministry
Kenya’s economy is likely to grow 5.8 percent this year, recovering from drought and political uncertainty that pushed growth down to an estimated 4.8 percent in 2017, the finance ministry said. Economic output in the East African nation, which relies on farming and tourism, grew 5.8 percent in 2016. The Finance Ministry said in its…
OP-ED: ‘People’s president’ gambit reignites power struggle as old as Kenya
In what some have called a coup, Kenya’s opposition leader Raila Odinga was hastily sworn in in a mock ceremony as the “people’s president” by two lawyers in the presence of a sizeable crowd.