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Focus

Can Kenya avoid the resource ‘curse’ as it develops mining sector?

Sunday, 19 February 2017 11:54

By Ben Kinyanjui

The impending showdown between mining Cabinet Secretary Najib Balala and Cortec mining company over cancelled licenses is likely to trigger heated public debate on the future of mining in the country.Kenya must avoid pitfalls of other African countriesKenya must avoid pitfalls of other African countries

The creation of a stand-alone mining portfolio by President Uhuru Kenyatta when he formed his government in May was a clear signal that it would not be business-as-usual where prospecting mining companies come in, get licenses and start operations.

Kenya Petroleum Refineries Limited: A lost opportunity?

Sunday, 19 February 2017 11:54

By TF News Team

A meeting of the Heads of State from the East African Community (EAC) in Kampala six years ago directed the Arusha-based secretariat to develop a strategy on refineries in the region.East African region requires new refinery after oil discoveries in Kenya and UgandaEast African region requires new refinery after oil discoveries in Kenya and Uganda

 

During that period, Uganda, Tanzania and Kenya had scaled up oil exploration in the region with oil findings now confirmed in Uganda and Kenya while Tanzania discovered huge deposits of natural gas.

Pressure to close Mombasa-based oil refinery intensifies

Sunday, 19 February 2017 11:54

By Ben Kinyanjui

Call them whatever you want Mr Suleiman Shakombo but they seem determined to have the Kenya Petroleum Refinery Limited (KPRL) closed down this time round. But they cannot just do it if you convince the new government that it is still a viable investment.Pressure is piling on KPRL board to upgrade or close down refineryPressure is piling on KPRL board to upgrade or close down refinery

However, a walk done memory lane will tell you that time is running very fast for the only facility left in the East African region. A similar facility in Dar-es-Salaam closed shop some 15 years ago.

Parastatal chiefs top President Kenyatta's list of principal secretaries

Sunday, 19 February 2017 11:54

By Ben Kinyanjui

 

Engineer Joseph Njoroge was early last month at pains to explain why the Kenya Power and Lighting Company (KPLC) that he heads should be allowed to hike power charges in order to raise more money for investment.Eng Joseph Njoroge (left) confers with outgoing Energy PS Mr Patrick NyoikeEng Joseph Njoroge (left) confers with outgoing Energy PS Mr Patrick Nyoike

On the receiving end were the manufacturers who were are arguing that higher power tariffs come July 2013 would drive them out of business. Eng Njoroge could not understand but now he has no choice but to understand.

President Uhuru Kenyatta inherits an economy running on one engine

Sunday, 19 February 2017 11:54

By TF News Team

Kenya’s economic growth is expected to exceed five per cent this year but most of this growth will come from domestic consumption and not exports of goods and services.Imports are increasing but exports are on a steady declineImports are increasing but exports are on a steady decline

For almost a decade now, domestic consumption has driven the economy as the ‘export engine’ has stalled due to infrastructural bottlenecks and poor policy coordination.

President Uhuru Kenyatta’s government must fix energy sector to attain double digit economic growth

Sunday, 19 February 2017 11:54

By TF News Team

 

President Uhuru Kenyatta government must address the high cost of electricity that remains the biggest challenge facing the manufacturing sector in the country today.Kenya is still using expensive emergency power Kenya is still using expensive emergency power

The pending tariff review by the utility provider Kenya Power and Lighting Company (KPLC) to the Energy Regulatory Commission (ERC) seeking to increase the costs further can only make it harder for the under performing sector.

No time to celebrate for cabinet secretaries

Sunday, 19 February 2017 11:54


By TF News Team

Appointments to the cabinet in the previous governments of retired presidents Daniel Arap Moi and Mwai Kibaki were always associated with jubilation by appointees’ supporters and friends. In most cases it was seen as a reward to an entire community.Ms Charity Ngilu to spearhead land reformsMs Charity Ngilu to spearhead land reforms

However that seems to have changed with the entry of President Uhuru Kenyatta and his deputy William Ruto. Few of those appointed seemed very excited. Congratulatory messages have also been limited. Even the two seasoned politicians on the list; Najib Balala and Charity Ngilu betrayed any no strong emotions.

Challenges that face President Uhuru Kenyatta cabinet

Sunday, 19 February 2017 11:54

By TF News Team

During his last speech before he handed instruments of power to President Uhuru Kenyatta early this month, former President Mwai Kibaki said the country was ready for an economic take-off and that burden falls squarely on the president and his deputy William Ruto.Mr Najib Balala has to tackle cartels in mining sectorMr Najib Balala has to tackle cartels in mining sector

And the ‘able duo’ according to Kibaki has picked some of the best brains in the country to serve as cabinet secretaries and take the country to the envisaged middle income state by 2030. Parliament is expected to vet and endorse them in the coming week.

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