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Opinion

We will deliver all our pledges to Kenyans, assures President Uhuru Kenyatta

By Uhuru Kenyatta

Your Excellency Mwai Kibaki, CGH, MP; Your Excellency Daniel arap Moi; Your Excellencies, Visiting Heads of State & Government; Chief Justice Willy Mutunga; Invited Guests; Fellow Kenyans,President Uhuru Kenyatta took office on TuesdayPresident Uhuru Kenyatta took office on Tuesday

Let me begin by thanking all heads of state present and the representatives of heads of state for choosing to be here as a symbol of your continued support and goodwill towards Kenyans. I particularly note, with gratitude, the large presence of our brothers and sisters from across the continent. This is a clear indication of your commitment to the Pan-African agenda. You have bestowed a great honour on me and our country by being here.

A world free of poverty is within our grasp, says World Bank President

ByJim Yong Kim

 

I’m here today to talk to you about the future, about the opportunity to create a world free from the stain of poverty and economic exclusion.World Bank Chief Jim Yong Kim says poverty can be eradicatedWorld Bank Chief Jim Yong Kim says poverty can be eradicated

 

My message to you is that such a world is within our reach. But if we are to succeed, we have to make some hard decisions and change the way we work together.

Problems facing Port of Mombasa goes beyond the managing director

By Jonathan Mturi

As someone who has been closely and professionally associated with ports and shipping for the past 43 years both locally and internationally I feel constrained to add my voice to the rather unfortunate ongoing debate on the position of Managing Director of the Kenya Ports Authority (KPA). Mr Jonathan Mturi (left) former KPA boss chat with former Transport minister Ali MwakwereMr Jonathan Mturi (left) former KPA boss chat with former Transport minister Ali Mwakwere

For some strange reasons the post of managing director of the KPA is by far the most politicised job in the country. The KPA came into being in January 1978 following the breakup of the East African Community.

The Nairobi Securities Exchange opens door to small and medium sized enterprises to raise capital through the capital markets

By Paul Muthaura

This Growth Enterprise Market Segment is geared at supporting mid-cap companies’ strategic aspirations by providing them with access to risk capital through the capital markets. SMEs becoming the focal point of economic developmentSMEs becoming the focal point of economic development

Through this market, these firms will be able to raise substantial initial and ongoing capital, whilst also benefiting from increased profile and liquidity, within a regulatory environment designed specifically to meet their needs.

Peaceful elections and focused economic policies key to faster growth, says senior World Bank official

By Wolfgang Fengler

As 2012 draws to a close, it is a good time to reflect on the past year and look ahead. As it turns out, 2012 was a pretty average year for Kenya, mainly because the much anticipated national and regional elections, which will determine the course of the nation and its economy for years to come, were postponed to March next year.WB lead economist Wolfgang Fengler says economy still faces threats in 2013WB lead economist Wolfgang Fengler says economy still faces threats in 2013

Why do I say that 2012 was such a normal economic year for Kenya? Let’s rewind 12 months back. Kenya was facing major economic challenges: inflation stood at almost 20 per cent, exchange rate was volatile and public debt increased markedly due to weakening shilling.

Development aid can alleviate poverty but recipient countries need to be on the driver's seat.

By Axel Van Trotsenburg

The World Bank’s fund for the poorest, IDA, was created more than 50 years ago to meet an urgent need—to make sure the world’s most vulnerable have a real chance at a decent life. A lot has happened since then.

Development aid can be used to fight poverty and meet MDGsDevelopment aid can be used to fight poverty and meet MDGs

With IDA’s help, hundreds of millions of people have escaped the vicious cycle of abject poverty—through the creation of jobs, access to clean water, food security, schools, roads, electricity.

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