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Trade and Investment

Public services offered by teachers and health personnel are below expectation, says World Bank

By Ben Kinyanjui

Teachers and health professionals offering services in the public service should improve their performance, a new survey released by the World Bank Friday reveal.Teachers are asking for better pay from TSC chief Gabriel LengoboiniTeachers are asking for better pay from TSC chief Gabriel Lengoboini


It says, while Kenya has made tremendous progress recently by reducing child mortality and getting more children into school, the quality of public education and health services is essential to build on these gains.

Kenyan economy grew 5.2 per cent in first quarter boosted by construction and agricultural sector

By Ben Kinyanjui

The economy grew by 5.2 per cent during the first quarter of 2013 compared to 3.9 per cent recorded during the same quarter of 2012.Agricultural sector did well in first quarterAgricultural sector did well in first quarter

The construction was the main driver recording a 13.5 per cent growth compared to 3.1 per cent during a similar period last year. The agricultural sector also recorded improved performance mainly due to favourable weather conditions.

Kenya shilling lose grip in EAC as pressure from importers persist

By TF News Reporter

The Kenya shilling depreciated against major currency in the East African Community (EAC) as pressure from importers continues.U.S President Barack Obama's visit to Tanzania a boost to economyU.S President Barack Obama's visit to Tanzania a boost to economy

The shilling appreciated marginally against the Burundi Franc but depreciated against all other EAC currencies to trade at an average of Ush30.22, Tsh18.96, RWF 7.44 and BIF 18.19 compared to an average of Ush30.36, Tsh19.17, RWF 7.58 and BIF 18.18 during the week ending June 20.

Rate of inflation increase due to higher food prices

By Ben Kinyanjui

Kenya’s inflation rate rose to 4.91 per cent in June from 4.05 per cent in May mainly due to increase in food prices.Tomatoes prices have fallen but inflation is increasingTomatoes prices have fallen but inflation is increasing

“The marginal increase in the index was as a result of several food commodities prices raising faster than those that were falling,” says the Kenya National Bureau of Statistics (KNBS).

Kenya emerge best in economic management in East African region

By Ben Kinyanjui

Kenya has recorded significant progress in improving policies and institutions for growth and poverty reduction, according to a new World Bank assessment.Retired President Mwai Kibaki played a key role in economic growthRetired President Mwai Kibaki played a key role in economic growth

The assessment report says Kenya is ranked top, with Cape Verde, in Sub-Saharan Africa on the latest World Bank Country Policy and Institutional Assessment (CPIA), which rates the performance of poor countries.

Infrastructure, agriculture and devolution given more money in budget 2013/2014

By Ben Kinyanjui

President Uhuru Kenyatta pledges for free maternal health care in public health facilities and youth employment got a boost when National Treasury cabinet secretary Mr Henry Rotich allocated billions of shillings to meet those expenditures.Agriculture remains the backbone of the economyAgriculture remains the backbone of the economy

Mr Rotich allocated Sh3.8 billion for free maternal health, Sh1.2 billion to construct housing units for health officials, Sh700 million for health access in health centres and dispensaries as well as Sh1 billion for lease financing of health care equipment.

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