Banks raise interest on lending
The overall cost of loans pegged by commercial banks increased to 16.3 per cent in the year ending November 2013, compared to 15.8 per cent in 2012, largely due to high rates offered for …
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manufacturing Archive
More Productive Jobs for Africa’s Youth Vital for the Region’s Economic Progress, says New WB Report
WASHINGTON, January 27, 2014 – With more than half of Sub-Saharan Africa’s population now under the age of 25, and as many as 11 million young Africans expected to join the labor market every year for the …
700m/- job plan to create 6,400 jobs
The National Housing Corporation (NHC) and two public institutions have come up with an ambitious 700m/- social corporate responsibility plan that will help create 6,400 jobs for...
Do not rely too much on agriculture, says Kibaki
Retired President Mwai Kibaki has said the national economic blueprint Vision 2030 has set a new benchmark for Kenya’s take-off into a modern society. Retired President Mwai Kibaki Kibaki said the discovery of minerals …
Global challenges and prosperity of sports clothing business
The global retail sports apparel industry has grown rapidly over the last five years and is expected to continue that trend because of increased demand for sports-style apparel and favorable demographic conditions for the forthcoming period. The …
UPE boosts EA’s targets in education
The EAC Heads of State summit is taking place in Kampala this week. The EAC Heads of State will be expected to, among others, approve and sign the Protocol for the Establishment of the …
Interview: Private sector will leverage ‘Transform Africa’ meet to spur industry – PSF boss
Rwanda is this week hosting Transform Africa Summit, a high-level conference on ICT. Namara (L) during the interview with this paper last week. The New Times/ Timothy Kisambira. The Private Sector Federation chief executive …