Ministry of Agriculture director of crops Johnson Irungu says the grain basket counties of Uasin Gishu and Trans-Nzoia have been hit by the lack of rain at a critical stage when the maize crop requires moisture for grain development. “We are looking up to 20 per cent yield losses with the current situation. If it doesn’t rain soon, then it will be disastrous,” said Dr Irungu in an interview with the Business Daily. Maize crop in the North Rift has reached the tussling stage where the cob requires rain to allow grain filling. The erratic rain comes as the regions smart from the crop-eating caterpillars known as fall armyworms that ravaged parts of North Rift, especially Trans-Nzoia.
June 26, 2017 18:20 UTC
“The 12-month project is expected to increase access to finance for the Co-operative Banks (sic) SME and Women markets clients through strengthening the Banks (sic) capacity to serve them,” said the IFC. Under its Africa Micro, Small and Medium Enterprise (AMSME) programme the IFC provides cheap credit for onward lending to African banks. The IFC, World Bank’s private lending arm, says it has so far disbursed Sh14 billion ($140 million) under the AMSME programme to 18 banks in 13 African countries. Last year, Co-op received Sh10.7 billion ($105 million) from the IFC for lending to SMEs, women and housing sector investors. The IFC has also extended financing to other lenders including the Diamond Trust Bank #ticker:DTK, Equity Bank #ticker:EQTY, and NIC Bank #ticker:NIC.
June 26, 2017 18:20 UTC
The anniversary came only a day after the African football champions were knocked out of the Fifa Confederations Cup in Russia on Sunday , thanks to a 3-1 loss to Germany. Related Content Chile book Portugal clash at Confed CupThe Indomitable Lions were playing in the Confederations Cup this year for the first time since Foe’s shocking demise. Foe ‘was present’ in Cameroon’s finest hour when they won their fifth continental title in Gabon earlier this year. 17, were handy and the team members wore them immediately after they emerged champions as they enjoyed their title celebration and Confederations Cup ticket. Foe had made 62 appearances with the Cameroon national team, scoring eight goals in 10 years.
June 26, 2017 18:11 UTC
| Updated Tue, June 27th 2017 at 00:00 GMT +3A cross-sectional photo of the fast growing Nairobi's Upperhill area as seen in this picture taken on 27th September, 2016. Picture; Jacob OtienoEconomists have revised their view of Kenya's economy, owing to slower growth, high inflation and political uncertainty ahead of the August 8 elections. Panelists at FocusEconomics, who do monthly review of 13 leading Sub-Saharan economies, have revised their growth forecast for the country downwards by 0.1 percentage points from last month’s estimate. “For 2017, FocusEconomics Consensus Forecast panelists see GDP expanding 5.2 per cent before picking up slightly to 5.6 per cent growth in 2018,” they said in their monthly bulletin. Political uncertainty around the August polls, they added, could also dampen business sentiments and delay investment decisions.
June 26, 2017 18:02 UTC
| Updated Tue, June 27th 2017 at 00:00 GMT +3Budalangi Sigiri Bridge collapsed days after president Uhuru Kenyatta inspection PHOTO:STANDARDThe Sh1.2 billion Sigiri Bridge, under construction in Budalang'i constituency, Busia County, collapsed in unclear circumstances. Some 27 workers were injured when the bridge came down tumbling in the morning incident. County Police Co-ordinator Elisha Odhiambo warned members of the public against approaching the collapsed bridge, which was due for completion next month. The incident comes 11 days after President Uhuru Kenyatta and his deputy William Ruto inspected the bridge being built by China Overseas Engineering Co. "The embarrassing collapse exposes the fact that the Sh1.2 billion was for siphoning off public funds rather than putting up a quality bridge," said NASA National Campaign Committee member Kibisu Kabatesi in a statement.
June 26, 2017 18:00 UTC
I think I can safely say that most Kenyans will run for cover when they look at the Jubilee Manifesto and see that they are being offered more of what Jubilee has been up to these past five years! I know that even diehard Jubilee supporters are deeply aggrieved by the Jubilee record, ravaged as even they have been by grossest and most public corruption in the history of our country. In choosing that title, Jubilee and President Uhuru Kenyatta have confirmed once again how much out of touch they are with the needs of ordinary Kenyans. Kenyans know that their major afflictions are not due to acts of nature! The Manifesto also tells us what Jubilee will do in the next five years if they win.
June 26, 2017 18:00 UTC
| Updated Tue, June 27th 2017 at 00:00 GMT +3photo:courtesyRetirement Benefits Authority (RBA) has proposed radical reforms in the pensions industry that could see employees stopped from accessing their pension contributions before retirement altogether. Currently, members of pension funds access up to 75 per cent of their benefits when they change employers. “This kind of practice is eroding the ability of fund managers to make long-term investments and guarantee sure returns to their members,” said Mr Mutuku in an interview. “I have seen eight pension funds have already put money in a certain private equity firm. “We have a big housing crisis and I would like to see pension funds put money in real estate to solve this crisis.
June 26, 2017 17:48 UTC
By JOSEPH WANGUIMore by this AuthorIn a bid to make inroads in central Kenya, ODM has fielded gospel musician Christopher Kiruta to vie for the Mathira parliamentary seat in Nyeri County. In the 2013 General Election, ODM party leader and presidential candidate Raila Odinga — now Nasa coalition flag-bearer — garnered 5,638 votes in Nyeri as President Kenyatta got close to 320,000. Mr Odinga got 339 votes in Tetu Constituency, 2,145 in Nyeri Town, 424 in Othaya, 368 in Mukurweini, 991 in Mathira and 1,371 in Kieni. BELOW STANDARDMr Kiruta, 43, believes Mr Odinga will get more votes this time round, saying voters are sharper and have matured democratically. Mr Kiruta bets on the notion that Nyeri voters do not elect leaders on the basis of political party affiliation but individual strategies and policies.
June 26, 2017 17:48 UTC
Regional dairy processor Brookside Dairy has called for the establishment of a national strategic reserve of conserved animal feed. The move, the processor said, would be one way of addressing seasonality in milk production. Brookside Director of Milk Procurement John Gethi said in a statement there was need for collaboration among industry stakeholders in building a strategic reserve of conserved feed for livestock to sustain milk production during periods of depressed rainfall. He said the recent rains were insufficient in key raw milk production areas, which had affected farm fodder and water supply for livestock. ALSO READ: I make chemical-free animal feed from water hyacinth
June 26, 2017 17:37 UTC
The legislator however seems unperturbed, insisting that her efforts to ensure the coal plant is not established in Lamu are unstoppable. Intense and widespread criticism has been levelled against Ms Abdalla by the county and even national government leaders concerning her stand. Ms Abdalla said her development record speaks for itself and she is confident of going back to Parliament. The opposition candidate said she would also ensure Lamu women were empowered so that they become independent. In the 2013 General Election, Ms Abdalla won with 19,000 votes, followed by Ms Annastasia Mwangi 17,000 votes.
June 26, 2017 17:26 UTC
| Updated Tue, June 27th 2017 at 00:00 GMT +3Siginon Group consolidates logistics market with new appointments photo:courtesySiginon Logistics is eyeing the growing market for outsourcing of logistics services. Siginon Global Logistics, the group’s distribution logistics arm, is offering outsourcing of demand forecasting, inventory management, warehousing, logistics communication, material handling, and packaging and transportation services for firms. “The nature of investments required in distribution logistics is capital intensive and would cripple industries whose core business falls outside of logistics. Siginon has made these investments and offered them as a service in line with the customer’s needs,” said Siginon Global Logistics Operations Manager Winstone Akweyu in a statement. He said the firm had invested in warehousing space, customised vehicles and logistics software.
June 26, 2017 17:15 UTC
REUTERS/Toru Hanai/File PhotoJapanese car parts maker Takata has filed for bankruptcy protection in the US and Japan. It is facing billions of dollars in liabilities over its defective air bags, which have been linked to at least 17 deaths worldwide. Some of the air bags contained faulty inflators which expanded with too much force, spraying metal shrapnel. More than 100 million cars with Takata air bags, including around 70 million vehicles in the US, have been recalled since concerns first emerged in 2007. The faulty air bags are believed to have been manufactured between 2000 and 2008 in Takata’s US factory.
June 26, 2017 17:03 UTC
| Updated Tue, June 27th 2017 at 00:00 GMT +3Jumia Kenya Managing Director Sam Chappatte photo:courtesyLack of trust in buying goods online has been cited as one of the reasons for the current low penetration of e-commerce in the country. Jumia Kenya Managing Director Sam Chappatte said this is despite Kenya being a leader in Internet penetration in Africa at 66 per cent, with 31,985,048 of the country’s population being able to access the web.
June 26, 2017 16:41 UTC
For example, consumers watching the TV spot can use the mobile app Shazam to download a voucher for a sample. “Launching Coca-Cola No Sugar in Australia this month generated a huge amount of attention and conversation,” Marina Rocha, group marketing manager, Coca-Cola South Pacific, said in a statement. Coke made the announcement earlier this month that it would replace Coke Zero with Coke No Sugar in the Australian marketplace starting June 27. Coca-Cola No Sugar is the third sugar-free product Coca-Cola has launched in 30 years, with Diet Coke launching in 1983 and then Coke Zero in 2006. Read the article …Related articles:How Coca-Cola Turned a Romanian Music Festival into a Fashion TrendWarren Buffett’s Likeness Appears on Cherry Coke Cans
June 26, 2017 16:41 UTC
President Uhuru Kenyatta and Deputy President William Ruto have launched the Jubilee party manifesto at the Kasarani Sports Stadium Indoor Arena. Read: Jubilee rolls out 2017 strategyPresident Uhuru said the Jubilee government said the Jubilee government will complete any pledges made during his campaigns four and a half years ago as well as start on new projects. He stated the manifesto is meant to make lives of Kenyans easier as they grow economically and socially. We wanted most homes to be lit with electricity and we have more than doubled electrification in the nation," the President said. Also read: Where is 10 percent growth promised by Jubilee in 2013?, data shows Kibaki did better than Uhuru
June 26, 2017 16:30 UTC