Do European banks need a bailout? And by whom?
Do European banks need a bailout? And by whom? Do European banks need a bailout? And by whom?
As the fallout from the financial crisis continues to spread, it is striking to see a new phase of failures amongst European banks.


Some lessons from Bailout Week
Some lessons from Bailout Week Some lessons from Bailout Week
While I still haven't seen the details of the now apparently agreed bailout as I write this [on Sunday afternoon], it is rather unlikely that the final version is going to be very satisfactory and that the following notes will be contradicted by the final result:


The shame of the Rift Valley Railways deal
The shame of the Rift Valley Railways deal. The shame of the Rift Valley Railways deal.

We have complained in these pages about the bad job the IFC did as a transactional advisor on the RVR deal that put Sheltam and other partners in charge of running the Kenya-Uganda Railway. 




Countdown to $200, Oil at $115
Countdown to $200 oil- oil now at $115
The recent reduction in the global oil price has been greeted with a ridiculous giddiness and glee by many in the traditional media.


Transforming farming
Transforming farming- video Transforming farming- video
The tragedy of punitive surpluses in one part of a country, where harvests rot or are sold below cost price, on the one hand, and starvation in other parts of the same country is not too uncommon across Eastern Africa and the Sahel.


No tears for Kimunya
No tears for Kimunya No tears for Kimunya
It is by now accepted that the former Minister for Finance Amos Kimunya was ambushed, coshed and pushed aside in a cynical power play. Still, those weeping for the Kipipiri MP make for a lonely huddle. Odd isn't it?


Governance yields growth
Good governance delivers growth Good governance delivers growth
What is more important for the growth of an economy? Governance structures, the oft heralded democratic wave, or a dynamic private sector? 


No heaven for us
No heaven for us: Kenyans and Privatisation
Remember that scene from Road to Perdition? The one in which John Rooney says to Mike Sullivan, the kindly gangster played by Tom Hanks,


Why can Why can't we be like India?
Not too long ago, Stephen Wanyama said to one of the editors that education spending in Kenya was too high a priority item.


Food bash in Nairobi
The President today told a Food and Agricultural Organisation at the United Nations, Nairobi, that an urgent solution had to be found for the global food crisis.  Capital FM reports that the president cited under-utilisation of water sources for irrigation as a reason for sub-optimal food output.


Inflation bites hard
Kenya's poverty reduction efforts are coming under increased strain as more and more Kenyans find themselves accosted by the most extreme inflation, certainly levels only previously experienced in the austerity of the early 1990s.


Give us free
One of the less heralded but perhaps more important and enduring divisions at this election is along the lines of wealth, not in terms of who owns what but more with regard to general attitudes to wealth.


Poverty and the millionaires of Samburu
The $7 million compensation towards injuries caused by live ammunition left by the British Armed Forces, did not stop 228 Samburu herders from heading right back into poverty.


Rice crispies and western wastes
Rice Crispies and Western wastes
What decisions we make with regard to the food crisis in the next year or two, in a reality already beset with rocketing fuel prices, a global credit freeze and the peculiarities of our internal politics may very well define the destiny of this country we call ours.


Oil's sticky end
Oil's sticky end
Oil futures are reaching ever upward, drawing closer and closer to the price range that will have catastrophic and lasting effects on the growth and development of our very oil dependent economy.


Kalonzo Musyoka on Taxation
Ladies and gentlemen, with your permission, I beg to roll out my vision on taxation, on direct taxation. My vision as is titled, is a paradigm shift in taxation, it is one that is going to allow freedom in taxation!


Green Hunger
Kakuzi

Summary

Kakuzi Limited is a Kenya-based company engaged in the cultivation, manufacture and marketing of tea. The Company is also engaged in the growing and marketing of avocados, livestock farming, jointly controlled operations dealing with growing of pineapples, growing of other horticultural crops and forestry development. Kakuzi Limited’s wholly owned subsidiaries include Estates Services Limited, Siret Tea Company Limited, and Kaguru (EPZ) Limited, all of which are dorman
...



Rethinking privatisation
Rethinking privatisation
I have failed to get a fittingly arty prologue to this article, so I will get right to it. Under the present constitution of our economy and politics, the entirety of the effort at privatization is both immoral and corrupt.


A different budget this time
Putting glamour and the accompanying partying aside, this will perhaps be the most crucial budget of President Mwai Kibaki's presidency.


A few facts on Kibakinomics
For a long time now, it seems that a section of the national media and the public have been sold the view that Kibaki has performed a sort of economic miracle for the country.



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