OPINION: Conserve Nature to Achieve SDGs

As we reflect on the past five years when the ‘No one left behind’ commitment was made, it is vital to evaluate how close we are to the 2030 Agenda for Sustainable Development of embracing everyone. It is undeniable that the SDGs were set to provide a direction for alleviating poverty, hunger, health, education and inequality and in them lies the approach to making these changes happen. The Sustainable Development Goals (SDGs) were initially framed to provide a solution both to nature degradation and climate change with a clear roadmap that would…

Planning is more important than prediction for Africa’s property sector now

By Gerhard Zeelie. An understandable response to the economic fallout of Covid-19 is for governments, industries and businesses trying to predict the path that the global economy will take in the coming months and years. However, given that this is a challenging exercise at best, it’s probably a better investment of valuable time and effort to ponder the many lessons – some very hard to swallow – that the pandemic has taught us, and integrate them into our future business and investment plans and strategies, so that we’re more prepared…

Laikipia County Government COVID-19 Response teams Receives 550 bales of Soko Maize Meal from Capwell Industries

Capwell Industries head of corporate affairs Obadiah Gitiye. The donation will go a long away in supporting vulnerable communities within Laikipia County who have been greatly affected by the pandemic, stating that affected families will each receive two packets of Soko maize meal 2kg. Thika based food and beverage processing company  Capwell Industries Limited, has donated 550 bales of Soko maize meal to Laikipia County Government emergency response team as part of the firm’s corporate efforts to help in the fight against COVID-19 pandemic that has ravaged the country’s economy.…

Coronavirus has stress-tested our food systems, and many are set to fail

By Eric Kimunguyi, CEO, Agrochemical Association of Kenya Coronavirus has brought enormous setbacks, suffering, and forecasts of a global depression ahead following the closure of so many economies for so long.  But if there has been one area where it has exposed our global fragility, that area has been food. Certainly, this hasn’t gone unremarked. At the level of international geopolitics, the World Food Programme has warned us all that we are moving into a famine of what it has called ‘biblical’ proportions, by which, it’s fair to say, the…

SOCIOECONOMIC COSTS OF COVID 19 MAY GO OVER AND BEYOND THAT OF HIV

By Joanne Mwangi-Yelbert As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis, the worst economic disaster since the Great Depression of 1929. A full understanding of the potential economic and social impact of the virus which leads to this disease remains difficult to predict. This is because spread of a disease on this scale both geographically and exponentially is unprecedented in the modern world. Since the first reported case in Wuhan China,…

OPINION:Coronavirus has stress-tested our food systems, and many are set to fail

By Eric Kimunguyi, CEO, Agrochemical Association of Kenya   Coronavirus has brought enormous setbacks, suffering, and forecasts of a global depression ahead following the closure of so many economies for so long.  But if there has been one area where it has exposed our global fragility, that area has been food. Certainly, the curfews, lockdowns and workplace closures delivered an uptick in power cuts, but there’s no great clamour about our energy infrastructure now being under threat of failure. Likewise, with water, it remains far from accessible to all, but…

Opinion: Has the PE industry failed Sub-Saharan Africa?

By Abhishek Mittal, Partner, Aavishkaar Africa Fund, Aavishkaar Capital African PE firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Prequin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very little flowing into the rest of the continent. This limited investment into Sub-Saharan Africa (SSA) is explained by investors in PE funds as a result of the low…

BAT refutes claims that ‘Battle of minds’ Completion is meant to promote Tobacco  

BAT Kenya has refuted claims made in various media channels that the Battle of Minds student competition serves to advertise and promote its tobacco products. In a Statement released today by the spokesperson for BAT Kenya said: “Battle of Minds is the BAT Group’s global internship competition designed to offer graduates who are 18 years and above, an opportunity to gain real practical work experience. Our aim is to strengthen the company’s talent pool and develop the next generation of leaders. “Established to attract, celebrate and support the best and brightest…

Opinion: connectivity a bedrock for riding the fourth industrial revolution wave

By Adil Youssefi, CEO, Liquid Telecom, East Africa Region   While much is made of the potential of new technologies like cloud, IoT, AI and Blockchain, their success depends entirely upon ubiquitous connectivity.   There can be little doubt that the much-touted Fourth Industrial Revolution (4IR) is underway, to the extent that this latest evolution could be described being less about the technology itself than how to use it to enable advancement.   The 4IR could be seen as being about the ‘rise of connectivity’, which will unlock new avenues for…

GAUGING THE ECONOMIC WAVES OF CORONAVIRUS ON KENYA

The Kenya Private Sector Alliance (KEPSA), the apex body of the private sector in Kenya, this morning resolved to engage all its members to begin to calculate the projected economic impact of Coronavirus in each sector. The collated input will inform the development of a rapid response mitigation plan to minimize the impact of the outbreak on the Kenyan market. It will also allow the private sector to measure the impact of the expected global slowdown of trade on Kenya. KEPSA is encouraged by Executive Order No 2 ofhttps://www.expresstoday.co.ke/?p=2932&preview=true 2020…