Poor Relations with Suppliers Spells Doom for Leading Kenyan Retailers
Despite accepting cash payments only, leading retailers in the country do not extend the same courtesy to their suppliers and often keep them waiting for months and in some cases years, before making payments. Tense relations between Kenyan retailers and their suppliers is a common feature of the retail industry in the country. Harsh pricing demands based on price wars and delayed payments are identified as being the main reasons for fall outs between retailers and suppliers, something that has eventually led to the collapse of major retailers in the country.
The Affordable Housing Program Can Enable You to Own a House in Nairobi for as Low as 800,000
The affordable housing program is part of President Uhuru’s big four agenda and aims to construct and total of 800,000 houses by 2030, with an estimated 500,000 of these being completed by 2022. Through the program, one can buy a single house costing between Kes. 800,000 and Kes. 3,000,000 depending on size. Purchases are made using a lottery system that selects buyers based on total household income and family size.
Key Pillars of Rwanda’s Exponential Economic Growth
Rwanda, East Africa’s smallest country, is ranked among the fastest-growing economies in the world, according to a report by the IMF. With a total population of slightly over 12 million, Rwanda has recorded tremendous economic growth in recent years and has outpaced Ethiopia as the continent’s fastest-growing economy.
Overview of the Threat of Cancer in Kenya: Statistics, Costs and Preventive Strategies
Cancer is the third leading cause of disease-related deaths in Kenya. Unhealthy lifestyles, as well as poor dietary habits, are identified as being the main causes of the disease. Managing ongoing cases is also a major challenge due to the high costs involved and the fact that most cases are usually diagnosed at their advanced stages.
A standoff between Judiciary and Executive Looms as CJ Calls Out the Treasury for Budget Cuts
Kenya’s Chief Justice David Maraga called out the executive for what he termed as harassment and obstruction. The CJ also believes key members of the executive want him out by the end of the year.
China’s Debt Trap Diplomacy and the Adverse Effects it has on Developing Nations
China is lending billions of dollars each year to developing nations, but questions are being raised on the safety of these loans that often feature harsher repayment plans and costs when compared to loans issued by other nations. Economists also believe China is using these loans to access new markets and grow its political influence.
Reviewing Key Strengths and Weaknesses of Top Kenyan Universities
Each university in Kenya has its own story, as well as challenges that students have to go through to get their certificates. Employers also view graduates differently depending on where they studied, a key factor that affects their employability. Here’s a look at some of the key strengths and weaknesses of the top tertiary institutions in the country.
The Highest Paying Jobs and Employers in Kenya
Kenya’s top executives mint millions each year from the country’s blue-chip corporations, in addition to attractive perks such as paid vacations, comprehensive medical covers, corporate vehicles, and house allowances.
Doing Business In Tanzania: Key Information Needed by Foreign Investors
Tanzania’s rapidly growing economy is an attractive destination for both large and small-scale investors looking to either export of import goods into the country. There are no strict requirements for foreign investment, and business registration can take an estimated two weeks at most.