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Information about the papers discussed at the "United Nations Framework Convention on Climate Change," held in Nairobi, Kenya is presented. The meeting has focused on the issues related to climatic changes. A solid timetable for cuts in greenhouse gas emissions after the Kyoto Protocol which is speculated to expire in 2012 has been established. It is stated that the attendees had agreed to discuss the reviewing of the protocol in 2008.

Reports on Kenyan finance minister David Mwiraria's budget proposals. Budget theme; Focus of the budget on poverty reduction; Abolition of the value-added tax (VAT) on kerosene, cooking gas, flour, milk and paper used in education; Reduction on duty on imports of second-hand clothing.

Reports that the Kenya government has allocated $170 million to revamp the ailing National Bank of Kenya (NBK) and prepare it for privatization. Scheduled completion of the restructuring in June 2004; World Bank's warning that it may discontinue giving Kenya budgetary support unless the money is used for NBK restructuring; Requirement for the government expenditure to match the Poverty Recovery Strategy Paper.

According to the website, the price of rice was likely to shoot up after B India b , Kenya's major supplier, on July 20th banned its exports to ensure adequate domestic availability. B The block on the 2023 Finance Act is lifted, pending a final ruling. b The Kenyan government and the opposition Azimio coalition were set to continue talks on August 14th in a bid to end heightened political tensions over electoral reforms, recent tax hikes and the rising cost of living, I Capital FM i reported. [Extracted from the article]

The article offers African news briefs. Egypt's number one telecommunications company, Telecom Egypt, reported an increase in profits for 2007 on March 13. Kenya's Safaricom will begin the sale of a quarter of its United States $3 billion worth of equity to investors. South African firm Altech acquired 51% controlling stake in Aameer ICT Limited.

The article reports several economic aid to member states of the United Nations. The agro-pastoral and land management promotion project in Cameroon will be funded $6 million from the Global Environmental Facility GEC. The World Bank, the Arab Fund for Economic and Social Development and Kuwait Fund will finance Egypt's railway development strategy for 2007-2008. France will lend 3.8 billion shillings to municipalities in Kenya for its waste management and the roads 2000 projects.

The article reports on the launch of a maritime rescue center in the port of Mombasa, Kenya. The center is aimed at providing a rapid response to acts of piracy and accidents at sea. It has satellite technology to detect distress signals, which should enable help to be mobilized more quickly than existing systems. According to officials, the center was set up to combat the increasing attacks on shipping in the Indian Ocean off the coast of neighboring Somalia.

The article offers information related to technical, financial and economic conditions of various countries in Africa including the corruption in Nigeria, the chief executive officer (CEO) forum in Côte d'Ivoire from March 21-22, 2016, and the economic growth in Kenya for 2015.

This section offers news briefs on the 2013/2014 budgets of several East African countries. As the Kenyan government aims to claw back revenues lost in past years, Kenyans are expected to pay more taxes to finance key infrastructure and social projects, including the increase in value-added tax. The government of Rwanda plans to spend 1.6 trillion Rwandan francs in fiscal year 2013-2014, which includes continuing the second phase of the Economic Development and Poverty Eradication Strategy.

The article reports that Denmark and Kenya will devote KShs2.45bn for a five-year agricultural sector program support project. The project is designed to revitalize agriculture and to increase food security. The program is already being implemented on a pilot basis in seven arid and semi-arid districts.

The article reports on Germany's offering of a grant to finance the water, health, agriculture and education sectors in Kenya. The water sector has received the biggest share of the money. The article also reports on the commitment made by the German government for additional funds for technical cooperation in the same sectors.

Reports on Kenya's receipt of funds from the World Bank for budgetary support for the fiscal year 2005-2006. Total amount received by Kenya.

Kenyans have decried the rising cost of living on account of the rising prices of key household commodities, an issue that has been widely discussed on social media platforms. The overall rate of inflation in January was 5.39%, down from 5.73% recorded in December 2021 with the prices of commodities in the categories of food and non-alcoholic beverages increasing by 8.89%. Another government worker who sought anonymity appealed to the government to look into their welfare in terms of salaries so that they cater for the high cost of living and will elect someone who understands their problem as Kenyans. [Extracted from the article]

Reports on the decline of pyrethrum export earnings in Kenya. Factors attributed to the drop in pyrethrum profit; Actions taken to improve exportation of the product; Impact of the declining profit on the country's economy.

Reports that the World Bank has set out conditions that the Kenyan government must fulfil before the release of funds for urban road projects. Judiciary's need to conclude a case on a government engineer who allegedly received millions of shillings from a contractor when he was in charge of the World Bank-funded Kenya Urban Transport Infrastructure Program; Poor road conditions in Kenya.

In This Issue World Economic Forum Davos Talks 15505 Cote d’Ivoire Political Crisis Affects Economy 15509 Kenya Back To Basics 15512 Egypt Currency Flotation 15519 Sierra Leone Diamond Exports Sparkle 15532 Tourism Southern Africa Is Favoured 15535 Egypt Dominates 15536 Contents Continental Developments 15505 Policy and Practice 15509 Communications and Transport 15524 Commodities 15528 Industries 15534 Economic Aid 15537 Rates 15508 Index 15538. [ABSTRACT FROM AUTHOR]

The article discusses the macroeconomic development report in Africa in 2014. Topics discussed include the expected growth in oil production in 2014, the recovery of Egyptian economy after four years of slow activity, the growth in railway project of Kenya's Standard Gauge Railway (SGR), and the signs of recovery in the economy of Madagascar.

The article reports on the tensions and rivalries of East African countries which threatens to split economic bloc in the region. It notes that the Coalition of the Willing formed by Kenya, Uganda, and Rwanda and excluded Tanzania risked weakening of the East African Community (EAC). President Yoweri Museveni of Uganda said that the coalition, which was publicly protested by Tanzanian officials, will include Tanzania once discussion of logistics turned to the Southern Corridor.

The article presents an outlook for Kenya's economic growth in 2012. According to the World Bank, economic growth is affected by several factors such as high food and fuel prices. Economic growth is predicted to reach 5.5 percent in 2012. The need for the country diversify its exports away from flowers and tea is also cited.

With a sharp decline in tax revenues due to the weakening in economic activity, and tax relief, and an increase in Covid-related spending needs, the fiscal deficit has widened, and debt vulnerabilities have risen. The fiscal deficit widened to 8.2% of gross domestic product (GDP), up from the pre-Covid budgeted target of 6.0% of GDP, and Kenya's debt to GDP ratio has risen to 65.6% of GDP as of June 2020, up from 62.4% of GDP in June 2019. I (worldbank.org 25/11) i Cash Crunch Low revenue collection, a ballooning debt and the economic challenges of Covid-19 have plunged Kenya into a cash crunch, with all indications clear that the government is struggling. [Extracted from the article]

B The two sides reach common ground on major issues. b Kenya and the United Kingdom (UK) on November 3rd reached a decisive consensus on a new trade agreement, nearly 55 days before the expiry of existing privileges as London formally exits the European Union ( B EU b ). A dispatch issued on November 3rd said the two sides had reached common ground on major trade issues for an agreement that will take over from 2021, after the UK exits the transitional clauses of the EU. I (sudantribune.com 13, 26/10) i B South Sudan, Sudan - EU: b The European Union (EU) has approved an additional €12.2m to support the response to Covid-19 in Sudan and South Sudan, said a statement released on November 5th. [Extracted from the article]

Information about the 8th Vibrant Gujarat Global Summit 2017 held in Gujarat, India from January 10-13 is presented whose topics include agriculture, aviation and healthcare in Rwanda and Kenya.

The article reports that the Communications Authority of Kenya (CA) has rejected 20 permits for local radio stations, presenting the view of CA director-general Francis Wangusi on the decision.

The article predicts the growth of Kenya's economy after the Supreme Court upheld the election of Uhuru Kenyatta as the country's fourth president on March 30, 2013. Prime Minister Raila Odinga has accepted the court's decision and appealed to his supporters to keep the peace. It details how the uncertainty over the election's outcome adversely affected foreign investments and key sectors in the country, particularly banking and tourism.

This section offers business news briefs from Africa. A logistics hub is being established by automaker Toyota in Nairobi, Kenya that will be used by 13 countries in sub-Saharan Africa to source vehicles directly from Japan. The first greenfield brewery of SABMiller has been opened in Onitsha, southeastern Nigeria. It relates that the worldwide diamond aggregation in Gaborone, Botswana has been formally started by De Beers.

The article reports that the Central Bank (CBK) has decided to increase its interest rates in order to boost the monetary value of the Kenyan shilling. The CBK has expressed optimism that higher rates would attract foreign investments and reduce the significant depreciation of the shilling. The economic and political conditions in Kenya that reportedly contributed to the declining value of its currency are described including the increase in food and fuel prices and election violence.

The article focuses on increase in exports in Kenya in 2015.

The article offers news briefs in Kenya. The dispossession of those individuals who own land in the Mau Forest complex in Kenya has been already approved by an inter-ministerial committee. The World Bank will hire auditors to assist them for the investigation for the loss of over 5.5 billion Kenyan Shilling (KSh) which is budgeted for free primary education. Health care kits and other supplies will be sent by the United Nations (UN) for the 30, 000 flood victims in Kenya. INSET: Whistleblower Act.

The article reports on the forecasted positive economic recovery for Kenya based on the Kenya Economic Report 2009 released by the Kenya Institute of Public Policy Research and Analysis (Kippra). Kippra states that Kenya can attain its Vision 2030 goals if fundamental reforms will be established. It notes that commodity prices particularly coffee and tea price play a significant role for Kenya's economic growth. However, crude oil prices may still provide the risks for the said economic growth.

The article provides information on the economic state of the flower industry in Kenya. It states that the global recession and drought might cause the industry to shrink by 40%. It notes that the demand for flowers declined by 30% in the first half of 2009. Kenya Plantation and Agricultural Workers Union national treasurer Joshua Oyuga cites big and small flower farms' intent to lay off workers. It adds that flower farms in Naivasha will scale down production by 25%.

The article reports on the fiscal stimulus package for the 2009-2010 fiscal year in Kenya, as announced by Finance Minister Uhuru Kenyatta on June 11, 2009. Kenyatta reveals that there is a 24% increase in public spending and an expected growth of 3% in economy. The budget also includes measures to attract investors and film-makers into the country. Meanwhile, the budget to the Defence ministry, receiving the second highest allocation, garnered criticisms due to the alleged misplaced priorities.

The article reports on the fiscal plans of east African countries such as Kenya, Rwanda and Uganda to overcome the economic recession. It cites that the countries raised spending with budgets of 11.4,1.48 and 3.3 billion dollars, respectivley. Meanwhile, the three countries were careful to avoid weighty tax measures to allow growth space for their economy despite the expectation to suffer slower growth in 2009.

The article discusses the plans of the Kenya Forest Research Institute to train farmers to help them commercially benefit from planting bamboo trees. It mentions that the training program includes artisans. Participants will be taught how to create handicrafts and products from bamboo such as chairs, tables, and pen holders. It reports that products from Bamboo have a high demand both locally and internationally. The article also mentions that this training program also aims to attract the international market.

The article reports on the agreed coalition of cabinet members in Kenya. The politicians have agreed on a coalition of cabinet, which will result to extra salaries, security, and cars, despite the country's economic crisis. According to the "Business Daily," Kenyan taxpayer will pay for the bills for the retirement packages agreed by the MPs, which was passed to amendments by the Eight Parliament. It explores the benefits which will be given to MPs after the agreement, and the conditions of donor countries before releasing KSh31.5 billion as part of the national emergency recovery strategy.

The article offers news briefs related to the retail industry in Africa. Shoprite, the supermarket group based in South Africa, will invest $80 million to build two supermarket complexes in the Democratic Republic of Congo. Nakumatt Holdings plans to spend 470 million shillings to expand its supermarket industry in western Kenya in 2008.

The article offers list of the performance in tourist industry of various regions in Africa. Morocco is the leading tourist destination, followed by Kenya, Tunisia and Mozambique. It also lists the international tourist arrivals and receipts by country of destination. According to UN World Tourism Organization (UNWTO) has outperformed in all regions for the second time.

The article focuses on the efforts of the Kenyan government to balance the demand of the tourism industry in the country with the need to preserve the environment. The government has embarked on numerous innovative joint projects with the tourism private sector. The New Partnership for Africa's Development (NEPAD) supports the natural wealth of Africa to end poverty. The goal of NEPAD Coastal and Marine Secretariat is to help countries reverse the trend of coastal and marine degradation.

The article presents news briefs concerning Algeria, Benin, Ethiopia, Kenya, and Liberia. Algeria's balance of payments grew 95 percent from 2004 to 2005. Former Benin Finance Minister Cosme Sehlin has been imprisoned at Cotonou Civil Prison on July 28, 2006. More than 100 people have been killed by flash floods in eastern Ethiopia.

Reports on the growth of Africa's stock markets in 2004. Overall average index return of African stock markets; Returns on foreign direct investments in Sub-Saharan Africa; Percentage of foreign-operated companies in Kenya.

Reports on challenges to the implementation of Kenyan finance minister David Mwiraria's budget proposal for 2005/2006. Manufacturers' refusal to pass on the tax benefits to consumers; Oil companies' refusal to reduce the prices of kerosene and cooking; Benefits of Mwiraria's budget on the country's economic growth.

Reports on the budget proposals of finance ministers of the East African countries of Tanzania, Uganda and Kenya. Common features of the budget proposals; Uganda's self-financing of its 2005/2006 budget; Measures to reduce costs for the domestic transport sector in Tanzania; Incentives for private investors in Kenya.

Reports that Kenya and Uganda are hoping that plans to jointly lease Kenya Railways and Uganda Railways Corp. within 2005 will be more successful than Tanzania's solo effort. Upcoming privatization of Kenya's rail company; Fear that numerous policy and legal hurdles could delay the rail concessioning for several years; Dependence of private sector's response to the railway offer on its evaluation of the potential profitability of the lines.

Reports on the economic challenges of the Kenyan government. Budget deficit; Financing of primary educational reform program; Plans to privatize some of the government-owned companies; Funding sources.

The article examines the implications of severed relations between Kenya and Great Britain for the economic conditions of both nations. British firms have massive investments in Kenya which include commercial banks and contractors engaged in the development of mega infrastructure projects. Kenya has recently floated a tender for the supply and installation of a security surveillance system with the conditions that bidders needed to be Chinese firms.

The article announces the appointment of members to the Privatisation Commission by Kenyan Finance Minister Njeru Githae in a Gazette notice on November 9, 2012.

The article reports on the release of the two wheat varieties, Eagle10 and Robin in Kenya which was developed by the Kenya Agricultural Research Institute (KARI). It states that the newly developed varieties are more resistant to wheat stem rust Ug99 and have excellent qualities in baking. Moreover, it mentions the collaborative effort of KARI and the Kenya Seeds Co. to reproduce those varieties.

This publication offers information about economic and political conditions in Africa as of May 2011. It tackles various topics such as soaring food prices in Kenya, the Walk to Work protest in Uganda and the impending food shortage. It also offers data for various industries, including shipping, mining and gold.

The article reports on the statement of the United Nations (UN) Food and Agriculture Organisation (FAO) on tea production's food security enhancement through increased income of farmers in Kenya.