Educating children is probably the second most expensive item on a family’s list of inevitable things after food and shelter. The cost of taking children through an education right after their birth is a consuming factor that many people have never put into consideration. Right from the time the little…

A sign on a shop in Nairobi (Photo: Mocality) When you walk on the ever busy and crowded Tom Mboya street in Nairobi, you will see hundreds of pink signs with “INSTANT CASH ON ITEMS”. The rate at which entities sprung clearly shows there is business in it. The…

President Mwai Kibaki on Tuesday urged member states of the East African Community to hasten removal of trade barriers. The president was addressing the fourth sitting of The East African Legislative Assembly (EALA). President Kibaki spoke against the existence of trade barriers in the regional economic bloc even after the…

Members of parliament have threatened to shoot down the supplementary budget presented by the Ministry of Finance today. The Legislators claim that treasury in tabling supplementary estimates should be informed based on what should have accrued from taxes if parliament had passed Finance Bill 2011-2012. They now want the supplementary…

The speaker of the national assembly will give a ruling on the fate of the Finance Bill 2011-2012 tomorrow afternoon. The contentious bill which is long overdue has had legislators pointing accusing fingers at the executive for trying to handle budget matters without consulting relevant commissions. Garsen MP Danson Mungatana…

Parliament resumes sitting today where it is expected to discuss the troubled Finance Bill that is long overdue, among other crucial bills. The Finance Bill which contains the amended VAT bill has proposals by several members of the August house to cap interest rates on loans and remove the 12%…

Upgrading of terminal (Photo: Transforming Kenya) There could soon be direct flights to the United States from Nairobi’s Jomo Kenyatta International Airport (JKIA). This majorly depends on whether the ongoing upgrade of JKIA would be approved as a ‘Category 1′ air field by the International Civil Aviation Organisation and Federal…

The Capital Markets Authority (CMA) will from May be giving internship opportunities to Master of Business Administration (MBA). The continental exclusive package is open for African students studying MBA in different Business School around the world. The leadership development programme is a partnership of CMA and The Tony Elumelu Foundation in…

Passengers boarding a Matatu (Photo: IBJ) Bus fares in the country are set to go up starting Monday due to the increased prices of fuel. This is going too affect public transport and the cost of transportation of commodities. Matatu operators say they are going to increase fare prices…

Loans are never a welcome thing, especially when it comes to repaying them. I want to talk to those in campus right now, specifically public universities. Those who access HELB as it is famously known. It is a loan from The Higher Education Loans Board. Let me remind…