Opinion

Drugs suppliers must take lead in fighting counterfeits

The World Health Organization (WHO) estimates that about 10 per cent of global pharmaceutical supply is counterfeit and substandard. Yet the percentage of substandard medicines in Sub-Saharan Africa is even higher, if we are to go by the figures indicated in the Journal of Pharmaceutical Policy Practise published in November ...

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Worrying trends in media restructuring

Last week’s news of the laying off of scores of journalists by Royal Media Services (RMS) was extremely unsettling to me, to say the least. It is dismaying to hear yet another media house being forced to send dozens of its staff home. This coming barely 6 months after Nation ...

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SICPA security system a big risk to Kenya

For years now, Kenyans have been following with great interest the controversy around Swiss firm SICPA Security Solutions SA Limited. As the saga unfolds, the general public has learnt more about the many unbelievable malpractices in which the firm is mired. To put in perspective the controversy in Kenya, it is ...

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Making tough business decisions

Over the past two years I have been offering business advisory to some of my friends who own small businesses and lately some clients who read my articles on the blogs. Three weeks ago, this friend who owns a small manufacturing firm that falls under Micro and Small Enterprise (MSE) calls ...

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More tax will kill betting industry

The Betting Licensing and Controlling Board (BCLB) has polished its taxation bowl with a raft of new levies targeting gaming and lotteries. The new tax measures will see licensees pay new levies on earnings in addition to the existing taxes such as income tax and withholding tax, in instances where the ...

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Technology can bridge literacy gap

Technology is one of the country’s key drivers in realising vision 2030 and as a result the government has underscored universal access to ICTs as a major plank. Access to technology is expected to accelerate economic growth by reducing the cost of transaction and increasing business efficiency. Other benefits include improved ...

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Kenya’s nuclear energy time bomb

Kenya’s ambition of building a nuclear energy plant seems to be still alive. But it is a journey that is precarious as it is daunting. The bottomline, based on the viability and safety of nuclear energy in a Kenyan context, is whether we are ready for such a delicate, complicated ...

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Seeing through the Bitcoin illusion

Cut Safaricom some slack on virtual currencies, they are outlawed by the CBK Sometimes being a corporate leader in Kenya among many parts of the world comes with its fair share of risk exposure. In the past week or so, an upcoming blog has had its sights trained on Safaricom. Evidently, ...

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Kenya should open arms for Japan

As the curtains fall on the Japan Africa conference, known as Tokyo International Conference on Africa Development (TICAD) it may be an appropriate time to reflect on this important milestone. First, kudos to the entire nation and all parties concerned for hosting a seemingly flawless event. As a country, we ...

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Just how safe is credit reference bureau information?

  The credit world in Kenya has a very dark side to it. But the dirty little secrets are being exposed, thanks to a change in legislation allowing banks to share information on loan defaulters.  This came as bad loans threatened to suffocate some banks. Now at over Ksh170 billion, ...

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