Editor’s Note: Amid the chaos that is associated with Somalia and despite the many obstacles to peace and tranquility in Somalia, Somalis are known for their business entrepreneurship, among them are individuals who have contributed greatly to the greater good of humanity. In one such case WardheerNews has had a rare opportunity to interview Hass Petroleum...
By Michelle Nichols UNITED NATIONS (Reuters)- South Sudan’s government is mainly to blame for famine in parts of the war-torn country, yet President Salva Kiir is still boosting his forces using millions of dollars from oil sales, according to a confidential United Nations report. U.N. sanctions monitors said 97 percent of South Sudan’s known revenue...
By AGEWA MAGUT, Daily Nation Plastic bags are not the problem, consumer behaviour is, the Kenya Association of Manufacturers (KAM) has said in response to its ban by the government on Wednesday. According to the association, the biggest problem the country faces over the plastic bag ‘menace’ is waste management and users’ behaviour. The challenge...
By KENNEDY KANGETHE NAIROBI, Kenya, Hass Petroleum Group has contracted China State Construction Engineering Corporation (CSEC) to construct a 67-floor building in Nairobi’s Upper Hill. Hass Towers, an iconic mixed-use development will open its doors in 2020 and will consist of Grade A offices, a five-star Hilton hotel, plus a luxury retail and entertainment complex....
By RALF HECKNER, DHIREN CHANDARIA and SIDDHARTH CHATTERJEE, The Star About two decades ago, big banks in Kenya could gladly cherry-pick and retain only the high-end customers, leaving the majority unbanked and dependent on exploitative money-lenders or informal savings clubs. How times have changed! Today, Kenyans now can not only choose from a wide range...
By Alanna Petroff, CNN Money Kenya received a safety certification this week from the U.S. Federal Aviation Administration that will allow its airlines to apply for non-stop flights to U.S. airports. Non-stop flights would cut hours off the lengthy journey between the two nations, and provide a major boost to Kenya’s tourism industry. Kenya Airways...
CAPE TOWN, South Africa- DHL Express, the world’s leading international express services provider, has published research highlighting the significant growth opportunity for retailers and manufacturers with an international online product offering. The report – The 21st Century Spice Trade: A Guide to the Cross-Border E-Commerce Opportunity – looks in detail at the markets and products...
African governments have been urged to consider forming alliances with other airlines across the continent to maintain a strong aviation sector. The experts attending the Aviation Africa 2017 forum that opened on Wednesday in the Rwandan capital Kigali argued that most of the continent’s airlines were not strong enough to maintain a viable aviation industry...
By RICHARD MUNGAI , The Star Money sent home by Kenyans living and working abroad is now a key economic growth driver having increased its contribution to the Gross Domestic Product by 2.5 per cent in October last year, Central Bank of Kenya data shows. The data shows the inflows, officially known as diaspora remittances,...
MOSCOW, Russia — The Islamic Corporation for the Development of the Private Sector (ICD), the private arm of Islamic Development Bank Group (IDBG), and International Association of Islamic Business (IAIB), signed a Memorandum of Understanding (MoU) to explore possible avenues for collaboration in enhancing business relations between entrepreneurs from Islamic countries and Russian Federation. The...