Author: Kaunga Junior

FeaturedNews

Kenya inches closer to full-scale dollarization

The gradual shift towards dollar payments in Kenya, observed across various sectors, has raised concerns about the intensifying trend toward the dollarization of the country’s economy. This movement has been fueled by the persistent weakening of the Kenyan shilling against the US dollar over the past year, showing little to no signs of improvement. Dollarization typically involves the need for a reserve of readily available US dollars to replace the existing monetary base and establish a liquidity cushion denominated in US currency. This cushion often amounts to approximately 20 percent of total bank deposits and serves as a safeguard against potential banking system crises or…

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BrandsNews

Digital screens lead the race in advertising evolution

Digital screens are taking over the advertising space as the fastest-growing out-of-home advertising segment, according to the media marketing firm ReelAnalytics. Outdoor advertising is dominated by billboards, which command a 60 percent share of the market. However, digital screens, which currently occupy just 1 percent of marketing space, are increasing at an incredible rate. With the increasing use of smartphones, tablets, and smart TVs, consumers are more connected than ever, providing advertisers with multiple touchpoints to reach their target audience throughout the day. Digital screens in public spaces These digital screens are mostly found in museums, public spaces, stadiums, transportation systems, restaurants, hotels, retail stores,…

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LifestyleNews

Beard it up for men’s health

Ladies and gentlemen, it’s that time of the year again when we put our razors down and embrace the wild and free spirit of “No Shave November.” This uniquely cherished month has been a part of our lives for the past two decades, and it’s a journey worth experiencing. The story of “Movember,” short for “Moustache November,” all began in 2003 with the humble desire of two Australian men who simply wanted to grow moustaches. Their idea gradually evolved, and a year later, Travis Garone and Luke Slattery decided to take it a step further by starting a fundraiser that would involve not only those…

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NewsPolitics

Why you have never heard of chapati revolution

In the history of humans, wheat, the primary ingredient in chapati, is known to build civilizations. Wheat is also has the potential to bring civilizations down when its price moves out of reach of masses. In Africa, this has rarely held true outside the ancient Egypt with most communities relying on other staples like Maize, green bananas, yams, cassava. Wheat was rare on the continent’s dominantly rural populations. I remember when we were young, and how the cooking of chapati would turn a normal day extraordinary. I would come back from the playing field and brag to my friends that “leo tumepika Chapo na sitaki kuwaona…

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FeaturedNews

Ruto imports revive fortunes of SGR dynasties

Around the middle of last year, employees at Mitchell Cotts Freight Kenya Ltd, one of Kenya’s largest logistics companies, received a surprising email. It indicated that those who wished to leave the company were free to do so. Through a voluntary early retirement package, the company generously offered 31 days’ pay for every year worked, including financial training from ICEA Lion, an affiliate of the firm’s owners. At that time, the restructuring was not entirely surprising, given that Kenya’s economy had stagnated post-Covid-19, which had severely impacted the logistics business. Furthermore, a disruptive European war had exacerbated the situation. However, beyond the economic challenges, local…

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Counties

Why TVET is the preferred path for today’s students

A trend is emerging in the field of education in Kenya, with a surge in students choosing technical and vocational education and training (TVET) colleges over traditional universities. This shift has piqued both curiosity and concern among the public. Increasing numbers of eligible students are now opting to enroll in technical colleges, leading to a significant increase in enrollment figures for these institutions. In 2021, data from the Kenya Universities and Colleges Central Placement Service (KUCCPS) revealed that over 15,500 candidates who scored C+ and above in the 2020 Kenya Certificate of Secondary Education (KCSE) opted to pursue diploma and certificate courses, such as plumbing,

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EAC & The Horn

Angola joins the ranks of visa-free travel to Kenya

Angolan nationals have become the latest citizens of a foreign country who can travel to Kenya without the need to apply for a visa. This follows the signing of a visa-free travel agreement between President William Ruto and Angolan President João Lourenço during his visit to Kenya last week. Since taking over from Uhuru Kenyatta, President Ruto has entered into several visa-free deals with many countries. In November 2022, Dr Ruto signed his first visa-free deal with South Africa. Later this year, in June 2023, he signed another visa-free deal with Djibouti. In July, Comoros and Senegal nationals were given similar treatment, as well as

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