Isaac Mwangi, 2:56 am AFKI Original
University graduates in East Africa are ill-prepared to take up entry-level positions created by firms investing in the region, a new study.The problem is so acute that only 27 percent of employers in East Africa expressed confidence that graduates from universities in the region were adequately prepared to take up management entry jobs in their firms.
Isaac Mwangi, 10:00 am AFKI Original
People with disabilities in East Africa face discrimination, and pressure is mounting on governments and the private sector to act. Kenya’s constitution reserves special seats for the disabled at the Senate, national and county assemblies; these measures have done little to ensure a trickle-down effect to the rest of the population and private sector.
Isaac Mwangi, 9:02 am AFKI Original
A new report says that Africa’s high growth rate and economic reforms have failed to lead to any significant increase in industries and manufacturers. For this to happen, the Economic Report on Africa calls for the revamping of Africa’s industrial policy organizations to make them capable of supporting not only industrial transformation, but also enabling its benefits to trickle down to all segments of the continent’s population.
Isaac Mwangi, 2:10 am AFKI Original
Aflasafe — a biocontrol method of fighting aflatoxin– is used widely on farms in the U.S. In Africa, only Nigeria has a plant that produces Aflasafe. The commercial production of Aflasafe in Nigeria resulted in an 80-percent reduction in aflatoxin levels.
Isaac Mwangi, 11:37 am AFKI Original
Andrew Luzze took over as executive director of the East African Business Council a year ago with an ambitious agenda to transform the region’s private sector, and he says he’s already seeing results. “The voice of the private is becoming strong,” he said. Armed with a willingness to listen, he is prepared to do battle on behalf of the private sector at the highest levels of government, he told AFKInsider.
Isaac Mwangi, 12:19 am AFKI Original
The American investors at the forum said they will work through the Washington-based Corporate Council for Africa (CCA) to obtain partnerships with East African companies. CCA President Stephen Hayes led a team of US investors in a meeting with some 70 East African business leaders. The visiting trade delegation was also due to visit Ethiopia.
Isaac Mwangi, 11:09 am AFKI Original
Massive rehabilitation of East Africa’s railway network is expected to enhance connectivity and bring down the cost of transportation, but it will cost its five economies dearly as they seek to improve their dilapidated infrastructure.
Isaac Mwangi, 4:34 am AFKI Original
For the first time, a new scorecard offers investors the opportunity to assess the attractiveness of individual East African countries in allowing free movement of capital, services and goods. The inaugural report, “East African Common Market Scorecard 2014: Tracking EAC compliance in the movement of capital, services and goods,” tracks the progress of the five partner states of the East African Community in fulfilling their commitments under the Common Market Protocol.
Isaac Mwangi, 1:15 am AFKI Original
Different VAT systems in East Africa distort cross-border transactions. They also draw out the refund process. The additional cost, time and resources spent on complying hurt business and competitiveness. Costs are ultimately passed on to consumers.
Isaac Mwangi, 3:28 am AFKI Original
Major coffee producer Kenya still lacks a processing plant. Exploitation by middlemen is discouraging coffee production in Kenya. Farmers such as Njagi find it unjustifiable that the country still has no processing plants more than half a decade after independence.