Commission on Revenue Allocation: Dividing the Wealth of Kenya

April 27, 2012 by  
Filed under Business News

Kenyans have worked on a formula to divided the country’s revenue among 47 regions created by the recently enacted Constitution of Kenya. The purpose is to avoid regional disparities in development. This is a complete list of allocations according to the formula.

Africans Must Act to Stop This Land Grabbing by Foreigners

June 28, 2011 by  
Filed under Business Blog

Concern about land grabbing in Africa by foreigners is rising. Recent efforts by the Kenya government to sell large chucks of prime land to Arab countries are further warnings that we need to guard against foreign take over of our country through such land deals masquerading as development projects.

The Wealth of Uhuru Kenyatta and the Kenyatta family

May 31, 2011 by  
Filed under Business News

Apparently influenced by the Mau Mau, President Kenyatta, Uhuru’s father, focused his attend ting on acquiring land, for which the Mau Mau – and in deed, the rest of Kenyans – had fought and died. And by the time he died, according to some reports “The combined acreage of all the land owned by the Kenyatta family is equal to Nyanza province.”

Kenya’s Prime Minister Raila Odinga: Sitting on Family Business Empire Worth Billions of Shillings

May 24, 2011 by  
Filed under Business News

Despite the frugal image and socialist theories espoused by the Odinga family over the years, wealth building has been its major concern. In deed, the concern of the family’s founding father, the late Jaramogi Oginga Odinga, who rose to become the country’s first Vice President and an important influence on Kenya’s politics, wasn’t politics. It was making money.

Will the Chinese Change of Trade Policy Towards Africa Bring Wealth to the Continent?

April 13, 2011 by  
Filed under Business Opportunities

Following heavy criticism of Chinese investment policy in Africa, Chine now appear ready for change with a new policy that may create employment and technology transfer – two of the key things Africa urgently needs to set itself up on the path to wealth creation.