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Business


Risky behavior in youths and the motivation to earn a living

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Coastal Kenya

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Public sector management, institutions and reform According to the Kenya Salaries and Remuneration Commission (SRC), over 55% of the government’s domestic revenue was being spent on salaries to public servants in December 2014. The SRC fears that the wage bill will attain unsustainable levels. The SRC has commenced a comprehensive job evaluation of all state …

Macroeconomic policy Fiscal policy Kenya’s tax-revenue-to-GDP ratio of about 20% since 2010 has been high by regional standards, exceeding the tax-to-GDP ratios in Tanzania (17.4% in FY 2013/14) and Uganda (13% in FY 2013/14). The fiscal deficit (including grants) remained around 5% of GDP between fiscal years 2011/12 and 2012/13, rising from 4.0% to 5.6%, …

South Africa GDP  1960-2016 | Data | Chart | Calendar | Forecast | News The Gross Domestic Product (GDP) in South Africa was worth 350.09 billion US dollars in 2014. The GDP value of South Africa represents 0.56 percent of the world economy. GDP in South Africa averaged 123.92 USD Billion from 1960 until 2014, reaching …

UK economic growth edged higher in the final quarter of last year, according to the initial official estimate of gross domestic product. However, the upturn masks an unbalanced economy and a slowing underlying pace of expansion, with the annual rate of growth slipping to the weakest for almost three years. Survey data also pointed to …

South Korea Balance of Trade  1966-2016 | Data | Chart | Calendar South Korea recorded a trade surplus of USD 5.3 billion in January of 2016, virtually unchanged from a year earlier and below market expectations of USD 6.68 billion. Exports fell 18.5 percent year-on-year, the biggest decrease since August of 2009. Also, imports went down …

By Calestous Juma Professor of the Practice of International Development Director, Science, Technology, Globalization Belfer Center for Science and International Affairs This policy brief is based on The New Harvest: Agricultural Innovation in Africa by Calestous Juma. TOP LINES Africa can feed itself in a generation. Its agriculture has suffered a century of neglect, but a …

By Alex Obiria; aobiria@mtkenyatimes.co.ke -GDP growth amounted to 6.9% and 5.7% in 2012 and 2013, respectively, while the 2014 estimate and the 2015 projection show economic expansion of 5.3% and 6.5%, respectively. -In 2013 and 2014, the economy experienced a stable macroeconomic environment with single-digit inflation, whereas the political scene was dominated in 2014 by …

In the past, the creative industry has always been deemed to be for the jokers in life, for people who couldn’t make it in school and generally the failures in the society. However, this opinion is gradually beginning to change as the creative economy begins to become a rather big and booming business. The industry …

CONTRACTS Many questions   have been asked about this topic. Contracts are important, well yes, but few know that they are legally binding documents. Thus we can safely say that a contract is a legally binding agreement between two or more people. The next question then becomes, what constitutes this legally binding document?First off,there must be …

The European Commission’s Public Consultation on the Regulatory Environment for Platforms, Online Intermediaries, Data and Cloud Computing and the Collaborative Economy “appears aimed at developing new regulations for a broad swath of the internet economy,” states Thomas Lenard in comments released today by the Technology Policy Institute.  The consultation, he added, “potentially implicates the entire …