Central Bank of Kenya CBK has expressed concern that the global
economy risks undergoing a recession, if the United Kingdom UK pulls out
of the European Union through the Brexit Referendum Polls.
“Brexit could strain the global economy as it would introduce a lot
of uncertainty. Economic actors would be more unwilling to make
decisions and this would affect investments,” said CBK Governor Dr.
Patrick Njoroge.
Dr. Njoroge has said that in the short term, the market would experience turbulence in the financial markets.
“The global economy is weak. And it would not take much to push us
into negative territory and keep us there for a period of time.” Added
Njoroge.
Dr. Njoroge has given hope to the Kenyan economy explaining that this economy would not be immensely affected by the Brexit.
“Kenya has proven in the past that it is resilient. Although Kenya is
part of the world economy it is not as connected to the UK economy as
compared to other countries. We are mainly connected to the economies of
the African region,” he explained.
“25% of our exports go to our EAC Partners. 40% goes to COMESA. In
that sense the direction of our trade is more to the region,” he
continued.
He added that if there was a chance that Kenya would be affected then it would be through indirect channels.
“Nevertheless we are in an interconnected world so Kenya could feel
some effect. That notwithstanding we are still ready; we have enough
foreign exchange reserves of $5.6 billion. We also have enough reserves
in case of need in the IMF Precautionary Program, ” he said.
Saturday, 25 June 2016
Tuesday, 21 June 2016
Curtains Closing For Daadab Camp
As the
globe marked World Refugees Day on Monday, humanitarian agencies in Kenya seemed
to warm up to the steps being taken by the country to close Daadab Refugee
Camp.
The United
Nations UN in Kenya reiterated that if repatriation was to take place then the
dignity of the refugees had to be maintained.
The Kenyan
government said that Daadab camp which has been in existence for around 25
years was playing host to terrorists.
The
Ministry of Interior stated that the WestGate and Garissa University attacks
were traced back to the camp.
‘This is a
clear indication that this camp needs to come to a close. There are imposters
said to hide weapons. People of Kenya have to be given priority and to ensure
their safety. There have been security threats emanating from hosting refugees,’
said Cabinet Secretary for Interior Joseph Nkaissery in a statement read by
Joseph Irungu, the Chairman for the National Multiagency Repatriation Team.
‘We
acknowledge that we have an international obligation to protect refugees and
asylum seekers within our borders after ratifying the 1951 UN Convention on the
status of refugees. However the refugee status is not supposed to be a
permanent phenomenon but just a temporary solution for asylum seekers,’ he
explained.
.Irungu
said that it was a worrying trend that the camp was open 25 years ago yet no
lasting solution was found to ensure sustainable peace in Somalia.
‘I call
upon the international community to bring their heads together to bring
tranquil in Somalia,’ he continued.
Another
worry brought forth by the UN was that most refugees were being hosted by
developing nations.
‘Almost
90% of the world’s refugees are hosted in developing countries. 8 countries
host more than half of the refugees and Kenya is one of the countries that
provide that hospitality and generosity,’ said Siddharth Chatterjee UN Resident
Co-ordinator.
‘Close to
60 million people have been displaced as a result of natural disasters, effects
of climate change and conflict. This is the biggest human indignity to be ever
witnessed. And as UN Secretary General Ban Ki Moon would put it, is that this
is not a crisis of numbers but it is a crisis of solidarity. Only 10 countries
only offer 75% of the UN’s budget to resolve their plight,’ he continued.
The
American Embassy in Kenya has stated that the number of women, children and men
being forcibly displaced and fleeing hostile situations in their countries has
been increasing.
‘This year
it has climbed by over 5 million people. Tragically most of these are children.
Humanitarian leadership is important as crisis after crisis unfolds to keep
borders opening and flowing. This will help save millions of lives,’ advised US
Ambassador to Kenya Robert Godec.
Godec said that humanitarian systems are under
great strain to sustain populations being displaced.
‘Every
year the needs outstrip the resources available. The amount of time refugees
spend in exile can stretch to a month, a year and in many places including here
in Kenya even a decade. At the same time America is expanding its own
Resettlement Program to admit as many as 85,000 refugees this year from the
target of 70,000 we have had in the last three years ,’ he continued.
According
to the Refugee Consortium of Kenya top global destinations in the world for
refugees are Turkey, Pakistan, Lebanon, Iran, Ethiopia and Jordan while top
sources are Syria, Afghanistan and Somalia.
In Africa
top hosts are Ethiopia and Kenya with the latter housing almost 600,000
refugees and asylum seekers from different nationalities.
Wednesday, 15 June 2016
Kenya is Getting Healthier, New Report
Kenya on Tuesday joined four other countries that
simultaneously launched the Global Nutrition Report 2016.
The report that was also launched in South Africa,
Sweden, the USA and India explains that Kenya is progressing as it is the only
country in the world that has shown progress in all the five World Health
Assembly (WHA) nutrition targets.
‘More than a quarter (26%) of children below 5 years
are stunted while 11% are underweight, 4% are wasted. Kenya ranks 5th
in Sub Saharan Africa in breast feeding prevalence,’ commented Cabinet Secretary
for Health Dr. Cleopa Mailu.
However there are still nutritional disparities in
the nutritional status across different counties.
‘Policies in Kenya are elaborate to eliminate
malnutrition. However people should know that these plans exist. Because health
has been devolved then county governments should set aside budgets for
nutrition,’ said Grainne Moloney Chief, Nutrition Section from UNICEF.
Ms. Moloney advised county governments to prioritize
issues of nutrition.
‘Improving nutrition is one of the core commitments
of my ministry as it plays a big role both prevention and management of
diseases. This can be reflected in the Kenya health Sector Strategic Plan
(KHSSP) and in the Kenya National Nutrition Action Plan (2012-2017),’ said Dr.
Mailu.
Parliamentary Health Committee chairperson Dr.
Rachel Nyamai has said that Parliament has passed several laws that support
nutrition in Kenya like Nutritionists and Dieticians Act and lately the health
Bill which is at the Senate level.
The First Lady Margaret Kenyatta who is the patron of the scaling-up
nutrition movement said the Kenya’s National strategy for the National Nutrition Action Plan both
demonstrate Kenya’s national choice and consciousness on the importance
of preserving and advancing the health of all Kenyans.
‘To end
malnutrition there is need for proper policy direction, national investment on
the area of nutrition and awareness especially on the need for exclusive
breastfeeding. The burden of malnutrition robs our children from experiencing
their full potential and it affects families, communities and societies,’
concluded he First Lady.
Monday, 13 June 2016
Jacob Juma attracts highest amount of traffic on Google in May
Google has released trends of what Kenyans searched for online during the month of May with businessman, the late Jacob Juma, topping the list of most trending searches. Juma was found dead in his car on 5 May, prompting Kenyans to find out more about events surrounding his death.
The second most trending search was Cheryl Kitonga, a university student who became infamous after an expose on Juma’s death by one of the local TV stations, which created debate across social media circles. Renowned media personality, Caroline Mutoko took to her YouTube channel to express her disappointment while at the same time expressing her defense for twenty-six year old Cheryl.
Third on the list was Swiss professional footballer Granit Xhaka after English football club Arsenal confirmed that it had signed the 23 year old from German football club Borussia Mönchengladbach for 25 million pounds.
Former Cabinet Minister Soita Shitanda was fourth on the list of most trending searches following his death while undergoing treatment at Nairobi Hospital. The former Malava Member of Parliament had been admitted at the hospital for two weeks before he succumbed to the illness on Tuesday, 24 May.
The fifth most trending search was Rubella - an infection caused by the rubella virus. The infection, which is also known as German measles, was a trending search after the Ministry of Health announced that it would be conducting a vaccination drive across the country’s 47 counties.
Other trending searches were: Mother’s Day as people celebrated motherhood on Sunday, May 8. This is a recurring search as Kenyans celebrated mother’s day on March 26 (which is mother’s day in the United Kingdom) as well as May 8 (which is mother’s day in the United States); Chikungunya an infection caused by the chikungunya virus after the County Government of Mandera announced that an outbreak of the infection had claimed 14 lives as at Tuesday, May 31; Nyota Ndogo, after photos of her wedding surfaced online; Conjestina Achieng after false rumours of the former female World Boxing Champion’s demise surfaced online and Friday the 13th, as people went online to find out more about the day - commonly considered an unlucky day in western superstition.
The “What is” category was driven by curious Kenyans - who went online to find answers to some of their burning questions. What is rubella? was the most trending ‘what is’ search while What is a grammy? was second on the list perhaps owing to the 58th annual grammy awards ceremony. What is hysteria was the third most trending ‘what is’ search as people sought to find out more about the psychological disorder. Other “what is” searches were: what is a cover letter; what is drooling; what is epilepsy; what is memorial day; what is floating check; what is climate change and what is a schengen visa.
In the ‘How to’ category, the dominant trending search was How to stop prolonged menses as people turned to search to find a solution to the condition. Excessive menstrual bleeding or Menorrhagia is usually caused by a hormonal imbalance, stress, excessive weight loss or gain among other factors. Doctors advice that if the condition persists for 7 or more days, one ought to consult a gynecologist. The second most trending ‘How to’ search was how to make simple fruit cake at home as people looked up simple cake recipes while How to style mambo twist came third on the list. Other trending ‘How to’ searches were: How to lose weight fast; How to file taxes online; How to make lemonade; How to have bigger hips; How to solve a rubix cube; How to use a computer and How to care for natural hair.
Most Trending Searches
- Jacob Juma
- Cheryl Kitonga
- Granit Xhaka
- Soita shitanda
- Rubella
- Mother’s day
- Chikungunya
- Nyota Ndogo
- Conjestina Achieng
- Friday the 13th
Most Trending ‘What is’ searches
- What is rubella?
- What is a grammy?
- What is hysteria?
- What is a cover letter?
- What is drooling?
- What is epilepsy?
- What is memorial day?
- What is floating check?
- What is climate change?
- What is a schengen visa
Most Trending ‘How to’ searches
- How to stop prolonged menses
- How to make simple fruit cake at home
- How to style mambo twist
- How to lose weight fast
- How to file taxes online
- How to make lemonade
- How to have bigger hips
- How to solve a rubix cube
- How to use a computer
- How to care for natural hairVia Agencies
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