Kenya’s economy expanded at the slowest pace since December 2013 as a government-imposed cap on commercial lending rates, a drought and disputed elections weighed on growth in the world’s largest exporter of black tea, reports Bloomberg. The gross domestic product in East Africa’s largest economy expanded by 4.4 percent from
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Chief Executive Officers (CEOs) and Managing Directors of companies make top decisions of the institutions they lead in consultation with Board of Directors. They are in charge of the day to day running of these institutions. They steer the growth of these institutions. In no particular order, Business Focus brings
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Tanzanian president John Magufuli has been feted the overall winner of the Mandela Peace Price by controversial Paris-based Mandela Institute. Magufuli beat 4,955 applicants to bag the award for what the award’s jury termed as his immense contribution to the promotion of peace and social equality in Tanzania. He took
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Huawei Technologies Co. warned of its slowest revenue growth since 2013, despite making headway against Apple Inc. in global smartphones, reports Bloomberg. Revenue at China’s biggest telecommunications gear maker probably rose 15 percent to 600 billion yuan ($92 billion) in 2017, rotating Chief Executive Officer Ken Hu said in a
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By Stephen Kaboyo 2017 has been patchy with respect to economic activity. There was a general slowdown in almost all sectors of the economy. A number of economic factors inhibited economic expansion for much of the year and these were; weak consumer demand, weak currency, inflationary pressures driven by high food prices
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Bitcoin resumed its slide Thursday, dipping below $14,000 as the cryptocurrency’s dizzying drop from a record set 10 days ago intensified. The latest blow to the world’s biggest cryptocurrency came from South Korea, where the government said it was eyeing options for stamping out a frenzy of speculation, including a potential
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If you've had enough of disappointing first dates, this new app could herald a new era of dating where you have sexual chemistry with every person you meet. A genetics-based app called Pheramor has pinpointed 11 genes that link to our pheromones and therefore whether we are sexually compatible with
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Frenchman Sebastien Desabre has been unveiled as the new coach of Uganda's national team. Desabre arrived in Kampala just hours after leading Ismaili to a 5-1 win over El Raja in his final match in charge of the Egyptian club on Wednesday. "I'm happy to be in Uganda to coach
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George Weah has lived a very fulfilled life, one in which he has achieved a lot. The only player to win the African, European and world footballer of the year titles in one season – in 1995 – the former Monaco, Paris Saint-Germain, Milan and Chelsea striker has a very
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Frenchman Sebastien Desabre looks set to be the man who will be unveiled as the new coach of Uganda's national team on Thursday. Desabre was one of the four men named on a shortlist by the Federation of Uganda Football Associations (Fufa) on 22 December. Reports from Egypt say that Desabre has
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