Month: July 2019

Bobi Wine has declared his presidential bid against President Yoweri Museveni in 2021

25th July 2019

Bobi Wine has declared his presidential bid against President Yoweri Museveni in 2021 The controversial Ugandan singer and Member of Parliament, Bobi Wine has officially declared his interest in the presidential seat come 2021 national elections. Bobi Wine’s real name is Robert Kyagulanyi Ssentamu. He has shown willingness to challenge President Yoweri Museveni who has been in […]

Read More

Garissa County budget absorption for the first 9 months of 2018/2019

25th July 2019

Garissa County budget absorption for the first 9 months of 2018/2019 The approved Garissa County budget for financial year 2018/2019 was Ksh. 10.16 billion. The county government expected to collect Ksh. 250 million from own sources of revenue and Ksh. 6.93 billion from national government in the form of equitable share. However for the first […]

Read More

Amb. Ukur Yattani appointed acting CS for National Treasury Kenya

24th July 2019

Amb. Ukur Yattani appointed as acting CS for National Treasury Kenya  President Uhuru Kenyatta has appointed Ambassador Ukur Yattani as the acting Cabinet Secretary for Kenya National Treasury. He is replacing Cabinet Secretary Henry Rotich who is facing corruption charges alongside his Principal Secretary Dr. Kamau Thugge.  Ambassador Ukur Yattani was elected and served as […]

Read More

Kwale County budget absorption for first 9 months of FY 2018/2019

24th July 2019

Kwale County budget absorption for first 9 months of FY 2018/2019 The Kwale County budget had an approved budget of Ksh. 12.23 billion for FY 2018/2019. The county expected to receive Ksh. 7.54 billion from the national government as equitable share and raise Ksh. 303 million from Own Source of Revenue (OSR) among other sources. […]

Read More

An abusive woman attacks boyfriend for looking at other women (video)

24th July 2019

An abusive woman attacks boyfriend for looking at other women (video) An abusive woman turned extremely abusive to her boyfriend while in a plane and even hit him on the head with a laptop. Reason: she looked at other women.  The video of an abusive woman posted by Petey 501 easily went viral. The women […]

Read More

Emotional meeting when US Army Sgt made a surprise visit to his mum at work in Georgia (video)

24th July 2019

Emotional meeting when US Army Sgt made a surprise visit to his mum at work in Georgia (video) A woman in Savannah Georgia on seeing her son, U.S. Army Sgt. Christopher Williams, shouted, “my baby is home!” This happened during a surprise visit to her mother’s work place where she drives sight seeing trolley.  On […]

Read More

Donald B Kipkorir criticizes retired people who still apply for jobs

24th July 2019

Donald B Kipkorir criticizes retired people who still apply for jobs  “When you are over 60 Years & have served in various levels as a CEO, why do you still apply for positions that demand interviews? How can you so disrespect yourself? Should you be in a Public Office to serve? After certain age, one […]

Read More

Economics: What is Ricardian Equivalence?

23rd July 2019

Economics: What is Ricardian Equivalence? Ricardian Equivalence is a situation which was named after David Ricardo.  “Consumers respond to changes in fiscal policy in ways that make fiscal policy less effective. If government cuts taxes to stimulate the economy, people may choose to save the tax cut instead of spending it. If people save their […]

Read More

How did Nairobi City County spend Money in the first 9 months of 2018/2019?

23rd July 2019

How did Nairobi City County spend Money in the first 9 months of 2018/2019? I remember vividly, Nairobi City County had an approved budget of Ksh. 32 billion in FY 2018/2019. However, the non-inclusive supplementary budget changed it to Ksh. 33.34 billion.  By the way, we need to do something about supplementary budgets they are […]

Read More

T-Series vs Pewdiepie

23rd July 2019

T-Series vs pewdiepie   Description  T-Series is ranked among the leading YouTube Channels in the world.  “Music can change the world”. T-Series is India’s largest Music Label & Movie Studio, believes in bringing world close together through its music. T-Series is associated with music industry from past three decades, having ample catalogue of music comprising plenty […]

Read More

CS Henry Rotich presents himself before the DCI

22nd July 2019

CS Henry Rotich presents himself before the DCI CS Henry Rotich, the Cabinet Secretary National Treasury, was today listed among 21 people who were to be arrested and arraigned in court over the Kimwarer and Arror dams scandal. He and and Principal Secretary Dr. Kamau Thugge presented themselves before the DCI for questioning.  Read More: […]

Read More

“Four billion was withdrawn in CASH from a bank in Westlands,” Mutahi Ngunyi

22nd July 2019

“Four billion was withdrawn in CASH from a bank in Westlands,” Mutahi Ngunyi This Twitter message was shared by Professor Mutahi Ngunyi regarding the manner in which the Arror and Kimwarer dam cash was withdrawn from a bank in Westlands.  According to DCI, 4 billion was withdrawn in CASH from a WESTLANDS bank. It was […]

Read More

State of Devolution in Kenya

22nd July 2019

State of Devolution in Kenya In 1963 Kenya adopted a Majimbo form of government comprising 8 regions below the national government. We are revisiting the state of devolution in Kenya. Once again we have adopted devolution in Kenya. This is a pure form of decentralization.  Each of these regions was headed by a president whose […]

Read More

Manu Chandaria formalizes his marriage at AG Chambers after 64 years

19th July 2019

Manu Chandaria formalizes his marriage at AG Chambers after 64 years The renown businessman Manu Chandaria has formalized his marriage to Aruna Chandaria after 64 years of living together.  Kenyans on Twitter we even more impressed by the fact that Manu Chandaria budget for the wedding was even more impressive.  The Standard Newspaper reported that […]

Read More

Economic growth vs economic development

19th July 2019

Economic growth vs economic development #PublicPolicySeries  Many people use interchangeably the terms economic growth and economic development. These are not synonyms and as a result, let me attempt to differentiate between the two.  Economic growth focuses largely on growth of Gross Domestic Product (GDP) whereas economic development focuses reducing inequality, unemployment and poverty.  The diagram […]

Read More

Okun’s Law

19th July 2019

Okun’s Law There is an inverse relationship between Gross Domestic Product (GDP) growth and unemployment. To be specific according to Professor Okun’s original research, “a 3% increase in real GDP leads to a 1% point decrease in unemployment rate.”  The law was later updated to read, “a 2% output growth leads to a 1% decrease […]

Read More

Twitter Stories: Wycliffe Oparanya’s son Ian graduates with 1st Class degree in Economics

19th July 2019

Twitter Stories: Wycliffe Oparanya’s son Ian graduates with 1st Class degree in Economics Kakamega County Governor Wycliffe Oparanya‘s son, Ian Oparanya, took to twitter to celebrate his graduation with a first class degree in Economics from University of Bradford in the United Kingdom (UK).  The graduation ceremonies took place on 16, 17 and 18 July […]

Read More

5 Reasons why public finance is important

19th July 2019

5 Reasons why Public Finance is Important  1) For governments to provide public goods for instance, defense, street lighting, railways and roads makes it necessary to have public finance; 2) Public finance makes it possible to deal will spillovers as well as externalities such as pollution among others; 3) Income distribution through collection tax revenues […]

Read More

Pension Industry in Kenya to Finance the Big Four Agenda

18th July 2019

Pension Industry in Kenya to finance the Big Four Agenda  Background Since yesterday we have been engaging in a lot of debate around the new plans by national government to use resources from the pension industry in Kenya (Occupational Retirement Benefit Schemes) to invest in the Big Four Agenda particularly on housing, manufacturing, Universal Healthcare […]

Read More

Components of Public Finance

18th July 2019

Components of Public Finance There are various components of public finance. These are: a) Public revenue Under this component we discuss taxation and its effects on the economy. Secondly, there are non-tax sources of public revenues such as interest receipts, fees, grants and fines. b) Public Expenditure This is a tool for implementing welfare and […]

Read More
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.
error

Enjoy this blog? Please spread the word :)

Skip to toolbar