Afternoon business highlights – September 19 2017

Afternoon business highlights – September 19 2017

Kenya moves to strengthen ties with UAE

Kenya and United Arabs Emirates (UAE) have signed a bilateral agreement to establish a mechanism for political consultations aimed at strengthening existing bilateral relations and cooperation. In a brief ceremony on the sidelines of the ongoing United Nations General Assembly in New York, USA, yesterday the two country’s Foreign Ministers, Amb Amina Mohamed and His Highness Sheikh Abdullah bin Zayed Al Nahyan of UAE put paper to ink on what they reckoned was an affirmation of the importance of coordinating bilateral relations and regional and international issues of common interests.

AfDB, Brazil to groom African youth in cassava processing

The African Development Bank (AfDB) and the Brazil-Africa Institute (BAI) have launched the Youth Technical Training Program (YTTP) − an initiative that aims to train young African professionals in research and technology transfer, contributing to local capacity development. The YTTP initiative is sponsored under the South–South Cooperation Trust Fund (SSCTF) and will consists of an array of professional development schemes to meet diverse needs of African countries by utilizing Brazil’s technology, skills and knowledge. Focus areas include agriculture and rural development, health, education, information and communication, infrastructure, and the creative industry. As part of this initiative, both parties on Thursday, September 14, announced the commencement of training of African youth for rewarding careers in cassava processing.

Desperate banks seeking business from SMEs despite lending rate cap

Local lenders are focusing their attention on small businesses through tailored products despite a law that put a cap on the interest rates that banks could charge their clients. The lenders have since come up with unique products in a bid to woo Small and Medium-sized Enterprises (SMEs). However, some investment analysts say that launching SME products may not be sustainable for many lenders as some are still reluctant to finance SMEs.


Previous Sports headlines-September 19 2017 Ox right to pick Liverpool - Klopp
Next Tuskys and Nakumatt set the record straight on rumoured merger

You might also like

News 0 Comments

Arrest made in Chapecoense air crash inquiry

Authorities in Bolivia have arrested the head of the airline involved in a crash last week that killed 71 people, including most of the Brazilian football team, Chapecoense. Gustavo Vargas,

Sports 0 Comments

Skipper Wanyama joins Stars’ camp ahead of Chipolopolo clash

National team captain Victor Wanyama joined Harambee Stars camp Tuesday evening after his intended move from Southampton to Tottenham Hotspurs failed. Wanyama is nevertheless expected to be up to his

Latest 0 Comments

Nairobians too busy to vote

Majority of Nairobians at 25 percent have expressly said they will not vote in the 2017 general elections as they are too busy for the exercise. The reason explains why


No Comments Yet!

You can be first to comment this post!

Leave a Reply