When US President Donald Trump decided to leave the Trans-Pacific Partnership trade pact, in 2017 a new chapter on global trade was being designed. The US went ahead to unilaterally impose taxes on imports from the European Union, China, Canada and Mexico. This prompted a “tariff war” as all these countries retaliated by imposing similar taxes on US imports. For the better part of 2018 the US and China the two largest economies have been caught up in a trade war by subjecting imports from each other to what is being interpreted as ‘punitive tariffs’.
Publish Date: Monday, October 22nd 2018 |
Nairobi is Kenya’s capital city. This city of 4 million inhabitants today has stoically held to the status of East Africa’s financial, technological and communications hub since 1907. Nairobi has a long history spiced by local cultures, trade with Persia, Middle East, India, the Far East and the beginning of British colonialism.
Publish Date: Wednesday, August 15th 2018 |
Even though Africa’s trade balance in the last five years has deteriorated, the continent is determined to create the world’s largest trading area to redress the trade imbalances that stifle its progress.
To achieve this, studies by the World Bank and the International Monetary Fund (IMF) show that a planned African Continental Free Trade Area (CFTA) set to be inked this year will transform African banking system significantly as it will bring together a population of 1 billion people drawn from 55 African countries with a GDP estimated at $2.19trillion.
Publish Date: Tuesday, March 13th 2018 |
Sometime back in 1976, then Kenya’s founding Father Mzee Jomo Kenyatta gazetted the Tana River Primate National Reserve (TRPNR) as a special protected area for two endangered primates and their riverine forest. What however the government officers did not tell Kenyatta is that he had gazetted several Pokomo villages. Right at the centre of the reserve Pokomo villages were thriving. They still reside in these villages to this day.
Publish Date: Thursday, January 11th 2018 |
To this day the riverine farming community of the Pokomo residing along the Kenya’s main river the Tana is still traumatized whenever the World Bank is mentioned. It is the same story for the Wardei and Orma pastoralists’ communities, who neighbour the Pokomo.
Publish Date: Wednesday, January 10th 2018 |
