<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>President Uhuru Kenyatta begun his 3 day visit to visit to London, with the aim to ink several economic and security deals on the back of the trade agreement Kenya signed in December with Britain to ensure an uninterrupted flow of goods between the two nations upon the UK’s exit from the European Union trading arrangements. The United Kingdom is expected to announce a $182.6 million new government and private investment into Big Four Projects, including affordable housing and manufacturing. Economic Analyst Odhiambo Ramogi  joins CNBC Africa for more.</p>


President Kenyatta embarks on 3-day visit to the UK

<div style="max-width: 100%;">&nbsp;</div>
<p>&nbsp;</p>
<p>African power utilities are struggling with huge operational inefficiencies estimated at more than $3 billion annually with most of its electricity providers barely breaking even, limiting their scope for reinvestment. Where do the challenges lie? Economic Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


Ramo

Odhiambo Ramogi: Why profitability has remained elusive for Africa’s power utilities

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Last week, the UK banned travellers from Kenya, except UK nationals, citing that Kenya’s Covid-19 certifications for travellers had been faulty. Kenya Airways retaliated by suspended passenger flights between Kenya and the UK. Economist, Odhiambo Ramogi joins CNBC Africa for more.</p>


What’s next for Kenya

What’s next for Kenya, UK after travel ban?

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>As the current Africa Growth and Opportunity Act (AGOA) edges close to expiry, last year on the 8th of July Kenya and the United States formally launched negotiations for a new bilateral trade pact.</p>


Economist Odhiambo Ramogi gives update on the Kenya-US trade talks

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6213023028001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>It has been noted that tax administrations not only in the region but across the continent need to embrace technological solutions to ensure they meet revenue targets and enhance compliance amongst the tax base. Economic Analyst Odhiambo Ramogi joins CNBC Africa for more.</p>


How the EAC can leverage technology to meet revenue targets

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6211180256001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Three of Kenya’s blue chip companies have seen a fall in third quarter performance as companies start to grapple with the effects of the COVID-19 fallout. Economic Analyst, Odhiambo Ramogi, spoke to CNBC Africa on the latest market updates from the Nairobi Securities Exchange.</p>


How COVID-19 affected the performance of Kenyan banks in third quarter

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6208381625001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>In Kenya, the collapse of Nakumatt Supermarket, Imperial Bank, Chase Bank, and Athi River Mining has affected thousands of corporate bondholders. Moreover, the Capital Markets Authority in the country has admitted that the corporate bonds markets remain depressed and illiquid. Economic Analyst Odhiambo Ramogi joins CNBC Africa for more.</p>


COVID-19: How the pandemic has impacted Kenya’s bond market

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6200218889001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>In Kenya, more than 337 unregulated digital mobile lenders and micro financiers have been barred from forwarding the names of loan defaulters to Credit Reference Bureaus, a move that aims to cushion distressed businesses and households from the effects of the coronavirus pandemic. This comes at a time when the banking sector is struggling with mounting unpaid loans whose share has risen to the highest level since August 2007. Economic Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


Kenya bars 337 digital mobile lenders from CRB listing

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6182226572001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>East African Community calls for sanctions on Burundi and South Sudan following the chronic defaulting of annual payments by the member states, resulting in liquidity challenges. By August 4, South Sudan owed the Community more than $24 million and Burundi $6.5 million. CNBC Africa&#8217;s Fiona Muthoni spoke with Economic Analyst, Odhiambo Ramogi for more.</p>


South Sudan & Burundi face deadline over EAC annual payments

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6181095789001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The launch of a regional electronic cargo and driver tracking system which was scheduled to start today (13th August) as one of the measures aimed at preventing further spread of the COVID-19 pandemic has been postponed. Moreover, on June 30th, the East African Legislative Assembly passed a motion to censure South Sudan and Burundi for defaulting on their annual payments and it also recommended that the Council of Ministers take further action against the two countries. Economic Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


EAC: South Sudan & Burundi sanctioned for defaulting on their annual payments

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6173201655001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Last week, NCBA Group shut 14 of its branches in Kenya due to COVID-19, which has reduced business activities on extended state restrictions on mass gathering as it eyes cost savings. Moreover, I&#038;M Holdings PLC has issued a cautionary announcement advising its shareholders of its plans to acquire 90 per cent of the ownership of Uganda’s Orient Bank Limited, which may affect the value of its shares. Economic Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


A challenging year for Kenyan banks amid the COVID-19 crisis

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6165651889001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>In Kenya, the ‘Big 4’ Agenda projects have been allocated Ksh128.3 billion in the 2020/21 National Budget, a massive drop from Ksh450.9 billion allocated in last year’s budget. Moreover, according to President Uhuru Kenyatta, Kenya has delayed talks on a trade deal with the United States until a pan-African trade bloc comes into force. Odhiambo Ramogi, Economic Analyst joins CNBC Africa for more.</p>


How COVID-19 has disrupted Kenya’s budget plans

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6158511986001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>In Kenya diesel prices fell by the largest margin in 13 years on lower global crude prices. The prices would have fallen deeper were it not for the new levies imposed on fuel last month following changes to the laws that also introduced tax reliefs to protect the economy against the COVID-19 pandemic. Moreover, the country will continue with plans to build a $1.135 billion pipeline from Lokichar to Lamu to boost its crude oil exports despite the concern over falling prices of the commodity in the global market. Odhiambo Ramogi, Economic Analyst joins CNBC Africa for more.</p>


COVID-19: Kenya continues pipeline plan despite drop in oil prices

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6106633080001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Equity Bank is in talks to acquire a 66.5 per cent stake in a top bank in the Democratic Republic of Congo (DRC), Banque Commerciale du Congo. The Nairobi Securities Exchange-listed bank said it will pay $105 million in cash for the 625,354 shares owned by George Arthur Forrest family inclusive of dividends that the bank will declare after 1 January. Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


Equity Bank eyes stake in DRC’s Banque Commerciale du Congo

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6100706861001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>In the latest World Bank Ease of Doing Business report, Kenya improved five positions to 56 globally on attractiveness to investors up from 61 last year. To share on the reforms implemented this year and what to look out for in the future, Economic Analyst, Odhiambo Ramogi joins CNBC Africa.</p>


Kenya’s rank climbs five places in World Bank’s ease of doing business ranking

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6089732505001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Earlier this week, Japan will give Kenya nearly $860 million in concessional loans and grants for the construction of a bridge in Mombasa and other infrastructure projects to support an economic zone there. Economic Analyst Odhiambo Ramogi joins CNBC Africa for more.</p>


Japan pledges $860mn in development aid for Kenya

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6087750308001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>In Kenya, banks have opposed the interest rate cap that puts the ceiling at 13 per cent and instead lobbied for the introduction of risk-based lending but members of Parliament have consistently rejected the proposal. Kenya Banker Association (KBA) presented their proposal to Parliament in support of an amendment of Banking Act under the Finance Bill 2019. To share what is at stake, Economic Analyst, Odhiambo Ramogi joins CNBC Africa for more.</p>


Odhiambo Ramogi

President Kenyatta embarks on 3-day visit to the UK

Odhiambo Ramogi: Why profitability has remained elusive for Africa’s power utilities

What’s next for Kenya, UK after travel ban?

Economist Odhiambo Ramogi gives update on the Kenya-US trade talks

How the EAC can leverage technology to meet revenue targets

How COVID-19 affected the performance of Kenyan banks in third quarter

COVID-19: How the pandemic has impacted Kenya’s bond market

Kenya bars 337 digital mobile lenders from CRB listing

South Sudan & Burundi face deadline over EAC annual payments

EAC: South Sudan & Burundi sanctioned for defaulting on their annual payments

A challenging year for Kenyan banks amid the COVID-19 crisis

How COVID-19 has disrupted Kenya’s budget plans

COVID-19: Kenya continues pipeline plan despite drop in oil prices

Equity Bank eyes stake in DRC’s Banque Commerciale du Congo

Kenya’s rank climbs five places in World Bank’s ease of doing business ranking

Japan pledges $860mn in development aid for Kenya

Kenyan banks say rate cap counterproductive

News Tips

Advertise With Us

Odhiambo Ramogi

President Kenyatta embarks on 3-day visit to the UK

Odhiambo Ramogi: Why profitability has remained elusive for Africa’s power utilities

What’s next for Kenya, UK after travel ban?

Economist Odhiambo Ramogi gives update on the Kenya-US trade talks

How the EAC can leverage technology to meet revenue targets

How COVID-19 affected the performance of Kenyan banks in third quarter

COVID-19: How the pandemic has impacted Kenya’s bond market

Kenya bars 337 digital mobile lenders from CRB listing

South Sudan & Burundi face deadline over EAC annual payments

EAC: South Sudan & Burundi sanctioned for defaulting on their annual payments

A challenging year for Kenyan banks amid the COVID-19 crisis

How COVID-19 has disrupted Kenya’s budget plans

COVID-19: Kenya continues pipeline plan despite drop in oil prices

Equity Bank eyes stake in DRC’s Banque Commerciale du Congo

Kenya’s rank climbs five places in World Bank’s ease of doing business ranking

Japan pledges $860mn in development aid for Kenya

Kenyan banks say rate cap counterproductive

News Tips

Advertise With Us

Newsletters