VOANews
Providing financial services to some of the world’s poorest people through mobile phones is proving to be a lucrative business in developing nations. The GSM Association, which represents the global telecom industry, says the number of people using mobile phones to send or receive money will grow exponentially in the next few years. [...]
Nov 29, 2009
Abu Dhabi, Nov 29th, 2009 (WAM)–Central Bank of the UAE announced today that it stands behind UAE banks and branches of foreign banks operating in the country.
Central Bank has issued a notice to the UAE banks and branches of foreign banks operating in the UAE, making available to them a special [...]
Can Kenya survive a financial free fall?
BEIJING, Nov. 27 (Xinhuanet)
Confidence of Western investors across the Gulf has been shaken by the Dubai government’s shock decision to ask creditor banks for six-month delay on its massive debt repayments on Thursday.
Western investors turned to the oil-exporting Gulf region for help during the global financial crisis.
But [...]
A search for Director General at the Kenya Ant Corruption Commission has culminated in the identification of Dr P.L.O Lumumba, a constitutional lawyer famed for his oratory ability
The Prime Minister Raila Odinga empahasized the importance of protecting Lake Victoria. Meanwhile Minister for Fisheries Paul Otuoma decried use of illegal fishing gears.
Sickening and shocking effect of pollution from the mills on the community of pop. 80,000, according to a published report.
By Fwamba Nc Fwamba
It is imperative and the wish of majority of Kenyans especially the youth to see a better future for our country. We want a nation free from corruption, free from impunity and free from bad and immoral leadership. The mentioned characteristics have epitomized Kenyan political leadership for a long time. We as [...]
By Patrick Idwasi.
Over a month has gone and the deliberations and outcomes of the investments conference which was held at MMU, Kakamega, have not been disseminated to the people who matter most, the wananchi. Any meaningful development has to involve the people on the ground and not just the politicians and the other conferees. Let [...]
The first Diaspora presidential candidate Prof. George L Wajackoyah talks to Luvei Times about his intentions to succeed retiring President Mwai Kibaki as the fourth president of Republic of Kenya.
From a destitute in the street of Nairobi, to police inspector to a practicing lawyer and currently a professor of law in the US, it’s been [...]
By Hudson Gumbihi
The fear of taking loans has led to a stagnating economy in Western province, it recently emerged at a stakeholders meeting in Kakamega town. Local leaders and opinion leaders attending the two-day seminar whose theme was to explore ways of socio-economic development of the region lamented that their people had shunned walking into [...]
