- Corruption in Kenya is ‘ethical’
- Kenyas Economy: Where to go from here
- Budget Reflections
- Regeneration in Kenya
- The Rogue Ambassador II
Corruption in Kenya is ‘ethical’
Dr Daniel Oruoch, Vice Chancellor of KCA University and management expert talks to Sammy Mwangi about institutionalising ethical behaviour.
“Kenyans have internalised corruption such that it has become a way of life,” says Dr Daniel Oruoch, the Vice Chancellor of KCA University.Quoting Prof Anderson from the Massachusetts Institute of Technology (MIT): “If a certain act produces a certain action, the act is institutionalised and becomes a way of life,” he continues and adds: “Nothing gets done without a bribe.
Kenya’s economy: Where to go from here
That Kenya’s economy is still bleeding over a year after the post-election violence is obvious. Though the free fall was projected after the bloody chaos that left hundreds dead and thousands displaced, the real picture was not clear until the economic survey report of 2009 was released.
According to the survey, economic growth dropped by 5.4%. The economy grew at 1.7% compared to a rate of 7.1% the year before. The growth rate is the lowest since 2003 after a lauded turnaround in that year.

Budget reflections 2009
We are not lost to the fact that this year’s budget was read in the backdrop of huge economic challenges arising from the 2007/8 post election violence, current severe drought and the global financial crisis. However some experts feel that we can still swing back on track.
Regeneration in Kenya
A chance to create a vibrant environment for all Kenyans
The just ending Kenyan tropical winter reminds us of the need for proper housing for protection against the vagaries of the weather. But housing and good surroundings is about more than the weather.
Rogue Ambassador II
The spelling of his name has been as confusing as his mission as the American envoy to Kenya. In some quarters, he is Michael Rannerberger, in others Running Bag, Runner Bag or Raining Berger. Lately, he has been waving the Big Brother stick on one hand and waving the white flag, as a Kenya’s Envoy of Peace. He is waving both and telling us ‘My President Barrack Obama says…….’
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Breaking News
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Equity Bank recently announced a pretax profit of Ksh4.3 billion for the year to September 2009 (2008-Ksh 4.3 billion), maintaining its profitability in an adverse economic environment arising from the effects of the global economic crisis, severe drought and the 2008 post election violence.
The Bank’s results for 2008 included a one off profit of Ksh1.3 billion arising from the Safaricom IPO services where Equity Bank processed 45% of the business.
Without this one off income, the results from the bank’s core business show an increase of 48% thus showing sustained resilience at a time when the Kenyan and indeed the world economy has taken a thorough beating.
“These results are attributable to sustaining our strategy of balanced growth, high operating efficiency and prudent management of risk,” Dr James Mwangi, the Bank’s CEO said when announcing the results Monday.
The market received the results calmly and the share price closed Monday at Ksh14.35 down 0.15 from Friday 23rd. The annualized earnings per share stood at Ksh1.21 and P/E of 11.6.
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Though they are not engaged in any tournament in the month of August,