Today's Headlines
- Lessons and Implications of the Confirmation of Charges Against Kenya's 'Ocampo Four'
- Finance Minister Quits Over ICC Charges
- Shortage of HIV Test Kits Raises Concerns
- Living On the Edge in Turkana Region
- Ali Breaks Silence, Describes Delight At Acquittal
- Uhuru, Ruto Eligible for Presidency - CIC
- Tea Sector Posts Record Earnings in 2011
- Resettle IDPs, Urges Annan
- Uhuru, Muthaura Have Done the Right Thing
- All Displaced People Should Return Home
- Concern Raised As Parents Shun Schools in Poll Violence Hotspots
- Ruling On IEBC Hiring in February
- Country Working Towards Conditions Needed for Direct Flights to U.S.
- How ICC Claimed Kibaki's Lieutenants
- Geothermal Project to Receive Sh10 Billion Funding Boost
- Five Million to Get IDs Before Elections
- Speed Up Building Port
- Uhuru and Muthaura Did Well to Quit Posts
- A Full Plate Awaits Githae
- Clashes Continue in Moyale
- Baraza Case to Be Heard Monday
- Two Firms in Joint Venture to Drill for Oil Near Lodwar
- Exit Uhuru, Muthaura
- ICC Charges Hound Uhuru Out of Treasury
- Consumers Grow Despite Inflation
- Poor Relations Between Banks Blamed for Cash Shortages
- Fish Prices Up As Vegetable Supply Dwindles
- Consumers to Pay More for Milk and Bread As Prices Rise
- Kibaki Tasks Ex-Dar CJ to Lead Probe in Kenya
- Mombasa Port Cargo Congestion Forces Three-Month Fees Waiver
6 August 2010
editorial
Referendum politics may have served to obscure the fact that optimism in the economy, cruelly eroded by the post-election violence of 2008, is on a steady rebound. All indicators are positive. Companies, both listed and unlisted, are raising capital and the 4.4 per cent economic growth rate has only egged them on.Equities at the Nairobi Stock Exchange rallied before this week's voting, reflecting the same fact.
Tourism and agriculture are also promising.
In short, Kenyans look ready to extirpate the demons of 2008 and the recession of 2009 and seriously embark on the path to achieving economic stability and becoming a middle-income economy.
The macro-economic bedrock for this is in place: inflation rate is low, bank lending rates are falling, and Kenyans are generally full in the belly. Since the constitution has been widely accepted, the focus now should be on the economy. Let the new Constitution provide the impetus for real economic growth.
