Tag: Mexico

President Kenyatta pushes for decent houses for Kenyans through off-balance sheet-financing model.

President Kenyatta pushes for decent houses for Kenyans through off-balance sheet-financing model.

AFRICA, EAST AFRICA, KENYA
NAIROBI, Kenya Kenya's President Uhuru Kenyatta has today said the construction of decent and affordable houses for Kenyans will be put up through the off-balance sheet-financing model. He said this model will not only remove a huge burden on treasury, but will also ensure the construction of the houses under the Big Four agenda. The President spoke at State House , Nairobi when he met top officials of Actis led by Senior partner Mr Torbjorn Caeser. Actis is  a  leading  multi asset emerging market investor with  a growing portfolio of investments across Africa , Latin America and  Asia. It operates 12 offices across these continents. Under the off-balance sheet-financing, the government will not be required to pay any initial money to the contractor, but has an obligation t
SA Select Committee’s Chairperson welcomes Zara’s decision to remove copied designs

SA Select Committee’s Chairperson welcomes Zara’s decision to remove copied designs

AFRICA, BUSINESS, INTERNATIONAL
CAPE TOWN, South AfricaThe Chairperson of the Select Committee on Trade and International Relations, Mr Eddie Makue, has welcomed Zara’s move to remove Maxhosa socks, copied from a local designer. Mr Makue said the domination of the market by well established brands and companies was bad, especially if it led to the suffocation of local entrepreneurs. “Within the ambit of trade we looking at localisation, empowerment and inclusive growth that enhances the empowerment of black designers as well as patent laws,” Mr Makue said. Within the ambit of trade we looking at localization, empowerment and inclusive growth that enhances the empowerment of black designers as well as patent laws  He adds “The committee welcomes this move and wishes to emphasize that authorities nee