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Solar Energy System and Solar Power Solutions
Hansa Engineering Limited has emerged as a dependable name for On-Highway and Off-Highway needs. With the backing of a strong infrastructure, expert team, well-spread logistics system and dedication to deliver the best, we passionately cater to the needs of a pan-Kenya clientele. What separates us from others in the business is our ability to quickly understand the specific needs at the other end and deliver the right solutions with an exactitude that’s exemplary. Always working to enhance the productivity of the clients, we regularly upgrade our systems to meet the ever-changing expectations of the buyers. Hansa Engineering Limited is Yokohama Tyres Distributor in Kenya provides On and off-highway services like mining services in Africa, solar energy system in Africa, solar power solution, contract mining services, drilling and Engine MARC Contract, renewable and non-renewable solution, Power & Gensets solutions
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News & Updates
Kenya
Economic & Political
Kenya: President Kenyatta Says He Does Not Back Constitution Changes
Nairobi — President Uhuru Kenyatta has said he does not back the ongoing push to change the Constitution, emphasizing that his focus is to drive the Big Four agenda to improve the lives of Kenyans. The President emphasised he does not have time to run around the country asking people to support changing the Constitution instead of working to deliver on the promises he made to Kenyans. “I have no time to run around telling people to change the Constitution. It won’t solve the problems we have. But engaging with the private sector on manufacturing like we are doing (I) will,” President Kenyatta said. President Kenyatta was speaking at State House, Nairobi, during a follow-up meeting to last week’s 8th Presidential Round Table Forum that brought together stakeholders from government and the Private Sector Alliance (KEPSA).
http://allafrica.com/stories/201805190005.html
Kenya: Insurers Face High Claims On Flood Damage
Insurers face massive claims in the wake of prolonged rains, industry brokers have warned, citing spread of floods to non-traditional areas. The Association of Insurance Brokers of Kenya (AIBK) said poor early warning system has left the industry exposed, prompting it to set up a help desk at its secretariat to advise property and home-owners on claims procedures. Heavy rains have been pounding the country in the last two months, killing at least 31 people and sweeping away property across the country. “We expect more than 30 per cent of flood claims to come from properties outside the perceived high risk flood zones,” said AIBK chairman Nelson Omolo.
http://allafrica.com/stories/201805190001.html
Intrigues behind search for Nairobi County deputy governor
Nairobi residents will wait longer before getting a new deputy governor, with intrigues and circus surrounding the search for the holder of the vacant seat seemingly unending. The nomination of fiery lawyer Miguna Miguna to the position by Governor Mike Sonko has birthed more debate, confusion and raised more questions than answers. While Mr Sonko maintains that it will be Mr Miguna or no one else to fill the slot left vacant by Polycarp Igathe, there is mounting pressure on the embattled City Hall boss to drop the name. National Assembly Majority Leader Aden Duale called for Mr Sonko to drop the name of Mr Miguna, and consult President Uhuru Kenyatta on Jubilee’s choice for the position, which must be filled by a person discussed and agreed upon by the party’s leadership.
MPs demand details of firms in power pre-pay bills overcharge probe
Parliament has ordered Kenya Power to provide details on the directors, costs and contracts of private vendors that offer pre-paid electricity tokens amid complaints they are overcharging consumers. The Public Investments Committee (PIC) has directed Dr Ken Tarus, the Kenya Power managing director to furnish them with details of the contracts that were awarded to 15 vendors, the charges they are levying, the turnover of business made by each and their directorship. The electricity distributor has been accused of promoting third party vendors that charge customers more than Kenya Power itself. VendIt and Dynamo Digital Company have been prominently mentioned for the alleged overcharge.
Agriculture ministry projects 44pc rise in maize output
The Ministry of Agriculture is projecting a 44 per cent increase in maize production this year resulting from good weather and reduced impact of the fall armyworm. The State says farmers will harvest 46 million bags of 90 kilograms from the current crop, an increase from last season where the country registered 32 million bags. Cabinet Administrative Secretary Andrew Tuimur says the rise in production results from government initiative to ensure food security in the country. “The increase in 2018 production is attributed to prevailing conducive weather conditions in high and medium rainfall areas in the country. This is also because of Big 4 agenda efforts towards attainment of 100 per cent food and nutrition security,” he claimed.
https://www.nation.co.ke/business/Agriculture-ministry-projects-44pc/996-4571754-fl1keyz/index.html
Business & Industry Related
Kenya: Blockchain Technology Is Being Used in Early Disruption of Kenya’s Agribusiness
For the three years that Jannifer Waceke has managed her own store in Nairobi, she has struggled to overcome one barrier: accessing small loans to replenish her kiosk, buy more vegetables and goods, and in turn, grow her business. In many emerging markets, food retailers along with smallholder farmers, struggle to secure loans and develop a credit history. And without the proper financing, many of them fail to scale their businesses. To tackle this, IBM has been working with the Kenya-based food logistics startup Twiga Foods to facilitate micro-lending options for food vendors. Twiga Foods operates a mobile-based business-to-business supply platform for retail outlets and stalls.
http://allafrica.com/stories/201805190003.html
Kenya: KCB, Equity Defy Bad Loans to Post U.S.$108.3 Million
Two Kenya-headquartered regional banks have announced a combined profit of $108.25 million in the first three months of this year, brushing off the lower than expected outlook for the period despite being bogged down by rising non-performing loans. Equity Bank Group on Thursday announced a 21.7 per cent rise in its net profit to $58.24 million for the three months ended March, surpassing the industry leader KCB which registered $50.25 million over a similar period. The two lenders announced their results using the new IFRS 9, which was expected to increase their provisioning for bad debts through anticipated defaults.
http://allafrica.com/stories/201805200010.html
Vision 2030 under threat as manufacturing declines
The contribution of the manufacturing sector to the economy and jobs has been declining over the past five years, reveals a Nation Newsplex investigation. The sector’s share of the gross domestic product (GDP) shrank by more than two percentage points from almost 11 per cent in 2013 to 8.4 per cent in 2017, according to the 2018 Economic Survey. In 2016, manufacturing contributed 9.1 per cent to GDP, a drop from the previous year’s 9.4 per cent and 10 per cent in 2014. Manufacturing contribution to the economy contracted more than any other sector during the five years under review followed by education whose input to GDP declined by 1.2 percentage points and real estate (0.5 per cent). The trends remain unpromising yet Kenya may not meet its ambitious goal of becoming a globally competitive and successful upper-middle-income country with a high quality of life by 2030, as outlined in Vision 2030, without a strong manufacturing sector. Currently, the country is a lower-middle income economy.
https://www.nation.co.ke/newsplex/manufacturing/2718262-4571586-hy9d3e/index.html
Behold! The main roads to Kenya’s industrialisation
Nobody seems to care any more about Kenya’s Industrial Area. Some main roads are no more, while the drainage system is all gone — thanks to years of neglect. The southern side of Mombasa Road is an eyesore, with East Gate Road — which is apparently the gateway to Kenya Ports Authority’s container depot — turned into a pool of gooey mud. Some pesky pigs find solace here, wallowing in dirty puddles. When the private sector met President Kenyatta on May 10 at State House, the state of the roads in industrial area was placed under “inefficient logistics” and cited as one of the main hindrances to growth of the sector.