Pakistan, US, Uganda to bolster Kenyan exports to Sh1 trillion by 2030- report
President Uhuru Kenyatta officially opens Pakistan-Africa Trade and Development Conference, at KICC Nairobi / PSCU NAIROBI Kenya Feb 28- Kenya is set to be a key driver in global trade growth, with its exports projected to grow at an average annual rate of more than 7 percent to cross USD10.2 billion by 2030. According to […]
High Court bars law requiring MPs to hold university degrees
The Judiciary/ Facebook NAIROBI, Kenya Feb 25- The High Court has temporarily suspended a section of the election law that bars political aspirants without university degrees from seeking parliamentary seats. Justice Anthony Mrima suspended section 22(1) (b)(I) of the Election Act, pending the hearing of a petition filed by four residents of Narok, who argue […]
CBK moves to slash mobile money transaction costs
Central Bank of Kenya Governor Dr. Patrick Njoroge during a press briefing in Nairobi, Kenya/ CBK. NAIROBI, Kenya Feb 25- The Central Bank of Kenya (CBK) is looking to work with stakeholders in the telco industry to cushion consumers from unreasonably high transaction charges for digital payments. Speaking during the launch of the National Payments […]
Lobby Group Moves to Ease, Fasten Divorce Process
A Divorce Decree/ usatoday.com NAIROBI, Kenya Feb 23- A Kenyan lobby group has moved to court to reverse the current painstaking process couples go through when seeking to file for separation. In a petition to the High Court, Copler Attorneys and Consultancy wants Part X of the Marriage Act which provides for the grounds that […]
Posta boss summoned over Sh168 million from business registrations
Posta House in Nairobi’s CBD/ The Star NAIROBI, Kenya Feb 22- Postmaster-General Dan Kagwe has come under fire over Sh168 million collected by Posta on behalf of the Business Registration Service. Parliament, through the National Assembly’s Public Accounts Committee (PAC), summoned Kagwe to explain why the postal corporation failed to remit Sh168,776,500 held by Huduma […]
Legal suits against the government to cost taxpayers Sh1.2 trillion
AG Kihara Kariuki/ Facebook NAIROBI, Kenya Feb 21- The value of legal suits facing the Kenyan government has risen to Sh1.2 trillion, equivalent to 12 percent of the country’s gross domestic product (GDP). The Parliamentary Departmental Committee on Justice and Legal Affairs says this stands against pending awards against the State of Sh81 billion. Claims […]
Noreen Kidunduhu’s road to top Chartered Institute of Arbitrators post
Noreen Kidunduhu/ LinkedIn NAIROBI, Kenya Feb 21- Noreen Kidunduhu was recently appointed as the chairperson of the steering committee for the Young Members Group (YMG) at the Chartered Institute of Arbitrators (CIArb). “Delighted to be the first African appointee to the CIArb YMG Global Steering Committee Chairperson ship and to shepherd the most regionally diverse […]
Coca-Cola bottlers wins Sh5.6 billion tax dispute
Bottles of Coca-Cola stacked on a shelf in a grocery store/ AP Photo NAIROBI, Kenya Feb 18- The Kenya Revenue Authority (KRA) is set to miss out on a Sh5.6 billion tax payout from Coca-Cola Bottlers following a decision by the Supreme Court. This is after the Supreme Court declined the taxman’s request to revisit […]
UAE to tap into Kenya’s skilled labour market
President Uhuru Kenyatta delivers his remarks during the opening of the Kenya-Gulf Cooperation Council (GCC) States business forum in Dubai/ PSCU NAIROBI, Kenya Feb 17- The United Arab Emirates (UAE) is looking to tap into the Kenyan market for skilled labourers, offering a 10-year visa to support the development of the region’s economy. The long-term […]
Paid Insurance Claims Rise 21% In Q4 2021
IRA celebrating the regulator’s 10th-year anniversary/IRA NAIROBI, Kenya Feb 16- Over 2.3 million insurance claims were paid out during the last quarter of 2021, growing 21 percent compared to 1.9 million claims paid over the same period in 2020, data by the Insurance Regulatory Authority (IRA) has revealed. The latest statistics from the insurance regulator […]
