President Uhuru Kenyatta signs three bills into law

President Uhuru Kenyatta signs three Bills into law

President Uhuru Kenyatta signing a Bill into law/ PDU.  NAIROBI, Kenya, Nov 17 – President Uhuru Kenyatta has signed the Refugees Bill into law, Statehouse has announced.   This is after the National Assembly amended the controversial sections in the document. President Kenyatta had earlier rejected assent to the Bill and referred it back to parliament […]

EAPCC fails to meet tax obligations

EAPCC fails to meet tax obligations

East African Portland Cement’s factory in Athi River (EAPCC). FILE PHOTO | NMG NAIROBI, Kenya Nov 13 – Cash-strapped cement maker East African Portland Cement Company (EAPCC) has failed to meet its tax obligations for the year ended June 30, 2021.  According to the firm’s annual report, Auditor General Nancy Gathungu revealed that the company […]

Kenya in plans to launch digital currency

Kenya in plans to launch a Digital Currency

The Central Bank of Kenya is considering the use of Cryptocurrency/AFP  NAIROBI, Kenya, Nov 12 – The Central Bank of Kenya (CBK) has announced that its exploring the use of Central Bank Digital Currency (CBDC) as digital currencies take shape globally.  CBK Governor Dr. Patrick Njoroge said the bank is in discussions with other global […]

Thousands risk losing jobs as World Bank pushes for university closures

Thousands risk losing jobs as the World Bank pushes for university closures

University of Nairobi in Nairobi, Kenya/ NMG/ PHOTO NAIROBI, Kenya, Nov 11 –  The World Bank is pushing for the closure of broke government universities and corporations that are making losses as it approved multi billion loan facilities to support the country’s budget and help the economy recover from the effects of the Covid-19 pandemic. […]

Weekly coffee prices rise at Nairobi Coffee Exchange Auction

Weekly Coffee Prices Rise At Nairobi Coffee Exchange Auction

A Kenyan coffee farmer picking ripe berries/ Courtesy. NAIROBI, Kenya, Nov 11 – Coffee prices at the weekly Nairobi Coffee Exchange auction went up by 13 percent backed by higher prices at the global market.  This is the highest margin this year that has seen a 50 Kilogramme bag hit Sh40,419 from Sh34,818 in the […]

Judiciary inks fresh capacity building partnership deal with AGA-Africa.

Judiciary ink fresh capacity building partnership deal with AGA-Africa.

A view shows the Judiciary entrance of the Supreme Court building in Nairobi, Kenya/ REUTERS NAIROBI, Kenya Oct 12 – The Judiciary of Kenya has extended its capacity building partnership with Attorney General Alliance (AGA) Africa in a new MoU signing.   The new agreement will support sharing of knowledge and experiences, development and strengthening of […]