The global carbon market is growing at a rapid rate and is currently valued at about $909 billion, almost a trillion dollars. Due to the lucrative nature of the market, African countries are angling themselves for a bite of the cherry. As the continent primes
The National Assembly The National Assembly is in recess, resuming its sittings on 7th November 2023. The Senate Tuesday, October 31, 2023, at 2.30 p.m Bills The Sugar Bill (National Assembly Bills No. 34 of 2023) The Equalization Fund Appropriation Bill, (Senate Bills
For a country to attain its developmental goals, it has to generate revenue to fund these goals. A significant portion of a country’s revenue is generated through taxation. Despite the crucial role taxation plays in a country, issues of non-compliance persist and remain a pressing
President Ruto graces the annual Turkana ‘Tobong’u Lore’ Festival President Ruto graced the renowned Turkana Festival and reiterated his commitment to open up Kenya more to the world. The President announced a plan to devise more visa-free arrangements in order to open up the country
KIAMBU The Governor, H.E. Kimani Wamatangi, has appointed various persons to the Kiambu County Environmental Committee for a period of three (3) years, and they remain eligible for appointment for one further year. KILIFI · Governor H.E. Gideon Mungaro, and upon approval by the County
Special Gazette Notice The President and Commander-in-Chief of the Armed Forces, H.E. William Ruto, has appointed Renson Mulele Ingonga to be the Director of Public Prosecutions for a term of eight years. Dated 20 September 2023. Legislative Supplements, 2023 Legal Notices, 2023 The Lake
The National Assembly The National Assembly is currently in recess. The Senate Tuesday, 19th September 2023, 2.30 p.m. Bills The Equalization Fund Appropriation Bill (Senate Bills No. 30 of 2023). The Food and Feed Safety Control Coordination Bill (National Assembly Bills No. 21 of 2023).
President Ruto heads to the US where he will lead a meeting with big tech companies in Silicon Valley as he sells Kenya as the preferred ICT investment destination. The Draft Medium Term Revenue Strategy is out for public participation. The Strategy has made a
Kenya Loss-making companies to pay as State renews push for minimum tax The William Ruto administration has set sights on a share of revenue from loss-making companies after signalling a revival of minimum tax that was declared unconstitutional under the predecessor regime of Uhuru Kenyatta.
In the quest to achieve the Sustainable Development Goals (SDGs) by 2030, the world stands at a crucial crossroads. The 2023 SDGs report highlights a slower pace of progress over the past three years, signaling the urgency of intensified efforts. Yet, the challenges we face
Prof. Njuguna Ndung’u, the Cabinet Secretary, National Treasury, set in motion the budget process for the financial year 2024/2025 on 18th August 2023, when he launched the Medium-Term Budget Preparation process. During the launch, Prof. Ndung’u indicated that sector working groups needed to begin their
The inaugural Africa Climate Summit has drawn its curtains in Nairobi, Kenya. Being the first climate summit bringing African leaders to steer the climate change conversation from an African lens, it remains a strong indicator that Africa is positioning itself for a greater and unified
A few weeks ago, the Worldcoin saga reverberated across Kenyan circles, characterised by disjointed communication from relevant government bodies, regulators revoking their licenses, and a significant information deficit among stakeholders and the general public. This painted a picture of the dire and ongoing situation. While
The COVID-19 Technology Access Pool (C-TAP), a multi-stakeholder partnership to facilitate the sharing of intellectual property (IP), knowledge and innovations, has announced three new licensing agreements acquired through the Medicines Patent Pool (MPP). The agreements include the following licenses to transfer know-how, materials and clinical
– Background The corralling that succeeded the 4th of August 2010 referendum was a stark indication of the hopes Kenyans had in the shift in the country’s supreme law. The ecstatic roar in jubilation during the promulgation ceremony on 27th August 2010 mirrored the belief
Understanding Environmental, Social and Governance (ESG) The phrase “Environmental, Social and Governance (ESG)” has gained prominence since 2005 and is a mainstay in corporate linguistics today. Entities are taking strategic steps to not only align but also entrench the pillars of ESG into their operations.
Financial crimes such as money laundering, terrorism financing and proliferation financing present a significant challenge to both developing and developed countries. Perpetrators of transnational and organized crime heavily rely on these crimes to advance their activities. In the same vein, these crimes have massive ramifications
The World Health Organization (WHO) is convening the Traditional Medicine Global Summit on 17 and 18 August 2023 in Gandhinagar, Gujarat, India. Co-hosted by the Government of India, the Summit will explore the role of traditional, complementary, and integrative medicine in addressing pressing health
As our world undergoes rapid and dynamic transformation, the momentum behind the regulation of businesses shows no signs of waning. Suffice it to say, due to the fast-paced and interconnected nature of modern-day business terrain, the fundamental place of compliance cannot be downplayed. Consequently,
The effect money laundering has on a country’s economy is both severe and extensive. Not only does it impact businesses and the economic health of a county but also has far-reaching implications for the financial sector, a critical component of a country’s economic growth and
“Education then, beyond all other devices of human origin, is a great equalizer of the conditions of men — the balance wheel of the social machinery.” — Horace Mann, pioneering American educationist, 1848. It remains the dream of every child to pursue education as the
At the core of an employment dispute resolution process is the mandatory requirement of a disciplinary hearing. The requirement of a hearing has been codified in law under Section 41 of the Employment Act, 2007. That notwithstanding, it draws its fundamental basis from three cardinal
Defining a contract The commercial world is largely premised on contractual agreements or arrangements. A universally accepted definition of a contract still does not exist, but the general concession is that a contract connotes an agreement enforceable by law. Succinctly put, a contract implies a
Understanding the service industry From an economic standpoint, economic activity revolves around two broad categories, goods and services. Goods-producing industries refer to those that produce a tangible item that forms the basis of commerce. They include agriculture, mining, manufacturing, and construction, among others. Service industries,
Transformative jurisprudence in the early parts of the 20th century saw the emergence of the concept of public interest litigation (PIL). With increased human rights abuses by governments and multinational entities, there was a clamour for a model of pursuing justice for the common good
Countries of the World Health Organization (WHO) have moved forward with negotiations on a global accord on pandemic prevention, preparedness and response, with a view to presenting a draft accord to the World Health Assembly in May 2024. Ending yesterday, discussions on the draft pandemic
In a recent publication in the Financial Times, “The Money behind the Coming Wave of Climate Change Litigation”, there was a revelation that there are entities, particularly non-profit organisations, that are willing to go to great lengths and provide financial support for litigation against corporations,
Develop and issue Medium-Term Expenditure Framework (MTEF) guidelines Launch of sector working groups Development of Medium-Term Budget Framework (BROP) Preparation and submission MTEF Sector Budget Proposal Preparation and submission of Budget Policy Statement
April 17, 2016, is a day that remains etched in the memory of Kenyans. The Kenya Rugby Sevens team had broken the ceiling and lifted the country’s first major trophy in the World Rugby Series Circuit. At that point in time, the future did look
National Assembly The National Assembly is currently in recess. The sessions resume on 5th June 2023. Senate Tuesday, 30, 2023 at 2.30p.m. a) Bills The Prompt Payment Bill (Senate Bills No. 8 of 2022) The
The Constitution of Kenya, 2010 has been heralded as one of the most transformative constitutional frameworks in the world. A key indicator for this global acclaim is the express provision and codification of human rights, with an entire chapter on the same. Specifically, the Constitution
THARAKA NITHI The Governor of Tharaka-Nithi County, H.E. Onesmus Muthomi Njuki, with the approval of the County Executive Committee, has appointed Silas Muketha (Dr.), Lyod Riungu Rauni, Murungi M’Turuchiu Baituru, Tamimah Gacheri Omar, Patricia Njoki Munyi, Timothy Gitonga Micheni Mutani, Fr. Peter Gichunge Justus (Dr.),
Legislative Supplements, 2023 The Division of Revenue Act, 2023. The Finance Bill, 2023. The Microfinance Act—Exemption. The Universities Regulations, 2023. APPOINTMENTS The President and Commander-in-Chief of the Kenya Defence Forces, William Samoei Ruto, has appointed Eng.
The National Assembly The National Assembly is on recess until 5th June 2023. The Senate The Senate is on recess until 5th June 2023.
Speaking in a Cabinet meeting held at State House Tuesday, President William Ruto read the riot act to Cabinet Secretaries and Principal Secretaries saying that wastage and corruption will not be condoned in his administration. This comes hot on the heels of the sacking of
Kenya Railway levy cuts save taxpayers Sh3.6 billion Taxpayers will save about Sh3.6 billion every year following the proposal to reduce Railway Development levies contained in the new Finance Bill. The Treasury projects that collections from the Railway Development Levy (RDL), which is the kitty
Kenya Governors threaten to shut down counties over delayed funds Governors have threatened to shut down operations in counties should the national government fail to release KSh94 billion meant for the devolved units. The county chiefs convened a meeting on Friday to discuss the
As per the last census, conducted in 2019, the total population of Kenya was 47,564 million people. 31% of this total population resides and lives in cities and urban areas, with most of the country’s population still residing in rural settings. Despite that being the
WHO is concerned with continued attempts by the tobacco industry and its surrogates to further its interests to influence scientific research, public perception, policy-making, and the media; all aimed to ensure the proliferation and sale of nicotine and tobacco products. The tobacco industry continues to
The 14-member bipartisan talks committee, co-chaired by Tharaka MP George Murugara and his Rarienda counterpart Otiende Amollo, has met with a bid to jumpstart the stalled talks. President Ruto appointed Bishop Dr David Oginde as the new Ethics and Anti-Corruption Commission chairperson. President Ruto announced
According to the World Bank, to attain global development goals, it is essential to have nourishing, sustainable, and comprehensive food systems. Agriculture development is an influential means to eradicate poverty, enhance collective well-being and cater to a growing population. Growing the agricultural sector is very
The Central Bank of Kenya (CBK), on Wednesday, May 4, 2023, launched the Kenya QR Code Standard, in an event that was graced by leading players in the telecom and banking sectors. The implication is that going forward, payment service providers like Safaricom, alongside leading
What is the IMF? The International Monetary Fund (IMF) was established in 1944 in the aftermath of the Great Depression in the 1930s. At the founding stage, the membership of the IMF comprised 44 member states. The membership has grown to a near-global status, with
Tuesday, 18th April 2023 At 2.30 p.m. The Senate Motions Provision of free sanitary towels to end period poverty The doping menace threatening Kenya’s impeccable global reputation in athletics Compensation to the Kenyan
President William Ruto and Azimio chief Raila Odinga will have the final say on the inclusion of Eldas MP Adan Keynan and his Pokot South counterpart David P’Kosing in the bi-partisan dialogue team. President Ruto has defended his affectionate reference to opposition leader Raila
Kenya Rich investors to buy extra shares without CMA approval Investors will be free to buy stakes of up to 30 percent in listed companies without the approval of the Capital Markets Authority (CMA), raising the threshold for notifying the regulator of a potential takeover.
Kenya Ruto adds more to debt in first six months than Uhuru President William Ruto’s administration has borrowed Sh17.4 billion more than his predecessor in its first six months in office, upending the plan to go slow on debt. Treasury data shows that the new
Carbon trading, or emissions trading, is a market-based mechanism to reduce greenhouse gas emissions. It is a tool governments and businesses use to limit their carbon footprint, which is the amount of carbon dioxide and other greenhouse gases released into the atmosphere. Carbon trading works
The National Assembly Public Accounts Committee (PAC) is responsible for the examination of the accounts showing the appropriations of the sum voted by the House to meet the public expenditure and of such other accounts laid before the House. It comprises 15 Members of Parliament
While appearing before the Senate Committee on Finance and Budget on Friday last week, the Commission on Revenue Allocation (CRA) through its Director for Economic Affairs, impressed upon the Committee to push for reforms in the Public Finance Management Act, 2012 and delink the National
Legislative Supplements, 2023 The Public Order (Turkana, Elgeyo Marakwet, Baringo, West Pokot, Samburu and Laikipia Counties) Curfew Extension Order No. 3 of 2023; The Public Order (Turkana, Elgeyo Marakwet, Baringo, West Pokot, Samburu and Laikipia Counties) Extension
The number of Kenyans using multiple accounts fell further to 48.2 percent last year, down from 62 percent in 2021 as customers cut back on the costs associated with more banking relationships. A Kenya Bankers Association (KBA) customer satisfaction survey found that 48.2 percent of
Kenya Ruto, Raila headed for fresh battle over Parliament talks President William Ruto and Opposition leader Raila Odinga are on a new collision course barely two days after calling a political ceasefire amid countrywide mass protests. Mr Odinga yesterday spurned an offer by the Head
MOMBASA The Governor of Mombasa County, H.E. Abdullswamad Shariff Nassir, has appointed Maureen Lambisia Nabibya to be the Chairperson of the Mombasa County Valuation Court. Consequently, the appointment of Martin Rabera is revoked, in a notice dated 8th March 2023. MERU The Governor of Meru
More on this week’s Kenya gazette: Bills & Legislative Supplements, 2023 Senate Bills, 2023 The Coffee Bill, 2023 National Assembly Bills, 2023 The Public Service Commission (Amendment) Bill, 2023 The Regional Development Authorities Bill, 2023 The Crops (Amendment) Bill, 2023 Legislative Supplements,
If the recent pronunciation by a court in a copyright suit by Hip Hop artiste Hubert Nakitare, alias Nonini, against Japanese company Syinix Electronics Ltd and influencer Brian Mutinda, does not ring alarm bells for corporates and corporate influencers, concerning intellectual property, then what will?
Over time, the country’s financial landscape has witnessed tremendous growth and transformation. Amidst the laudable growth and transformation, numerous risks and weaknesses have been exposed. As a result, the Central Bank of Kenya (CBK) which holds a regulatory and supervisory role over the country’s foreign
The National Assembly Tuesday, March 14, 2023 MOTIONS Report on the Consideration of the 2023 Medium-Term Debt Management Strategy. Report on the Consideration of the Draft Salaries and Remuneration Commission (Remuneration and Benefits of State and Other Public Officers) Regulations, 2022. Report of Sessions of
Background Do we need a new labour law or improve on the existing one to capture the new realities? This remains the fundamental question in the minds of stakeholders against the backdrop of embracing information and communication technology (ICT) in the workplace. The advent, growth
Background The corporate advertising spectrum is awash with words such as “eco-friendly”, “natural”, “sustainable,” “net zero,” and “reusable” either on their products, services or other external communication mediums. These buzzwords have increasingly been used and applied by companies as they make attempts at prioritizing environmental,
Background With the promulgation of the Constitution of Kenya, 2010, the country took up a system of governance which embodies devolution and decentralization. The country has two levels of government i.e., the national and county governments. While these two levels of government are separate and
In a recently leaked Cabinet memo, the Ministry of Health signaled its plans to initiate and put in place restrictions to deter unemployed medics from seeking employment opportunities abroad. The major reason cited by the ministry for this approach is the shortage of health workers
Second-hand clothes or ‘mitumba’ as they are popularly known in Kenya, are disposed of clothes previously worn in developed countries and imported to countries such as Kenya and other countries in Africa where they look fashionable and appealing, hence ‘trashion’. Many are familiar with the
LAIKIPIA The Governor of Nyandarua County has appointed various persons to be members of an ad hoc committee to consider and advise on the recommendation for the conferment of municipality status to Nanyuki Town for a period of 1 year, with effect from 6th
Legislative Supplements, 2023 The National Youth Council (Amendment) Bill, 2023. The Public Order (Turkana, Elgeyo Marakwet, Baringo, West Pokot, Samburu and Laikipia Counties) Curfew Order No. 1 of 2023. The Public Order (Turkana, Elgeyo Marakwet, Baringo, West Pokot, Samburu and Laikipia Counties) Curfew Order No.
Kenya KRA chief Githii Mburu quits, board names Rispah Simiyu in acting role The Kenya Revenue Authority (KRA) Commissioner-General, Githii Mburu, has resigned after a three-year and seven month stint at the seat on the 30th floor of Nairobi’s Times Tower. Recently appointed KRA board
Kenya Revealed: How President Ruto got Raila ‘fired’ from AU job Yesterday, what was not contested was the announcement that Mr Odinga’s tenure as the commission’s high representative for infrastructure development in Africa had ended after nearly five years. But a cloud of controversy swirled
The “Why” of Debt Pre-cursorily, debt is indeed a double-edged sword. Wise and moderate use of the same, history has shown, results in improved welfare. Improper, imprudent and over-indulgence in debt, may end up being calamitous. On one hand, for households, individuals and private
Kenya Nairobi plans new zoning policy as exclusivity wanes Nairobi is considering a new zoning policy, which will reclassify some estates as residential or mixed-use neighbourhoods at a time some suburbs are coming under pressure from a previous reclassification that has hurt their exclusivity. Speaking
Kenya How Israeli hackers hit Ruto strategists, IEBC officials days to polls A consortium of journalists across the world has been investigating how Israeli national Tal Hanan led a team of disinformation experts in manipulating dozens of elections across the world. The journalists posed as
Kenya KRA set to tax hedging profits under new rules Kenyans engaging in transactions with foreigners to cushion them from volatility in financial markets will now be required to account for any profit realised by non-resident parties and remit tax on the same to the
Kenya Protect me, former Interior minister Fred Matiang’i tells court. Former Interior Cabinet Secretary Fred Matiang’i has moved to court, seeking to be granted anticipatory bail after police allegedly raided his house on Wednesday night. In an application filed at the High Court, Dr Matiang’i
When the fourth president of Kenya, Uhuru Kenyatta, assented to the National Social Security Fund (NSSF) Act, 2013 early on in his first term, he may never have envisioned the controversy that was ahead. A decade later, the NSSF Act 2013 is yet to be
Bill, 2023 At the core of national conversation lately is a proposed legislation seeking to govern the process of privatising state-owned companies and entities. The Privatisation Bill, 2023, which is at the public participation stage, seeks to streamline the regulatory and institutional framework for the
The recently released KCSE exam results have elicited both positive and negative reactions. On one hand, institutions and students who posted good results are in an exultant mood, and on the other, those who failed to meet their expectations are in a sombre mood. In
Mr. Adil Khawaja (MBS) has been appointed the Chairman of the Board of Safaricom PLC, having been appointed director at the same entity earlier. Mr. Khawaja currently serves as the Managing Partner at Dentons Hamilton Harrison & Mathews, and is a leading name in the
A recent feature in one of the dailies painted the dire picture depicting Egerton University’s financial distress. The university’s debt burden has escalated to KShs. 9 billion, while at the same time it struggles financially to run its functions. To drive a nail into the
