Vellum Weekly

Finger on the Pulse.

Kenya opposition leader to bid for AU Chairmanship Kenyan opposition leader Raila Odinga has embarked on a quest to become the Chairman of the African Union, leveraging his extensive past experience as the AU High Representative for Infrastructure Development in Africa. Odinga held this prestigious

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Trade and Financial Services Round-Up

Kenya Gulf fuel products import scheme lifts Kenya banks dollar holdings The government-to-government deals on the importation of fuel products have increased the dollar reserves of banks, fuelled by a requirement that they accumulate hard currency to support payments under the scheme. Kenya entered the

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Political and Regulatory Round-Up.

Kenya Cabinet approves privatisation of 7 State-owned enterprises Kenya’s Cabinet on Wednesday approved the sale of seven more State-owned enterprises following a meeting chaired by President William Ruto at State House in Nairobi, bringing the total number of entities set to be privatised to 17.

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Parliamentary Round-Up

Tuesday February 13th, 2024   Motions   National Assembly   Appointment of members to the House Business Committee   (i) Hon. Omboko Milemba, CBS, M.P.  (ii) Hon. Robert Mbui, CBS, MP  (iii) Hon. Hon. Faith Wairimu Gitau, MP  (iv) Hon. Samuel K. Chepkonga, CBS, MP  (v)

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Updated WHO guidance for controlling vector-borne diseases through indoor residual spraying.

An estimated 80% of the world’s population is at risk of one or more vector-borne diseases. Mosquitoes, flies, bugs, and other vectors transmit viruses, parasites and bacteria that infect millions of people globally. They cause deadly and debilitating diseases such as malaria, dengue, Chikungunya, yellow

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Corporations in Kenya join govt in the ambitious plan to plant 15 billion trees.

Responding to the urgent global call for environmental protection and sustainability, Kenya has made a bold move to plant an unprecedented 15 billion trees. Aimed at mitigating climate change, increasing biodiversity and enhancing environmental resilience, this ambitious effort reaffirms the nation’s commitment to environmental stewardship

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You can run, but you can’t hide: As Kenya adopts CRS, calls for balancing tax transparency with data privacy concerns emerge.

Kenyan commercial banks have started implementing the Common Reporting Standards (CRS), a tax procedures regulation of 2023. This regulation requires all Kenyan banks, trusts, and other financial institutions to report and share information about foreign account holders with the Kenya Revenue Authority (KRA) as the

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CBK agriculture survey: Sector shows resilience, expects price decline despite challenges.

The Central Bank of Kenya released the Agriculture Sector Survey for January 2024,  highlighting the sector’s significant contribution to the country’s economy. Accounting for an estimated 33% of the GDP, agriculture serves as the backbone of Kenya, playing a vital role in generating foreign exchange

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Insights from the National Assembly report on the Affordable Housing Bill, 2023.

The Parliamentary Budget Office (PBO) in January 2024 published a financial and economic analysis of the Affordable Housing Bill, 2023 (the Bill). The PBO in its analysis raised several issues and concerns on the potential implementation of the Bill in the event it was assented

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Lessons from AFCON 2023 success: Kenyan brands should embrace sports sponsorship for customer engagement and exposure.

The curtain came down on the 34th edition of the TotalEnergies CAF Africa Cup of Nations on Sunday, February 11th, in a tournament that featured some of the current best players in world football, including Sébastien Haller (Côte d’Ivoire), Sadio Mane (Senegal), Victor Osimhen (Nigeria),

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Navigating Voluntary Tax Disclosure Programmes: A Guide for Businesses.

In the dynamic landscape of taxation, businesses often find themselves grappling with complex tax compliance requirements. In response to this challenge, tax authorities around the world have introduced voluntary tax disclosure programmes (VTDPs) to incentivise taxpayers to come clean about previously undisclosed tax liabilities. These

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CBK surveys point to optimism despite inflationary pressures: MPC raises interest rates.

The Central Bank of Kenya (CBK) conducts a Market Perceptions Survey before each Monetary Policy Committee (MPC) meeting to gather insights from banks and non-bank private sector firms regarding various economic indicators such as inflation, economic growth, credit demand, and exchange rates. The survey aims

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Driving compliance in Kenya: Public and private sectors should collaborate to navigate low compliance levels.

Compliance is a critical imperative for both the public and private sectors, although the nuances of implementation vary significantly between them. The distinct approaches taken by both sectors are largely influenced by the inherent differences in organisational structures, objectives, and accountability mechanisms. The differences notwithstanding,

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Kenya’s Eurobond return exceeds expectations, eases debt repayment concerns.

On February 7, the Kenyan government made an offer to partially repurchase its existing Eurobond, which is maturing on June 24, 2024, at par, including payment of accrued interest. Additionally, the government announced its intention to issue a new bond in the market.    The

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Finger on the Pulse

Monday, 5th February 2024 Private sector activities surge to 5-month high amidst slowing inflation Kenya’s private sector economy moved closer to growth territory in January, with workforce numbers expanding for the first time in five months. Reports attribute the near stabilisation to a continued slowdown

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Political and Regulatory Affairs Round

KENYA   Banks start sharing customer data, balances with KRA   Banks have started sharing information about foreign account holders with the Kenya Revenue Authority (KRA) as the taxman steps up its purge of tax dodgers and beneficiaries of illicit wealth.   Some banks on

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Parliamentary Round-Up

The National Assembly and the Senate adjourned their sittings on Thursday, 7th December 2023, for the long December recess. Both Houses will resume on Tuesday, 13th February 2024.

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Empowering women in STEM is a crucial step towards achieving SDGs by 2030

As we navigate the complexities of the 21st century, the importance of Science, Technology, Engineering, and Mathematics (STEM) in achieving sustainable development cannot be overstated. However, a critical hurdle persists – the underrepresentation of women in STEM fields. Understanding and addressing this gender gap is

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Global cancer burden growing, amidst mounting need for services

Ahead of World Cancer Day, the World Health Organization (WHO)’s cancer agency, the International Agency for Research on Cancer (IARC), released the latest estimates of the global burden of cancer. WHO also published survey results from 115 countries, showing a majority of countries do not

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President Ruto’s Japan visit Sh350bn deals, powering Kenya’s economic revival

President Ruto’s visit to Japan earlier this week led to the signing of agreements worth Kshs 350 billion. A giant share of the money will go towards key projects and programmes crucial for Kenya’s economic revival. Notably, the Dongo Kundu Infrastructure Ecosystem and the Mombasa

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AfCFTA competition protocol: Balancing opportunities and challenges for digital platforms in Africa

The vision of a united Africa is realised through the establishment of the Africa Continental Free Trade Area (AfCFTA), the world’s largest Free Trade Area (FTA), encompassing 55 countries and representing all African Union (AU) member states. The practical implementation of the AfCFTA has the

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Ukrainian delegation visits Kenya: Kyiv actively pursues business and diplomatic relations with Nairobi amid ongoing conflict

The Republic of Ukraine, despite the ongoing conflict, is actively seeking diplomatic partnerships and building relationships with Kenya. A delegation from Ukraine was in the country recently to meet various government officials and Members of Parliament to discuss areas of interest. Such sectors of interest

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 Bridging the revenue deficit: Kenya’s quest to explore diverse international markets

Kenya’s economy was hit by global shocks, including the COVID-19 pandemic and geo-political issues, such as the Ukraine-Russia conflict, over the past two years. This has been exacerbated by the ballooning debt obligations owing to the downward trajectory of the shilling against the dollar. As

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Kenyan shilling expected to continue free fall against the dollar through 2024, prompting urgent action

The Kenyan shilling’s free fall against the dollar and major currencies is expected to continue for the better part of 2024, as the local currency officially crossed the 160-unit points against the US dollar on January 15.  This suggests that President William Ruto’s administration has

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Trade and Financial Services Round-Up.

KENYA UK and Kenya in fierce tax fight The United Kingdom has made an official complaint over the higher import duty Kenya charged on some of its products, a senior government official has revealed. In line with the East Africa Community (EAC) Customs Union, Kenya

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Political and Regulatory Affairs Round-Up

KENYA Court paves the way for companies to now participate in criminal trials The High Court in Nairobi has declared a section of the law allowing victims to participate in trial unconstitutional for not including companies and associations. Justice Thande Mugure, in her judgement, said

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Parliamentary Round-Up

Parliament adjourned its sittings on Thursday, 7th December 2023, for the long December recess. Both Houses will resume on Tuesday, 13th February 2024.

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NEMA takes bold action against polluters to salvage Nairobi River Basin

In a significant move towards environmental conservation, the National Environment Management Authority (NEMA) has issued restoration orders to 29 companies, compelling them to clean up their environmental mess within the heavily polluted Nairobi River basin. This directive comes after the companies failed to comply with

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Transformative impact of aligning businesses with the SDGs.

The Sustainable Development Goals (SDGs) are a global initiative agreed upon by 193 countries in one of the most united diplomatic motions. These goals outline the challenges faced by societies around the world. The SDGs encompass a wide spectrum of issues, from poverty eradication and

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PSRA’s solo move to impose minimum wage on security firms sparks legal challenges and ministry disapproval

The Private Security Regulatory Authority (PSRA) in November 2023 released a Legal Notice which set the minimum wage for private security officers at Kshs.30,000 per month. While this was a move that was highly welcomed by the private security guards in the country, their employers

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Kenya’s economic landscape in 2024: Report reveals resilient growth trajectory amidst adversities necessitating balance

A macro-fiscal analytic snapshot has been given in a joint report by IPF Kenya and Oxford Policy Management. It reveals a resilient growth trajectory amidst adversities. We delve into the key messages outlined in the report, exploring the nuanced impact on poverty, inflation, debt, fiscal

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Entrenching devolution: Need for adaptation strategies by businesses ahead of trade and industry function unbundling

The national and county governments, under the auspices of the Inter-Governmental Relations Technical Committee (IGRTC), are currently undergoing a validation exercise on government functions. The three-week exercise that began last week will see functions prescribed to both levels of government under the Fourth Schedule of

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When policies do more harm than good: Unpacking the impact of regulatory changes in the face of EABL’s profit  decline

The release of East African Breweries Limited’s (EABL) half-year results has sparked debate on the adverse impacts of regulatory and policy changes on the business environment. EABL’s profit after tax declined by 22 per cent to Kshs 6.8 billion, a downturn attributed to macroeconomic-driven cost

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Kenya’s economic struggles: The IMF-backed reforms, fuel subsidy controversy and the road ahead

At present, Kenya is grappling with multiple challenges compounded by global conditions impacting economic activities and leading to tightened financial conditions.  The Kenyan economy is facing multiple challenges as it tries to recover from a prolonged drought and El Nino effects. These challenges include volatility

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Political and Regulatory Round-Up

KENYA IMF criticises Ruto government for continuing fuel subsidies The International Monetary Fund (IMF) has hit out at Kenya over the reintroduction of the fuel subsidy scheme on the grounds that lack of funds to pay oil marketers will lead to distortion of the budget.

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Ruto convenes historic summit with the judiciary to draft anti-corruption policies amidst allegations and attacks on independence

President William Ruto, on January 22, met with Chief Justice Martha Koome following recent attacks on the Judiciary by the Executive and a section of Members of Parliament (MPs), who have accused the third arm of the government of rampant corruption.  The President convened a

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Finger on the Pulse

Monday, 15th January 2024 Kenya has inched closer to joining the China-led Asia Infrastructure Investment Bank (AIIB) after the Cabinet approved the country’s subscription to the membership of the institution.   Tuesday, 16th January 2024 The IMF report during the World Economic Forum reveals that

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Trade and Financial Services Round-Up

KENYA Shilling falls to a new low of Sh160 to the dollar The shilling’s official exchange rate has hit Sh160.23 to the dollar, extending its record decline against the US currency on the back of pressure from importer demand and efforts by the Central Bank

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Political and Regulatory Round-Up.

KENYA Summary of Cabinet Resolutions On January 15th, the Cabinet Dispatch announced a series of approvals that will shape Kenya’s governance and economic landscape. The Railway Amendment Bill 2024 is set to initiate new ways of running railways. The approval of the Treasury Single Account

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Parliamentary Round

Parliament adjourned its sittings on Thursday, 7th December 2023, for the long December recess. Both Houses will resume on Tuesday, 13th February 2024.

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WHO releases AI ethics and governance guidance for large multi-modal models

The World Health Organization (WHO) is releasing new guidance on the ethics and governance of large multi-modal models (LMMs) – a type of fast-growing generative artificial intelligence (AI) technology with applications across health care.   The guidance outlines over 40 recommendations for consideration by governments,

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An overview of Kenya’s carbon market regulations: A blueprint for sustainable practices and environmental responsibility

In the pursuit of a sustainable and eco-friendly future, Kenya has taken a significant stride by implementing the Climate Change (Carbon Markets) Regulations, 2023. This regulatory framework aims to provide a structured approach to carbon market projects, offering both opportunities and revealing potential gaps. Let’s

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 Challenges threatening EAC unity: A closer look at disputes, economic disparities, and potential rifts

The East African Community (EAC), whose slogan is One People, One Destiny, was established to foster cooperation among the partner states, which comprise Burundi, the Democratic Republic of Congo, Kenya, Rwanda, the Federal Republic of Somalia, South Sudan, Tanzania, and Uganda. The cooperation was to

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Achievement Stocktaking: Kenya Kwanza Government Performance and Delivery Roadshow

The Kenya Kwanza Government, on 9th January 2024, launched a week-long Government Performance and Delivery Roadshow, spearheaded by Public Service, Performance, and Delivery Management Cabinet Secretary Moses Kuria. This initiative aims to assess the government’s accomplishments in the year since it assumed office. The roadshow

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Solar Maximum 2024: Are we on the brink of an Internet apocalypse?

So, in case you are unaware, we are currently in solar cycle 25, which commenced in December 2019. But there is nothing too predictable about a solar cycle, which on average lasts 11 years. The sun’s magnetic field propels a solar cycle. The sun, like

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Which way in the Executive-Judiciary tiff?: An analysis of the call for consultation and the imperative of cooperation 

In the recent past, the President has openly retorted that detractors have resorted to using court processes and procedures to derail his agenda. With much agitation, President Ruto went ahead to assert that he was ready and willing to defy court directions and remain fixated

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 IMF-GoK negotiations: Review unveils progress and challenges from tax measures to state-owned enterprises

During the IMF-Treasury discussions, a review highlighted several met structural benchmarks, with the exception of the qualitative performance criteria for tax collection. However, the deviation observed was smaller than initially anticipated at the time of the reviews. In the wake of December, authorities submitted to

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The church must speak truth to power and navigate its complex relationship with politics

  The clergy are being challenged to speak truth to power and act as a check on the government, particularly at a time when the church is grappling with a tarnished reputation, often accused of going to bed with the government.  In recent times, the

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Business landscape 2024: Key measures for corporate compliance in the new year amidst evolving challenges

Since a majority of the world’s economic activity is conducted through corporations, their impact on society is significant. As such, potential corporate misconduct poses a significant threat to social welfare. History has shown that imprudent and irresponsible corporate behaviour and action have a far-reaching impact

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Judiciary under siege: Why separation of powers and judicial independence must be protected

The judicial role of administering justice should operate independently without any coercion or manipulation in favour of the executive or any other government body.  The entrenchment of the rule of law in Kenya will remain a challenge if the Executive continues to criticise judges publicly

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Kenya-Uganda trade standoff: Legal battle after denied licence and concerns over fuel import crisis

According to trade statistics from 2021, Uganda is a major destination for Kenyan exports, making it a crucial trading partner. As a landlocked country, Uganda heavily relies on Kenya and Tanzania to access goods that arrive via sea. It, therefore, came as a surprise that

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Geopolitical events and AI technology likely to shape 2024

As the world turns into a new year, the state of geo-political relations remains tense, with the Ukraine-Russia and Israel-Hamas conflicts continuing. However, predictions suggest that the state of global geopolitical relations will deteriorate as multiple events are set to take place and significantly influence

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Innovative legal tech trends shaping 2024 for lawyers

In transforming the legal sector, legal technology is automating processes and enhancing the provision of legal services by streamlining legal operations, increasing the department’s visibility, and adding value to the organisation. Briefly, the areas to be on the lookout for include Artificial intelligence and machine

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Jamhuri Day – KENYA @ 60:Reflecting how far we have come and charting the path forward

Kenya’s history and struggle for independence from British colonizers are woven into the fabric of Nairobi. The country was given a new start when Prince Philip, husband of Queen Elizabeth II, formally handed over power on December 12, 1963, thereafter, known as Jamhuri Day —

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Somalia’s integration and new leadership catalyst for EAC strategic trade shift

Recent developments within the East African Community (EAC) include the election of South Sudan President Salva Kiir as the chairman of the EAC and the acceptance of Somalia as part of its regional organisation. This decision, long-awaited but not without its challenges, brings both opportunities

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Climate litigation surge: Businesses must address risks and reputational challenges

Given the global surge in lawsuits addressing climate-related concerns, ranging from inadequate state carbon reduction targets and strategies to corporate inaction and misinformation, and other claims for climate-related damages, corporations must remain vigilant and attentive to this next frontier of reputational risk. Records from a

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Key legislative and regulatory policies set to shape Kenya in 2024

The year 2023 saw the introduction of several legislative and regulatory updates in Kenya. Notably, as the year ends, various notable legislative and regulatory policies and strategies are scheduled to be implemented in the coming year.  Implementation of these proposed changes in law will likely

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Legislative and policy changes that shaped the economic and regulatory landscape in 2023

The year 2023 has been marked by significant legislative and policy developments in Kenya, shaping the landscape for both private and public sectors. As we conclude this year, let’s revisit the key highlights and milestones that unfolded, with a particular focus on insights covered by

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Significant moments of the year that was 2023

While ushering in the new year at State House in Mombasa on January 1, President William Ruto said his government was committed to sustainably driving the economy in 2023. The President said he had taken time to lay a foundation during his first days in

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Parliamentary Round-Up

National Assembly Tuesday 5th December, 2023 (Afternoon session) Motion Report of the Committee of the Whole House on The National Lottery Bill (National Assembly Bill No. 69 of 2023).  Sessional Paper No. 2 of 2023 on the National Tax Policy Reports of The Auditor-General on

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Climate change struggle: Africa’s youth emerge as a force to steer the continent towards sustainable practices and innovative solutions.

In the heart of the global climate crisis, where nations grapple with the consequences of environmental degradation, the youth of Africa emerge as key protagonists in the battle against climate change. As COP 28 unfolds on the global stage, it coincides with the sixth edition

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Finger on the Pulse

  President Ruto amid deploying 41 newly appointed ambassadors, high commissioners and deputy heads of mission has assured Kenyans that they will be held accountable for the use of funds allocated to embassies. The Kenya government in a bilateral agreement has agreed to send 1,500

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Trade and Financial Services Round-Up

KENYA   Stanbic lowers ESG loan screening threshold to Sh50m   Stanbic Bank Kenya will from next month start screening loans of Sh50 million and above for environmental, social and governance (ESG) compliance, tightening the sustainability threshold which currently starts at Sh300 million.   The

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Political and Regulatory Round-up

KENYA   State tables Bill in Parliament to salvage housing tax   The government has tabled a Bill in Parliament that seeks to entrench the controversial housing levy in law in a bid to avert a possible revocation by the courts.   Majority Leader Kimani

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Over 40 million health professionals demand bold health and climate action at COP28

On the first-ever Health Day at a COP, more than 40 million health professionals from around the globe joined the call to action by the World Health Organization (WHO) and civil society organizations, to prioritize health in climate negotiations at COP28. Climate inaction is costing

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Urgent action, bold leadership, and global commitments key to accelerating Africa’s climate wins

Climate change stands as a threat to the foundations of our global food systems. Today, soaring temperatures, shifting weather patterns, and extreme weather are adversely affecting our ability to feed ourselves, demanding urgent solutions. The escalating impacts of climate change are making it increasingly challenging

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COP28 should prioritise harnessing AI and agricultural technology for sustainable farming

Around one-third of global greenhouse gas emissions result from food production, distribution and consumption — meaning that any attempt to meet the terms set out in the Paris Agreement has to address this vital part of our global ecosystem to have a chance of success. Reducing greenhouse

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Green energy revolution: Macro-economic effects, power struggles and winners in the changing landscape of energy economics.

Economic power affects every state and industry in defining manners. Economic power is the access to wealth, natural renewable resources, monopoly powers and/or superior technology. The current global initiative towards climate change threatens to cause a shift in economic powers and strengths, particularly concerning access

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IGAD policy framework on refugee protection: A regional commitment to safeguarding and integrating displacement-affected populations

Today, more than ever, the world is witnessing a global refugee crisis of unprecedented proportions. Millions of people are forced to flee their homes every year, and many of them seek safety and protection within our borders. As a region, the Intergovernmental Authority on Development

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President Ruto and UAE spearhead new African clean energy initiative at COP28

President William Ruto and the United Arab Emirates (UAE) have joined forces to convene African Heads of State and other prominent personalities to accelerate Africa’s green industrialisation.   Speaking during the launch of the ‘Africa Green Industrialization Initiative’ at the COP28, President Ruto said the initiative

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COP28 and Corporates: A reminder to align sustainability reporting with action

The entire world’s attention turns to Dubai later this week as global leaders troop into the magnificent Expo City, UAE, for the 2023 Conference of the Parties of the United Nations Framework Convention on Climate Change (UNFCCC), more commonly referred to as COP28. The anticipation

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NADCO fails to propose tangible ways to reduce the soaring cost of living

The National Dialogue Committee (NADCO) has failed to propose tangible ways to reduce the high cost of living.   This sentiment comes after the release of the NADCO 2023 report, launched on November 25 by a 10-member delegation team, which has elicited reactions among Kenyans. The

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TRADE AND FINANCIAL SERVICES ROUND-UP

Kenya Sugar factories roar to life again on December 1 Sugar millers are set to be re-opened on December 1 more than four months after they were ordered shut after most were accused of harvesting immature cane. It is good news for sugar cane farmers

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POLITICAL AND REGULATORY ROUND-UP

Kenya Double hurdle for William Ruto, Raila Odinga talks as deadline approaches Allies of President William Ruto and opposition leader Raila Odinga on Tuesday maintained hardline positions ahead of a crucial meeting with National Treasury Cabinet Secretary Njuguna Ndung’u this morning on tax matters. The

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Parliamentary Round-Up

The National Assembly Tuesday, 21st November, 2023 – 2:30 PM MOTIONS Reduction of Publication Period of a Specified Bill   1970 Unesco Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property  Loans Contracted by the National

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Climate change and health: Health needs to be front and centre of national plans to fight climate change

Ahead of the UN Climate Change Conference (COP-28), WHO has published its “2023 review of health in nationally determined contributions and long-term strategies” highlighting the actions needed to ensure that people’s health is fully prioritised and integrated into national plans to fight climate change. Climate

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Call for Africa’s leadership in climate action at COP 28

As the world gathers for the 28th Conference of the Parties (COP 28) in Dubai, the urgency of addressing climate change takes centre stage. In a compelling speech leading up to the conference, President William Ruto underscored the critical role of Africa in the global

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IMF affirms climate change commitment amid anomalies and global partnerships

The International Monetary Fund (IMF) has affirmed its position on the climate change global initiative. The IMF has stated its intention to engage with the global initiative by supporting its member states in alignment with the organisation’s mandated roles. On 16th July 2021, the IMF’s

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COP 28 Climate Talks: The imperative role of the banking sector in addressing climate change and nurturing a greener future

The forthcoming 2023 United Nations Climate Change Conference more commonly known as COP28, scheduled for the end of this month in Dubai, demands special attention. We must reflect on the key takeaways from last year’s round of global climate talks to see the progress being

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When two dogs fight, a third enjoys the bone: Kenya angles to reap from US-China trade tensions

On November 15, 2023, Chinese President Xi Jinping and US President Joe Biden held their first face-to-face meeting in a year at the Filoli Estate in San Francisco. This was the second time the two leaders have met during Biden’s term as president, although the

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Political and Regulatory Round-Up

Kenya Haiti mission: Ruto on the verge of getting MPs’ approval Kenya’s President William Ruto is on the verge of getting parliamentary approval to deploy 1,000 Kenyan police officers to the war-torn Caribbean nation of Haiti. This comes after the National Assembly Committee on Administration

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Parliamentary Round-Up

Tuesday, 14th November, 2023 The National Assembly Special Motion  Consideration of a nominee for appointment as a member of the National Government Constituencies Development Fund board. Motion Inspection of various one-stop border posts in the northern corridor in the East African Community   Sessional paper no.

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WHO launches commission to foster social connection and address loneliness as a health threat

The WHO has announced a new Commission on Social Connection, to address loneliness as a pressing health threat, promote social connection as a priority and accelerate the scaling up of solutions in countries of all incomes. Co-chaired by US Surgeon General, Dr Vivek Murthy, and

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Kenya and Romania forge a new era of collaboration: A pivotal moment in bilateral collaboration unveiled

Kenya and Romania have embarked on a new chapter of collaboration, marking a significant milestone in their bilateral relations. The recent meeting between President William Ruto and Romania’s President Klaus Iohannis has ignited a series of discussions and agreements aimed at fostering mutual growth and

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Global fight against climate change calls for bold initiatives and collaborative strategies for a sustainable future

    In line with global trends, Kenya has seen a significant temperature increase of 0.3°C to 0.6°C per decade, impacting key sectors such as agriculture and water resources. This rapid warming trend was a major focus at the inaugural Africa Climate Summit (ACS23) in

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Nairobi summit sets the stage for historic plastic pollution treaty amid geopolitical dynamics

In a critical milestone toward addressing the global plastic pollution crisis, international delegates recently convened in Nairobi, Kenya, to advance discussions on a landmark treaty to fight global plastic pollution. The urgency of this mission was underscored by Kenyan President William Ruto on the first

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President Salva Kiir to assume chairmanship of EAC as Burundi leader completes tenure

South Sudan President Salva Kiir is set to take the position of Chair of the East African Community Regional Intergovernmental organisation. This comes as Burundi President Evariste Ndayishimiye steps down after the end of his one-year tenure.   South Sudan takes the mantle amid great

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AU Data Governance Policy Framework unveils strategies for intra-continental collaboration and innovation

On July 28, 2022, the African Union (AU) released its Data Policy Framework. The Framework aims to provide a multi-year blueprint outlining how the AU will accomplish its goals for Africa’s digital economy. It also sets forth the AU’s vision, scope, and priorities for Africa’s

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Safeguarding children online: The crucial role of digital literacy education in schools

We live in an era where children can skillfully operate smartphones and tablets even before they can walk, proving that our children are growing up in a digital environment unlike any other. Indeed, with each passing year, technology’s impact on their life grows more powerful,

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Shift from Mungiki leadership to Amani Sasa Foundation and quest for Mt Kenya leadership: What is up Maina Njenga’s sleeve?

“Mungiki” a Kikuyu word derived from the word “Muingi” which means masses, emerged in the 1980s as a religious movement, drawing inspiration from traditional Kikuyu culture and practices.  The objective of the sect was to unite and mobilise the masses to fight against the yoke

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You can run but you can’t hide: High cost of living haunts Kenya Kwanza Coalition MPs

    The reality of the high cost of living which has largely been attributed to the rise in fuel prices now haunts UDA and Kenya Kwanza coalition MPs. The MPs are now demanding that the government urgently deals with the issue before it gets

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TRADE AND FINANCIAL SERVICES ROUND-UP

KENYA Banks seek review of law on filing taxes every five days The banking sector wants Parliament to review a new law requiring firms in sectors with a high risk of under-declaring taxes to pay dues every five days. The Kenya Bankers Association (KBA) told

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Kenya’s debt situation: Economist Ndii sheds light on looming crisis and mitigation efforts

Seven months before the maturity of the 2024 Eurobond, Kenya’s debt situation has been likened to a “patient in an intensive care unit” where extensive efforts are being made to restore good health, but the situation remains a matter of life and death.  In a

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Significant Political Sentiment – Kenya explores new infrastructure financing opportunities with Beijing

On Wednesday, October 18, China’s President Xi Jinping held a meeting with President William Ruto who was in China to attend the third Belt and Road Forum for International Cooperation.  This was his maiden trip to China, a visit which was keenly watched by diplomatic

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With the arraignment of police, Kenya Kwanza seeks an official end to abducted Indian nationals and Kenyan driver saga

On Tuesday, October 17, a group of 15 men were charged at Kahawa Law Court in Nairobi, a few meters from Kamiti Prison. Apart from the last two and the first one on the charge sheet, the men were at various ranks in the police

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Significant Political Sentiment: As Africa remains divided on the Israel-Palestine conflict, Kenya takes a pro-Israel stance

The October 7 surprise attack on Israel by Hamas, the Sunni Islamist political and military organisation governing the Gaza Strip of the Palestinian territories, has united African leaders in condemning the violence, but they remain deeply divided on who to blame.  Globally, several countries have

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KENYA GAZETTE

Presidential Appointments The President of the Republic of Kenya made the following appointments;   Dr. Simon Gicharu as the Chairperson of the Kenya Institute of Curriculum Development, for a period of three (3) years, with effect from the 13th of October, 2023. The appointment of

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Political Sentiment – Isaac Mwaura assumes government communication responsibilities amid outcry over CS utterances

Attempts by Cabinet Secretaries (CSs) to exercise powers beyond their mandates and make pronouncements over roles outside their ambit are common characteristics of the Kenya Kwanza administration.     The Cabinet has also been attracting attention for issues ranging from utterances by some of its members to

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KENYA GAZETTE

Senate Bills, 2023 The Insolvency (Amendment) Bill, 2023 The Parliamentary Powers and Privileges (Amendment) Bill, 2023 The Public Transport (Motorcycle Regulation) Bill, 2023 The County Public Finance Laws (Amendment) Bill, 2023 The Public Finance Management (Amendment) Bill, 2023 The Street Vendors (Protection of Livelihood) Bill,

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Leadership wrangles at Communication Authority deepen as board chair’s credentials challenged

Internal conflicts among certain board members and top managers at the Communication Authority (CA)  have escalated, persisting even after the dramatic suspension of the former Director-General Ezra Chiloba, three weeks ago. As investigations continue into Chiloba’s alleged abuse of the Authority’s mortgage scheme, which was cited

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