Today is Thu, 21 Nov 2024
Executive Walkway![]()
Changes in the Cabinet in the Horizon
H.E. President William Ruto is set to fill in unoccupied slots in his cabinet. The appointment of Prof Kindiki Kithure as the Deputy President left a void in the Ministry of Interior and National Administration role. The Gender docket has also remained vacant for the longest time as the nominee was rejected by the National Assembly.
He is also expected to be in Baku, Azerbaijan for CoP 29 as the global climate and sustainability forum takes centre stage. As the champion of Africa’s climate agenda, one year after the Africa Climate Summit, President Ruto is expected to continue drumming his support for financial support for Africa’s climate agenda in the global event.
Parliamentary Aisle![]()
Senate Resumes
This week, the Senate will resume sittings on Tuesday, 12th November 2024. A key item to watch is Senator Cherarkey’s Constitutional Amendment Bill. In a decisive blow to proposed constitutional reforms, the Senate Committee on Justice, Legal Affairs, and Human Rights has recommended rejecting this controversial bill, which aims to extend elected officials’ terms from five to seven years. Despite the committee’s rejection, Sen. Cherarkey can still bring the bill to a Second Reading, provided he secures a seconder for the motion and rallies enough support from his fellow senators. Without sufficient backing, however, the bill will not advance and will effectively end at this stage.
Corridors ofJustice![]()
Ex-KNTC CEO in court
Former Chief Executive Officer of the Kenya National Trading Corporation (KNTC) will this week be in court over the irregular procurement processes in the botched edible oils deal. Earlier last week, Senators led by Marsabit Senator, Sen. Mohamed Chute had expressed concerns over the probe citing tampering of evidence.
Talking of Which![]()
Africa Economic Conference
The 2024 African Economic Conference (AEC), jointly organized by the African Development Bank (AfDB), the Economic Commission for Africa (ECA), and the United Nations Development Programme (UNDP), will be held in Gaborone, Botswana, from 23-25 November 2024. The theme of this year’s conference is “Securing Africa’s Economic Future Amidst Rising Uncertainty”.
Watch out for![]()
Africa Tech Festival 2024
The Africa Tech Festival 2024, is set to take place from 12-14 November at the Cape Town International Convention Centre (CTICC). Themed “Putting African Tech on the Global Stage”, this year’s event is set to bring together over 15,000 attendees, 400 speakers, and 300 exhibitors.
MovingUp![]()
Lazarus Muema Appointed as the New Chair to the Board of Directors of Family Bank
Mr. Lazarus Muema has been appointed as the new chair of the Family Bank Board of Directors. He joined the Bank in 2017 as a Non-Executive Director and has been working there for the past seven years. He has an accounting degree from the University of Nairobi and is a Certified Public Accountant (CPA-K). He has 20 years of experience in finance, insurance and pension, both in Kenya and Internationally. He is the founder of Penplan Services Limited, an independent pension consulting firm registered in Kenya in 2011. He has also made contributions to the Finance sector through various he has held in Companies like Shell Exploration in Kenya and Uganda, where he was a Finance manager. He was also the Finance Controller at Shell East Africa Kenya office. He was also a Finance Advisor at Shell International in London and Pensions Investment and Policy Advisor for Shell Africa. Lazarus Muema is taking over the post of Board Chair from Francis Mungai, who was passed on while receiving treatment in June 2024, just a month after he was appointed Family Bank Chairman.