Today is Wed, 30 Oct 2024
Executive Walkway![]()
NATIONAL MULTI-SECTORAL FORUM KICKS-OFF, AMIDST UNCERTAINTY OF ITS OBJECTIVES
President Ruto and ODM Leader Raila Odinga last week, during the assent ceremony of the IEBC Bill, announced the need for a multi-sectoral dialogue and insisted that the country needed open and broad-based conversations to chart the way forward.
This week marks the beginning of the National-Multi Sectoral Dialogue. The forum, set to begin today, July 15 and conclude on Saturday, will foster national dialogue and seek lasting solutions to Kenya’s pressing issues. President William Ruto has emphasized the importance of the forum stating that it will propose the way forward for the country given the current realities.
Having announced the dissolution of the Cabinet, potential discussions during the 6-day forum may touch on among other things, Cabinet nominees and measures for tackling the ballooning debt and wage bill.
Parliamentary Aisle![]()
POWER PURCHASE AGREEMENT ON THE SENATE’S RADAR, NATIONAL ASSEMBLY STILL IN RECESS
A motion seeking to unravel the intricacies around power purchase agreements in the country will be tabled this week before the Senate. The motion sponsored by Nyeri Senator, Wahome Wamatinga comes against the backdrop of continued cries and concerns around the high cost of electricity in the country.
Earlier in February, the Energy and Petroleum Regulatory Authority published the Draft Energy (Electricity Market, Bulk Supply, and Open Access) Regulations 2024. The proposed regulations seek to govern the generation, importation, exportation, transmission, distribution, and retail supply of electrical power in Kenya.
Power Purchase Agreements(PPAs) have been of concern to the country evidenced by the Presidential Taskforce on PPAs as a way of addressing the challenges bedeviling the energy sector, causing high costs to the consumers.
Corridors ofJustice![]()
SHIF SUFFERS A BLOW, PARLIAMENT GIVEN 120 DAYS TO RECTIFY THE ANOMALIES
The High Court last week declared the Social Health Insurance Fund Act unconstitutional. The Court took particular concern with Sections 26(5) and 27(4) citing that they are discriminatory and limiting access to the highest attainable standards of health in so far as Article 43(1) is concerned.
Relief for the government is that Parliament was granted 120 days within which to remedy these anomalies otherwise SHIF will hit a dead end by November 10, 2024.
Talking of Which![]()
THE 6TH AFRICAN UNION MID-YEAR COORDINATION MEETING TO TAKE PLACE IN ACCRA, GHANA
Conceptualized in 2017, this meeting brings The Bureau of the African Union Assembly, Chairpersons of Regional Economic Communities, the AU Commission, the Regional Mechanisms and member states together.
The meeting is considered a principal forum for the African Union and Regional Economic Communities to align their work and coordinate the implementation of the continental integration agenda. This year’s meeting will take place from the 18th to the 21st of July, 2024 in Accra, Ghana.
Watch out for![]()
THE 2024 KENYA GEOTHERMAL CONFERENCE
The Kenya Geothermal Conference, scheduled to run from 16th to 21st July 2024, aims to showcase the country’s achievements in geothermal energy, foster cooperation among companies and institutions in the sector, engage local communities in resource areas, and promote inclusivity and diversification in geothermal development.
The event themed ‘Incentivizing Geothermal Energy for Kenya’s Industrial Development’ will feature presentations from national policymakers, scientific discussions, field trips to various geothermal projects, an exhibition highlighting successes and lessons learned, as well as networking opportunities and social events for participants. The event will be held in Nairobi.
MovingUp![]()
Zul Abdul, Chairman of Jubilee Holdings
Mr Zul Abdul is the new chairman of Jubilee Holdings Limited and its subsidiaries, taking over from Nizar Juma who has been on the Board for the last 20 years. Mr Abdul joined the Board in 2014 and is currently the CEO of Trans-Orbit Kenya Limited.
He has held several key leadership positions in the past, including President of the Aga Khan National Council in Kenya, Chairman of Aga Khan Education Services, Chairman of the Jubilee Fund Limited, Director of Anfield Holdings Ltd (a property development company), and Executive Director of Wiggins Teape Ltd, an international paper manufacturing and trading company.
Mr. Abdul serves as the Chairman of the Board Audit & Compliance Committee and is a member of the Board Property Committee and the Board Nominating & Human Resources Committee. He was appointed Vice Chairman of the Board 4 years ago.