Today is Fri, 16 May 2025
Executive Walkway![]()
President Set for 8-Day China Visit as Kenya Moves to Strengthen Global Ties
The President will embark on an eight-day official visit to China starting this Tuesday, aimed at strengthening diplomatic relations and exploring new areas of collaboration with the Asian nation.The visit follows a recent decision by the U.S. President Donald Trump imposed a 10 percent tariff on certain imports from countries including Kenya—a move that has since been postponed for at least 90 days.
In a parallel development, the President is also set to assent to the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) Bill, 2025. The legislation introduces amendments to ten Acts of Parliament and marks a significant step in Kenya’s efforts to be removed from the Financial Action Task Force (FATF) grey list.
Parliamentary Aisle![]()
MPs Defy Raila as Controversial CDF Bill Heads for Public Participation
The Constitution of Kenya Amendment Bill 2025 is up for public participation across the country this week. The bill, sponsored by Rarieda MP Otiende Amollo, seeks to amend the Constitution through a parliamentary initiative to establish three funds: the National Government Constituencies Fund, the Senate Oversight Fund, and the National Government Affirmative Action Fund.
This bill has sparked controversy as MPs, including members of the ODM party, have defied their party leader Raila Odinga’s call to disband the National Government Constituencies Development Fund (NG-CDF). Mr.Odinga had reprimanded MPs, urging them to stick to their mandate and fulfill their duties or face the consequences in the upcoming general elections.
Corridors ofJustice![]()
High Court Resumes After Recess
The High Court and Courts of Equal Status resume their sessions today following the Easter Recess, which began on 9th April 2025.During the break, the High Court held its 2025 High Court Leaders Conference in Mombasa under the theme “15 Years of Devolution: The High Court’s Role in Shaping Governance.”Judges of the Employment and Labour Relations Court (ELRC) also held a conference focused on key emerging issues affecting the world of work. The discussions highlighted the dynamic and interconnected forces shaping employment relations and the evolving nature of disputes brought before the ELRC.
Talking of Which![]()
KRA Sets Fringe Benefit and Deemed Interest Rates for Q2 2025
The Kenya Revenue Authority (KRA) has issued a notice outlining the applicable Fringe Benefit Tax and Deemed Interest Rates for the period of April to June 2025.According to the notice, the market interest rate for Fringe Benefit Tax is set at 9%, in accordance with Section 12B of the Income Tax Act. Similarly, a prescribed interest rate of 9% will apply to Deemed Interest under Section 16(2)(ja) of the same Act.KRA further notes that a withholding tax of 15% on deemed interest must be deducted and remitted to the Commissioner within five working days.
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Annual E-Mobility Stakeholders Conference and Expo
The 3rd Annual E-Mobility Stakeholders Conference and Expo is scheduled to take place from May 5th to 6th, 2025, at the Kenyatta International Convention Centre (KICC) in Nairobi. The event is hosted by Kenya Power, in collaboration with GIZ and the Electric Mobility Association of Kenya (EMAK). Themed “Nurturing the Growth of E-Mobility in Kenya”, the conference aims to bring together stakeholders from the electric mobility sector to discuss advancements, challenges, and the future of e-mobility in the country. Key highlights include an EV parade that will showcase the latest electric vehicles and innovations in the sector and conference sessions that will feature panel discussions, workshops, and exhibitions focusing on the current status and future prospects of electric mobility in Kenya.
MovingUp![]()
Azmaira Thobani
Head of Sustainability and Communications , Diamond Trust Bank
Azmaira Thobani has been appointed as the new Head of Sustainability and Communications at Diamond Trust Bank (DTB).Her elevation to this role marks a strategic move by the bank as it strengthens its commitment to environmental, social, and governance (ESG) impact, effective communication, and long-term sustainability.Azmaira is a highly accomplished communications strategist with over 10 years of experience crafting purpose-driven narratives that align with organizational values. From public relations and reputation management to sustainability and crisis communications, her career has been built around delivering measurable impact through clear, compelling storytelling. She has a proven track record in using communication as a lever for transformation and stakeholder engagement.
She previously served as the Head of Corporate Communications at Diamond Trust Bank (DTB) where she shaped the bank’s communication strategy, ensuring alignment with business and brand objectives. She also spearheaded internal communication and employee engagement while overseeing communications across Kenya, Tanzania, Uganda, and Burundi. In addition, she chairs the Kenya Bankers Association PR Committee, driving industry-wide communication initiatives.
Terry Antoinette
Head Africa & Middle-East ,DTOS Ltd
Terry Antoinette has been appointed the Head – Africa & Middle-East at DTOS Ltd.He will spearhead the development and operations of the Group on the continent and in the UAE. Terry’s expertise is expected to drive and reinforce DTOS’ position as a trusted partner for businesses navigating complex markets. Terry Antoinette is a Chartered Accountant, having several years of experience in the areas of financial, regulatory and taxation related Management, including preparation of financial statements, Financial Analysis accounts and business plans. He has assisted clients with implementation of new systems, business process transformation & automation to enhance efficiency and effectiveness. His core strengths are delivering results and building high performance teams.