The joint committee of Senate and National Assembly on Finance will meet to adopt the report on consideration of the nominated DG Competition Authority, David Kimei on Tuesday 24th September 2024.
The Senate Equalisation Fund (Administration) Bill will be read for a second time on Tuesday 24th September 2024.
The High Court of Kenya has ruled that the Constituency Development Fund (CDF) Act of 2015 will cease to operate after June 30, 2026. The court has provided this deadline to allow for the realignment of the Act with the 2010 Constitution, which ensures a separation of powers between the executive and legislative arms of government.
This decision comes after years of challenges to the constitutionality of the CDF, which allocates government funds directly to Members of Parliament for local development projects. By setting this date, the court allows time for lawmakers to review and potentially amend the CDF Act to ensure it complies with constitutional principles. If no changes are made by the deadline, the CDF’s operations will effectively be halted.
The push to cut the cost of air transport within East Africa has gained momentum with the East African Community submitting regulations to support liberalisation of air transport. The regulations highlighting how to leverage airfare, packing fees and other levies charged by airlines are to be submitted to the 19th Meeting of the Sectoral Council on Transport, Communication and Meteorology (TCM) for adoption next month.
The proposed guidelines are meant to reduce airfares, save time on connecting flights and ease movement of people and cargo within the region. Without an open airspace regime in place, African countries have been relying on bilateral air services agreements, presenting the challenges of multiple negotiations with several countries.
On September 27th 2024 the Pan-African Council will be having the 2024 East Africa Diaspora Investment Symposium. This will be an interactive and dynamic action-oriented full-day event with the theme of “Empowering the African Diaspora to Accelerate Trade, Investment, and Economic Growth in East Africa”.
Something to look forward to is networking, learning, and exploring investment opportunities in East Africa as well as the chance to connect with fellow diaspora members and industry experts. This will be an exciting opportunity to discover new ventures, gain valuable insights, and contribute to the growth of the region.
Mary-Ann Musangi, Managing Director of Haco Industries, has been elected chairperson of the Women in Manufacturing committee of the Kenya Association of Manufacturers (KAM).
Mary-Ann Musangi, an entrepreneur and Managing Director of Haco Industries, has been elected chairperson of the Women in Manufacturing committee of the Kenya Association of Manufacturers (KAM).
Launched by KAM in 2017, the Women in Manufacturing programme aims to improve market access for women industrialists, foster a supportive environment and enhance their competitiveness locally and globally.
The programme encompasses women-owned, founded and led businesses, within KAM’s membership, as well as women working in manufacturing and young girls encouraged to pursue careers in science, technology, engineering, and mathematics.
“As chairperson of the Women in Manufacturing Committee, Ms Musangi is poised to drive innovative change to meet both the evolving needs of the industry. Her new role provides a strategic platform to advance the principles of sustainability and innovation that are increasingly shaping the future of manufacturing both locally and globally” KAM said.
“Under her leadership, the committee is expected to not only increase women’s representation in the industry but also push the boundaries of what is possible through innovative and environmentally conscious prac-tices” it added.