News & Politics

FCTA To Residents: Stop Patronising Cabs From Unauthorised Parks
 By Ismaila Jimoh, Abuja As a measure to quard against falling prey to the operators of popular ‘One
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Benue Assembly Rejects Resettlement Of Herdsmen, Housing Units
 By Henry Ibya, Makurdi Stakeholders in Benue State have been urged to reject any attempt to settle Fulani
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Obaseki Warns Against Politics Of Lies, Manipulation
 BY IKHILI EBALU, BENIN CITY Edo State Governor, Godwin Obaseki, has warned against politics of lies, manipulation and
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SGBV: NGO Seeks ‘Safe-Space’ Establishment In Kaduna
 BY RAHILA ABDULLAHI, KADUNA Two Non-Governmental Organisations, NGOs, International Alert and Global Peace Development, are planning establish a
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Ebonyi’s Independence Calls For Celebration – Ngele
 By Nwogha Ndubuisi, Abakaliki Erstwhile Senator representing Ebonyi North, Nguji Ngele has congratulated Ebonyi State on its 27th
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Don Urges Support For Persons With Mental Health Issues
 By IKHILI EBALU, BENIN CITY Don in the Department of Mental Health, University of Benin Teaching Hospital, UBTH,
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Solid Minerals Will Promote Climate Change, Says Aalake
 Minister of Solid Minerals Development, Dr Oladele Alake has reaffirmed that the decision of the Federal government to
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Firm eyes untapped Nyanza electric transport market
 Before the rollout of the project, they also engaged the fishing community by asking them how renewable energy could transform their lives and others in the value chain. 
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Cabinet writes off Sh117b sugar millers debt
 Treasury is working on waiving tax penalties and interest within 30 days. Cabinet endorses LPG growth policy and re-development of hydropower plant in Migori. 
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Will a consumption-based tax finally net informal economy?
 It marks yet another one of the futile attempts to net the informal economy who for long have always outwitted the taxman. 
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Functioning 'Orgware' a panacea for Kenya economic transformation
 The government needs to implement policies that drive economic growth through fiscal and monetary policy, address factors that hold back growth, and reduce inefficiencies 
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Privatisation law strips Parliament of oversight role in sale of state corporations
 The new law strips Parliament of its oversight role in the privatisation and nationalisation of State corporations and grants sweeping powers to the Cabinet Secretary. 
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KRA boss reshuffles customs managers to boost operations
 The new Kenya Revenue Authority (KRA) Commissioner General Humphrey Wattanga has reshuffled customs chief managers. 
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Redefining governance: Africa's surge in RegTech and GovTech innovation
 Through the dynamism of regulatory technology and government technology, countries across the continent are not only embracing the future but actively shaping it. 
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Lillian Ngala, renowned HR professional launches career networking platform
 Through the platform, Ms Ngala says that professionals can register either as a mentor or mentee, then be paired with partners they will work with and grow professionally together. 
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Ruto: Government will lease and not privatise sugar factories
 Ruto said the leasing plan aims to ensure efficient operations and prudent management of the factories to safeguard the interests of farmers. 
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Huge pending bills crippling businesses, hurting tax cash
 Political interference has also been cited as a key issue as new governments are not ready to take up the obligations of the previous administrations. 
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Broke tycoons: When tenders send people to an early grave
 According to the report, only 19.7 per cent of Kenyan companies process invoices within 24 hours, with 57 per cent of them taking up to a week to prepare them for payment. 
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Safaricom fires 33 employees for breach of policy, M-Pesa fraud
 A majority of the cases probed (17) were related to breach of policy and procedure while another 14 were related to SIM-swap cases. 
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Drink to that! EABL boss, CFO toast to staggering Sh186.9m pay
 EABL has revealed its CEO Jane Karuku and Group CFO Risper Ohaga took home annual gross compensation of Sh186.9 million for the year ended June this year. 
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Multinationals angle for a piece of the pie at port amid objections
 The renewed plan to concession services at the two ports has, predictably, been engulfed in a storm despite President William Ruto's attempt to explain its economic implications. 
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Letter from Ghana and the making of its nationhood
 Accra did not surprise me after five years. The friendliness of the country and the feeling you are welcome could bring in more tourists than the Big Five. 
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Ambassadors tour SGR, ride to Mombasa
 Chinese ambassador to Kenya Zhou Pingjian said the event marked the strides that the partnership between the two nations has achieved. 
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Watchdogs give rice consignment at port clean bill of health
 Committee Chairman James Gakuya said the consignment of Pearl Rice in question had met all health and quality benchmarks after being subjected to requisite tests. 
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Sarova takes over Nanyuki-based Maiyan Resort in latest deal
 Kenya's largest indigenous hospitality group announced it will take over Maiyan Luxury Resort effective November 1, and rebrand it into Sarova Maiyan Nanyuki. 
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Stanchart bid to block Sh30b pension payout to ex-staff flops
 The High Court has upheld the decision of the Retirement Benefits Tribunal for the lender to make settlement to 629 pensioners. The bank has also been ordered to foot the cost of the suit. 
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Big boost as Z Boskovic Air Charters bags IATA certification
 Local charter airline Z Boskovic Air Charters is looking to expand its operations after gaining a new international certification standard. 
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Blow to Equity in Transcentury contest
 The High Court in Nairobi on Friday dealt Equity Bank a major blow after dismissing its application to reinstate Transcentury under receivership in a Sh6 billion dispute. 
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Ruto set for historic China visit with Sh150bn begging bowl
 President William Ruto and his Chinese counterpart Xi Jinping are expected to meet soon, the Government has confirmed. 
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Hard questions in Telkom Kenya sale
 Prof Ndung'u said ICA will inject capital to fund Telkom Kenya's infrastructure and settle some of its outstanding liabilities estimated at over Sh140 billion. 
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Questions arise on government decision to sell Telkom Kenya stake to Emirates firm
 Prof Ndung'u said ICA will inject capital to fund Telkom Kenya's infrastructure and settle some of its outstanding liabilities estimated at over Sh140 billion. 
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Pension fund boss pushes for 'Pay-As-You-Spend' tax
 CPF Financial Services has proposed a change in the tax regime, citing shortfalls in the government's current revenue collection structure. 
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Safaricom spends Sh64.8b on local suppliers as women gain
 Telco says its spend on women-owned businesses increased to 5.8 per cent last financial year. Sustainability report notes that company boosted country's economy by Sh909 billion. 
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Former Family Bank CCO seeks Sh717m for job loss and false report
 He accuses Family Bank of ruining his high flying career through a damning report. He says the lender got him from Britam where he was doing well and could have worked up to 65. 
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Cotu rejects proposed Bill on foreign currency
 Central Organisation of Trade Unions-Kenya (Cotu-K) termed the Forex Hoarding Bill, 2023 retrogressive, repressive and archaic. 
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Vibrant agriculture sector key to economic growth
 The Cabinet's approval to write-off Sh117 billion owed by State-owned sugar companies is a major boost to farmers who have suffered losses due to mismanagement of the sub-sector. 
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