Kenya Dairy Board's Revised Laws
The Kenya Dairy Board (KDB) has announced plans to launch the revised draft of dairy regulations on 9th March 2020. The board initially introduced the law to the public in [...]
NSSF to Increase Monthly Deductions from July
The National Social Security Fund (NSSF) is set to increase monthly deductions as from 1st July this year, in accordance with the stalled NSSF Act 2013 that is beginning to [...]Nairobi County Functions Transferred to the National Government
Some functions of Nairobi County have been handed over to the National government in a deal signed at State House in the presence of President Uhuru Kenyatta, embattled Nairobi governor, [...]
New Generation Passport Deadline Extended Again
The government has extended, again, the deadline for applying for the new generation e-passport to March 2021. This follows the reality that 1.8 million Kenyans, including those in the diaspora, [...]KDIC to Become a Parastatal
Kenya Deposit Insurance Corporation (KDIC) is about to become a state corporation after splitting from the Central Bank of Kenya. KDIC has been a department of CBK. The transitioning process [...]Kenya’s Crude Oil Production to Hit 46,000 bpd in 2023
Kenya’s crude oil production should ramp up, pending final investment decisions by Tullow Oil. According to Tullow, oil from the Lokichar Basin is expected to cost US$25/bbl. to extract and [...]
SMEs' Financing Scheme to Commence in June
The government intends to roll out Ksh4Billion Stawisha SME Mashinani in June to provide affordable credit to MSMEs. Stawisha SME Mashinani intends to be a one-stop-shop solution where SMEs receive [...]Kenya Power's KSh4.1 Billion Tender Cancelled
The Public Procurement Administrative Review Board (PPARB) has cancelled the KSh4.1 billion Last Mile tender that Kenya Power had awarded the French Development Agency . The electricity distributor had mandated [...]Kenya’s GDP to Grow at 6% in 2020, AfDB Report
Kenya’s economy is expected to grow at 6 per cent this year, propelled by favourable weather conditions and big-ticket investments around the Big 4 agenda on health, housing, manufacturing and [...]Kenya May Issue a Fourth Eurobond in 2020
A New York Based Securities firm, BofA Securities, predicts that Kenya will seek funds from international investors through a Eurobond in the second half of 2020. This is despite reassurances [...]
Government’s Half Year Recurrent Spending Hits KSh479.6 Billion
The Government of Kenya used a total of KSh479.6 billion in recurrent expenditure at the end of the first six months of the current 2019/2020 financial year. It also spent [...]Slow Down on Projects, World Bank Tells Kenyan Government
The World Bank has urged the government to slow down on intensive projects as the country continues to shoulder a growing debt. Chief Economist, Pinelopi Koujianou Goldberg, urges President Uhuru [...]
