Thursday 27 July 2017
(Standard Digital 06/13/13)
Treasury faces the daunting task of toning down tax measures that are likely to inflict maximum pain on Kenya’s poor. A Bill that comes to the National reading of Thursday’s Budget proposes to slap Value Added Tax (VAT) of 16 per cent on a host of essential goods and inputs, including fertiliser, maize flour, bread, wheat flour, milk, livestock feed, pesticides and books. Others are sanitary towels, newspapers, computers, insecticides, locally assembled water pumps and gin cotton. Shelved last year in the run up to presidential elections, the VAT Bill would see the cost of such commodities rise by 16 per cent or more, because their fi nal retail price is left to the discretion of traders. For instance, currently...
(Business Week 06/12/13)
NAIROBI, KENYA - Newly created County Governments in Kenya will benefit from a $300 million financing arrangement from the World Bank. World Bank Country Director for Kenya Ms Diarietou Gaye said the Bretton Wood institution will expand its financial help to accommodate the new government units in helping the country realize its development goals. The funding will cover a cross section of projects key among them infrastructure covering water, electricity, sewerage and general energy.“We are keen on formulating a programme that takes into consideration the changed structure in governance. We will be engaging stakeholders both at county and national levels to come up with a multi-faceted development strategy,” said Ms Gaye. Gaye was speaking during her maiden press conference since...
(Business Daily 06/12/13)
Engineering and medical students in public universities will start paying higher charges than those studying arts from October under a government plan meant to reduce subsidies. Education Cabinet secretary Jacob Kaimenyi said on Tuesday lecturers would also be paid according to the subjects they taught. “Recruitment of the members of the board that shall set the particular amounts for unit-costing is under way. We expect that the board shall be functional in three months,” Prof Kaimenyi said during a meeting with vice chancellors of local private universities. The fee-setting model, commonly referred to as ‘differentiated unit costing’, uses a standard formula to determine the cost of teaching each degree course to graduation. The change is in line with the recently-enacted...
(Voice of America 06/12/13)
Ghana has arrested more than 100 Chinese nationals accused of illegally mining gold in that country. Zambia seized a Chinese coal mine in February over safety concerns. And Gabon is planning to take back assets from three foreign oil companies - including one from China. These moves and others have some analysts pointing to a backlash against Chinese investment on the continent. While experts say the China-Africa honeymoon may be over, divorce is not likely. China became Africa's top trade partner in 2009. Bilateral trade hit nearly $200 billion in 2012. Some Africans believe they are getting the short end of the stick, however, as they export valuable natural resources to China without receiving much in return by way of...
(Business Daily 06/12/13)
Workers at east Africa's only oil refinery on Kenya's Indian Ocean coast protested on Wednesday and blocked the entrance to the plant over reports the facility may be closed. More than 500 workers and contractors at the Kenya Petroleum Refinery Ltd (KPRL) were joined by residents of the area to press the government to release a report on the facility's viability that was due to be completed by end of May. "Currently we are operating with a lot of problems because workers are out protesting against an alleged intention to close the refinery," KPRL Managing Director Brij Mohan Bansal, told Reuters by phone, urging the workers to return to work. This was the second such protest after the workers demonstrated...
(Business Daily 06/12/13)
Consumers have opposed the re-introduction of a Bill by Parliament whose enactment will see the cost of bread, maize flour and other basic commodities increase by 16 per cent. The Consumers Federation of Kenya (Cofek) said the controversial bill which proposes 16 per cent Value-Added Tax on the commodities would not only make life unaffordable to majority of Kenyans but would kill the economy, increase insecurity and diseases. “The government will be faced with almost instant realities of low food production and mass food imports which will deny the country a lot of revenue as well as strangle agriculture related industries that rely on locally produced raw materials,” Cofek secretary general Stephen Mutoro said Wednesday. Mr Mutoro, who was accompanied...
(Business Daily 06/12/13)
Teachers, lecturers, HIV/Aids patients, farmers and small enterprises are set to be the biggest losers after the government failed to provide about Sh100 billion for social programmes in the Budget. The parliamentary Budget and Appropriations Committee shows in its report that the House started debating on Tuesday that there will be no money for buying life-prolonging anti-retroviral (ARV) drugs and other vaccines from July this year as well as for connecting 2,460 public facilities to the national power grid. The connections through the Rural Electrification Authority were expected to take power supply closer to rural trading centres, promoting the set up of small businesses such as welding workshops, hair salons and eateries. The project needed Sh1.3 billion. The committee said...
(Standard Digital 06/11/13)
The Kenya Petroleum Refinery Limited and oil marketing company, KenolKobil are at the centre of a Sh1 billion controversy that entails an irregular release of petroleum products. According to correspondence between the two companies obtained by The Standard, KPRL delivered to KenolKobil oil products valued at Sh1.17 billion without a valid letter of credit and which the firm has not paid for to date. This has put the Kenya Refinery in an awkward financial position and threatens to see it lose out on a financial deal it has with the Standard Chartered Bank. The bank has a $350 million financing agreement with the Refinery, which is expected to play part in kick starting KPRL’s modernisation programme. Standard Chartered is however...
(Business Daily 06/11/13)
Fish produced in the country will soon have to clear with the Kenya Accreditation Service (Kenas) for it to be allowed for export, in line with global quality standards. Kenas will also certify fishing vessels, methods of fishing and processing details to stamp out illegal fishing practices. This follows a proposed European Union (EU) guideline four years ago requiring imported seafood to be accompanied by a “catch certificate” from a competent authority to help curb illegal fishing, especially in the Indian Ocean waters. There have also been safety concerns in the European market after finding traces of toxic mercury in Kenyan fish. Speaking on Monday during the 5th World Accreditation Day, Kenas Chairperson Marion Mutugi said the agency was keen...
(Business Daily 06/11/13)
President Kenyatta has assented to the controversial Division of Revenue Bill, Majority Leader Aden Duale has told MPs. Addressing the National Assembly on Tuesday, Mr Duale said the signed into law the Bill on Monday. On receiving the news, the Senate adjourned and went into a closed session to discuss President Kenyatta's move. Siaya Senator James Orengo broke the news to a shocked Senate and proposed the adjournment. Mr Orengo said the implication was that the Senate was of no consequence. The Senate had wanted Sh258 billion allocated to the counties. Senators and governors said that without the extra Sh48 billion, some counties will suffer in delivery of service. “It is with deep sorrow that I received the news that...
(Voice of America 06/11/13)
NAIROBI, KENYA — The Kenya Anti-Terrorism Unit gunned down a terror suspect on Tuesday. Security officers believe the slain suspect was behind a grenade attack in Nairobi on Sunday that injured four people. Benson Kibui, Nairobi area police chief, said police had been trailing the terror suspect since Monday evening. He said they received a tip on where the man lived and then carried out a raid to arrest him. “This morning we were able to zero on him at Eastleigh section 3. We ordered him to surrender but he couldn’t budge, we were able to get rid of him. And we got from him a pistol with ammunition and we identified this person is one of us, he is...
(Business Daily 06/11/13)
Kenya is among six African countries that will benefit from a job creation initiative launched by the Rockefeller Foundation. Dubbed Digital Jobs in Africa, the programme that will also benefit Nigeria, South Africa, Ghana, Morocco and Egypt intends to create jobs through the use of technology. The $100 million for the project will be channelled through the foundation’s Africa’s regional office that is based in Nairobi. It will run for seven years. ‘‘We will offer skills and expertise that will impact one million people in Africa through jobs and sustainable growth,’’ said Rockefeller Foundation regional managing director Mamadou Biteye when he visited Nation Media Group chief executive officer Linus Gitahi. The selected countries all showed growth in usage of ICT...
(Standard Digital 06/11/13)
Agriculture Secretary Felix Koskei warned that grain farmers could be asked to store their next harvest at home after a suit seeking to attach the national stores was filed Monday. A small private company moved to court in Nairobi yesterday seeking the seizure and auction of the country’s strategic grain reserve facilities worth billions of shillings. In a case that could have far-reaching heir homes to avert a food shortage crisis if the silos were auctioned. “We will ask farmers to preserve the maize in their homes and so there will be no crisis,” said Koskei. But a senior officer who has worked at the Ministry of Agriculture for 20 years differed with the minister’s position over the matter. “The...
(Voice of America 06/11/13)
Kenyan civil society groups plan to protest Tuesday against the decision by members of parliament (MPs) to increase their own salaries. Maurice Odhiambo, president of the National Civil Society Congress, says the protest is designed to pressure MPs to cancel their pay increase, which he says violates the constitution. The legislators voted unanimously to increase their salaries, 130 times the legal minimum wage. “We will be mobilizing as many Kenyans as possible to go outside parliament. It will be a peaceful protest,” said Odhiambo. “If we let members of parliament have their way, then it will be one way of clearly undermining the constitution. “We will also hold discussions with members of the public, in which case we are going...
(Standard Digital 06/11/13)
Nairobi Governor Evans Kidero has banned scrap metal trade and ordered the County licensing department to revoke monthly trade licenses issued to businesses. Dr Kidero at the same directed a thorough scrutiny on all the business premises since this has led to massive vandalism of electric cables, lamp posts and guard rails along roads. “ No more trade licenses will be issued henceforth,” stated Kidero. He added, “I am ordering all my licensing staff with immediate effect to revoke all the trade licenses and embark on a thorough audit of all the firms and individuals trading in scrap metal businesses to avert the massive vandalism within the County.” He at the same time stressed the importance of security in the...
(Standard Digital 06/11/13)
Nairobi, Kenya: President Uhuru Kenyatta has issued a fresh order to police to immediately arrest and deport foreigners suspected of engaging in drug trafficking, saying time for action is now. Speaking yesterday during a conference organised by the National Authority for Campaign against Alcohol and Drug Abuse (NACADA), Uhuru said the time for talk without action has ended and decisive action is needed to fight the vice before situation gets out of hand. The President expressed frustration the fight against drug and alcohol abuse has been too much of talk and short on action saying he will no longer tolerate that. He warned County Commissioners that they will lose their jobs if they don’t fight drug and alcohol abuse in...
(Ethiopian Radio and Television Agency 06/11/13)
Kenya will graduate next week a military unit trained to handle chemical and biological weapons in an effort to boost the country's counter-terrorism abilities, Kenya's Daily Nation reported on Monday. "Through the support of the US government, Kenya has made a stride in training a military unit, for the first time in Africa, capable of handling chemical and biological weapons, which have become a terrorism threat," said Colonel Isaac Muchendu, director of the Kenya Rapid Deployment Exercise. Trainees include members of the Africa Standby Force, an African Union force that remains prepared to intervene in the event of large-scale violence.
(Standard Digital 06/10/13)
President Uhuru Kenyatta has introduced changes in the management of State affairs that differs radically from those of his predecessors, including his father. Among them is the shifting of his key presidential functions to stations outside Nairobi. Taking prominence is Sagana State Lodge, where Kenyatta recently met Somali Prime Minister Abdi Farah Shirdon. Sources close to the presidency say youthful Uhuru plans to turn Sagana Lodge into Kenya’s version of America’s Camp David, popularized by presidents in the United States of America as a working-cum-holiday retreat. Uhuru received his university education in America. The head of Presidential Press Service Isaiah Kabira explained Sagana State Lodge’s importance to the head of Sate’s work arrangement: “I think he will be working from...
(Standard Digital 06/10/13)
His assailants are also suspected to have attempted to steal from women who were heading to a market in the town yesterday morning. Murang’a South Deputy OCPD Benson Musingi said they were yet to establish the motive of the murder but that the crime scene indicated there might have been a struggle. In Nyahururu, Nyandarua County, police at the weekend netted 30 suspects amid complaints from the public following several house breaking incidents. They also recovered various household items stolen from a prison warder’s house. Alphonse Njenga had lost his uniforms, boots and swagger canes together with his furniture, bedding and electronic equipment. “Sixteen among them have so far been directly linked with crime while we are still investigating the...
(Standard Digital 06/10/13)
The report handed to the Budget and Appropriations Committee of Parliament gives a breakdown of financial benefits of buying a 14-seater Cessna 2008B Grand Caravan as opposed to hiring one for accessing remote areas. The judiciary says it intends to own an aircraft to cut on the costs of hiring for flights to remote stations that are not accessible by road. Further the judiciary intends to use the aircraft to generate revenue which would then subsidize the operational costs.Ha€œIf purchased, the aircraft will be used as a tool to enhance service delivery and at the same time will be used as a source of revenue,€ the report says. The financial analysis estimates that in five years the judiciary would spend...

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