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Wycliffe Oparanya Meets National Assembly Speaker Moses Wetangula

Wycliffe Oparanya Meets National Assembly Speaker Moses Wetangula

The newly appointed Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises Development (MSMEs), Hon. Wycliffe Ambetsa Oparanya, paid a courtesy call to National Assembly Speaker Moses Wetangula at Parliament Buildings in Nairobi. The meeting marked an important step in fostering collaboration between the Ministry and the National Assembly to support the government’s legislative agenda. During their discussion, CS Oparanya and Speaker Wetangula explored a wide range of issues related to governance and how the two institutions can work together to ensure the smooth running of government operations. They focused on ways to leverage legislative support to advance the…
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Uganda: Grant of tax waiver to companies queried

Uganda: Grant of tax waiver to companies queried

Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. While appearing before the committee, the State Minister for Finance (General Duties), Hon. Henry Musasizi said the tax waivers will be extended to eight organisations which include academic institutions and business entities. Musasizi was appearing before the committee on Tuesday, 20 August 2024. Among the companies under review by the committee is M/S J2E Investment Corporation Limited which is seeking a tax waiver worth Shs2.718 billion as at 01 December 2023, accounting for interest…
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Comoros Set to Become WTO’s Newest Member as 30-Day Countdown Begins

Comoros Set to Become WTO’s Newest Member as 30-Day Countdown Begins

The 30-day countdown to Comoros's membership in the World Trade Organization (WTO) officially commenced on July 22, 2024, following a significant milestone in the island nation’s economic integration. Ambassador Sultan Chouzour of Comoros handed over the country’s instrument of acceptance for the Protocol of Accession to WTO Director-General Ngozi Okonjo-Iweala during a meeting of the General Council, signaling the final step towards full membership. During the same event, Comoros also submitted its instrument of acceptance for the WTO’s Agreement on Fisheries Subsidies, increasing the total number of acceptances of the Agreement to 82. This dual submission underscores Comoros's commitment to…
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Senior African Union Transition Mission in Somalia (ATMIS) officials conclude visit to Jowhar and Baidoa, pledge to restore peace in Somalia

Senior African Union Transition Mission in Somalia (ATMIS) officials conclude visit to Jowhar and Baidoa, pledge to restore peace in Somalia

The African Union Transition Mission in Somalia (ATMIS) has reiterated its commitment to restoring peace and security in Somalia. During a recent field visit to Jowhar and Baidoa, the administrative capitals of Hirshabelle and South West States, Ambassador Mohamed El-Amine Souef, the Special Representative of the African Union Commission Chairperson (SRCC) for Somalia and Head of ATMIS, along with Lt. Gen. Sam Kavuma ATMIS Force Commander pledged to enhance the capacity of the Somali Security Forces and intensify military offensives against Al-Shabaab. “The African Union will never abandon Somalia and its people in their quest for peace and stability,” said…
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CS Salim Mvurya Issues Warning to Investors Hoarding Licenses in Special Economic Zones

CS Salim Mvurya Issues Warning to Investors Hoarding Licenses in Special Economic Zones

Cabinet Secretary for Investments, Trade, and Industry Salim Mvurya, today delivered a strong message to investors hoarding licenses within Kenya’s Special Economic Zones (SEZs). Speaking during the laying of the foundation stone for the Crystal Frozen and Chilled Foods Limited SEZ in Naivasha, CS Mvurya emphasized the government's firm stance on ensuring timely investment and development within these zones. CS Mvurya warned that investors who fail to commence operations within one year of receiving their licenses will face the revocation of those licenses. He directed the Special Economic Zones Authority to enforce this mandate, making it clear that investors must…
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Kenya’s First Female Attorney General, Dorcas Oduor, Takes Office in Landmark Ceremony

Kenya’s First Female Attorney General, Dorcas Oduor, Takes Office in Landmark Ceremony

Kenya marked a historic moment today as Dorcas Oduor was officially inaugurated as the country’s first female Attorney General in a landmark handover ceremony at Sheria House. The event was officiated by Public Service Cabinet Secretary Justin Muturi, who praised the progress made during his tenure and expressed confidence in Oduor's ability to continue advancing the Office of the Attorney General (OAG). CS Muturi highlighted the significant reforms undertaken during his time in office, including the relocation of State Counsel officers to Pension Towers to improve their working conditions. “From my first day in office, I recognized the need for…
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Kenya Launches Strategic Framework to Green the Justice System

Kenya Launches Strategic Framework to Green the Justice System

The Cabinet Secretary for Environment, Aden Duale, has officially launched the Strategic Guiding Framework for Greening Kenya’s Justice System. Speaking at the launch, Duale emphasized the importance of this initiative in the country’s broader pursuit of sustainable development and environmental stewardship. “It is a great honor and privilege to join you today for the launch of the Strategic Guiding Framework for Greening Kenya’s Justice System,” Duale stated, highlighting the significance of the event as a milestone in Kenya’s national journey towards sustainability. Duale commended the entire justice sector, led by the National Council on the Administration of Justice, for their…
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Uganda’s Flagship Oil and Gas Projects Making Significant Progress

Uganda’s Flagship Oil and Gas Projects Making Significant Progress

Uganda's ambitious oil and gas sector is steadily advancing towards commercial production, following the landmark Final Investment Decision (FID) made in 2022 by joint venture partners—TotalEnergies E&P Uganda, China National Offshore Oil Company (CNOOC) Uganda Ltd, and Uganda National Oil Company (UNOC). This major milestone set in motion several flagship projects in both the upstream and midstream sectors, with a combined investment exceeding US $20 billion. In the upstream sector, Uganda is making strides in both exploration and production. The government continues its efforts to discover new petroleum resources and enhance the existing reserves, which currently stand at 6.5 billion…
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Absa Bank Kenya to expand its Agency Services Network to 17,000 outlets in two years

Absa Bank Kenya to expand its Agency Services Network to 17,000 outlets in two years

Absa Bank Kenya PLC has announced plans to expand its reach with over 17,000 agency service outlets across the country in two years. The first phase of this rollout will see the Bank increase its agency network from the current 600 to over 3000 immediately, with a focus on broadening its presence and enhancing service delivery to the last mile. The project aims to enhance accessibility to essential financial services for individuals and businesses within their localities, offering both existing and non-customers the convenience of conducting cash deposits, withdrawals, and other transactions through third-party outlets. This expansion drive is an…
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National Assembly probes Energy Ministry over sh290 million overfunding in Donor-Funded Project.

National Assembly probes Energy Ministry over sh290 million overfunding in Donor-Funded Project.

The National Assembly Public Accounts Committee (PAC) has initiated an investigation into the circumstances under which the Energy Ministry received an additional Sh290 million from the National Treasury for a donor-funded project. An audit by the Office of the Auditor General flagged the extra budget after it emerged that while the State Department for Energy budgeted for Sh90 million, it received Sh378 million, an overfunding of Sh288 million. In the query, Auditor General Nancy Gathungu cast doubt on management’s explanation that the overfunding was as a result of the project erroneously receiving funds meant for another entity. Members of the…
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