Salim Mvurya

30 Aug

Mvurya and Mbadi Open 24th ESAAMLG Council of Ministers Meeting in Diani

Reporter0 CommentsNewsJohn Mbadi, Money Laundering, Salim Mvurya

Trade Cabinet Secretary Salim Mvurya and Treasury Cabinet Secretary John Mbadi have officially opened the 24th Council of Ministers Meeting of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) in Diani, Kwale County. The meeting brings together ministers from 21 member states to discuss laws and regulations aimed at combating money laundering, terrorist financing, and proliferation financing in the region. ESAAMLG, a regional body dedicated to implementing the Financial Action Task Force (FATF) global standards, convened to deliberate on critical strategies to address financial crimes. The conference is seen as timely, especially as Kenya and the broader African continent…

21 Aug

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

Reporter0 CommentsBusinessIndustry, Investments, Salim Mvurya, Trade

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…