Author: David Indeje

The Competition Tribunal has ordered Carrefour Supermarket to amend all current supply agreements within 60 days for Buyer Power. The Tribunal wants the retailer to amend requirements in its contracts that require suppliers to pay a listing fee, unfair delisting of suppliers, and rebates to the retailer. At the same time, Carrefour has been ordered to pay Ksh 545,106 to Orchards Limited for the termination of the contract to supply yoghurt. “All current supply agreements of the appellant relating to its Carrefour Hypermarkets in Kenya be amended forthwith within sixty days of service of the order to expunge all offending…

MultiChoice Kenya has donated Personal Protective Equipment (PPE) worth KSh2.3 million to the Ministry of Health. The video entertainment brand said that the donation is meant for people in high-risk areas and those at the frontline in support of the fight against the coronavirus pandemic. “At MultiChoice Kenya, we recognize that co-operation and solidarity are important from each one of us at individual and collective levels alike. We, therefore, come here today, to commit our solemn support towards the COVID-19 pandemic fight in Kenya. Our support today comes in the form of Personal Protective Equipment constituting a total of 12,000…

Kenya’s diaspora remittances inflows rose in March to $290.8 million (KSh31.15 billion) representing a 27.1 per cent increase compared to a similar period last year. The growth surpassed February‘s inflows of  $260.2 million (KSh28.6 billion) to the country. Central Bank of Kenya reiterated that remittance inflows continue to provide a stable source of foreign exchange for Kenya and key support for many households, totalling $3.09 billion (KSh330.6 billion) in 2020. Moreover, the US remains the largest source of these inflows, accounting for 55.9 per cent of remittances in March 2021.  Kenyans in the North American region sent home $177.4 million…

ARTICLE 19 Eastern Africa, the Kenya ICT Action Network (KICTANet) and Pollicy on Wednesday slammed Uganda and Kenya for human rights violations and abuses against their citizens in the wake of the coronavirus pandemic in 2020.  In a joint statement, the rights to privacy, data protection and freedom of expression were interfered with, infringed upon and violated in both countries, This was in reference to their newly launched report “Surveillance, Data Protection and Freedom of Expression in Kenya and Uganda during COVID-19,” which examines government and private sector surveillance measures and practices during the first year of the coronavirus pandemic…

The Kenya Revenue Authority (KRA) on Tuesday said it is going to appeal High Court conservatory orders to temporarily suspend the implementation of the Minimum Tax pending the hearing and determination of the Petition. The case was filed by the Kitengela Bar Owners Association against the National Assembly, KRA and the Attorney General. A similar suit was filed in March by the Kenya Association of Manufacturers (KAM), Retailers Association of Kenya (RAK) and Kenya Flower Council (KFC) in Nairobi. KRA in a statement seen by Khusoko, sought an early hearing date and the court has agreed to hear and determine…

Coca-Cola Beverages Africa (CCBA) says it plans to list its shares in the Amsterdam and Johannesburg Stock Exchanges through an initial public offering in the next 18 months. In a statement, the beverages company said the listing in line with Coca-Cola Company’s objective of focusing its resources on building consumer-loved brands and innovation. “The IPO will allow CCBA to operate as an independent, Africa-focused, South African-headquartered, managed and domiciled business,” the statement reads. Coca-Cola will use one of the world’s largest independent financial advisory companies, Rothschild & Co., as the adviser for the initial public offer. Bruno Pietracci, Africa &…