Author: Muindi

Kenya’s Court of Appeal has upheld a High Court ruling that declared the government’s housing levy unconstitutional.  The appellate court’s decision means that the deduction of the housing levy from Kenyans’ salaries remains suspended. The government had argued that the suspension of the levy would lead to a budgetary crisis and job losses.  However, the appellate judges ruled that the public interest lies in allowing the appeals against the High Court ruling to be heard first.  “This is because if the stay sought is granted at the stage, should we affirm the challenged decision, then some far-reaching decisions that will…

Schneider Electric, a global leader in energy management solutions, has donated vital electrical training equipment to Don Bosco Kakuma, a school within the Kakuma Refugee Camp in Kenya. This generous contribution will empower students with the skills and knowledge they need to become qualified electricians. The donated equipment includes: Drives Professional low-voltage switchboard for training in installing, maintaining, and upgrading various circuit breakers Electrical fault locating kits Short-circuit protection and earth leakage equipment for training on safety systems against electrocution Hands-on learning materials are directly applicable to real-world scenarios. This donation will provide 2,000+ students at Don Bosco Kakuma with the opportunity to gain valuable technical skills and prepare for successful careers in the electrical…

Augustino Kirimi Mutea, an Embu County businessman, became the first winner of a KES 1 million cash prize in Absa Bank Kenya’s ongoing “Shinda Milli na Absa Assist” campaign. This marks a significant milestone for the initiative, celebrating Absa’s role as the Premier League’s official banking partner in Africa. Mutea, an owner of an eatery in Embu Town, expressed disbelief and joy upon receiving the news after starting to deposit funds through the Absa Digital Account. “Winning the KES 1 million prize feels surreal,” he exclaimed. “This is an incredible way to kick off the new year.” Augustino Mutea, a…

Equity empowers its customers with seamless, secure, and swift international money transfers in today’s interconnected world. Through strategic partnerships with MoneyGram, Western Union, and others, you can send and receive money from anywhere in the world. Empowering Families and Businesses  Imagine a scenario where a son or daughter working in the USA wishes to send a cash gift to their parents in Kenya through Equity’s International Money Transfer Solutions. The convenience and reliability of accessing the funds through Equity’s expansive branch network make the process remarkably straightforward. The parents only need to walk into any Equity branch near them to…

The Kenyan diaspora sent home 4.19 billion U.S. dollars in 2023, a 4% increase over the 4.028 billion dollars received in 2022, according to the Central Bank of Kenya (CBK). This steady flow makes remittances one of the country’s biggest sources of foreign exchange, alongside exports like horticulture, tea, and tourism. The United States remained the top source of remittances, contributing 56% in 2023. This helped propel Kenya to third place in Africa for diaspora remittance inflows, according to the World Bank’s “Leveraging Diaspora Finances for Private Capital Mobilisation” report. Nigeria led the continent with 3.2 trillion Kenyan shillings (20.5…

Absa Kenya and Safaricom are among 14 companies in Kenya that have been ranked as top employers of choice in Africa for 2024 in a report released by The Top Employers Institute programme. The TEI programme certifies organisations based on the participation and results of their HR Best Practices Survey. This survey covers 20 topics in six HR domains: People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion and Employee Wellbeing. Top Employers Institute CEO David Plink says: “Exceptional times bring out the best in people and organisations. These employers have always shown that they care for the development…