Author: Muindi

The United States government, through USAID’s Economic Recovery and Reform Activity (ERRA) program, has awarded a $2 million grant to the Eastern Africa Grain Council (EAGC).  This funding will strengthen the competitiveness of export-oriented staple food value chains in East Africa, specifically benefiting Kenya, Tanzania, and Uganda. Through the five-year ERRA US$75 million program, USAID and TMA are driving transformative trade and investment reforms in the East and Horn of Africa to create jobs in the staple crops and textiles sectors, especially for women and youth. A core part of this is to increase the ability of grain producers to export both regionally and to the rest of…

The Federation of Kenya Employers (FKE) has advised its members not to comply with the housing levy until the legal dispute is resolved. The Court of Appeal rejected the government’s attempt to reinstate the housing levy, which was declared unconstitutional by the High Court.  The levy would require employers to deduct 1.5% of their employees’ salaries to fund the affordable housing plan.  “In light of the court order, we advise our members not to deduct the levy unless the Court of Appeal rules otherwise after the hearing of the substantive appeal, or in the alternative, should the government challenge the…

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…