Author: Khusoko

Applications are now being accepted for the 2019 BAKE Awards 2019 by the Bloggers Association of Kenya (BAKE), an annual competition that has helped recognise and celebrates outstanding bloggers in different categories. “This year we have introduced one new category: Podcast, bringing the number of categories to 24. The rule that makes three-time (or more) winners in the competition ineligible to compete, still stand,” James Wamathai, Director, Partnerships at BAKE said in the announcement. Other categories include: 1. Technology Blog 2. Photography Blog 3. Creative Writing Blog 4. Business Blog 5. Food Blog 6. Environmental Blog 7. Fashion and Style Blog…

The National Hospital Insurance Fund (NHIF) has unveiled a joint partnership to enhance access to a crucial drug for local prostate cancer patients. The partnership will see Janssen one of the pharmaceutical companies of Johnson &Johnson, make one of its innovative medicines used for the treatment of advanced prostate cancer available at a subsidized rate for NHIF members The Janssen Kenya Prostate cancer program in conjunction with Axios International, a specialized healthcare access company, will provide significant cost savings to NHIF members, and seeks to support efforts by NHIF to adopt new low-cost service delivery models by embracing public-private partnerships…

The Africa Union Commission on Sunday unveiled the statue of Ethiopia’s Emperor Haile Selassie I build in the AU headquarters compound in Addis Ababa in recognition of his role for the realization of the Organization of African Union (OAU) in 1963. https://twitter.com/EmmanuelIgunza/status/1094563599828377601 The statue was unveiled by Chairperson of African Union Commission Moussa Faki Mahamat, Ethiopia’s Prime Minister Abiy Ahmed, Ghana’s President Nana Addo Dankwa Akufo Addo, Rwanda’s President Paul Kagame, the outgoing chairperson of African Union (AU). The unveiling ceremony of the statue was attended by Heads of State and Government attending the 32nd Ordinary Session of the Assembly…

Safaricom Foundation, Kenya’s largest corporate foundation, is investing over Ksh 130 million that will benefit over 3,000 youth from ICT enabled Technical Vocational Education and Training (TVET)  centres across the country over the next two years. “The programme will focus on entry-level training for four key areas within the construction industry namely welding, plumbing and electrical engineering. The funds will be used for student’s fees, teacher training, setting up smart classrooms and construction of state of the art workshops” said Stephen Chege, Trustee, Safaricom Foundation. https://twitter.com/SafaricomFDN/status/1093803930793009152 The pilot phase of the programme will be implemented at the Waithaka Technical Training…

Treasury Bills floated Wednesday by the Central Bank of Kenya were oversubscribed by 555.0%, driven by the 2-year bond, which attracted bids worth Ksh 50.2 bn out of the Ksh 66.6 bn bids received for the reopened 2-year (FXD1/2019/2) and 15-year (FXD1/2019/15). The yields came in at 10.3% and 12.8% for the 2-year and 15-year bonds, respectively. The government accepted Ksh 23.4 bn out of the Kshs 66.6 bn worth of bids received against Kshs 12.0 bn on offer. Cytonn Investments said this “Translates to an acceptance rate of 35.2%, indicating that bids were largely not within ranges the CBK…

Kenya’s Director of Public Prosecutions (DPP) has formed a  team to review files after DCI recommended charges against 5 local banks and officials who benefitted from KSh8bn in NYS II scandal. “I have constituted a team of senior prosecutors to independently review the respective investigation files and make recommendations within 14 days,” said Noordin Haji, Directo of Public Prosecutions. The banks in question include Standard Charted Bank, Kenya Commercial Bank, Equity Bank, Diamond Trust Bank, and Cooperative Bank  with “Regard to suspected violation of legislation that govern banks and provisions of the proceeds of Crime and Anti-money Laundering Act no,9 of…