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Kenya
- Kenya has already enlisted over 107,831 community health workers through the Ministry of Health.
- The target cohort of 25,000 will be trained in the first phase, according to the Resilient and Empowered African Community Health (REACH) initiative.
- REACH will be implemented in phases, aiming to boost skills of the 107,831 community health workers employed by the Government.
Kenya has launched a community health initiative supported by the African Union geared to boosting primary health care at the grassroots, targeting under-served populations.
The programme, under the auspices of the African Union (AU) Member States, is known as Resilient and Empowered African Community Health (REACH) and is geared towards increasing Community Health Workers (CHWs) to over two million in the continent by 2029.
Under the first phase of the initiative, over 25,000 CHWs newly recruited in Kenya will be trained on community health and on the use of Community Health Promotion (CHP) …
On July 1, 2023, Kenya’s government announced a milestone change in the taxation setting by increasing the existing 7.5% tax to 12.5%.
Recent History of Kenya’s Stake Taxation
Njuguna Ndungu, National Treasury Cabinet Secretary, explained that the financial maneuver focuses on fighting against underage betting among Kenyan students. He also spent a speech on the addictiveness of gaming and betting and their detrimental social consequences on families and, in general, on the country’s youth. This stake tax decision has been controversial for the government, which decided to double the tax rate from 10% to 20% in 2019.
On the other hand, this decision provoked a decrease in tax revenue, partially resulting from a market exit trend. Thus, the National Treasury CS Ukur Yatani reintroduced the tax in 2021. The same year, the government fixed the excise duty at 20% of the income from stakes and betting activities.
However, the Finance …
Safaricom has partnered with the Kenya Water Institute (KEWI) to deploy Smart Water System in the water sector. Through the partnership, Safaricom will deploy the system at the KEWI’s Nairobi and Kitui campuses to facilitate practical training. The giant telco will additionally co-create and run a Smart Water Management curriculum for students at the institution.…
- Mars Wrigley plans to roll out a fresh entrepreneurial initiative in Tanzania in 2024 and Rwanda, in 2025.
- The programme has already registered great strides in Kenya where it has been running since 2013, benefiting 1,600 traders, including 700 women.
- Wrigley now says it will recruit another 1,000 entrepreneurs in Kenya before the end of the year, bringing the total to 2,600.
Mars Wrigley, the world’s leading manufacturer of chocolate and chewing gum, has revealed plans to expand its entrepreneurial programme into Tanzania and Rwanda in regional expansion drive. As part of the company’s innovative distribution model, the Maua programme targets low-income consumer market in the region.
Speaking at the company’s factory and head office in Machakos County, Kenya, during at a ceremony to mark the tenth anniversary of Maua, Mars Wrigley General Manager, Sub-Saharan Africa, Ismael Bello said the company will roll out the initiative in Tanzania in 2024 …
- Dr Kamau Thugge, who is President Ruto’s advisor on fiscal affairs, is set to take over from Dr Patrick Njoroge.
- Previously, Dr Thugge served as the Permanent Secretary at Kenya’s National Treasury between 2013 and 2019.
- Prior to his nomination as Principal Secretary, he worked as a senior economic adviser in the Ministry of Finance since 2010.
President William Ruto has nominated former IMF economist Dr Kamau Thugge for appointment to head the Central Bank of Kenya. Dr Ruto picked Dr Thugge out of a list of six candidates who were interviewed on May 9th for the job that helps define Kenya’s fiscal policy.
Dr Thugge is not a stranger at Kenya’s financial industry. For close to 10 years, between 2013 and 2019, he served as the Principal Secretary, National Treasury under former President Uhuru Kenyatta. He was, however, hounded out of office over allegations of corruption. The scandal, which …
- Grey’s expansion in the East African Market follows $2 million seed funding of the West African company.
- Grey CEO AIdorenyin Obong says the Kenya office will help the firm navigate its planned operations across East African Community.
- The company has also privately launched Grey Business, a borderless business banking for startups.
Nigerian Fintech startup Grey has picked Kenya as its East African hub as it expands operations into the largest economy in the East African Community. The move follows $2 million seed funding the West African company raised as it eyes Uganda and Rwanda in the near future.
Already, the firm’s platform is live in Tanzania and Kenya with over 300,000 users. Grey CEO AIdorenyin Obong says opening offices in Kenya will help the firm navigate the markets in the East African Community.
“Kenya’s Diaspora remittance is very vibrant as remittance inflows to Kenya have increased tenfold in the last …
- According to their announcements, Germany would take professionals, skilled worked and semi-skilled Kenyans.
- German has promised to fund, extend and modernize the country’s TVET institutions and centres of excellence from levels three to seven.
- They will create a framework for linking Kenyan Technical and Vocational Training (TVET) colleges with chosen TVET colleges in Germany.
Kenya and Germany struck a deal to increase the rate of International Jobs in Africa. According to reports, Germany agreed to allow Kenyans to fill 250,00 unfilled positions to help both countries with their impending unemployment rate.
Due to this partnership, Kenya cannot deal with its corrosive low employment rate, significantly dragging its economy down.
Kenya’s History with low job rates
It is common to hear the wails of Kenyan Youths when t comes to their country’s employment rate. These days most individuals turn to entrepreneurship to sustain their livelihood while “tarmacking” the town streets to …
- The three-year $3 billion programme will support viable trade and related investments in Kenya in both private and public sectors.
- It will be implemented using loans, guarantee facilities, trade services, investment banking and advisory services.
- The financing will also go to the creative arts sector through the Kenyan government’s youth empowerment programme.
The Afreximbank is rolling out a $3 billion program aimed at spurring Kenya’s economic growth. The three-year programme by the African Export-Import Bank will support viable trade and trade-related investments in Kenya’s private and public sectors.
The financing will be implemented using several instruments including loans, guarantee facilities, trade services, investment banking and advisory services.
The memorandum was signed on 2 May 2023 in Nairobi by National Treasury Cabinet Secretary Professor Njuguna Ndungu alongside Afreximbank Chairman Professor Benedict Oramah in the presence of President William Ruto.
Digitise government services
“This programme is a step forward in our economic …
- High inflation due to rising fuel and food costs hurt business confidence in April.
- Stanbic Bank’s Purchasing Manager Index (PMI) shows output and new orders declined sharply.
- Downturn was led by manufacturing and services, contrasting with expansions in agriculture, construction, wholesale and retail.
Kenya’s business confidence dipped to the lowest levels on record in April, the latest PMI survey shows. During the period, high inflation and political unrest led to a sharp fall in customer demand ruffling business confidence.
Activity levels and input purchases also fell sharply, but employment numbers continued to rise, the Purchasing Managers’ Index indicates. On a positive note, input cost pressures showed further signs of having peaked, dropping to their lowest recorded in 2023 so far, though remaining steep.
The headline figure derived from the survey by Stanbic Bank Kenya is the PMI. Readings above 50 signal an improvement in business conditions on the previous month, …
