AG to facilitate transfer of all devolved functions to county governments

President William Ruto has said budgets and resources for devolved functions currently held by ministries and State departments will be transferred to counties in the next financial year. Speaking on Friday, December 13, during the 11th National and County Governments Co-ordinating Summit, Ruto said the change will be effective Friday, November 20, 2024, with the […]

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Safaricom debuts exhibition to improve growth of SMEs

Safaricom has launched an exhibition to boost the growth of at least 100 small and medium enterprises (SMEs) through tech and innovation. Themed “Accelerating MSMEs Growth through Adoption of Technology and Innovation”, in addition to showcasing market solutions and connecting people for scalable projects, the exhibition promotes collaborative efforts to strengthen SMEs and the broader business […]

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Coca-Cola starts a Christmas caravan

Coca-Cola has launched its 2024 Christmas Caravan Tour, bringing festive cheer and a celebration of kindness to communities across the country. The campaign, inspired by the spirit of Santa Claus, will unite friends, families, and neighbours through unforgettable experiences, exciting rewards, and acts of generosity. Kicking off at Coca-Cola bottling partner, Coca-Cola Beverages Africa’s Embakasi […]

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Seven parliamentary Bills to help accelerate economic transformation

President William Ruto has signed seven parliamentary Bills that seek to accelerate the implementation of the Bottom-Up Economic Transformation Agenda. They are Kenya Revenue Authority (KRA) – amendment – Bill 2024, the Kenya Roads (Amendment) Bill 2024, the Ethics and Anti-Corruption Commission (Amendment) Bill 2024 and the Statutory Instruments (Amendment) Bill 2023. Others are the […]

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Sanlam Kenya plans a Sh3.25bn rights issue

Listed non-bank financial services firm, Sanlam Kenya Plc, is set to improve its financial position after shareholders approved the Sanlam Kenya Rights Issue through which it seeks to raise a Sh3.25 billion. The company’s shareholders attending an Extra-Ordinary General Meeting (EGM) approved the Board of Directors’ request to recapitalise the leading general and life insurance […]

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