Saturday, February 1, 2020

President moves to reassert himself in Mt Kenya backyard

Standard Team 
President Uhuru Kenyatta with Agriculture CS Peter Munya, Governor Francis Kimemia (right) at Ol Kalau in Nyandarua County yesterday. [Kipsang Joseph, Standard]
President Uhuru Kenyatta yesterday visited Nyandarua County in what was seen as a mission to

IMF reveals Sh153bn asset base of non-deposit saccos

Ekeza Sacco Ekeza Sacco members line up for verification during a special general meeting at Kasarani last February. FILE PHOTO | NMG 
OTIATO GUGUYU

Summary

    • An IMF technical team that was in Nairobi in August 2019 was also able to find out that they had given out loans of up to Sh118.22 billion and had taken up deposits of up to Sh117.50 billion.
    • Treasury data shows that as at the end of June 2018, Saccos regulated by Sasra held Sh766 billion in assets.
    • Previous IMF missions in 2015 and 2016 discussed the possibility of including non-deposit taking Saccos in monetary data.

Blow to Kenyan farmers as agency bans avocado export

A farmer inspects avocadoes he grows.
Michael Wang’ombe inspecting his avocado farm at Turi in Elburgon, Nakuru County, on January 31, 2020. The Agriculture and food Authority has suspended export of the fruit. PHOTO | FRANCIS MUREITHI | NATION MEDIA GROUP 

Sick and tired of pain, Kenyans fly out to procure aided suicide


medically-assisted suicide
Hands of a nurse administering an injection. Medically-assisted suicide is not legal in Kenya. FILE PHOTO 

Tanzania Revenue Authority, Zambian Counterpart Ink Trade Pact


Tunduma — Tanzania Revenue Authority (TRA) and its Zambian counterpart yesterday signed an agreement to simplify trade at the...

Tanzania: JPM's Pledge On Polls Delights Us


THE United States of America says it is encouraged by President John Magufuli's recent assurance to stakeholders that the 2020 general elections will be...

South Africa takes AU chair with huge task of silencing guns


Illegal weapons
A Kenyan security officer stands guard during the destruction of weapons recovered from criminals. FILE PHOTO | NMG