Next on NTV Kenya's #BusinessRedefined , the retail rush in Kenya's banking sector & why even traditionally corporate & investment focused lenders are now going downstream for retail.
One on one with Musyoka Moses Muthui

Abu Dhabi Developmental Holding Company, ADQ, to explore investments to the tune of US$500.0M in Kenya following agreement with the National Treasury.

ADQ has interests in energy & utilities, food & agriculture, transport & logistics, tourism & hospitality, financial services, &

Developments in Nairobi:
· County government halts of all pending building approvals, says review of those ongoing to be undertaken with immediate effect
· County government halts all excavation on construction sites

At the launch of Japanese car auction, Jumbo Africa Auto Auction SEZ Limited, this morning, President William Ruto has said buyers will use the Kes, not US$

Just days before the April 30th sunset date for submission of the Finance Bill to the National Assembly, the Public Finance Management Act has been amended deleting Sections 40(3) & 40(4).

I think it's a welcome clean up & alignment with Sec39A of the Act regarding April 30th.

Employers take note.

The Industrial Training Act has been amended & the date for remitting the Training Levy will now be the 9th day of the month & not the 5th day.

Occupational licensing in Kenya is becoming a big joke. Cartelization as regulation. 👇🏾

There's an interesting bill in the National Assembly called The Agricultural Professionals Registration & Licensing Bill, 2024.

The bill provides that:

· One shall not engage in private practise as an agricultural professional unless they are registered by the board that will

Superficial.

Substantial reforms needed, ... the pain points obvious for all to see... No amount of band aid nor window dressing will help!

Kenya's cabinet has approved revised guidelines on the terms & conditions of service for board members and staff of State Corporations
2 things:
· The revised guidelines provide salary bands & allowances for CEOs, board members, Vice-Chancellors, Chancellors and members of

Julians Amboko An important decision and to my mind absolutely right. Time limits are in the law for a reason and should not be abused

Cellnet Ltd vs Commissioner for Domestic Taxes

An important reminder on Sec29 of the Tax Procedures Act & the 5 years assessment cap prescribed by law.

My story via link below

businessdailyafrica.com/bd/corporate/c…

From Julians Amboko analysis on the matter, the excitement is palpable, and even infectious, in restoring faith in out justice system that doesn't often get uncontested praise from the court of public opinion.

It's definite a win for the Taxpayer!

businessdailyafrica.com/bd/corporate/c…

Mambo ya Mungu ni mengi Julians Amboko Let mtumishi Christina shusho atuhudumie.

Whether be design or chance, this song is being released just about the time Finance Bill 2024 should be out (April 30th is the sunset date by law).

This week on NTV Kenya's #BusinessRedefined , prospects for Africa's economy in 2024:
1. Debt distress, global market access & looming risks from tensions in the Middle East
2. East Africa as an outperformer (200.0bps above SSA), what are the drivers?
3. Inflation, foreign

Creditors of Savannah Cement met on Wednesday

The county government of Nairobi has revoked gazette Notice No.2124/2024 & issued a new gazette notice No.4653/2024.

Here's the import of this development:

· The waiver on 2023/24 fees & charges granted to outlets registered as 'bars & restaurants' has been widened to include