The Kenyan passport now ranks eighth in Africa and 71 globally on the Henley Passport Index, the London-based global citizenship and residence advisory firm, said. It released the rankings for the year 2022, based on exclusive data provided by the International Air Transport Association. In the report, the passport mobility score improved six places enabling Kenyans to visit without a visa or obtain it on arrival increasing to 72 from 64 in January 2021. Kenyan passport 8th most powerful in Africa In Africa, Kenya maintained eighth, a spot that is shared with Tanzania and behind Mauritius, Botswana, eSwatini, Lesotho, Malawi,…
Author: David Indeje
Audit firm PKF Consulting Ltd has put up the sale of the entire Britania Foods Limited, Kenya’s food and beverage Company business to clear debts owed to its suppliers. In a notice published in the dailies, Peter Kahi, the Administrator of the company says the Biscuit manufacturing plant has leasehold plots comprising 3.28 acres. The plant has well-constructed factory buildings with its raw materials/ chemicals available locally. “Offers will be considered for the business as a whole as a going concern,” the notice said on the basis of sale. “Offers are invited by not later than Friday 28 January 2022.”…
PAPSS was piloted in Nigeria, the Gambia, Sierra Leone, Liberia, Ghana and Guinea.
Telkom Kenya has launched an app for its mobile money product, T-Kash, an easy-to-use application that will enable its customers to access a wider service offering on its digital financial services platform. The T-Kash App can be downloaded from the Google Play Store, the Huawei App Store, as well as the Apple Store, which is a strategic addition through which Telkom customers will access T-Kash. Customers currently access T-Kash via USSD code *160#. “The launch of the T-Kash App is the culmination of extensive research on evolving customer trends, anchored on the need for simplicity, security, availability, and diversified service…
The Kenyan High Court on Wednesday suspended the planned increment of premiums for motor vehicle insurance by up to 50 per cent. The increase was to affect Motor Vehicle Third Party Cover and the Comprehensive Cover starting the year 2022. Justice James Makau in his directive said the petition filed by Kenya Human Rights Commission (KHRC) is heard and determined. “I have considered the petitioners’ grounds in support of the application and oral submissions by both parties upon careful evaluation of the same, I find that the petitioner has demonstrated a prima facie case with a likelihood of success,” the…
Centum Real Estate Limited on Tuesday said it has signed an agreement with private alternative asset group, GEM Global Yield LLC, to provide a common share subscription facility of up to KShs 17 billion for a 36-month term The wholly-owned subsidiary of Centum Investment company also said it plans to list at the Nairobi Securities Exchange (NSE) and the agreement with GEM underwrites the listing process. According to Centum Real Estate, if the Ksh 17 billion will be utilised efficiently, it will equal the purchase of significant minority shares. “The share subscription facility will allow Centum Re to draw down…

