Author: David Indeje

The Kenyan High Court has adjourned its ruling on a suit that seeks to decriminalise homosexuality to May 23, 2019. Judge present said the adjournment was as a result of administrative challenges and full dockets that made them unable to decide on the Repeal of section 162 case over decriminalizing gay sex. Justice Chacha Mwita said, “We have had a few challenges, one of our colleagues is still on leave the other one is outside Nairobi while two of us are involved in other benches of more than three judges. It is not an easy task to bring the three…

Local pensions manager Enwealth has started operations in Uganda after being licensed by Uganda Retirement Benefits Regulatory Authority (URBRA). Enwealth joins the growing number of other Kenyan financial services sector players including banks and insurance companies that have established solid presence across all the markets in East Africa in a bid to grow their revenues and profitability. where the firm plans to tap into the underserved small and medium enterprises (SME) sector. “We have keenly observed the Pension industry in Uganda growing steadily under a strong regulatory regime. We are therefore excited to introduce innovative, ICT driven retirement products and…

Three Kenyan startups clinched the coveted 2019 Sankalp Africa Award out of the final five. Kwangu-Kwako, a social enterprise that builds safer, healthier homes for families in informal settlements in Kenya emerged the overall winner. Kwangu-Kwako is named from the Swahili for ‘My place, your place’. Winnie Gitau, the co-founder of the startup said the modular houses are built from reinforced precast concrete panels made by local artisans within the target community, providing sustainable livelihoods to those most in need. https://twitter.com/kwangu_kwako/status/1098506262965374976 “We are looking for $500,000 to scale up the business because at the moment we have built 33 homes with 40…

Kenya has a 6% gender gap when it comes to mobile and mobile internet penetration with men at 90% and women at 82% a new report by GSM Association (GSMA) said on Wednesday. The report also shows that the gender gap in mobile spending in Kenya is at 46%. The awareness of mobile internet among men and women in Kenya stands at women 62% and men 78%. “We are seeing significantly increased mobile access for women. However, in an increasingly connected world, women are still being left behind,” Mats Granryd, Director General, GSMA, said in a statement. According to GSMA’s…

The Capital Markets Authority (CMA), Nairobi Securities Exchange and program partners on Wednesday launched the Green Bonds issuance rules and guidelines aligned to its 2014-2023 master plan to deepen and broaden Kenya’s capital markets. The guidelines include the listing rules incorporating listing requirements for Green Bonds and a Policy Guidance Note (PGN) on the issuance of Green Bonds in Kenya. Speaking at the launch of the rules, CMA Chief Paul Muthaura stated that the green bond rules are a significant step in furthering the complementary efforts of the government, regulators and the financial services industry to direct financial capital to…

Premier Training Services Ltd, in collaboration with Six Seconds, the Wangari Maathai Foundation, and the Vale School, Muthaiga, are hosting the first-ever Emotional Intelligence (EQ4Africa) Conference in Nairobi. The conference is dedicated to empowering leaders with emotional intelligence skills. Mucha Mlingo, an Emotional Intelligence Expert based in Kenya, spoke about the conference and its importance. “Emotional Intelligence is a powerful tool that can empower people of all ages to be courageous leaders. Emotions drive people and people drive performance. It is therefore imperative to focus on this ‘soft’ side because it ultimately drives bottom-line results,” she said. https://twitter.com/PTSAfrica/status/1097777380142256128?s=20 Emotional Intelligence…