Author: Muindi

Kenya plans to scrap the Betting Control and Licensing Board (BCLB) and replace it with a National Lottery if proposals by the Presidential Taskforce are adopted. The draft National Gambling Policy, National Gambling Control Bill, and National Lottery Bill contain a proposal to scrap BCLB. In addition, a Gambling Regulatory Authority will take over from BCLB in the changes that will replace the Betting Lotteries and Gaming Act of 1966. https://twitter.com/MwangoCapital/status/1640220047024050177?s=20 “The sector has for decades been frowned upon as a space that encourages certain immoralities and is tainted with ethical and moral concerns. The proposed policy and legal framework…

Air France plans to add substantially more flights by June 2013, the airline said as it celebrates its fifth anniversary. “Air France has been here for five years, and despite hard times like the Covid-19 period, it is a clear sign that we are here to stay,” General Manager Marius van der Ham said. As of 12 June 2023, Jomo Kenyatta International Airport will receive non-stop service in both directions, with one daily flight to/from Paris-Charles de Gaulle from the current six flights a week. The flights will be operated by a Boeing 787-9. Air France resumed its flights to Kenya…

The Ugandan government is discussing direct flights between Entebbe and Kigali International Airports with Rwanda to ease the movement of goods and people. Uganda’s Minister of Foreign Affairs, JeJe Odongo revealed this during the eleventh Rwanda-Uganda Joint Permanent Commission (JPC) held in Kigali. “Uganda welcomes the acceptance of the designation of our national carrier, Uganda Airlines by Rwandan authorities which will lead to its commencing of direct flights from Entebbe to Kigali,” Odongo said: “This will further boost trade, enhance connectivity, and contribute to strengthening people-to-people exchanges,” Odongo said. https://twitter.com/GenJejeOdongo/status/1639258183024746501?s=20 https://twitter.com/RwandaMFA/status/1639246245410533377?s=20 However, it is still being determined when the Ugandan…

The Energy and Petroleum Regulatory Authority (Epra) has increased base power prices for those consuming less than 30 units by 22.2% to KSh12.22 per unit from KSh10. In addition, customers consuming more than 100 units of electricity will now pay KSh20.97 per unit, up from KSh15.8 currently, a 32% increase. To meet the social policy objective, the Lifeline Tariff band has been reduced from 100 kilowatt hours (kWh) per month to 30 kWh, to cushion and address the needs of low-income households in society, EPRA said. “Accordingly, these consumers will be cross-subsidised by the other consumer categories in order to…

The Nairobi City County Alcoholic Drinks Control and Licensing Board has announced designated commercial areas within the city to license and operate nightclubs.  The move comes after Governor Johnson Sakaja directed the county to address the issue of noise pollution in residential areas caused by nightclubs.  The proposed areas include Tom Mboya Street, Moi Avenue, Kenyatta Venue, University Way, Koinange Street, Nairobi River, Haile Selassie, Uhuru Highway, River Road, and Harry Thuku Road in the Central Business District.  Others are Landhies Road, Factory Street, Workshop Road, Bunyala Road, Uhuru Highway, Commercial Street, Enterprise Road, Lungalunga Road, Makadara Railway, Viwandani, Enterprise…

Chief Executives in East Africa have reported a bullish economic outlook for the next 12 months, with 60% expecting an improvement in 2023, a survey said on Wednesday.  The sentiments are in contrast to their global counterparts who believe that there will be a decline in economic growth in their countries.,  According to PwC’s 26th Annual Global CEO Survey, this optimism may be driven by the strong economic growth recorded in the region in 2021, which was underpinned by sustained public spending on flagship infrastructure projects. The survey polled 4,410 CEOs in 105 countries between October and November 2022; 138 CEOs from…