Latest News & Announcements

SH100 MILLION FOR ARTISTS OFFICIALLY LAUNCHED ON MONDAY 11TH MAY 2020

Sports and Culture Cabinet Secretary (CS) Amb Amina Mohammed on Monday officially launched the Sh100 Million stimulus package for artists, actors, and musicians.

Speaking during the launch at the Kenya National Theater, CS Amina Mohammed noted that the Sh100M stimulus package for artistes will run for a period of 3 months from May to July 2020, and will be spearheaded by various state agencies and sports organizations.

UoN LEADS THE OVERALL UNIVERSITY GRADUATE EMPLOYABILITY RANKING IN KENYA

Several Kenyan bosses reportedly prefer the University of Nairobi (UoN) graduates, according to recent research. The research found out that those who passed through UoN had a 38% chance of landing jobs.

Others included Kenyatta University (30%), Technical University (10%), Jomo Kenyatta University of Agriculture and Technology (19%). Egerton and Maseno tied with 18%.

Dubbed "The State of Graduate Employability in Kenya," the study was conducted between November 2019 and January 2020, and undertaken by CPS International.

EMPLOYERS PREFER UoN, KENYATTA UNIVERSITY GRADUATES

The University of Nairobi is the most preferred source of new staff by Kenyan employers, a new study says.

Graduates from the institution have an employability rate of 38 per cent.

Kenyatta University follows at 30 per cent, Moi (25), Jomo Kenyatta University of Agriculture Technology (JKUAT) 19, Egerton (18), Maseno (18) and Technical University at 10 per cent.

The study by CPS International, a marketing and social research firm, surveyed 67 universities and 50 organisations between November and January.

CS MAGOHA RULES OUT SCHOOL REOPENING UNDER THE CURRENT COVID-19 SITUATION

Education Cabinet Secretary Prof George Magoha has clarified that schools will not reopen in June given the current COVID-19 pandemic situation.

Prof Magoha on Sunday said the final decision on the matter will be made by the National Emergency Response Committee.

“We have said that children should enjoy their holidays and that schools shall remain closed effective 4th of this month (May) up to 4th of next month (June).”

COVID-19 DAMPENS KENYA'S ECONOMIC OUTLOOK AS GOVERNMENT SCALES UP SAFETY NET MEASURES

Kenya’s gross domestic product (GDP) is projected to decelerate substantially in 2020 due to the negative impact of the COVID-19 (coronavirus) pandemic. Economic growth projection remains highly uncertain and the outcome will hinge on how the pandemic plays out internationally and within Kenya, along with policy actions taken to mitigate the situation.

KENYA SEEKS SUSPENSION OF DEBT PAYMENTS IN WAKE OF COVID-19

Kenya is seeking debt-relief options with lenders as the state seeks more money to deal with the negative impacts of the COVID-19 pandemic.

According to Treasury Principal Secretary, Julius Muia, talks are under way with creditors, both bilateral and multilateral, who may opt to delay payments due this year.

KRA'S RESTORED POWER TO SNOOP ON MPESA AND BANK ACCOUNTS

The Court of Appeal has restored KRA’s power to snoop on tax evaders’ MPESA and bank accounts. In a ruling, the court argues that hindering KRA from accessing the information may cripple the agency’s mandate to collect taxes.

Furthermore, the court felt that KRA would suffer irreversible loss of huge sums of money. The reinstated section of the law will compel third-party firms such as telcos, banks, and schools to share information on persons and firms suspected to be evading taxes.