President Uhuru Kenyatta has formally appointed Lady Justice
Martha Koome as Kenya’s Chief Justice.
Her appointment was sealed right after the National Assembly
approved Koome for the Post.
She now takes over from David Maraga who retired in early
January 12 this year to became Kenya’s first Chief Justice.
Co-operative Bank has reported a 4 percent drop in net
profit in the first quarter of 2021 compared to the same period in 2021.
The listed lender’s profit after tax dropped Ksh.3.46 billion compared to Ksh.3.59 Billion reported in the previous period under review.
The National Assembly has approved Justice Martha Koome as Kenya’s next Chief Justice (CJ), paving way for her appointment by President Uhuru Kenyatta.
Members of Parliament endorsed Justice Koome this morning
during a special house sitting.
During the session, MPs debated the Justice and Legal
Affairs Committee (JLAC), report
Members of Parliament (MPs) have approved
the National Treasury’s decision to exempt Kenya Airways (KQ) and its
subsidiaries from paying the minimum tax set at one percent of gross turnover.
The National Assembly adopted the Delegated
Legislation committee’s report for the tax relief for the troubled national
airline that has
The National Assembly has passed a motion that will see
Japanese companies, employees and consultants exempted from Income Tax.
Parliamentary Committee on Delegated Legislation made the recommendations
which were tabled on the floor of the House by Tiaty Member of Parliament
In the report, the exemptions from
vote-tallying in the Juja parliamentary by-election, prompting the Independent
Electoral and Boundaries Commission (IEBC) to suspend the exercise.
In a press statement
sent to newsrooms, IEBC Chairperson Wafula Chebukati, said the tallying process
at Mang’u High School tallying centre was disrupted by a group of individuals
The International Monetary Fund (IMF) has cleared Kenya to receive its second batch of an advanced loan facility of Ksh.44.07 billion in the coming weeks.
It is the second disbursement of the
overall Ksh.255.9 billion of an Extended Fund Facility (EFF) from the
multilateral lender that was approved
Kenya has recorded
469 new cases of coronavirus from a sample size of 6,244 tests, translating to
a positivity rate of 7.5 percent.
The new infections have pushed Kenya’s COVID-19 caseload to 166,006.
At the same time, the Ministry of Health has announced 8 more COVID-19 related deaths.
Local air carrier, 748 Air Services has announced plans to
roll out daily direct flights from the Jomo Kenyatta International Airport
(JKIA) to Kisumu.
The flights expected to be launched on Thursday,
May 20, 2021 is part of the airline’s strategy to have a foothold in the
domestic air travel
The jobless rate in the United Kingdom dropped to 4.8 percent
between January and March, 2021.
Official data however shows that hiring rose in April as
employers geared up for the easing of containment measures.
According to Reuters, some of the fall in the unemployment
rate - the