Commission on Revenue Allocation: Dividing the Wealth of Kenya

Kenyans have worked on a formula to divided the country’s revenue among 47 regions created by the recently enacted Constitution of Kenya. The purpose is to avoid regional disparities in development. This is a complete list of allocations according to the formula.

Lugari MP Cyrus Jirongo and Company Walk Away with Billions from the Workers Pension Fund In an Out of Court Settlement

Kenya’s corruption-ridden workers pension fund, National Social Security Fund, has paid the Lugari member of parliament Mr Cyrus Jirongo Sh490 million and Sh342million to a Ugandan businessman who owned Mugoya Construction and Engineering Company, in a controversial out-of-court settlement.

Investors Ready to Increase Quality Hotels in Kenya

Investors will put up 208 new hotels with over 38,000 rooms over the next five years, increasing in bed-capacity by 30 percent. The Kenya Tourist Development Corporation Managing Director Marianne Ndegwa said already 55 percent of the projects were already under construction.

Kenya Now Finds Oil in Arid Turkana County

A leading multinational oil and gas exploration and production company Tullow has discovered oil in Turkana County in northern Kenya at a depth of between 846 and 1041 meters. The company has been prospecting for oil in block 10 BB in Ngamia-1 well.

Prices of Land Near Nairobi, Kenya

Following many requests for prices of land in Kenya, we shall be publishing updates as often as we can. If you want more up-to-date prices, keep visiting this website or subscribe to our news feed.

Kenya Government Awards Shs237 Million Tender for Girls Sanitary Pads

The Kenya government has awarded a Shs 237 million tender for supply of sanitary towels to disadvantaged school girls. The amount is less than the Shs300 million that the Ministry of Finance had budgeted for the project after it was revised downwards by the parliament.

William Ruto in IDP Land Grab Lawsuit

An internally displaced person (IDP) from Eldoret found that the 100 acre farm he had left behind as he fled to safety following the 2007 post election chaos, had been acquired by the Eldoret North MP William Ruto. And in a suit he filed to regain his land from the MP, the IDP Mr. Adrian Muteshi narrated how he bought and lost his property.

Political Campaigns in Kenya: Strategists and Consultants Now Get Ready to Make Money

Political strategists and consultants are gearing up to make a killing during the campaigns for Kenya’s next general elections expected to be held anytime between August this year and March2013. Those who will work for aspiring presidential candidates – expected to be no fewer than 20 of them – will have huge funds to work with, and will, therefore, also be expected to paid more.

Trends in Book Trade in Kenya: An Analysis of the Men and Business that Control Book Publishing

Changing the Kenya book publishing industry into multi-billion shillings sector has required the entry into the industry of well-connected, multibillion shillings investors. One of the most celebrated of these investors is Centum, a private investment company said to be the largest investor in East and Central Africa.

Brand Kenya Gets Down to Business for London Summer Olympics

Creating a brand out of Kenya is not an easy thing. And that is why Brand Kenya – the state corporation charged with the task – is asking Kenyans to cough up Shs 4.6 billion (about $5.5 million) to promote an image of the country as an ideal business destination at London Summer Olympic games 2012.

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