Yatani picks team to lead Nairobi financial hub by ALLAN KISIA
It will provide policy direction on the execution of the Capital Markets plan
Kenya is moving closer to establishing its international financial centre with the National Treasury appointing a capital markets task force.
Although the country set up Nairobi International Financial Centre amid opposition from civil societies in 2017, the implementation has been slow.
On Friday, Treasury CS Ukur Yatani appointed a steering committee to be known as the Capital Markets Master Plan Implementation Steering Committee (CMMISC) .
The committee will take overall responsibility for oversight in the implementation of the Kenya Capital Markets Master Plan and facilitating its alignment with the establishment of Kenya as the heart of Capital Markets financing and investment in Africa and Nairobi as an International Financial Centre.
County assemblies race to beat housing deadline for chiefs
Saturday June 05 2021
An incomplete house, which was meant to be the residence for Elgeyo-Marakwet governor in Kamariny on March 14, 2018. The court had stopped its construction due to a lack of public participation.PHOTO | JARED NYATAYA | NMG
By JOHN MUTUA
Summary
None of the 47 counties has delivered a house for county assembly speakers with just a year remaining before the allowances are scrapped on June 30, 2022.
The SRC in 2015 directed the counties to build the houses to save the devolved units Sh13.26 million spent on monthly rent for three top county officials.
The SRC has twice extended the deadline but said it would not be a third time lucky for counties that will not have built the houses.
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.