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Tag Archives: Kenya

Kenya’s pension firm enters Uganda’s market

Enwealth Financial Services manage assets worth Shs2trillion in Africa Kampala, Uganda | JULIUS BUSINGE | A new pension administrator, Enwealth Financial Services, has entered Uganda’s pension market upon securing an operation license from the regulator, Uganda Retirement Benefits Regulatory Authority (URBRA). The firm that joins nine other pension administrators in …

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Kenya court postpones decision on homosexuality laws

Nairobi, Kenya | AFP | Kenya’s High Court on Friday postponed a much-anticipated ruling on whether to scrap colonial-era laws which criminalise homosexuality, citing a heavy case load. “The files are above my height… we are still working,” said Chacha Mwita, one of the judges, who added that one of his colleagues was on leave …

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Gays and Africa: Quotes

Nairobi, Kenya | AFP | Kenya’s High Court on Friday issues a potentially historic ruling that could roll back colonial-era laws penalising same-sex relationships. Here is a selection of quotes illustrating the situation of gay, lesbian, bisexual, and transgender people in sub-Saharan Africa: “Worse than pigs and dogs.” – Former Zimbabwean …

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Egg prices fall as supply goes up

EGGS: Kenya’s increase in supply spells doom to Ugandan farmers Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan farmers are suffering losses from falling egg prices due to lost market opportunities in the region and high feed costs. Farmers and traders that spoke to The Independent said a tray of eggs …

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Nairobi tense after explosion wounds one Kenyan

Nairobi, Kenya | AFP | An explosion wounded at least one person in central Nairobi on Saturday, a police source said, with the Kenyan capital still on edge nearly two weeks after a jihadist attack that killed 21 people. The wounded person was one of the street-cart vendors who sell …

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Board approves Kenol Kobil sale to French firm

5 Kampala, Uganda | THE INDEPENDENT | The board of the regional oil marketer, Kenol Kobil, has approved the proposed takeover of the firm by the French based company, Rubis Energie. The shareholders, however, have until February 18 to accept or decline the offer, according to reports from Kenya’s local …

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4 hurt as gunmen raid Chinese construction site in Kenya

Nairobi, Kenya | AFP |  Four people were wounded when gunmen opened fire on a Chinese construction site in Kenya’s remote northeast, before being quickly repelled, police said on Monday. Eight attackers opened fire on the construction site near the town of Garissa late on Sunday evening, said David Kerina, …

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