Former KTDA bosses face prosecution in multiagency report
Tue, Oct 12, 2021 | 10:36 am

Source Former directors and top managers of the Kenya Tea Development Agency (KTDA) are staring at a possible prosecution after a report by a multiagency pointed to malpractices at the firm. Agriculture Cabinet Secretary Peter Munya says the multiagency report formed by the Attorney-General in April has recommended prosecution for those who will be implicated […]

State Auditor McGuiness indicted in misconduct case
Tue, Oct 12, 2021 | 9:59 am

Source WILMINGTON – Delaware State Auditor Kathy McGuiness was indicted Monday and charged in a case where she is accused of misappropriating taxpayer funds and hiring her teenage daughter and daughter’s friend for office jobs. The charges obtained by State Attorney General Kathy Jennings include felony theft, felony witness intimidation, noncompliance with procurement law, official […]

Kenya is preparing to crack down on a flood of high-interest loan apps
Mon, Sep 13, 2021 | 6:30 am

Source A new Kenyan bill seeks to license and regulate digital lending platforms in the country, in a bid to clamp down on the issuance of high-interest loans as well as the predatory practices that have accompanied the industry’s massive growth. Mobile lending apps have become an easy source of credit for Kenyans who don’t […]

Taming mobile loan sharks abusing the credit information sharing system
Fri, Sep 10, 2021 | 11:11 am

Source Mobile lending apps have become an easy source of credit for Kenyans who do not have accounts with commercial banks and access to other traditional financial institutions, or the regular income needed to borrow from such lenders. But the industry remains largely unregulated, exposing consumers to incidents of breaches of their rights. Some digital […]

New code to guide CRB listings by digital lenders
Fri, Sep 10, 2021 | 10:50 am

Source A new code of conduct is expected to guide the return of CRB listings by digital lenders who were thrown out of the credit information sharing mechanism by the CBK in April last year. On Thursday, the Credit Information Sharing Association of Kenya (CIS) unveiled a new code of conduct for third party credit […]

Lenders to get borrowers’ consent on data sharing
Fri, Sep 10, 2021 | 9:59 am

Source Credit providers will now require written consent from borrowers to have their information shared with other lenders. It will also be unlawful for creditors to request more than the necessary information as stipulated in a code of conduct launched by the Credit Information Sharing Association of Kenya (CIS Kenya).The document was unveiled yesterday to guide the […]

Kenya: Why Murder Suspect Walked Free Despite Admitting to the Offence
Thu, Sep 2, 2021 | 7:18 am

Source The High Court in Mombasa has terminated the trial of a murder suspect because it hinged heavily on a confession he made to ordinary people not recognised by law. Malindi Resident Judge Reuben Nyakundi said any statement made to a private citizen or a police officer below the rank of a chief inspector is […]

Turkana County Receives Land Registry Equipment
Thu, Sep 2, 2021 | 6:19 am

Source Turkana County administration is set to register Community Land after receiving survey and mapping equipment from the Food and Agriculture Organization through funding by the European Union. The equipment received includes Global Positioning System (GPS), Geographical Information System (GIS) and plotter machines. EU acting Ambassador to Kenya Katrin Hagemann and FAO Country Representative to […]

Kenya: Judge Upholds 15-Year Jail Term for Man Who Defiled His Current Wife
Wed, Sep 1, 2021 | 7:16 am

Source The High Court in Meru has upheld a 15-year jail term handed to a boda boda rider who married a woman he had defiled when she was 16. Justice Edward Muriithi ruled that even though the woman had told the court she was now Jackson Bundi’s wife, she was not in a position to […]