Author: NLM Correspondent

Visa-free travel, tax advantages, access to better healthcare and educational opportunities for the family – these are just a few reasons why Citizenship and Residency by Investment (CBI & RBI) programs are gaining ground. We ask Hiran Chohan, Managing Director of specialist firm, Windsor Capital Management, why this investment pathway is proving so popular Q1) What is Citizenship by Investment (CBI) and Residency by Investment (RBI)? Citizenship and Residency by Investment are pathways for one to acquire the opportunity to move around globally visa-free and/or have the ability to live, work and study in another country. Specifically, Citizenship by Investment…

Motive may be taken into account in cases involving direct evidence, but it carries more weight in suits relying only on circumstantial evidence. By Newton Arori ‘Motive’ explains why a person committed a crime. In Kenya, indeed in many jurisdictions, motive need not be proved to establish the guilt of an accused person. This principle is found under Section 9 of the Penal code which states: “unless otherwise expressly declared, the motive by which a person is induced to do or not to do an act, or to form an intention, is immaterial so far as regards criminal responsibility.” No…

Between 2014 and 2019, Africa has recorded increased electricity production every year. And, according to a global electricity review by Ember, an energy think tank, renewables met a third of Africa’s growth in electricity production, with gas making up the remaining two thirds. When the COVID-19 pandemic hit in 2020, the world’s demand for electricity, which had been rising since the financial crisis, took a hit. But, despite the fall, wind and solar power demonstrated remarkable resilience to record a growth of 15%. According to the review, the growth contributed to renewable energies being responsible for 9.4% of the global…

By Victor Adar CFK, an organization that makes hand-washing accessible to people living in informal settlements, is running a water, sanitation and hygiene program known as “WASH” in Nairobi’s Kibera area in a bid to fight Covid-19. Although CFK has long had a WASH program to encourage hand-washing by distributing soap and water stations, which was originally designed to combat diarrhoeal diseases in children, it expanded and retooled its program when the coronavirus pandemic began last year. “We cannot return to normalcy overnight, even when fatality rates appear low. We continue to face a growing number of variants, and with…

The completion of acquisitions of Jubilee General Insurance businesses in Tanzania, Uganda, Burundi and Mauritius to follow. Allianz, one of the world’s leading insurers and asset managers, has become the majority shareholder in Jubilee General Insurance Limited in Kenya. This follows the acquisition of a 66% stake in the company, representing 1,522,622 ordinary shares, from Jubilee Holdings Limited (JHL), East Africa’s largest insurance group who are retaining a 34% shareholding in the company. The acquisition follows the execution of an agreement signed on September 29, 2020, whereby Allianz agreed to acquire the majority shareholding in the short-term general (property and…

African governments have resorted to new laws against false information, that don’t reduce harm. They also don’t promote media literacy in schools, which could. By Peter Cunliffe-Jones “In a multi-ethnic and multi-religious country like ours, ‘fake news’ is a time bomb,” Nigerian Information Minister Lai Mohammed warned journalists at a briefing in Abuja in 2018. “In recent weeks, many anarchists have been doing everything possible to detonate the bomb.” To disarm this time bomb, his government would educate Nigerians to identify it at source. “We do not intend to resort to coercion or censorship,” the minister pledged. Instead, he proposed ways the…

The 2021 World Press Freedom Index compiled by Reporters Without Borders (RSF) shows that journalism, the main vaccine against disinformation, is completely or partly blocked in 130 out of 180 countries ranked by the organisation. By Antony Mutunga For the last decade, journalists and reporters have drawn the short straw as press freedom remains highly fragile in Sub-Saharan Africa (SSA). From dealing with dictators and authoritarian governments to arbitrary censorship, especially on social media platforms, journalism has been totally blocked or seriously impeded. And, as the coronavirus rages, additional restrictions have further constricted the world or journalists, according to a…

By Daniel Ngumy, Shemane Amin, Juliana Mosha and Priscillah Githinji On 22 September 2005, the Tanzanian and South African (SA) Governments concluded a Double Tax Agreement (DTA), whose purpose was to ensure resident persons and resident companies avoid double taxation and prevent fiscal evasion with respect to income taxes. The DTA entered into force on 15 June 2007 and subsequently became effective on 1 August 2007. Article 2 of the DTA provides the types of taxes covered under the DTA which include in case of SA: the normal tax, the secondary tax on companies and withholding tax on royalties while…

Kenya Airways (KQ) has entered into an agreement with UK-based advanced air mobility company, Skyports to launch unmanned aerial vehicle (UAV) operations in the country. The two firms signed a Memorandum of Understanding (MoU) that will bring together Skyports’ expertise in drone delivery logistics service and KQ’s expertise in aviation services. Allan Kilavuka, Chief Executive Officer at Kenya Airways, the partnership goes hand in hand with KQ’S purpose of the sustainable development of Africa as it supports its plans in terms of drone technology application. “It will give us access to available equipment and established operations that will lay the…

A coalition of multilateral development banks and development partners has pledged over $17 billion (Sh1.8 trillion) in financing to address rising hunger on the African continent, and to improve food security. Seventeen African heads of state signed on to a commitment to boost agricultural production by doubling current productivity levels through the scaling up of agro-technologies following a two-day high-level dialogue, “Feeding Africa: Leadership to Scale up Successful Innovations.” hosted by the The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) at the end of April. AfDB pledged to invest Sh169 billion towards scaling up 10 selected priority…