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8 Dec, 9 tweets, 4 min read
The Lubumbashi leg of the #KenyaDRCTradeMission has officially started, following the official launch by the Vice Governor of Haut Katanga Province Jean Claude Kamfora. - @HapaKenya
The Lubumbashi leg of the #KenyaDRCTradeMission will be held over a 4 day period. Delegates will have an opportunity to interact with businesses through expert panel decisions, trade exhibitions, site visits and in person business meetings.
The Trade mission which is in its 8th day has so far attracted over 2,000 local and international delegates. It aims to showcase the trade, tourism and investment opportunities in the DRC and the Great Lakes region.
The Trade Mission has created an opportunity for DRC entrepreneurs to be matched to Kenyan entrepreneurs, creating opportunities for benchmarking and partnerships. These will play a critical role in business integration and entry into DRC.
Supply chains were disrupted by COVID-19 and this was invitation to the people of Africa to see how we can work and trade with each other in Africa. This trade mission is a step towards achieving this.....
.....The Democratic Republic of Congo is currently the 6th leading export destination for Kenyan products in the world which include agricultural and manufactured goods, mineral fuels and oils. - Lawrence Karanja CAS @IndustryKE

#KenyaDRCTradeMission
Equity is supporting wealth creation opportunities for our people by supporting the partnering of people of Kenya and DRC. There are many challenges, but these can be converted to opportunities....
...We have also many raw materials here that can be used in manufacturing. This will create millions of jobs for your people in manufacturing. - Celestine Munbuatu MD @EquityBCDC

#KenyaDRCTradeMission
The #KenyaDRCTradeMission has begun their 4-day business visit to Lumbumbashi in DRC bit.ly/3pARgCm by @HapaKenya

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More from @mmnjug

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10 Dec
Court of Appeal judges have overturned 50-50 division of matrimonial property in two landmark verdicts, as debate rages on on how assets acquired during marriage should be shared. - @NationAfrica
In one judgment, the judges granted the woman a 10% share of the value of the matrimonial home, and explained that the man was entitled to 90% because evidence showed he paid for the property in full with no monetary contribution from the wife at all.
The appellate court noted that there was no child born from the couple’s union, hence the woman’s contribution would only fall under “companionship”. This is because even household chores like purchases at the supermarket were undertaken by a house help and the man’s driver.
Read 22 tweets
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10 Dec
Nancy Chonge Chepkemwoi is reported to have failed to return Sh73,000 erroneously sent to her M-Pesa account by mistake has been charged with theft. - @Nairobi_News
Nancy Chonge Chepkwemoi was charged with stealing the money from Vincent Maina Wambutu on November 27 contrary to section 268 (1) as read with section 275 of the penal code.
Wambutu was transferring money from his bank account to his Mpesa but entered a wrong number and sent the cash to Chepkwemoi erroneously. He did not know until the next day when he contacted Chepkwemoi and found her phone switched off. He sent her a text.
Read 7 tweets
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9 Dec
Mobile cash transactions are on course for the highest annual growth in a decade, highlighting the economic recovery and the increasing use of cashless payments platforms. - @BD_Africa
.@CBKKenya data shows that @SafaricomPLC M-Pesa, @AIRTEL_KE Money and @TelkomKenya T-Kash agents handled Sh5.64T in the 10 months to October, a 38 percent jump from the corresponding period last year.
This is the fastest growth in cash handled by agents in the January-October period since 2011 — when it grew 60% to Sh938 billion — with monthly transactions likely to remain high this month due to the Christmas festivities that are characterised by heavy spending.
Read 11 tweets
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8 Dec
.@CBKKenya will start controlling the interest rates of mobile digital loans and ban lenders who share personal data of defaulters under a new law that seeks to protect Kenyan borrowers from predatory lending. - @BD_Africa
President Uhuru Kenyatta on Tuesday signed into law the Central Bank Bill, 2021 in legal changes that bring digital lenders under the watch of the banking regulator for the first time.
The CBK Act, 2021 will see the lenders seek approval of the central bank for the pricing of their loans and products, subjecting them to the same rules as commercial banks.
Read 22 tweets
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8 Dec
Before constable Benson Imbatu went on the rampage, killing his wife and five other people before taking his life yesterday, his colleagues had feared it was a matter of when, not if, he would go berserk. - @NationAfrica
The policeman, who worked in Kabete, Kiambu County, had been implicated in a murder at Mountain View Estate in Nairobi about eight months ago. However, @IPOA_KE was yet to submit his file to @ODPP_KE for action, sources told @NationAfrica.
Had he been interdicted, his colleagues said, the civilians he was meant to protect would still be alive.
Read 4 tweets
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8 Dec
When newly elected President of the Democratic Republic of Congo (DRC) Felix Tshisekedi arrived in Nairobi in 2019, few people understood the importance of his first official state visit. - @StandardKenya
It came two weeks after Tshisekedi’s inauguration in the country’s first peaceful transition of power in more than five decades.
The election itself had been delayed repeatedly since 2016, and Kenya had played a significant role behind the scenes to maintain stability in the volatile nation in negotiations that eventually saw immediate former President Joseph Kabila step down after 18 years in power.
Read 27 tweets

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