Category: County
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Nairobi county staff wins in EACC Sh643m asset forfeiture bid
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The High Court has dismissed a case brought by the anti-graft body seeking the confiscation of over Sh643 million in assets and funds belonging to Wilson Nashun Kanani, a Nairobi County employee and co-director of the 1824 Popular Club on Langata Road. Judge Nixon Sifuna said that Al-Kanani and his…
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Mbadi taskforce to verify claims of Sh90bn unremitted county pension cash
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Treasury Minister John Mbadi is setting up a team to investigate allegations that an estimated Sh90.3 billion in county employees’ retirement savings have not been transferred to directors’ schemes. The Australian Superannuation Commission, the industry regulator, said the accumulated money was deducted from the payrolls of workers in decentralised units…
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Why noose has tightened on Kitui County government over Sh1.05bn KRA tax claim
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The Kitui County government has failed to clear various tax claims from the Kenya Revenue Authority amounting to over Sh1 billion. The Tax Appeal Tribunal (TAT) has rejected an attempt by the provincial government to quash KRA’s claims, noting that it failed to satisfactorily comply with the provisions of the…
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Californian County To Regulate Them
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The rapid growth of Bitcoin ATMs across California counties has raised concerns about potential cryptocurrency fraud and financial crimes. In response, state and local lawmakers have taken proactive steps to regulate Bitcoin ATMs across these crypto kiosks. Butte County, in particular, has emerged as a leader in this regulatory effort,…
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Californian County To Regulate Them
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The rapid growth of Bitcoin ATMs across California counties has raised concerns about potential cryptocurrency fraud and financial crimes. In response, state and local lawmakers have taken proactive steps to regulate Bitcoin ATMs across these crypto kiosks. Butte County, in particular, has emerged as a leader in this regulatory effort,…
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Hawaiian Electric hits back at Maui County over Lahaina blaze (NYSE:HE)
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Hawaii Electrical Industries (New York Stock Exchange: Yes) said Friday it was not responsible for the deadly fire that destroyed the historic city of Lahaina, and Maui County should take responsibility, Bloomberg News reported. The utility filed a countersuit alleging that the local… The government neglected to clear vegetation, did…
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Implement county industrial hubs to unlock manufacturing potential
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One of the key sectors capable of accelerating economic growth is manufacturing. Hence, any country that aspires to achieve economic progress must place manufacturing at the heart of its strategic development plans. Recognizing this fact, Kenya has been constantly looking to improve the sector that for years has languished below…
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Budget boss loses fight to gain access to county accounts
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The budget comptroller lost his attempt to monitor counties’ bank accounts in real time, derailing efforts to tame irregularities that have cast a shadow over how devolved units pay contractors and other bills. The matter, which pits the Office of the Comptroller of Budget against the Treasury, the Central Bank…