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Author: Lema Mwangi
Lema Mwangi is the Current Affairs Editor at Tribune.co.ke. He has over a decade of experience in digital media publishing and has been featured in leading print and digital publications. Lema holds a Bachelor of Commerce (Finance & Accounting) degree and he is our numbers guy at the Tribune.
Malawi Vice President Saulos Chilima, 51, has died in a plane crash. President Lazarus Chakwera announced that Chilima and nine other government officials perished in the crash. Earlier, a statement from the President’s office indicated that the aircraft went off the radar shortly after leaving the capital, Lilongwe, on Monday morning. “Despite the experience of the crew, something terrible happened to that aircraft, sending it crashing down and killing everyone on board,” Chakwera said. Plane recovered He stated that the rescue team found the aircraft near a hill in the mountainous part of Chikangawa forest, completely destroyed, with no survivors.…
The ongoing debate on the One Man One Vote One Shilling has spurred conversations around equitable distribution of national resources among the 47 counties. The debate, initiated by Deputy President Rigathi Gachagua, has seen different leaders voice their opinions about the revenue-sharing formula. Recently, former Prime Minister Raila Odinga expressed his support for the population-based revenue-sharing formula when he hosted the organizers of the Limuru III conference. However, President Ruto has called the One Man One Vote One Shilling clarion call divisive, urging leaders to promote unity and shun divisive politics. So, what does the One Man One Vote One…
Kenya is rapidly emerging as a hub of innovation and economic growth in Africa, driven by a dynamic blend of youthful energy, entrepreneurial spirit, and strategic investments. The country’s diverse economy is evolving, with several sectors showing remarkable potential and resilience. Kenya is positioning itself as a leader in various high-demand industries, from technological advancements to sustainable development initiatives. We explore the booming sectors that are shaping Kenya’s future, highlighting the next big opportunities that investors, entrepreneurs, and policymakers should watch closely. 1. Technology and Digital Services Mobile Payments and Fintech Solutions Mobile payments have revolutionized the financial landscape in…
In Kenya, Members of Parliament (MPs) hold significant power in representing the interests of their constituents. However, there may be instances when the electorate feels that their MP is not performing up to expectations or has engaged in misconduct. The Kenyan Constitution provides a mechanism for voters to recall their MP. Here’s a detailed guide on how this process works. Legal Framework The recall process for an MP in Kenya is governed by: Grounds for Recall Under Kenyan law, an MP can be recalled on the following grounds: The Process of Recalling an MP in Kenya The process to recall…
Former Prime Minister Raila Odinga and Prime Cabinet Secretary Musalia Mudavadi held a joint press conference to brief the nation on the status of Kenya’s candidacy for the African Union Commission (AUC) chairperson. The press conference took place at the Office of the Prime Cabinet Secretary at the Kenya Railways Headquarters, off Haile Selassie Avenue. President Ruto has been at the forefront campaigning for Raila Odinga for the AUC post. Several heads of state have also publicly expressed their support for Raila’s AU bid, including Uganda’s Yoweri Museveni, Suluhu Hassan of Tanzania, Rwanda’s Paul Kagame, and Zimbabwe’s Emmerson Mnangagwa. Support…
Ndindi Nyoro is a prominent businessman and politician, currently serving his second term as the Member of Parliament for Kiharu Constituency in Murang’a. He is also the Chairman of the Budget and Appropriations Committee in the National Assembly. When the Kenya Kwanza administration came into power in August 2022, many expected Ndindi Nyoro to be among the cabinet nominees. While he did not make it to the list, Ndindi remains a senior-ranking politician and a member of President Ruto’s inner circle. Ndindi is an ambitious politician, and he has openly expressed his intentions to rise to the position of President…
Martyrs’ Day in Uganda is a significant national holiday observed every year on the 3rd of June. It is a day set aside to honor the memory of 45 Ugandan Christian converts (Catholic and Anglican), who were executed between 1885 and 1887 on the orders of Kabaka Mwanga II, who was then the king of Buganda. The martyrs’ crime was the refusal to renounce Christianity and loyalty to their newfound faith. For pilgrims, the day marks a time of reflection, remembrance, and celebration of the resilience and faith of these early Christians. Some activities marking this event include pilgrimages and…
A strong currency is good for the economy, and it helps countries increase their purchasing power, lower the cost of imports, and also attract investments from foreign companies. In Africa, some countries have more valuable currencies than others, with strong currencies being tied to minerals and political stability. Here is a list of the African countries with the strongest currencies: Tunisian Dinar $1=3.12 TND The Tunisian Dinar is the official currency of Tunisia, a North African country on the Mediterranean coast. The Tunisian Dinar is the most stable currency in Africa against foreign inflation rates, exhibiting low volatility compared to…
If you want to create a passive income in Kenya, a money market fund is a good investment to consider. There are various money market funds in Kenya, each offering a different rate of return. A money market fund (MMF) is a type of mutual fund that invests in short-term, highly liquid, and low-risk securities. This investment provides investors with a safe place to invest easily accessible, cash-equivalent assets. Money market funds are ideal for investors looking for a low-risk investment with stable income and capital preservation. Key Features of Money Market Funds in Kenya Short-Term Investments Money market funds…
The United States recently designated Kenya as a Major Non-NATO Ally (MNNA) during President Ruto’s state visit to the United States. This designation makes Kenya the first country in Sub-Saharan Africa to receive this status. But what does being a Major Non-NATO Ally mean, and what does it entail for Kenya and its cooperation with the United States? What is a Major Non-NATO Ally? A “Major Non-NATO Ally” (MNNA) is a designation given by the United States to countries that have strategic working relationships with the U.S. military but are not members of the North Atlantic Treaty Organization (NATO). MNNA…