Connect with us

Tech

FIFA orders FKF to pay former coach Amrouche Ksh 109M

Published

on

Loading...

World football governing body FIFA has ordered Football Kenya Federation (FKF) to pay former Harambee Stars coach Adel Amrouche Ksh 109 million for wrongful dismissal.

KBC Radio_KICD Timetable

Failure to Kenya will be expelled from the World Cup qualifying rounds by FIFA if FKF fails to pay the former Harambee Stars coach Adel Amrouche.

FKF had until 5th of this month to pay the tactician but failed to do so but FIFA Disciplinary Committee has announced a 30-day extension.

FKF was ordered by the Court of Arbitration for Sports (CAS) on September 19 last year to pay Adel Amrouche Ksh 109 million as compensation for his wrongful dismissal.

Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153

If FKF does not pay the compensation fees, Kenya will be kicked out of the 2022 Qatar World Cup qualifiers and development funds meant for Kenya will be diverted to settle Amrouche’s debt.

Meanwhile, the federation will have to pay a total of Ksh 4 million for the costs incurred by the Fifa Disciplinary Committee in the proceedings involving former coach Adel Amrouche.

Loading...

In February 2013, Amrouche was named coach of the Kenya national football team taking over the position from James Nandwa who was there on a temporary basis after the departure of Henri Michel.

After 18 months at the helm, he was sacked on 3 August 2014 following Kenya’s 1–0 aggregate loss to Lesotho in the second round of qualification for the 2015 Africa Cup of Nations.

KBC-You-tube-728x90-New-2

Tell Us What You Think


Comments

comments

Loading...
Continue Reading

Tech

Relief for Kenyans as they start paying lower VAT of 14pc

Published

on

Loading...

Kenyans have started paying a lower Value Added Tax rate of 14 percent that was implemented Wednesday.

KBC Radio_KICD Timetable

This follows President Uhuru Kenyatta directive that the National Treasury  reduce the VAT from 16% to 14%, with the directive to take effect on April 1.

The law allows National Treasury Cabinet Secretary to effect tax changes of up to 25 percent without approval from parliament.

Other tax measures such as lower income tax announced in March are expected to be ratified by the national assembly during a special sitting slated for next week.

Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153

The cost of commodities and services have slightly reduced following implementation of the 14 percent VAT on Wednesday, down from the previous rate of 16 percent.

The aim of the lower VAT was to give Kenyans a stronger financial capability to counter a slow economy.

Companies have started informing customers of the change in pricing. For instance pay television company DStv and GOtv have informed customers of lower pricing effective today (Wednesday).

Safaricom has also told customers that airtime purchase will earn the customer two percent extra airtime.

Loading...

In the event that a customer tops up with Ksh 100 for example, they will be entitled to receiving Ksh 102 airtime.

Unlike the VAT however, other tax measures such as abolishing the 30 percent tax band will have to wait for the national assembly’s nod for implementation.

Already national assembly majority leader Aden Duale has written to the speaker to recall the house for a special sitting next Wednesday to consider among others the new tax measures.

That the National Treasury was also directed to implement the following immediate reliefs and increase disposable income to the people of Kenya, through:

I. 100 % Tax Relief for persons earning gross monthly income of up to Ksh. 24,000.

II. Reduction of Income Tax Rate (Pay-As-You-Earn) from 30% to 25%.
III. Reduction of Resident Income Tax (Corporation Tax) from 30% to 25%;

IV. Reduction of the turnover tax rate from the current 3% to 1% for all Micro, Small and Medium Enterprises (MSMEs);

V. Appropriation of an additional Ksh. 10 Billion to the elderly, orphans and other vulnerable members of our society through cash-transfers by the Ministry of Labour and Social Protection, to cushion them from the adverse economic effects of the COVID-19 pandemic;

VI. Temporary suspension of the listing with Credit Reference Bureaus (CRB) of any person, Micro, Small and Medium Enterprises (MSMES) and corporate entities whose loan account fall overdue or is in arrears, effective 1st April, 2020.

Comments

comments

Loading...
Continue Reading

Tech

Peter Ndegwa Takes Over as Safaricom’s First Kenyan CEO

Published

on

Loading...

Peter Ndegwa reports today as the new Safaricom CEO. Ndegwa was appointed in the position in October 2019 following the demise of the companies CEO Bob Collymore in July 2019.

He takes over the position from the interim  CEO Michael Joseph. Mr Ndegwa will also become Safaricom’s first Kenyan CEO.  Taking up the position when the world is undergoing a critical moment with the coronavirus pandemic.

Businesses have closed down globally and even locally some struggling to stay afloat during the Coronavirus pandemic. Which might affect his first period in office. He believes that the pandemic will change the way Kenyans interact with one another. And it will create opportunities in Agriculture, health and education.

Before his appointment at Safaricom, Peter Ndegwa was the managing director of Continental Europe at Diageo. Managing the spirits and beer business across 50 countries in Western and Eastern Europe and Russia.

He has worked for Guinness Nigeria a subsidiary of Diageo as the company’s CEO. Has served for eight years in senior director role at the East Africa Breweries Limited (EABL) a subsidiary of Diageo. He started his career at the PWC where he worked for 11 years before joining Diageo.

Mr Ndegwa is an Alumnus of the Starehe Boys Center. He holds a bachelors degree in Economics at the University of Nairobi and an MBA at the London School of Business. He is also a Certified Public Accountant and also a member of the Institute of Certified Public Accountants of Kenya (ICPAK).

Loading...

Speaking on his strategy, Mr Ndegwa plans to do things more differently despite the COVID-19 crisis. “It is time to serve my country. There are two things that I value most, which are humility and integrity. He talks on Integrity as doing what you say and humility as knowing that there is always more that you can do,” said Mr Ndegwa.

As he takes over the new position, he asks Kenyans to expect him to help Safaricom define its next phase of growth adding that his DNA is getting things done. The company currently boast of about 60 billion in profits per year and revenues of about Sh250 billion annually.

Deploying the 4G network across the country is one of the company’s strategies as he takes over the new position.


Reads
82

Comments

comments

Loading...
Continue Reading

Tech

American companies support Govt amid Coronavirus crisis

Published

on

Loading...

American Chamber of Commerce (AmCham) Kenya, together with its members are implementing various measures aimed at supporting the Kenyan Government in its policy and behavioural protocols during the on-going Coronavirus crisis.

KBC Radio_KICD Timetable

AmCham Kenya consisting of American private companies such as Coca-Cola, IBM, Microsoft, Uber and Google, are making business adjustments for their employees and customers by enabling remote working and online learning to promote social distancing; and implementing initiatives focusing on public sensitization, early detection and treatment; and promoting hygiene standards.

“Many of these companies have been dealing with the virus in other markets and are glad to support the government and local enterprises in not only protecting businesses but also in securing the livelihood of Kenyans,” said Phillipine Mtikitiki, Board President, AmCham Kenya.

Efforts made by American companies and partnerships with Kenyan Government:

Coca-Cola

Coca-Cola has partnered with a non-profit health organization to secure medical supplies and with the Kenya Red Cross to provide hydration and beverages to medical staff working on the frontline of testing quarantine centres.

Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153

Johnson and Johnson

Johnson and Johnson is providing nursing training support through the World Continuing Education Alliance digital platform.

The content consists of the World Health Organisation approved curriculum that is being adapted by Aga Khan University School of Nursing and Midwifery in East Africa and the Nursing Council.

Cisco

Cisco is supporting remote working for the Central Government, financial institutions, SME’s, education institutions, county governments and other organizations.

Loading...

IGAD and Cabinet Meetings, for example, are being facilitated through Webex and Cisco devices.

Microsoft and Google

Microsoft and Google are supporting remote learning for educational institutions by providing free access to the Microsoft Teams platform and working with the Kenya Institute of Curriculum Development as it updates education material for its online platform.

Google has created a website for distance learning resources. It is providing technical support to the Kenya Institute of Curriculum Development in broadcasting its school lessons live on YouTube.

Google has also extended advanced features of its video conferencing tool – Hangout Meet – for free to all subscribers of its suite of office productivity, including schools who get the suite for free.

IBM

IBM, on the other hand, is enabling remote online learning by making available their online learning platform for free training on new technologies including certification and online job search engine.

This is accessible at www.digitalnationafrica.com.

Del Monte Kenya

To promote hygiene standards, Del Monte Kenya is partnering with the County Government of Murang’a to provide machinery and labour for fumigation of marketplaces, shopping centres, villages and where possible offices.

Uber Kenya

Uber Kenya has also, in a bid to promote social distancing, offered their platform for use by businesses and government for logistics and delivery infrastructure for Coronavirus essential products.

In support of its customers, they have waived delivery fees for restaurants in order to encourage more home orders.

 

 

Comments

comments

Loading...
Continue Reading
Advertisement
Loading...
Advertisement
Loading...

Trending