Category: BUSINESS

Kenya Tobacco Control Alliance(KETCA) needs Health heads to ban nicotine receptacles
Health promotion advocates have formally solicited the government to uphold the current ban on nicotine pouches and ignore the latest by one manufacturer to allow them back accompanied by a sign. The vow by British American Tobacco, sent to Health CS, Mutahi Kagwe, on September 7, 2021, asks that their nicotine pouches, brand names LYFT or Velo, be allowed back into the market and health warning covering 10 per cent of the packet. ‘The manufacture, distribution and sale of our LYFT product have been temporarily ceased in the market since October 2020. Our resumption of factory operations and sale of LYFT in Kenya hinges on the provision of appropriate health warnings for the product,’ says the letter by BAT’s Managing Director, Crispin Achola.

Achola added that the Cabinet Secretary exercise discretion and direct that oral nicotine pouches such as LYFT (also known as Velo) apply text health warnings in the form and format as shred in this letter and as shown in the pictures in the appendix. The Kenya Tobacco Control Alliance (KETCA), the umbrella organization for all organizations involved in tobacco control and health promotion in Kenya, advised the Health CS to stick to the Kenya Tobacco Control Act and The World Health Organization Framework Convention on Tobacco Control , for outlaws any involvement of the tobacco industry in the formulation of health news.
‘The World Health Organization’s Framework Convention on Tobacco Control, which Kenya has signed and ratified in 2004, also clearly states the industry must not sit on the table where tobacco control laws those drafted. In Kenya, the industry is purporting to draft the laws on behalf of the government. Of course, they draft loophole-ridden legislation and then wait to exploit them,’ said KETCA Chairman Mr Joel Gitali. He added that the tobacco industry has been diversifying into alternative tobacco and nicotine products to grow profits in a rapidly shrinking cigarette market.

The letter by Achola says that nicotine pouches are BAT’s ‘lowest risk’ products. ‘This assessment is based on BAT’s analysis of, among others and emissions, heavy metals as well as cellular analysis across its product portfolio.’
Mr Gitali noted such assertions based on fraudulent science because there is no data to show nicotine pouches are safe or are effective to help quit cigarette smoking. ‘Nicotine pouches come with their risks, including skin irritation, addiction, and gum disease. Nicotine use during adolescence has shown to impact learning, attention span and proneness to addiction,’ Mr Gitali said. He added that Side effects of the use can include irritation of the gums, sore mouth, hiccups, nausea and most importantly, Nicotine increases relapse risk with other tobacco products noting that 10 per cent warning disintegrates when subjected to scrutiny.
October 10, 2021
Unclaimed Financial Assets Authority (UFAA)Launches New Digital Platform for Efficiency as Sh241 Billion remains Unclaimed
UFAA Management Team/ Photo Courtesy
Unclaimed Financial Assets Authority (UFAA) has launched a new digital platform to facilitate easier filing, processing and disbursement of funds and assets.

UFAA Chairman Richard Kiplagat said that the monies in the trust are invested in the government to ensure there is no risk.

Kiplagat said that UFAA looks forward to doubling the number of claims for reunifying.

The authority said that it aims to provide customer-friendly services and to make their service available in Huduma Centers across the country.

He said the authority intends to do away with manual filing of claims to facilitate easier processing and disbursement of unclaimed financial assets in cash, bonds, stocks and other financial assets.

The Authority is also deploying an online holders’ reporting and surrenders system that will make it easier for holders to submit and surrender unclaimed financial assets in their possession.

UFAA Chairman said that the authority will be working with the office of the Auditor-General to facilitate audits of public sector agencies on compliance with unclaimed financial assets reporting and surrender.

UFAA is an authority created under the Unclaimed Financial Assets Act, No 40 of 2011 to administer unclaimed financial assets. UFAA’s primary focus is to receive unclaimed financial assets from the holders, safeguard the assets and reunite the assets to their rightful owner.

A baseline survey report on the current state of unclaimed financial assets was released by Unclaimed Financial Assets Authority (UFAA) has revealed that the current unclaimed financial assets in the country are estimated at Sh241,105,748,942.

The survey which was conducted to determine the number of holders and estimate the volume of unclaimed financial assets held by each holder and cumulatively across all sectors in the country showed that the current estimated unclaimed financial asset holders who include institutions in the country are 477,112.

Announcing the findings of the survey in Nairobi, UFAA Chief Executive Officer, Mr John Mwangi, explained that the Authority’s mandate is to bring closure to ‘lost and found’ financial assets, receive unclaimed financial assets, safeguard and re-unite the assets with their rightful owners, who at times are not aware of their abandoned treasure.

“UFAA’s performance is based on the number of claimants re-unified. So far the Authority has collected a total of Sh20.3 billion in cash, Sh1.2 billion unit of shares, received 6,000 claims and issued Sh1 billion payouts in 2021,” said Mwangi.

He expressed that the Financial Services Sector has the highest holding of approximately 62 per cent of the total unclaimed financial assets and the projected unclaimed financial assets over the next 5 years is estimated at Sh156 billion.

Explaining that financial assets are declared unclaimed when there is no active involvement by users for a period of 2 years, the CEO said the unclaimed money by the Authority is invested in government securities so as to accrue interest that is channelled to unclaimed Assets Trust Fund.

“UFAA is urging all citizens to claim their financial assets and that of relatives by dialling a short code of *361# or visiting their website,” said Mwangi.

He said the code will help citizens find out whether they have unclaimed financial assets as an original owner or on behalf of a minor, business entity and deceased persons.

In his remarks, UFAA Chairperson, Richard Kiplagat, announced that the Authority has introduced Unclaimed Financial Assets Management (UFAM) System that is designed to facilitate easier filing, processing and disbursement of unclaimed assets through the internet, as well as provide compliance services where UFAA can carry out audit procedures to holding institutions.

“The reunification process has been made easier through the self-service UFAM system to allow a claimant to search for an asset, file a claim, download the required documents and track the claims,” said Kiplagat.

The Chairperson said to favour those with no access to the internet, UFAA has partnered with Huduma Kenya to make asset claiming services available in all Huduma Centers across the country.

“Through a partnership with government entities and technology companies, the Authority will continue with sensitization efforts that help target holders and claimants increase declarations to the authority and re-unification of unclaimed financial assets,” he said.

Kiplagat further urged all institutions that are holders of unclaimed financial assets to submit reports of unclaimed finance that they hold before November 1, 2021.
October 7, 2021
New Naivas Supermarket takes over Juja City Mall, Previously Tuskys space

Naivas Supermarket has taken up the space vacated by Tuskys at Juja City Mall last year.The biggest Naivas it’s now continuing on an aggressive expansion spree in a race to maintain its market leadership on toes and high notch.

The retailer began operations at the 37,000 square foot space situated off Thika Road on Tuesday.

A Naivas store in Juja City Mall on Thika Road, Nairobi. FILE PHOTO | Bogonko Nyokang’i-TheCrossFireNews Media

Chief commercial officer Willy Kimani said the new branch will be a food market offering a range of consumer products including alcohol.

“This new store has been a long-standing request by our customers and through research we proved its viability and delivered a store that we are sure will meet needs of our shoppers. Juja is a vibrant area which will serve up to garden city and the Naivas store will bring a truly Kenyan touch to this cultural melting pot,” said Mr. Kimani on Tuesday,21 September 2021.

Officals launching Naivas store in Juja City Mall on Thika Road, Nairobi. FILE PHOTO | Bogonko Nyokang’i-TheCrossFireNews Media

The new outlet comes less than two months after the retailer opened a new store in Embakasi along Airport North Road and becomes Naivas’ 76th branch in the country.

The Juja City Mall outlet is the eighth branch within the Thika Road vicinity with other stores being Mountain Mall, Kasarani, Eastern Bypass, Spur Mall, Kahawa West, Githurai 45 and Githurai 44.

“Juja City Foodmarket will be no different. No surprises just authentic Kenyan hospitality,” Mr Kimani added.

Staffs at Naivas store in Juja City Mall on Thika Road, Nairobi. FILE PHOTO | Bogonko Nyokang’i-TheCrossFireNews Media

Naivas and its top rivals QuickMart and Carrefour are among retailers spending heavily to expand, seeking to fill voids left by collapsed and beleaguered supermarkets – Tuskys, Nakumatt, Choppies, and Shoprite.

Staffs and Executives at Naivas store in Juja City Mall on Thika Road, Nairobi. FILE PHOTO | Bogonko Nyokang’i-TheCrossFireNews Media

September 21, 2021
Expo 2020 Dubai hands over the Kenya Pavilion to CS Maina

The pavilion which is one of the most innovative and technology-driven is among the 192 country pavilions that will be participating at the EXPO 2020 Dubai, scheduled from 1^st October 2021- 31^st March 2022 in Dubai, United Arab Emirates.

“This for us is a great opportunity to show the world we are here, and we are forced to reckon with. It is a clear testimony that Kenya is ready to join the league of Nations to collaborate, exhibit, showcase and sell to the world products that are truly and authentically Kenyan. We would like to take this opportunity to thank the UAE Government for supporting Kenya’s participation by providing a sponsorship package that catered for the design and construction of the Kenya pavilion. Kenya is ready to do business with the world in this greatest show of all times,” CS Maina.

During the EXPO, Kenya will showcase trade and investment opportunities aligned to the Big Four Development Agenda: Manufacturing, Food Security, Universal Healthcare and Affordable Housing for all. The country’s development agenda is aligned to the EXPO theme of “Connecting Minds, Creating the Future”.

The Cabinet Secretary in the Ministry of Industrialization, Trade and Enterprise Development Betty Maina has Monday officially received the Kenya pavilion at the EXPO 2020 Dubai.

The Kenya pavilion is strategically located to the UAE pavilion that is in a shape of a falcon in flight.

Kenya’s pavilion is themed “Feel the Energy” a representation of the dynamic spirit, love, innovative thirst and patriotic energy elicited by the Kenyan people in building Brand Kenya.

Kenya will leverage this global expo to showcase its Trade, Investment and Tourism opportunities to the world, including visitors to the Kenya Pavilion and the UAE business community.

It is hoped that this initiative will go a long way in enhancing the country’s efforts of consolidating and diversifying its market share in the UAE market.

The pavilion will not only take the visitors on a journey around Kenya’s greatest assets but will also highlight its economic potential in various sectors including; Technology & innovation, Manufacturing, infrastructure, hospitality education among others.

From the Pavilion, Kenya will showcase its economic diversification, beyond what it has been traditionally known for. The country will showcase its potential as a leading exporter of goods, services, talent, innovation, and its rich culture.

“Kenya has lined up several activities during the 6 months Expo, which include celebrations of our culture and heritage through music and film, Business Match Making and B2B meetings through a Trade and Investment Forum that will bring together Dubai and Kenyan business people, distribution of one million rose flowers during valentine’s day on February 14th 2022 and a Kenya cultural extravagance, among other planned activities. Thematic months have also been planned to heighten Kenya’s participation and attract visitors to the Kenya Pavilion and the country at large. Our Unique selling point: Kenya is the Land of unlimited possibilities. We, therefore, look forward to showcasing these opportunities to the world” Commissioner-General- Kenya, Dr Wilfred Marube.

The Expo 2020 Dubai will provide an opportunity for Kenya to diversify and consolidate its exports to the UAE and the Middle East.

Key among the products is horticulture (fruits and vegetables), coffee, tea, meat and meat products, logistics, flowers, edible nuts, tourism, and sports services, among others.

The Expo will also present the possibility for Kenyan companies to consolidate market share in the UAE and also establish new distribution channels for the neighbouring countries in the Middle East.

Kenya’s exports to UAE have been growing but in a fluctuating pattern over the last five years. This stood at US$ 305million in 2016 and US$324million in 2020.

Kenya commands a competitive export sector that can meet any opportunity arising in the world.

The United Arab Emirates portends an opportunity to increase Kenyan exports of products that already have a global comparative advantage, and hence competitiveness. Exports as a country to the Gulf Cooperation Council (GCC) region have been in the environment of 555 million Dollars which is a mere 0.11% market share of the potential 525 billion Dollars of the region’s total imports.

Kenya is therefore looking at this Expo as a platform to make inroads and grow exports, attract investment inflows, and increase tourism arrivals from the region to our country.

“The UAE market is a significant market, considering its strategic location as a point of entry to the Gulf region and a distribution hub of goods and services to the entire world. We call upon our local exporters to exploit this market for its potential to do business. The Expo will be a steppingstone to consolidate Kenya as a gateway for global trade and investment” CS Maina.

The Kenya Export Promotion and Branding Agency is the Responsible National Authority (RNA), spearheading Kenya’s participation while positioning it as a land of unlimited opportunities.

September 13, 2021
Naivas Foodmart Partners with Africa’s e-commerce leader for a better shopping experience

Willy Kimani, Chief Commercial Officer, Naivas (left) with Kenneth Oyolla, Chief Commercial officer

Jumia Kenya have sealed a strategic partnership with Naivas Foodmart to give consumers a better shopping experience with access to a wider range of products when shopping online as shopper now is mobile driven, using mobile to do his/her shopping, using their smartphones more frequently to place orders.

Kenya’s’ Leading retailer Naivas supermarket has inked a strategic partnership with Africa’s e-commerce leader and Kenyas number one Jumia, to give consumers a better shopping experience with access to a wide range of products.

Customers or Consumers who will benefit immediately are those within or along Ngong Road, Community Area, Hurlingham, Mbagathi, Kileleshwa and Lavington areas will now be able to order from Naivas Foodmarket (Prestige) on Jumia Food for a wide range of products.

Chief commercial officer has hinted that its a best way to create opportunities and make products delivery easy to customers and that’s the reason they’ve been able to partner with Jumia.

“We want to make fewer trips to the stores and our aim is to serve Kenyans at every possible opportunity by providing a mobile experience that makes it as easy as possible for them to acquire products as quickly as possible at their own convenience,” said Willy Kimani, Chief Commercial Officer, Naivas Foodmarket.

He also added that Today’s online shopper is mobile driven, using mobile to do his/her shopping as its using their smartphones more frequently to place orders.

Willy Kimani, Chief Commercial Officer, Naivas (left) with Kenneth Oyolla, Chief Commercial officer

On the other hand Jumia commercial boss stated that the partneship will assitt and promote a contact-free shopping exprience. “The partnership will enable shoppers a contact-free shopping experience as we ensure that everything the consumer wants is delivered to their doorstep.” said Kenneth Oyolla, Chief Commercial officer, Jumia Kenya.

The partnership will first feature Naivas Food Market at Prestige Plaza along Ng’ong road, before rolling out to its other outlets nationwide. Naivas enjoys a strong market share in the region, with over 70 branches in Kenya as the now the retail giant is banking on its wide variety of products and affordable price offering and its large customer base, to make the online venture successful.

Willy Kimani, Chief Commercial Officer, Naivas (left) with Kenneth Oyolla, Chief Commercial officer

Now its evident that Customers can now begin shopping for Naivas Foodmart in wide range of products on Jumia, through regulary visiting there website or online forum to oder and get the products delivered instantly and friendly through https://www.jumia.co.ke/

September 6, 2021
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August 15, 2021
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August 15, 2021
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August 15, 2021
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August 15, 2021
Undercovers Nabs 50kg Bhang From Busia Bound For Nairobi

NAIROBI, Kenya, Oct 28- Three suspects were Wednesday arrested by detectives from the Directorate of Criminal Investigations (DCI) after they were intercepted at the Nairobi-Nakuru highway ferrying a huge consignment of bhang under the guise of also transporting maize.

Acting on intelligence leads DCI detectives attached at the parklands police station intercepted a Mitsubishi vehicle at Kikopey area.

It is at this point that the occupants, a driver, and two passengers, told the detectives that their vehicle was ferrying a consignment of 100 bags of maize, (90 kg worth) from Uganda allegedly destined for Voi in Taita Taveta county.

But upon, search, it turned out that there was more than they had declared.

“The three suspects were shortly afterward transported to Nairobi to the DCI parklands offices,” a detective privy to the operation told Shahidi News.

Further assessment of the consignment by the detectives confirmed that approximately 19 sacks had been carrying 50kgs worth of Cannabis Sativa, Bhang.

The suspects are in police custody awaiting to be charged in court. The bhang was preserved as an exhibit.

Police have in the past conducted high-level operations along the Nairobi-Nakuru highway as it is a prolific corridor for drug smugglers from within Kenya and neighboring Uganda.

October 28, 2020