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Inflation. 5.1%. Source. Kenya National Bureau of Statistics, as of June 2010. The shilling ( Swahili: shilingi; abbreviation: KSh; ISO code: KES) is the currency of Kenya. It is divided into 100 cents. The Central Bank of Kenya Act cap 491, mandated the printing and minting of the Kenyan shilling currency.
Government procurement or public procurement is the procurement of goods, services and works on behalf of a public authority, such as a government agency. Amounting to 12 percent of global GDP in 2018, [1] government procurement accounts for a substantial part of the global economy. To prevent fraud, waste, corruption, or local protectionism ...
History. On 27 September 2022, President William Ruto issued and signed a Presidential executive order establishing the office of the Prime Cabinet Secretary of the Republic of Kenya, [2] [3] and nominated Musalia Mudavadi to the position. [2] During President Ruto's live address to the nation, he stated that the Office of the Prime Cabinet ...
Kenya's independence on the midnight of 12 December 1963 was an enormous milestone. On independence, the Kenyan Parliament created the Kenya Military Forces (KMF) through the KMF Act 1963. Thus 3 KAR, 5 KAR, and 11 KAR became 3 Kenya Rifles, 5 Kenya Rifles, and 11 Kenya Rifles respectively.
In May 2017, Kenyan President Uhuru Kenyatta called the 470 km railway a new chapter that "would begin to reshape the story of Kenya for the next 100 years". The project is seen as President Kenyatta's legacy project [26] According to Kenya Railways Corporation , the railway carried 1.3 million Kenyans with a 96.7% seat occupancy and 600,000 ...
Kenya Economic Stimulus Programme. The Economic Stimulus Programme (ESP) was a spending plan initiated by the Government of Kenya to boost economic growth and lead the Kenyan economy out of the 2007–2008 Kenyan crisis and the Great Recession. [1] It was introduced in the 2009/2010 Budget Speech [2] in parliament by Finance Minister Uhuru ...
In June 2000, the company changed its name to Kenya Tea Development Agency Holdings Limited (KTDA (H) Ltd) in line with the recommendations made by a Government constituted tea industry task force of 2007. It is a public limited liability company owned by 54 corporate shareholders, who are KTDA’s affiliated tea-producing factories.
The Kenya Navy is the naval branch of the Kenya Defence Forces. It is headquartered in Mombasa . Kenya Navy has two major bases for its fleet with it being headquartered in Mtongwe Naval Base, Mombasa and Manda Bay (part of Lamu Archipelago) being the second naval base. [1] The navy also operates naval stations in Shimoni, Msambweni, Malindi ...