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Kenya

Monday morning business brief

The delegates will deliberate how the government can finance and deliver 500,000 affordable houses in five years. 

NAIROBI, Kenya, Oct 15 – The second urban dialogue on delivering the affordable housing agenda is expected to kick off in Nairobi today.

The two-day forum brings together industry stakeholders among them the Cabinet Secretary for Transport, Infrastructure, Housing and Urban Development James Macharia and Housing Principal Secretary Charles Mwaura.

Delegates, including Sheila Kamunyori, Urban Specialist at the World Bank and Ines da Silva, former Minister of Cities in Brazil, will deliberate on how the government can finance and deliver 500,000 affordable houses in five years.

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Kenya Revenue Authority will host the fourth Annual Tax summit this week.

The three-day event will be held under the theme, ‘accelerating socio-economic transformation in Kenya: Tax Base Expansion to enable the Big Four Agenda’.

Issues up for discussion will include expanding the revenue base through a robust intra-Africa trade, taxation in a digital economy, netting the informal sector and exploring new frontiers for revenue administration among other tax and revenue measures.

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Google is announcing a number of innovations built for the East Africa region showing how they can collaborate to accelerating the digital transformation of Kenya.

The internet giant will also reveal the initiatives by Google to help empower Kenyans to capitalise on the digital economy.

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Winners of the Google Impact Challenge – $2m will be awarded to 4 winners and 8 runners-up in Kenya, Nigeria and South Africa

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Securing a Brexit deal will be vital for European security, British Foreign Secretary Jeremy Hunt said Monday, ahead of a week of crucial talks.

“The importance of achieving a Brexit deal that respects the autonomy of the EU and the sovereignty of the UK cannot be overstated,” he said.

“And delivering this is vital for our security too because economic relations sit at the heart of all our partnerships including the vital security alliances we have with our friends in Europe.”

His statement comes ahead of a week in which British Prime Minister Theresa May will be taking her proposal for a Brexit deal to an EU summit in Brussels.

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