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The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. [ 2 ]
The Social Health Authority (SHA) is a State Corporation of the Government of Kenya that is responsible for the provision and management of public health insurance within the Republic of Kenya. [1] The core business and mandate of the SHA is to provide accessible, affordable, sustainable and quality health insurance for all Kenyan citizens, and ...
The international poverty rate used by the World Bank is used in the following list. The estimates can therefore differ from other estimates, like the national poverty rate. Poverty is a significant problem in Kenya. According to estimates by Oxfam, the richest 0.1 percent in Kenya own more wealth than the bottom 99.9%. [1]
Kenya is a lower middle income economy, with Kenya's GDP hitting $150 billion as of 2024. This is due to increasing technology innovation services. Although Kenya's economy is the largest and most developed in eastern and Central Africa, 16.3% (2023/2024) of its population lives below the international poverty line. [1]
The 2010 maternal mortality rate per 100,000 births for Kenya is 530. This is compared with 413.4 in 2008 and 452.3 in 1990. The under-5 mortality rate, per 1,000 births is 86 and the neonatal mortality as a percentage of under-5's mortality is 33.
National Social Security Fund (Kenya) National Social Security Fund (Tanzania) National Social Security Fund (Uganda) The National Social Security Fund that is managed by National Council for Social Security Fund - China
Kenya's taxation system covers income tax, value-added tax, customs and excise duty.The regulations are governed by independent legislators that govern the taxation system, the main legislator, the Kenya Revenue Authority (KRA) has different sections that deal with the above taxes while also having the authority to undertake reviews on various companies and corporations.
In December 2017, NSSF Kenya, the owners of the owners of the building, evicted Nakumatt from the development, for non-payment of rent, with arrears amounting to KSh73 million (approx. US$730,000). [9] In January 2020, the high rise completion was valued at a total investment of KSh4,095,862,434 (approx. US$41 million), for the 15-storey structure.