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The Government of Kenya enacted the Insurance Act Kenya CAP 487 in 1985 [1] with the aim of localizing regulation of the insurance business. The newly-enacted legislation established the Department of Insurance within the Ministry of the National Treasury and Planning , headed by a Commissioner of Insurance, to supervise the insurance sector.
The Authority’s current 5th Strategic Plan 2023-2027 is aligned with the Bottom Economic Transformation Agenda (BETA); 4th Medium Term Plan 2023-2027; Kenya National Digital Master Plan 2022-2023; Kenya Vision 2030; East African Community (EAC) Vision 20250; Agenda 2063 – The Africa We Want; and the 2030 Agenda for Sustainable Development.
The authority also promotes ICT literacy, capacity, innovation and enterprise in line with the Kenya National ICT Masterplan 2017. [ 1 ] The ICTA is a consolidation of three previously separate government agencies; the Information and Communication Technology Board of Kenya (ICT Board), the e-Government Directorate and the Government ...
KEMSA was established as a state corporation under Cap 446,through the Kenya Medical Supplies Agency Order 2000 (Legal Notice No.17 of 11 February 2000). [3] [4] It plays the role of procuring, storing and distributing health commodities for the public sector. [5] The strengthening of KEMSA has been identified as a key project of Kenya's Vision ...
OpenProcurement consists of a Centralized database (CDB) and the API through which specialized electronic platforms can interact with the CDB and module auctions. [5] Third-party web platforms (web platforms, which implement components of the e-procurement system, and give access to purchasing organizations, vendors, and ordinary visitors) interact with CDB using OpenProcurement API and ...
Nairobi, Nairobi County, Kenya: Founded: 1954; 71 years ago () Key people: Kiprono Kittony - Chairman Frank Mwiti - CEO: Currency: Kenyan shilling: No. of listings: 65 [1] Market cap: KSh. 1,807.88 Billion/= 25 October 2024 [2] Volume: 5.8 billion units [3] (2016) 6.8 billion units (2015) Indices: NSE All Share Index NSE 20 Share Index FTSE NSE ...
The Capital Markets Authority of Kenya (CMA) is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediaries, including the stock exchange, and the central depository and settlement system and all other persons licensed under the Capital Markets Act of Kenya.
As of December 2018, data from the Communications Authority of Kenya showed that Equitel was the second-biggest mobile-money transfer service in Kenya with over 2.075 million subscribers. During this period, they transacted a total of Ksh467.2 billion ($4.25 billion). This value was 22.04% of Kenya’s mobile money transactions. [12]