Supreme Court on Divorce: No 50:50 Wealth Splits, Leave With What You Acquired Individually
The bone of contention was whether assets in divorce cases should be distributed on a 50-50 basis or on the basis of individual contributions to their acquisition. Article 45(3) of the constitution does not state distribution should be on a 50:50 basis or provide a mathematical formula of sharing matrimonial property.
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One Town One Bar: Storm Over Rigathi’s Alcoholism Proposal
Gachagua is pushing county governments in the Mt. Kenya region to cut the number of the entertainment joints whose licenses allow them to operate late into the night, as opposed to regular bar licenses requiring them to close at 11 pm.
Supreme Court on Divorce: No 50:50 Wealth Splits, Leave With What You Acquired Individually
The bone of contention was whether assets in divorce cases should be distributed on a 50-50 basis or on the basis of individual contributions to their acquisition. Article 45(3) of the constitution does not state distribution should be on a 50:50 basis or provide a mathematical formula of sharing matrimonial property.
EABL Records Kshs 8.7 Billion Profit For Half Year Ended December 2022
East African Breweries PLC (EABL) has reported Ksh57.3 billion in net sales for the half year ended December 31, 2022, representing a 4 percent...
George Odhiambo Takes Over as National Bank MD
Odhiambo was appointed Managing Director of KCB Bank Rwanda in 2017, and in April 2022 took charge of BPR Bank Rwanda Plc - the entity resulting from the merger of KCB Rwanda and Banque Populaire du Rwanda (BPR).
Family Bank Sets Aside Ksh60 Million For 2023 High School Scholarships
302 bright but needy students have received scholarships through Tufuzu na Elimuprogramme by the Family Group Foundation.
The Foundation set aside Ksh60 million to cater for tuition,...
KenGen’s Billion-Shilling Dividend Boom For Shareholders
KenGen Dividend: Kenya Electricity Generating Company PLC (KenGen) will pay a total of Ksh1.32 billion in dividends to its shareholders for the year ending 30 June, 2022.
Safaricom Taps Lawyer Adil Khawaja To Chair The Board
Adil Arshed Khawaja (MBS) has been elected as the Chairman of the Safaricom board effective Thursday, January 26, 2023. Khawaja is an Advocate of the...
DStv Customers Get a Lift To More Exciting Content
DStv customers can still watch content on higher package with an extended and boosted Step Up offer.
GOtv Launches Step-Up Campaign For Its Customers
Even with the end of the festive season and the setting in of the new year responsibilities, GOtv customers still have reason to celebrate as more entertainment comes their way.
Fake Journalists Rock The Boat In Kenya’s Media Industry
After watching in silence for a long time, the Media Council of Kenya (MCK) is moving to address the ever-presence nuisance of people masquerading as journalists who throng news events, giving journalism a bad name.
Naivasha Man Turns Overnight Millionaire After Placing Sh45 Bet On Odibets
A lucky man in Naivasha, Nakuru County is the latest millionaire in town after winning Ksh1.6 million on Odibets. Mr Martin Wafula, who works...
KCB Appoints New Rwanda Managing Director
Mutesi replaces George Odhiambo who, according to the company, will be assigned other duties within the Kenya Commercial Bank (KCB) Group. Odhiambo was appointed MD of KCB Bank Rwanda in 2017, and took charge of the merged entity, BPR Bank Rwanda, in April 2022.
Tullow Oil To Invest Ksh1.24B In Appraisal Engagements In Kenya
Global independent oil and gas, exploration and production firm Tullow Oil Plc has reiterated its commitment to scale up the development of Project Oil...
Samsung’s Device Solutions Division Obtains ISO Certification
Samsung Electronics Co. has announced that its Device Solutions (DS) Division attained the ISO 22301 Certificate, the international standard for Business Continuity Management System...
Former SRC Boss Sarah Serem Takes Over As Postbank Chairperson
Postbank has appointed Ambassador Sarah Serem as the chairperson of the bank’s board of directors for the next three years with effect from 13th January, 2023.
Hustler Fund Is Increasing Loan Limits – On One Condition
The government is looking to partner up with saccos for disbursement of the funds to eligible borrowers as the Hustler Fund enters its second phase.