The appointment comes at a time when the country, and the industry, are grappling with the effects of the Covid-19 pandemic, and the insurance sector has been put in the spotlight for its role in cushioning businesses.
Speaking at the AGM, Mwangi re-iterated his commitment to advancing consumer rights, as well as working towards ensuring continued cohesion between sector players. He noted the challenges facing the insurance sector, and more specific legal and regulatory challenges affecting the insurance and insurance broking business in Kenya.
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“A key focus area for the new board is working with the stakeholders to address issues such as the NHIF Bill, aspects of the BBI, and the Tax Laws (Amendment) Act 2020, that would have adverse effects on the insurance sector,” Mwangi noted.
Anthony Mwangi appointed Chairperson of the Association of Insurance Brokers of Kenya hapakenya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hapakenya.com Daily Mail and Mail on Sunday newspapers.
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Whatever is happening underneath the Rift Valley has continued to intrigue scientists eager to understand why some of its lakes are overflowing while others are drying up .
While no scientific study has yet been published explaining the recent increase in water levels, there has been no doubt that an activity deep into the earth’s crust could be triggering this overflow aided, perhaps partially, by human activities.
Read: Reptiles find shelter on rooftops as Rift Valley lakes flood
The affected lakes include Turkana in the north, which is overflowing, and Magadi in the South, which is drying up. The unprecedented increase in water levels has also been witnessed in the freshwater lakes of Naivasha and Baringo and the saline lakes of Elmentaita, Nakuru, Bogoria and Logipi.
Dairy farmers find pricing glory in co-operative front
Tuesday December 15 2020
Members of Kapng’etuny Dairies Self-help group deliver milk at the cooperative society in Ainabkoi, Uasin Gishu County. PHOTO | STANLEY KIMUGE | NMG
By Stanley Kimuge
Summary
Started in 2013, the Kapng’etuny Dairies Self-help group with 20 members, the group has grown tremendously to 243 members.
Last August, the group sold 44,725 litres worth Sh1.3 million compared to 32,441 litres worth Sh970,000 last year in the same period.
Their future plan is to diversify and venture into value addition and make products such as yoghurt and cheese.
For many years, dairy farmers have been grappling with a lack of market for their produce, exposing them to unscrupulous brokers who buy their raw milk at throw-away prices and make a killing in major towns.