Kenya setting up emissions trading market, says Ukur Yatani
Tuesday May 11 2021
By REUTERS
Summary
Emissions trading is a pollution control mechanism where a central authority issues a limited number of permits for the release of specific greenhouse gases.
Kenya says it aims to achieve a net-zero carbon neutral economy by 2050.
Kenya aims to set up an emissions trading system that will allow companies and other bodies to buy emissions allowances, Treasury said on Tuesday, as the country strives to limit the release of greenhouse gases.
Emissions trading is a pollution control mechanism where a central authority issues a limited number of permits for the release of specific greenhouse gases. Companies can then buy these permits and also trade them.
Agency must release the official statistics on time
Monday May 10 2021
By BUSINESS DAILY
Summary
The delayed release of critical reports by the Kenya National Bureau of Statistics (KNBS) is hurting the economy in many ways.
The statistics agency has delayed release of Kenya’s annual Economic Survey that was to reveal the full extent of damage inflicted on the economy and the jobs market during Covid-19 disruptions.
The delayed release of critical reports by the Kenya National Bureau of Statistics (KNBS) is hurting the economy in many ways.
First, the reports guide government and international partners in policy making and assessing the impact of various programmes.
THE STANDARD
BUSINESS NEWS
Treasury CS Ukur Yatani (R) at a past economic survey report event (PHOTO: Wilberforce Okwiri)
NAIROBI, KENYA: Economic survey report will not be released on time, Kenya National Bureau of Statistics (KNBS) has said.
In a notice, KNBS says the delay has been occasioned by the late submission of necessary data by respondents for the compilation of the report as a result of Covid-19 related challenges.
“The report will be disseminated at the earliest opportunity once the process is completed,” said Macdonald Obudho, Director General, Kenya National Bureau of Statistics.
The Economic Survey report is an annual publication prepared by the Kenya National Bureau of Statistics that provides socio-economic information covering five years.
Delayed release of annual economic survey keeps investors guessing
Friday May 07 2021
By CONSTANT MUNDA
Summary
The statistics agency has delayed release of Kenya’s annual economic survey that was to reveal the full extent of damage inflicted on the economy and the jobs market during Covid-19 lockdown.
Typically the report is released in late April or early May and was to capture economic conditions in year a when Kenya imposed restrictions like travel ban, night curfew, closure of schools and night clubs to curb coronavirus.
The statistics agency has delayed release of Kenya’s annual economic survey that was to reveal the full extent of damage inflicted on the economy and the jobs market during Covid-19 lockdown.