Luke Anami

Kenya, Nairobi

Financial Journalist at The Standard (Kenya)

Financial Journalist at The East African, Nation Media Group. Nairobi

Articles

Why Kenya risks censure by global labour body over rising deductions

2 weeks ago | nation.africa | Luke Anami

As Kenyans mark this year’s Labour Day, concerns are growing majority of salaried workers are taking home less than a third of their net salaries due to new statutory deductions in contravention of local and international labour laws. Under Kenya’s employment laws, an employer cannot deduct more than two-thirds of an employee's basic pay in a single month, a rule designed to protect employees by ensuring they have sufficient income for basic needs after deductions to support a decent living.
Broke EAC grapples with financial and staffing crisis

2 weeks ago | zawya.com | Luke Anami

The Council of Ministers of the East African Community (EAC) met in Arusha this week, amid a looming crisis blamed on an acute shortage of money for programmes and staff salaries, which are threatening to ground operations at the secretariat. The Council, while announcing the latest Arusha retreat, admitted that the cash crunch was one of the top agendas. Another one was security. Efforts to have the partner states remit their annual budget obligations have been disheartening.
China’s delight as Uncle Sam’s once-favourite Ruto comes calling

3 weeks ago | nation.africa | Aggrey Mutambo |Luke Anami

What you need to know:Beijing on Thursday confirmed the state visit scheduled for April 22-26, “at the invitation of Chinese President Xi Jinping.” Kenya seeks to implement a memorandum on public-private partnerships (PPP) it signed with the China-Africa Development Fund. President William Ruto returns to Beijing for the third time, seeking the ultimate Chinese buy-in for his pet infrastructure projects, and trade options in the face of US tariffs.
Kenya’s EPZs outlook bleak as job losses loom on Agoa uncertainty

4 weeks ago | zawya.com | Luke Anami

Workers at Kenya’s Export Processing Zones (EPZ) are facing job losses due to the Trump tariffs, which potentially override the African Growth and Opportunity Act (Agoa), under which they operate.
How EAC regional tariff is causing discomfort

1 month ago | businessdailyafrica.com | Luke Anami

A row between the US and Kenya over maize imports has rekindled the challenges of a binding standard tariff that guides trade within the East African Community (EAC) bloc. On Monday, US Trade Representative Jamieson Greer cited Kenya‚Äôs maize import market conditions among unfair trade practices American exporters face, refocusing the spotlight on the EAC Common External Tariff (CET).
Inside manufacturers’ wish list to revive limping sector

1 month ago | nation.africa | Luke Anami

Goods makers in Kenya are asking for a stable and predictable policy, timely tax refunds, strict adherence to regional tax structure, and an economic stimulus plan to inject growth in a sector that grew by a lower 3.2 per cent in 2024. The Kenya Manufacturers Association (KAM) said the sector’s growth potential remains stifled by a bad business environment.
Kenyan to head association of Comesa energy regulators

1 month ago | businessdailyafrica.com | Luke Anami

A Kenyan has been appointed to head an association of energy sector regulators from the 24-member State Common Market for Eastern and Southern Africa (Comesa). Geoffrey Aori Mabea was last week appointed as the chief executive of the Regional Association of Energy Regulators for Eastern and Southern Africa (ERESA).
Africa: Region struggling to market its oil and gas projects to investors

1 month ago | zawya.com | Luke Anami |Julius Barigaba

Tanzania’s efforts to lure investors to its upstream oil and gas prospects have received lukewarm reception over the past four years, raising concerns even as peers in the region auction more blocks. And as the country prepares to auction 26 offshore blocks in May, some energy experts are blaming snail pace progress on the $42 billion Liquefied Natural Gas (LNG) project for hindering new exploration ventures.
Leaders schedule another EAC-SADC meeting over Congo crisis

1 month ago | monitor.co.ug | Luke Anami

What you need to know:To date, none of the conditions that the EAC-SADC gave out on 8th in Dar es Salaam have been implemented Leaders from two blocs of the Great Lakes region are scheduled for a meeting on Sunday, and Monday, for the second time in a month, to attempt a permanent solution to the crisis in the Democratic Republic of Congo. The ministers from the East African Community (EAC) and the Southern African Development Community (SADC) represent two blocs to which the DRC belongs.
Congo crisis: Leaders schedule another EAC-SADC meeting

2 months ago | nation.africa | Luke Anami

Leaders from two blocs of the Great Lakes region are scheduled for a meeting on Sunday, and Monday, for the second time in a month, in an effort to find a permanent solution to the crisis in the Democratic Republic of Congo. The ministers from the East African Community (EAC) and the Southern African Development Community (SADC) represent two blocs to which the DRC belongs. They have both attempted military means and it wasn’t successful to end the war between M23 rebels and Congolese forces.