Sirikali News: Kenya President's salary Basic salary Sh866,000 House allowance Sh350,000 Market adjustment Sh227,000 TOTAL: Sh1,443,000

Sanyatti

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680 Hotel in Nairobi CBD has been sold for Sh1.2 billion. It has 680 rooms and was making Sh213 million annually in 2018



The Salaries and Remuneration Commission (SRC) has scrapped plenary sitting allowances for MCAs and MPs. MPs earn about Sh5000 for every sitting. The move could save taxpayers Sh1 billion annually.



Committee sitting allowances for lawmakers have been capped at Sh120,000 per month while those for chairpersons and vice-chairpersons have been capped at Sh192,000 and Sh240,000 per month.



China and US President had a 2 hours and 15 mins call earlier today.



China President Xi told US President: On Taiwan issue, those who play with fire will get burned.



Central Bank of Kenya says Flutterwave and Chipper Cash should NOT be operating in Kenya as they are not licensed as remittance providers or payment service providers.

Flutterwave accounts were recently frozen over money laundering and fraud allegations.



Absa bank is set to invest Sh2 billion this year on digital starting with an online account opening platform. The bank invested Sh1.6 billion last year on a WhatsApp virtual assistant and automated loan top-ups and cash deposits.



Kenya President's salary Basic salary Sh866,000 House allowance Sh350,000 Market adjustment Sh227,000 TOTAL: Sh1,443,000



Kenya Deputy President's salary Basic salary Sh736,000 House allowance Sh300,000 Market adjustment Sh191,000 TOTAL: Sh1.22 million



Kenyan Member of Parliament's monthly pay: Basic salary Sh426,000 House allowance Sh150,000 Market adjustment Sh134,000 TOTAL: Sh710,000
 
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