The Treasury has given the Kenya Planters' Co-operative Union (KPCU) a target of Sh5 billion sales by June next year, marking a reversal of an initial plan to liquidate the coffee organisation.
The target is to double the amount marketed in the following year to Sh10 billion and raise it again to Sh20 billion by June 2023, according to budget documents release to Parliament last week.
All transactions for the month of May should be completed and posted in the Financial Management system of the University by above date to allow consolidation of accounts and preparation of the Monthly report for submission to the Management by 5th May 2020.
Economies and global markets have entered into a period of extreme volatility, and productivity across all sectors has fallen significantly except for medical products such as ventilators, test kits and face masks.
In Kenya, the insurance industry is amongst the sectors reeling from virus-induced shocks. Businesses will continue to feel the pinch as a direct result of the Covid-19 Pandemic. As a matter of policy, majority of insurers and reinsurers do not cover pandemic risks but expect to see an upsurge in claims that are indirectly related to the pandemic.
