“Commercial Awareness Is Global.”
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By Charles Wanguhu While population grows and we continue to run out of spaces to live, it may be taken as positive news that the internet will always have space for a billion more . The launch of a new Internet Protocol (IP) standard called IPv6 will overhaul the Internet and increase the number of unique addresses to 340 undecillion… Continue reading "Internet grows by 79 Octillion"
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By Charles Wanguhu Kenya currently risks being black listed by the OECD Financial Action Task Force (FATF) as a jurisdiction with key deficiencies in the control against money laundering. The other two countries on the list: the People’s Republic of North Korea and Iran. The Financial Action Task Force (FATF) is an inter-governmental body tasked with the development and promotion… Continue reading "Regulatory deficiencies impacting on Anti Money Laundering measures"
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Fuel... If not the high cost of it, it's the effect on the economy and inflation, if not that then lately it has been the lack of it.
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By Charles Wanguhu A proposed toll road in Nairobi has fallen through after the World Bank withheld funding after claims that the project did not adhere to the Banks social and environmental safeguards, and Kenyan laws, including land acquisition. Kenya was to work with Austrian construction firm Strabag AG which has previous experience of road construction especially interior of Kenya.… Continue reading "Battle for Africa Continues"
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By Charles Wanguhu The Alien Tort Claims Act was adopted in 1789 as part of the original Judiciary Act. The Alien Tort Claims Act (ATCA) allows foreign victims of human rights abuses to sue perpetrators in United States courts. In a recent development in Kiobel v. Royal Dutch Shell, the the 2nd U.S. Circuit Court of Appeals rejected outright… Continue reading "The Death of Alien torts ?"
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By Charles Wanguhu Well with Ash rising over European skies causing all kinds of travel chaos, it is quite suprising and hard to fathom the impact of one volcano is having on the continent of europe and over its neighbours. At the Jomo Kenyatta International Airport in Nairobi a stink has engulfed the main cargo centre where once freshly cut flowers… Continue reading "Interconnectivity of Continents"
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By Charles Wanguhu Churches are once again taking the lead in ethical investing. A short while ago I wrote about the catholic church pulling out of a fund which was found to have investments in defense, contraception and other companies contrary to the catholic faith. Consequently the Church of England has sold its £3.8 million stake in Vedanta Resources,… Continue reading "Ethical investing vs. Shareholder activism"
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By Charles Wanguhu A lot of column inches have been taken up trying to dissect the emerging Sino-African relations. In Africa more and more Chinese goods as well as people are visible. The Africa -West relationship has been largely characterized as an aid relationship or “carrot stick diplomacy”. Experimental policies such as the structural adjustment programmes have been imposed… Continue reading "China and Africa"
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By Charles Wanguhu The caveat emptor rule dictates that an individual seeking to purchase land should ensure that he is dealing with the rightful owner. Therefore upon inspection of the register kept at the ministry of lands, an individual seeking to ensure the ownership of land would request the registrar for an official confirmation of search, the advantage of the… Continue reading "Indefeasibility of title? Not that indefeasible in Kenya?"
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By Charles Wanguhu In the current financial crisis the role of offshore havens have been placed in the spotlight and quite rightly so. The lack of transparency in their dealings has meant that these centres have not only been used for tax evasion, money laundering, but also as bases for special purpose entities. The role of British offshore havens has… Continue reading "Will the real Leeds owners please stand up?"