This report examines the findings of the Ndung’u
Commission, the subject of renewed debate in light of
recent revelations of politicians’ and well-connected
individuals’ allocations of land in the Mau Forest, one of
Kenya’s largest water catchment areas, with subsequent
activities causing serious damage to the environment.
Revelations on the theft of public lands are contained
in the draft report of the Task Force on the Mau Forest
recently commissioned by the Prime Minister.
Sports is widely recognised as a sector with immense economic value. Over and above
the economic potential are the socio-political benefits of sports for reconciliation and as a
carrier for positive messages on issues such as corruption and HIV/Aids for the youth and
society as a whole.
While Kenya is well known as a sporting nation, this success is not reflected in the football
sector, which has been particularly prone to squabbling and corruption.
Corruption in sports is not new. There are concerns the world over about the lack of transparency
and accountability in sports and the resultant social and economic impact. The risk of corruption
has increased dramatically as commercial influences grow1.
This brief is an extract from a forthcoming AfriCOG report which reviews the
effectiveness of the KACC in the fight against corruption. The brief is published
to mark International Anti-Corruption Day 2009. It discusses the investigation,
prevention of corruption, asset recovery and public education functions of the
KACC.-December 2009
In the wake of the fuel shortage witnessed
in 2008 and following complaints by oil
marketers and financiers, the management
of Kenya Pipeline Company (KPC) ordered
an internal audit of oil stocks in its systems.
The audit revealed that stocks amounting
to 126.4 million litres were irregularly and
illegally released to Triton Petroleum Limited
between November 2007 and November
2008. Triton was not entitled to the stocks,
nor did financiers authorise the release as
required under contractual arrangements
The Fiscal Management Act was enacted by
Parliament as a private bill. The Act is awaiting
Presidential assent pending revisions proposed
by the President. This paper discusses the
contents of the Bill, why the President has
declined to assent to the Bill, the proposed
changes to the Bill and the effect of
implementing these changes.
The ability of an empowered CMA to carry out its supervisory and enforcement
mandate effectively fosters public confidence in the securities industry. An
effective regulator acts in the interest of the public and has processes that are
open and accountable to the public and the regulated entities.
In 2008-2009, AfriCOG responded to a call for stakeholder input into the new
proposed regulations developed by the CMA under the financial and legal sector
technical assistance project. AfriCOG’s response involved a study of the financial
markets, with the capital markets as one of the sectors reviewed.
This report examines the findings of the Ndung’u
Commission, the subject of renewed debate in light of
recent revelations of politicians’ and well-connected
individuals’ allocations of land in the Mau Forest, one of
Kenya’s largest water catchment areas, with subsequent
activities causing serious damage to the environment.
Revelations on the theft of public lands are contained
in the draft report of the Task Force on the Mau Forest
recently commissioned by the Prime Minister.
Sports is widely recognised as a sector with immense economic value. Over and above
the economic potential are the socio-political benefits of sports for reconciliation and as a
carrier for positive messages on issues such as corruption and HIV/Aids for the youth and
society as a whole.
While Kenya is well known as a sporting nation, this success is not reflected in the football
sector, which has been particularly prone to squabbling and corruption.
Corruption in sports is not new. There are concerns the world over about the lack of transparency
and accountability in sports and the resultant social and economic impact. The risk of corruption
has increased dramatically as commercial influences grow1.
This brief is an extract from a forthcoming AfriCOG report which reviews the
effectiveness of the KACC in the fight against corruption. The brief is published
to mark International Anti-Corruption Day 2009. It discusses the investigation,
prevention of corruption, asset recovery and public education functions of the
KACC.-December 2009
In the wake of the fuel shortage witnessed
in 2008 and following complaints by oil
marketers and financiers, the management
of Kenya Pipeline Company (KPC) ordered
an internal audit of oil stocks in its systems.
The audit revealed that stocks amounting
to 126.4 million litres were irregularly and
illegally released to Triton Petroleum Limited
between November 2007 and November
2008. Triton was not entitled to the stocks,
nor did financiers authorise the release as
required under contractual arrangements
The Fiscal Management Act was enacted by
Parliament as a private bill. The Act is awaiting
Presidential assent pending revisions proposed
by the President. This paper discusses the
contents of the Bill, why the President has
declined to assent to the Bill, the proposed
changes to the Bill and the effect of
implementing these changes.
The ability of an empowered CMA to carry out its supervisory and enforcement
mandate effectively fosters public confidence in the securities industry. An
effective regulator acts in the interest of the public and has processes that are
open and accountable to the public and the regulated entities.
In 2008-2009, AfriCOG responded to a call for stakeholder input into the new
proposed regulations developed by the CMA under the financial and legal sector
technical assistance project. AfriCOG’s response involved a study of the financial
markets, with the capital markets as one of the sectors reviewed.
