Eric Kotut
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Eric Kotut
Eric Kotut is a Kenyan businessman who was the fourth Central Bank governor, holding office from 1988 to 1993. He was appointed to the position because of his father's relationship with the then president of Kenya, Daniel arap Moi, as they went to the same church. He presided over the Goldenberg scandal that cost Kenya more than 10% of its annual GDP. He succeeded in having his name struck out of the Bosire Report on the Goldenberg scandal by the High Court of Kenya The High Court of Kenya is a court of unlimited original jurisdiction in criminal and civil matters established under article 165 of the constitution of Kenya The Constitution of Kenya is the supreme lawof the Republic of Kenya. There have b ... in 2008. References Governors of the Central Bank of Kenya Kenyan businesspeople Living people Year of birth missing (living people) {{Africa-business-bio-stub ...
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Central Bank Of Kenya
The Central Bank of Kenya (CBK) ( sw, Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Patrick Ngugi Njoroge is current Governor of CBK and Sheila M’Mbijjewe is the Deputy Governor. Organizational structure Management The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson. Governor The current governor of the bank is Patrick Ngugi Njoroge. Former governors of the Bank are: * Prof. Njuguna Ndung'u (March 2007 – March 2015) * Dr. Andrew Mullei (March 2003 – March 2007) * Nahashon Nyagah (April 2001 – March 2003) * Micah Cheserem (July 1993 – April 2001) * Eric Cheruiyot Kotut (January 1988 – July 1993) * ...
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Daniel Arap Moi
Daniel Toroitich arap Moi ( ; 2 September 1924 – 4 February 2020) was a Kenyan politician who served as the second president of Kenya from 1978 to 2002. He was the country's longest-serving president. Moi previously served as the third vice president of Kenya from 1967 to 1978 under President Jomo Kenyatta, becoming president following the latter's death. Born into the Tugen sub-group of the Kalenjin people in the Kenyan Rift Valley, Moi studied as a boy at the Africa Inland Mission school before training as a teacher at the Tambach teachers training college, working in that profession until 1955. He then entered politics and was elected a member of the Legislative Council for Rift Valley. As independence approached, Moi joined the Kenyan delegation which travelled to London for the Lancaster House Conferences, where the country's first post-independence constitution was drafted. In 1960 he founded the Kenya African Democratic Union (KADU) as a rival party to Kenyatta's K ...
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Goldenberg Scandal
The Goldenberg scandal was a political scandal where the Kenyan government was found to have subsidised exports of gold far beyond standard arrangements during the 1990s, by paying the company Goldenberg International 35% more (in Kenyan shillings) than their foreign currency earnings. Although it notionally appears that the scheme was intended to earn hard currency for the country, it is estimated to have cost Kenya the equivalent of more than 10% of the country's annual gross domestic product, and it is possible that no or minimal amounts of gold were actually exported. The scandal appears to have involved political corruption at the highest levels of the government of Daniel Arap Moi. Officials in the former government of Mwai Kibaki have also been implicated. Background Similar to most countries, Kenya encourages international trade by granting tax-free status to commercial enterprises involved in the export of goods and sometimes subsidises these exports. The Goldenberg sca ...
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Bosire Report
The Goldenberg scandal was a political scandal where the Kenyan government was found to have subsidised exports of gold far beyond standard arrangements during the 1990s, by paying the company Goldenberg International 35% more (in Kenyan shillings) than their foreign currency earnings. Although it notionally appears that the scheme was intended to earn hard currency for the country, it is estimated to have cost Kenya the equivalent of more than 10% of the country's annual gross domestic product, and it is possible that no or minimal amounts of gold were actually exported. The scandal appears to have involved political corruption at the highest levels of the government of Daniel Arap Moi. Officials in the former government of Mwai Kibaki have also been implicated. Background Similar to most countries, Kenya encourages international trade by granting tax-free status to commercial enterprises involved in the export of goods and sometimes subsidises these exports. The Goldenberg sc ...
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High Court Of Kenya
The High Court of Kenya is a court of unlimited original jurisdiction in criminal and civil matters established under article 165 of the constitution of Kenya The Constitution of Kenya is the supreme lawof the Republic of Kenya. There have been three significant versions of the constitution, with the most recent redraft being enabled in 2010. The 2010 edition replaced the 1963 independence constitu .... It also has supervisory jurisdiction over all other subordinate courts and any other persons, body or authority exercising a judicial or quasi-judicial function. It was known as the Supreme Court of Kenya until 1964 and its name has remain unchanged since then. Jurisdiction The High Court has the following jurisdiction: * unlimited original jurisdiction in criminal and civil matters; * jurisdiction to determine the question whether a right or fundamental freedom in the Bill of Rights has been denied, violated, infringed or threatened; * jurisdiction to hear an appeal from ...
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Governors Of The Central Bank Of Kenya
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin wo ...
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Kenyan Businesspeople
) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , official_languages = Constitution (2009) Art. 7 ational, official and other languages"(1) The national language of the Republic is Swahili. (2) The official languages of the Republic are Swahili and English. (3) The State shall–-–- (a) promote and protect the diversity of language of the people of Kenya; and (b) promote the development and use of indigenous languages, Kenyan Sign language, Braille and other communication formats and technologies accessible to persons with disabilities." , languages_type = National language , languages = Swahili , ethnic_groups = , ethnic_groups_year = 2019 census , religion = , religion_year = 2019 census , demonym = ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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