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Nairobi, October 28, 2010Cabinet brief
The Cabinet has today approved a supplementary budget estimate of Kshs 3.5 Billion to finance the implementation of the new constitution, during the current financial year.
Meeting under the Chairmanship of President Mwai Kibaki at State House Nairobi, the Cabinet noted that the funds were required to allow smooth implementation of the new constitutional order.
Cabinet also approved for submission to parliament, two bills intended to modernize the laws relating to partnerships.
The two bills are:
1. The Partnership Bill 2010
2. The Limited Liability Bill 2010
Todays meeting also approved the establishment of the Africa Media Initiative in Kenya.
The Initiative will serve as a point of contact for international bodies and investors interested in African media. It will also serve as a focal point of relations between various Africa media stakeholders and other external partners.
©2010 State House, Nairobi Kenya