Committee to review ex-KCC workers’ Sh204.4mn dues claim

NAIROBI, Kenya, Sept 25 - An inter-ministerial committee will be formed to review and resolve ex-KCC workers’ unpaid Sh204.4 million terminal Kenya breaking news | Kenya news today |..
✨ Key Highlights
An inter-ministerial committee has been established in Kenya to address and resolve the outstanding terminal benefits and MAZIWA Sacco dues totaling Sh204.4 million owed to former Kenya Co-operative Creameries (KCC) workers. This decision follows a long-standing dispute that began when KCC was placed under receivership in 1999.
- The committee will verify and validate the claim of Sh204.4 million in unpaid dues by ex-KCC workers.
- Key entities involved include the Ministry of Agriculture and Livestock, the Ministry of Cooperatives, and the National Treasury, as well as the Attorney General’s office.
- The Appellate judges advised the Attorney General to suggest that the Government honor its commitment to pay the claimants, despite New KCC Ltd not being legally liable for the original KCC Ltd's debts.
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The Central Bank of Kenya (CBK) has proposed new regulations that will require credit guarantee companies to maintain a minimum core capital of Sh1 billion, a move aimed at strengthening oversight. Separately, the Kenyan government has implemented a new structured evaluation framework to vet all foreign airline market access requests, moving away from ad hoc approvals to safeguard national interests. To diversify exports, Kenya also launched its inaugural specialty orthodox tea auction in Mombasa, which aims to boost the country's orthodox tea production and international trade. Additionally, an inter-ministerial committee has been established to resolve the outstanding terminal benefits and MAZIWA Sacco dues totaling Sh204.4 million owed to former Kenya Co-operative Creameries (KCC) workers from a dispute that began in 1999.