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    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Secret plan to reinstate former Nairobi Governor revealed

    Secret plan to reinstate former Nairobi Governor revealed

    Oil price rises 1% on U.S. stimulus hopes, supply concerns

    JKIAs’ Digital Health Screening cut time to 15 minutes

    JKIAs’ Digital Health Screening cut time to 15 minutes

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

  • Markets
    Rental yields shrink in 2nd Quarter of 2020 – Cytonn Report

    CMA names Cytonn Money Market Fund among the best in Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Kenya Power launch new electricity meters

    Kenya Power launch new electricity meters

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Kenya Airways Suspends flights to France

    Kenya Airways Suspends flights to France

    Nokia launches low cost smartphones for the Kenyan market

    Nokia launches low cost smartphones for the Kenyan market

    Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

    Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

  • Real Estate
    OP-ED: Affordable housing will decongest slums and cushion the poor from pandemics

    Kenya’s real estate to remain neutral in 2021 – Report

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    National Bank and Octagon ink 100 billion service partnership

    National Bank and Octagon ink 100 billion service partnership

    Real Estate: Cytonn invites bids for this 4 acre piece of prime land in Kilimani

    Mizizi Africa Homes voted best low cost housing developer 2020

    Mizizi Africa Homes voted best low cost housing developer 2020

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    32% of Kenyans to change houses over Covid-19

    32% of Kenyans to change houses over Covid-19

    Kenyan Firm awarded Most Innovative Community Developer 

    Cytonn Real Estate completes The Alma Phase 3; 120 units set for handover

  • Tech
    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Nokia launches low cost smartphones for the Kenyan market

    Nokia launches low cost smartphones for the Kenyan market

    LG unveils premium monitors

    LG unveils premium monitors

    Pesalink appoints Gituku Kirika as CEO

    Pesalink appoints Gituku Kirika as CEO

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    realme C12 and 7i now Available In Kenya

    2021: realme to release more smartphone in Kenya

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    Celebrated US broadcaster Larry King has died at the age of 87

    Celebrated US broadcaster Larry King has died at the age of 87

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Twitter CEO finally breaks silence about banning US President Donald Trump from the platform

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Trump threatens to slash US funding to World Health Organization

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    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    Boeing’s 737 Max Cleared to Fly in the US After Crashes

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    Guinness forced to recall contaminated brand

    Guinness forced to recall contaminated brand

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

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    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Technology at the center of Metropolitan National Sacco transformation

    Savings: Here’s how to join Metropolitan Sacco

    Mary Mulili takes charge at UBA Kenya

    Mary Mulili takes charge at UBA Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Family Bank voted best bank in customer relations

    Family Bank voted best bank in customer relations

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

    • Agribusiness
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      Technology at the center of Metropolitan National Sacco transformation

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      Mary Mulili takes charge at UBA Kenya

      Mary Mulili takes charge at UBA Kenya

      Family Bank voted best bank in customer relations

      Family Bank voted best bank in customer relations

      Was KCB bank hacked?

      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      KCB, MoH and Kazi kwa vijana biggest advertisers in the past 5 months

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      ‘Beware of fake currency’, CBK Warns

      Diaspora remittances rose by 11 per cent to Sh341 billion in 2020 – CBK

      6.5 million register new mobile money accounts in 2020 -CBK

      6.5 million register new mobile money accounts in 2020 -CBK

      SIB banks’ foreign investment arm records mild drop in returns

      SIB banks’ foreign investment arm records mild drop in returns

    • Insurance
      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      ICEA Lion Life appoints a new CEO

      ICEA Lion Life appoints a new CEO

      Exposed: Insurance Company on The Spot for Fruatrating clients

      Exposed: Insurance Company on The Spot for Fruatrating clients

      Octagon feted in 2020 World Pension Summit Innovation Awards

      Octagon feted in 2020 World Pension Summit Innovation Awards

      What do you need to know before purchasing car insurance?

      What do you need to know before purchasing car insurance?

      National Bank of Kenya Bags Global Recognition

      National Bank of Kenya Bags Global Recognition

      DIB Awarded Best Islamic Bank in Kenya

      DIB Awarded Best Islamic Bank in Kenya

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      20 out of 56 licensed insurers in Kenya fail capital test

      Tom Gitogo offloads his shares in CIC Insurance

      Tom Gitogo offloads his shares in CIC Insurance

    • Manufacturing
    • Opinion
      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

      Digital Services Tax a desperate move caused by bad governance

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      Why Digital Services Tax is a retrogressive policy

      Why Digital Services Tax is a retrogressive policy

      How Citizen TV Became The Most Watched in Kenya

      How Citizen TV Became The Most Watched in Kenya

      This is the new Safaricom logo

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      OPINION: Conserve Nature Even as you Work to Achieve SDGs

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      Crisis as young Kenyans now embrace Crime as lifestyle

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

Kenyan Business Feed
  • Home
  • News
    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Secret plan to reinstate former Nairobi Governor revealed

    Secret plan to reinstate former Nairobi Governor revealed

    Oil price rises 1% on U.S. stimulus hopes, supply concerns

    JKIAs’ Digital Health Screening cut time to 15 minutes

    JKIAs’ Digital Health Screening cut time to 15 minutes

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

  • Markets
    Rental yields shrink in 2nd Quarter of 2020 – Cytonn Report

    CMA names Cytonn Money Market Fund among the best in Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Kenya Power launch new electricity meters

    Kenya Power launch new electricity meters

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Kenya Airways Suspends flights to France

    Kenya Airways Suspends flights to France

    Nokia launches low cost smartphones for the Kenyan market

    Nokia launches low cost smartphones for the Kenyan market

    Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

    Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

  • Real Estate
    OP-ED: Affordable housing will decongest slums and cushion the poor from pandemics

    Kenya’s real estate to remain neutral in 2021 – Report

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    National Bank and Octagon ink 100 billion service partnership

    National Bank and Octagon ink 100 billion service partnership

    Real Estate: Cytonn invites bids for this 4 acre piece of prime land in Kilimani

    Mizizi Africa Homes voted best low cost housing developer 2020

    Mizizi Africa Homes voted best low cost housing developer 2020

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    32% of Kenyans to change houses over Covid-19

    32% of Kenyans to change houses over Covid-19

    Kenyan Firm awarded Most Innovative Community Developer 

    Cytonn Real Estate completes The Alma Phase 3; 120 units set for handover

  • Tech
    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Nokia launches low cost smartphones for the Kenyan market

    Nokia launches low cost smartphones for the Kenyan market

    LG unveils premium monitors

    LG unveils premium monitors

    Pesalink appoints Gituku Kirika as CEO

    Pesalink appoints Gituku Kirika as CEO

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    realme C12 and 7i now Available In Kenya

    2021: realme to release more smartphone in Kenya

  • World Business
    Celebrated US broadcaster Larry King has died at the age of 87

    Celebrated US broadcaster Larry King has died at the age of 87

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Twitter CEO finally breaks silence about banning US President Donald Trump from the platform

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Trump threatens to slash US funding to World Health Organization

    A year later, WHO still insists on visiting China to probe virus origin

    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    Boeing’s 737 Max Cleared to Fly in the US After Crashes

    Boeing’s 737 Max Cleared to Fly in the US After Crashes

    Guinness forced to recall contaminated brand

    Guinness forced to recall contaminated brand

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

  • KBF
    • All
    • Agribusiness
    • Banking
    • Insurance
    • Manufacturing
    • Opinion
    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Technology at the center of Metropolitan National Sacco transformation

    Savings: Here’s how to join Metropolitan Sacco

    Mary Mulili takes charge at UBA Kenya

    Mary Mulili takes charge at UBA Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Family Bank voted best bank in customer relations

    Family Bank voted best bank in customer relations

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

    Global Cyber Alliance, Serianu to Reduce Cost of Cybersecurity in Kenya

    • Agribusiness
    • Banking
      Technology at the center of Metropolitan National Sacco transformation

      Savings: Here’s how to join Metropolitan Sacco

      Mary Mulili takes charge at UBA Kenya

      Mary Mulili takes charge at UBA Kenya

      Family Bank voted best bank in customer relations

      Family Bank voted best bank in customer relations

      Was KCB bank hacked?

      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      KCB, MoH and Kazi kwa vijana biggest advertisers in the past 5 months

      Mastercard, Unilever and KCB Bank strengthen partnership to support micro-retailers in Kenya

      ‘Beware of fake currency’, CBK Warns

      Diaspora remittances rose by 11 per cent to Sh341 billion in 2020 – CBK

      6.5 million register new mobile money accounts in 2020 -CBK

      6.5 million register new mobile money accounts in 2020 -CBK

      SIB banks’ foreign investment arm records mild drop in returns

      SIB banks’ foreign investment arm records mild drop in returns

    • Insurance
      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      ICEA Lion Life appoints a new CEO

      ICEA Lion Life appoints a new CEO

      Exposed: Insurance Company on The Spot for Fruatrating clients

      Exposed: Insurance Company on The Spot for Fruatrating clients

      Octagon feted in 2020 World Pension Summit Innovation Awards

      Octagon feted in 2020 World Pension Summit Innovation Awards

      What do you need to know before purchasing car insurance?

      What do you need to know before purchasing car insurance?

      National Bank of Kenya Bags Global Recognition

      National Bank of Kenya Bags Global Recognition

      DIB Awarded Best Islamic Bank in Kenya

      DIB Awarded Best Islamic Bank in Kenya

      Insurance: IRA Foils Over Ksh300 Million Fraudulent Claims

      20 out of 56 licensed insurers in Kenya fail capital test

      Tom Gitogo offloads his shares in CIC Insurance

      Tom Gitogo offloads his shares in CIC Insurance

    • Manufacturing
    • Opinion
      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

      Digital Services Tax a desperate move caused by bad governance

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      Why Digital Services Tax is a retrogressive policy

      Why Digital Services Tax is a retrogressive policy

      How Citizen TV Became The Most Watched in Kenya

      How Citizen TV Became The Most Watched in Kenya

      This is the new Safaricom logo

      Fail or win? Mixed Reactions over Safaricom’s new logo

      After fuliza, Safaricom introduces another way to borrow money

      OPINION: Why Safaricom’s Fuliza is a rip off!

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      Crisis as young Kenyans now embrace Crime as lifestyle

      Crisis as young Kenyans now embrace Crime as lifestyle

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

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ICPAK on spot over foreign recruitment

by Kenyan Business Feed
May 22, 2019
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EDWIN OKOTH

By EDWIN OKOTH
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Officials of the Institute of Public Accountants of Kenya are on the spot for engaging in expensive fishing expeditions for membership outside the country while ignoring readily available professionals here who are yet to join the body.

The accountants’ watchdog has been spending time in expensive European cities in an attempt to “source for members in the diaspora”, raising eyebrows on viability of their trips, where very few or no accountants from Kenya exist in the first place.

Kenyans in the diaspora have been surprised by invites to join forums organised by the Icpak officials who are said to travel with families and reside in expensive hotels, sparking an outcry over lack of accountability.

Mr Joseph Wambua, who has lived in Australia for 12 years, and currently works as group planning manager for a major organisation in Perth, said he was shocked at the unnecessary attention the Kenyan professional organisation was giving his local city, where there were no members in the first place.

According to him, most of those who turned up for the meeting in September 2018 were non-members and mostly did not have to pay to attend.

“In my 10 years of membership with Chartered Accountants Australia – I have never attended a free function, even when I was a committee member – because as officials you are stewards of members’ money. The move by Icpak to use members’ money to entertain non-members overseas, where they are not paying – shows a basic lack of accountability,” Mr Wambua wrote.

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The accountants’ body, which has not responded to our questions since February, is said to have been ending up with no recruits, with some events being attended by politicians from Kenya and civil servants serving in offices abroad.

We had sought to find out the number of Icpak members in overseas chapters, whether the trips were fruitful and what the organisation was doing to spruce up its local membership as well as a comment on the alleged wastage of funds in the frequent recruitment drives overseas.



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