Sharp Daily
No Result
View All Result
Tuesday, October 21, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Public engagement sought on new wildlife finance regulations

Huldah Matara by Huldah Matara
November 28, 2024
in News
Reading Time: 1 min read

The Kenyan government has invited public participation in shaping the draft Public Finance Management (Wildlife Conservation Trust Fund) Regulations, 2024. Released by the National Treasury, the proposed regulations aim to bolster wildlife conservation efforts through a structured financing mechanism.

The Wildlife Conservation Trust Fund, established under the Wildlife Conservation and Management Act, 2013, will draw funds from various sources, including a 1% levy on revenues generated from fees charged for entry into parks, reserves, and conservancies. This initiative is designed to provide sustainable funding for conservation activities, ensuring the protection of Kenya’s biodiversity.

“The regulations seek to align the Trust Fund with the legislative requirements and best practices to enhance conservation financing,” stated Hon. CPA John Mbadi Ng’ongo, Cabinet Secretary for the National Treasury and Economic Planning, in the public notice.

The draft regulations are accessible on the National Treasury’s website. The public has until December 6, 2024, to submit their comments or inputs via email, post, or in-person delivery. Stakeholder meetings will also be held on December 5, 2024, at the National Treasury offices. The meetings will include representatives from key organizations such as the Kenya Wildlife Conservancies Association, Kenya Wildlife Service, and the Conservation Alliance of Kenya, among others.

RELATEDPOSTS

Tourism and wildlife minister calls for united efforts in conservation drive

September 24, 2024

Key areas of consultation include the mechanisms for fund utilization and the potential impacts of the proposed levy on tourism and conservation outcomes. The public is encouraged to provide specific feedback, including alternative suggestions, to refine the regulations before their finalization.

 

Previous Post

High court demands proof of JKIA contract termination

Next Post

NCBA achieves strong Q3 2024 results with KES 15.1B profit

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

The Challenge of Preserving Retirement Savings in Kenya

October 16, 2025

Understanding Segregated vs Guaranteed Pension Schemes

October 16, 2025

The Sanlam-Jubilee deal

October 16, 2025

Kenya’s industrial real estate awakening

October 16, 2025

Stanbic Kenya in advanced talks to acquire NCBA: A game-changer in Kenya’s banking sector

October 16, 2025

CBK flags surge in financial fraud as losses triple to KES 1.6 billion

October 15, 2025

StanChart Kenya retirees face fresh legal stalemate over KES 7.0 billion pension payout

October 15, 2025

U.S. bank earnings take center stage amid government data freeze

October 15, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024