Kenya plans to establish a fund to manage proceeds from its nascent petroleum and mining industries.
In a new Bill, the National Treasury has proposed setting up the Sovereign Wealth Fund (SWF) that will be split into three components, with the key one saving earnings from the two sectors for Kenya’s future generations.
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top: -80px;
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z-index: 1;
background: linear-gradient(to bottom, rgba(255, 255, 255, 0), rgba(255, 255, 255, 1));
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background-color: #ffffff;
}
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font-size: 24px;
font-weight: bold;
margin-bottom: 15px;
color: #333333;
text-align: center;
}
.price-highlight {
font-size: 20px;
font-weight: bold;
color: #d40511;
margin: 15px 0;
text-align: center;
}
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width: 70%;
padding: 12px;
background-color: #EE193A !important;
color: white;
border: none;
border-radius: 4px;
font-size: 23px;
font-weight: bold;
cursor: pointer;
margin-bottom: 20px;
transition: background-color 0.3s;
text-decoration: none;
text-align: center;
}
.subscribe-button-green:hover {
background-color: #b0030e;
}
.features-list {
margin: 20px 0;
padding-left: 20px;
list-style: none;
}
.features-list li {
margin-bottom: 10px;
position: relative;
padding-left: 25px;
}
.features-list li:before {
content: “✓”;
color: #d40511;
position: absolute;
left: 0;
font-weight: bold;
}
.countdown {
display: flex;
gap: 15px;
justify-content: center;
margin: 20px auto;
text-align: center;
}
.countdown div {
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font-size: 12px;
color: #555;
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@media (max-width: 768px) {
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width: 100% !important;
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`;
} else {
teaserEl.innerHTML = “”;
}
activeEl.innerHTML = “”;
paywallEl.style.display = “block”;
} else if (now >= saleStart && now <= saleEnd) {
paywallEl.style.display = “none”;
var diffToEnd = saleEnd – now;
var totalSeconds = Math.floor(diffToEnd / 1000);
var days = Math.floor(totalSeconds / (24 * 3600));
var hours = Math.floor((totalSeconds % (24 * 3600)) / 3600);
var minutes = Math.floor((totalSeconds % 3600) / 60);
var seconds = totalSeconds % 60;
activeEl.innerHTML = `
Offer ends in…
${days}Days
${String(hours).padStart(2,’0′)}Hours
${String(minutes).padStart(2,’0′)}Minutes
${String(seconds).padStart(2,’0′)}Seconds
Subscribe Now & Save
`;
} else {
teaserEl.innerHTML = “”;
activeEl.innerHTML = “”;
paywallEl.style.display = “block”;
}
}
function formatTime(ms) {
let totalSeconds = Math.floor(ms / 1000);
const days = Math.floor(totalSeconds / (3600 * 24));
totalSeconds %= 3600 * 24;
const hours = Math.floor(totalSeconds / 3600);
totalSeconds %= 3600;
const minutes = Math.floor(totalSeconds / 60);
const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
}
updateFlashSale();
setInterval(updateFlashSale, 1000);
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Kenya plans to establish a fund to manage proceeds from its nascent petroleum and mining industries.
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By Macharia Kamau