Bridging courses Accredited to enhance access to quality university education
For the purpose of enhancing access to high-quality university education, the Cabinet has approved the creation and accreditation of bridging courses.
The Ministry of Education will then create regulations for implementing the courses.
Short courses called bridging courses are intended to assist high school students in their efforts to retake the KCSE topics they failed.
On Tuesday, July 18, this was agreed during the Cabinet meeting.
The Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2023 was also passed by the Cabinet at the meeting.
As a result, penalties for misuse of proceeds of crime will be imposed by the Financial Reporting Centre (FRC).
The anti-money laundering agency, FRC, will have the authority to specify the circumstances in which it may ask for the licence of a reporting institution to be revoked if the legislation is passed by Parliament.
The Bill strengthens penalties for transnational currency declaration violations and harmonises them with Financial Action Task Force (FATF) norms.
Also Read: Machogu to Appear Before The Senate On Wednesday
It also changes the Insurance Act to provide provisions for insurance company licencing.
For financial institutions subject to fundamental principles, the current regime’s registration provision is a deficit.
By requiring Reporting Institutions to immediately report suspicious transactions after developing suspicion, the Bill further harmonises the reporting obligation.
In addition to raising the reporting threshold for cash transactions from $10,000 to $15,000, the Bill mandates that businesses maintain a record of beneficial owners.
The Cabinet approved a tree planting and nurturing programme in educational institutions around the nation during its meeting on Tuesday at State House.
This programme will be in charge of the Government’s tree planting and restoration to attain 30% tree cover by 2030. It will be led by the Ministries of Education and Environment, Climate Change and Forestry.
More than 45,000 schools will have tree nurseries thanks to the scheme, which will also encourage millions of students and teachers to plant and care for trees.
The Climate Change (Amendment) Bill was also passed by the Cabinet, demonstrating Kenya’s resolve to increase its participation in carbon markets.
For more than 20 years, Kenya has actively participated in carbon markets, advancing sustainable development and knowledge transfer.
Bridging courses Accredited to enhance access to quality university education
However, the lack of a legislative framework has led to regulatory ambiguity, which makes it difficult to fully join the market.
It is anticipated that the Bill will address these issues by regulating carbon markets and overseeing and managing trading activity.
It highlights Kenya’s commitment to building a sustainable low-carbon future and is in line with international obligations made under the Paris Agreement.
The Kenya Pipeline Company Limited’s acquisition of Kenya’s petroleum refineries received approval from the cabinet as well.
