Kenyaleo.co.ke

Author: David Bogonko Nyokang’i

  • Njeri wa Uji: Money Tastes Good, Reaping Huge Profits from Vending Porridge on Thika Road

    Njeri wa Uji: Money Tastes Good, Reaping Huge Profits from Vending Porridge on Thika Road

    The popular business lady whose fame spread like bushfire who is fondly referred to as Njeri Wa Uji has taken a moment to share with us her thoughts on the importance of hard work.

    Njeri Wa Uji pioneered the naturally derived porridge from carefully selected natural ingredients that leave her customers smiling and yearning for more. Her Uji is tasty and laden with health-promoting benefits.

    Njeri Wa Uji took a leap into the unknown in 2016 when she started vending porridge in Githurai 44, and now, seven years later, she is a proud employer of 26 workers who work in her three Uji business branches along Thika Road.

    “Money tastes so good when you work for it, amkeni tuka hustle,” Njeri said.

    Njeri Wa Uji does deliver through Glovo
    At Sasanews.co.ke, we wish her success and God’s blessings in all her work.

  • Pensions Industry Stakeholders Converge in Nakuru to Explore ways of Recreating Sustainable Retirement

    Pensions Industry Stakeholders Converge in Nakuru to Explore ways of Recreating Sustainable Retirement

    Octagon Africa, a leading regional financial services provider, has lined up a three-day conference on fostering sustainable pensions. The conference is scheduled to take place from 4th to 6th April 2023 at the Sarova Woodlands Hotel, Nakuru

    Themed “Recreating Sustainable Retirement – Adequacy & Security of Pension Funds”, the conference will bring together leading experts, pension fund managers, regulators, trustees, employers, policymakers, and other stakeholders in the pensions industry to discuss the current state of pensions management in Kenya, the challenges facing pension fund management, and explore innovative solutions for ensuring a sustainable retirement for all.

    Speaking ahead of the conference, Octagon Africa Group CEO Fred Waswa said the forum is essential as it will bring together experts and stakeholders in the pensions industry to discuss the challenges facing pension fund management in Kenya and find solutions that will ensure that retirees have adequate and secure retirement benefits.

    “We are excited to bring together stakeholders from across the pensions industry to share ideas, experiences, and insights on creating sustainable retirement solutions,” says Mr. Waswa. “We believe that by working together, we can create a future where retirement is a time of joy and fulfillment for all.”

    The event will feature keynote addresses from industry experts, panel discussions, and breakout sessions covering topics such as Social Security & coverage – Realignment of pension schemes to the NSSF Act 2013, the role of pension schemes in socioeconomic development, Structuring Investment mandates to optimize returns, and Risk mitigation strategies for sustainability & adequacy.

    Participants will have the opportunity to engage with peers, learn from experts, and share best practices for achieving sustainable retirement. Some confirmed speakers include Chief Investment Officer Co-Optrust Investment services George Gikunju, Octagon Pension Services Chief Actuary & Actuarial Society of Kenya Chairman Sahib Khosla, Pension Investment Consultant Mercy Gakii Muthuuri, FSD Africa Senior Manager, Risk Regulations Elias Omondi, CIC Life Assurance Head of Retirement Benefits & Corporate Sales Vincent Ochoi, and Centre for Corporate Governance Programme Coordinator Education & Training Ernest Najoli.

    According to the International Labour Organization, pension coverage remains low in Africa with only 9.6% active contributors from the working-age population (15-65 years).

    “At Octagon Africa, we are committed to changing this narrative by creating sustainable retirement solutions that ensure financial security and peace of mind for all,” Octagon Africa General Manager Marketing, Business, and Product Development Davis Ongiro said.

  • Quickmart Kenya Opens It’s 57th branch and 23rd 24/7 retailer in Basic Kileleshwa

    Quickmart Kenya Opens It’s 57th branch and 23rd 24/7 retailer in Basic Kileleshwa

    Quickmart Supermarket has again done its 57th Grand launch of Quickmart Kileleshwa’s 24/7 supermarket, Quickmart Kileleshwa, dubbed to have no shortage of MVPs.
    Maina Kageni was at the ground during the grand launch bringing joy to the Kileleshwa branch with gift hampers for all shoppers.
    The top management has urged residents along Kileleshwa to come out in large numbers and enjoy these and more great offers. It has also extended its exclusive offers to Quickmart Thome and Kiambu Road.
    The smart retailer is currently encouraging customers to embrace its services through Hashtags;
    Betty Wamaitha, the Head of Marketing confirmed that it’s a 23rd 24/7 hour store to be opened to explore it to greater heights.
    Customers have also expressed their happiness and said it’s the best place as it has a good ambiance and a free 24-hour parking area for customers.
    Wamaitha has however confirmed that Quickmart retailers also produce fresh products and also ready-made foods all produced within their premises. Betty says that Quickmart Kileleshwa It’s the first retailer set up in this busy area serving 24/7 hours all the time.
    The retailer now has a Wide variety of products offered in Quickmart supermart across the country and the management has confirmed opening more retailers across the nation.
    Sasanews.co.ke wishes Quickmart Supermarket success all the time.
  • Miano Thumbs up ASALs For Resilience

    Miano Thumbs up ASALs For Resilience

    East Africa Community and ASALs Cabinet Secretary Rebecca Miano has acknowledged the kind of resilience exhibited by communities in the ASALs.

    Hon Miano notes

    “Communities in the arid and semi–arid land counties have demonstrate great resilience in the face of adversity.

    My team and I are working on a recovery plan including both short and long-term interventions as well as strengthening partnerships in disaster response.

    As we systematically address the effects of devastating drought caused by five consecutive failed rain seasons, we held consultations with the communities on drought mitigation and post-drought recovery strategies.

    Earlier today, I visited and distributed relief food to Kinna, Duse and Rapsu areas as part of my working tour of Isiolo County.”

    Sasanews.co.ke wishes her success.

  • George’s Basket NEVER Runs Dry, Optiven runs big

    George’s Basket NEVER Runs Dry, Optiven runs big

    Sasanews.co.ke is bold and authoritative in reporting that the basket of goodies of one George Wachiuri, who is the founder and Chief Executive Officer of Optiven Group, never runs dry.

    Whenever George dips his hand in the basket, he fishes out something hot and juicy.

    Today, he is serving us the delicacy of Kithimani Springs.

    “JAZA BASI TWENDE KITHIMANI NA OPTIVEN

    Are you looking to invest in a prime property? Kithimani Springs by Optiven is the ideal spot with its strategic location right on tarmac and proximity to developed amenities.

    Location is everything when it comes to securing your financial future. That’s why Optiven is thrilled to invite you to our upcoming event, “JAZA BASI TWENDE KITHIMANI,” where you can see the project and the ongoing progress here.

    Join us this Saturday, April 1st, 2023, for an exclusive site visit and make a wise investment decision that will positively impact your future.

    Don’t miss out on this incredible opportunity! Register now at the link:https://forms.gle/nTdVSwLuyyy8JzG37

  • Government Keen To Reduce Post Harvest Losses

    Government Keen To Reduce Post Harvest Losses

    Cabinet Secretary Agriculture Hon. Mithika Linturi sharing a word with Nyandarua Governor Dr. Kiarie Badilisha.

    40% of food wastage in Kenya is caused by post harvest losses. CS Mithika Linturi held a consultative meeting with H.E Governor Dr. Moses Badilisha Kiarie of Nyandarua County.

    The two levels of government are working together in operationalizing the cold storage facilities that MSEA constructed in the county.

    To reduce milk loss, 35 coolers will be delivered to the county as per the President’s directive.

    They explored additional ways to partner with the county in establishing an agro-processing horticultural plant in Kinangop.

    Further, they discussed the progress of subsidized fertilizer distribution in Nyandarua. The CS mentioned that supplies have been dispatched to Nyahururu, Ol Kalou and Kipipiri.

    He urged NCPB to expedite the process and encouraged farmers to take advantage of this opportunity.

  • Kimathi Foundation supports schools tree growing 

    Kimathi Foundation supports schools tree growing 

    South Kinangop public schools have had the lions share in Dedan Kimathi Foundation’s voluntary tree planting. Most of the school benefitted from the program that began in 2019.

    Kenyatta Road Primary School is one of the schools that has achieved a high survival rate of trees planted. The teachers and pupils have had their ups and downs in growing the trees and they have good results to show.

    A section of the Green Army spent the day conducting enrichment tree planting in Kenyatta Road, St. Marys Kenyatta Road and Kaugi Primary schools planting 600, 500 and 400 exotic tree seedlings in each school respectively. The schools were pleased to receive cypress and pine tree seedlings that are known to do well in the region besides their high timber value.

    Teachers lauded the Foundation for supporting schools to grow trees by providing as much tree seedlings as the schools require. They further promised to ensure the trees are well cared for to thrive.

    Dedan Kimathi Foundation environmental team was pleased by the progress made by the trees planted previously. They promised to continue availing tree growing support to schools of highest tree growing commitment to continue contributing to climate change mitigation.

  • Tension and Teargas as Raila’s Azimio led Convoy Hits Police Roadblock in Pipepline Nairobi

    Tension and Teargas as Raila’s Azimio led Convoy Hits Police Roadblock in Pipepline Nairobi

    Raila Odinga’ Azimio team have been dispersed after it encountered heavily armed security personnel while demonstrating in Pipeline area Nairobi.

    The problem started when Raila’s convoy neared Outer ring road, where police had mounted a huge roadblock. A huge crowd that was accompanying Azimio’s convoy was forced to scamper for safety when police rained teargas canisters on them.

    Raila’s convoy was forced to make a stop for over five minutes as teargas ruled the air. After things calmed down, the convoy was forced to make a U-Turn and went back using the route it came from.

    The convoy was said to be heading to town for mega demonstrations but was prevented from accessing outer ring road.

    Water canons were also used during repulsion that saw supporters scamper for safety. The convoy had sneaked its way through Imara Daima, Mukuru kwa Reuben, and was in Pipeline before teagas came calling.

    There was peace for the better part of the procession starting at Capitol Hill until they encountered a police roadblock. It had been reported that the team was heading to Jacaranda grounds before it changed the plans.

     

  • 14 dead after Pwani University bus collides with matatu

    14 dead after Pwani University bus collides with matatu

    At least 14 people were confirmed dead on Thursday after a Pwani University bus collided with a matatu at the Kayole Bridge on the Nairobi-Nakuru highway.

    Naivasha Deputy County Commissioner Kisilu Mutua confirmed this number of fatalities but said more bodies could still be in the bus.

    “That is the latest figure but the number could be higher. I am still getting updates from traffic officers and hospital authorities,” said the administrator.

    Pwani University Deputy Vice Chancellor James Kahindi said students were heading to the Chepkoilel campus for a national sports event when the accident occurred.

    Prof Kaindi said two buses left with 120 learners, four drivers and one sports officer.

    “The students left the school this morning and on reaching Naivasha, they had an accident. We have asked our chief security officer, who was in Nairobi on official duty, to go there and give us more information so we can inform the public. We are in Kilifi, relying on information from other people,” he said.

    Both the bus and the matatu were heading towards Nakuru.

    Eye witness Ruth Wambui said the bus driver lost control of the vehicle after hitting the matatu that was joining the main road after picking up a passenger.

    “The bus driver hooted continuously, with the vehicle moving at high speed,” she said.

    Another witness, Simon Njoroge, said the brakes of the bus failed during a steep descent.

    “The bus hit the matatu twice from the rear end before it landed in a ditch by the road,” he said.

    It was a chaotic scene at the Naivasha sub-county hospital as medical personnel attended to the injured.

    Azimio coalition leader Raila Odinga was among those who sent a condolence message following the accident.

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  • CRA Recommends Special Account for Deposit of Equalization Funds

    CRA Recommends Special Account for Deposit of Equalization Funds

    The Commission on Revenue Allocation (CRA) is seeking the establishment of a special account where appropriated monies of the equalization funds will be deposited before being distributed to respective county governments.

    The Commission today submitted its views on the Equalization Fund Appropriation Bill, 2023, to the Senate Committee on Finance and Budget.

    CRA Calls for Specific Account to Hold Funds

    CRA Vice Chairperson Koitamet Olekina noted that the Bill needed to specify where the funds would be deposited as there was no indication as to where the amounts would be paid.

    “There is need to amend the clause by inserting 34 Special Purpose Funds established in CBK will be opened by the Board where the appropriated funds will be deposited. Once matrix is approved, the money will be sent to the various bank accounts for each of the counties established by PFM Equalization Regulations,” said Olekina.

    The Bill was first brought before the Senate on March 7, after which the Standing Committee on Finance and Budget invited key stakeholders to submit their views on it.

    The Bill seeks to authorize the issue of Ksh 13.8 Billion from the Equalization Fund to finance development projects in 34 constituencies.

    Equalization Fund Appropriation to date

    The Equalization Fund was established under the 2010 Constitution and required that 0.5% of the National Government’s revenue be paid into the Fund.

    The Government shall use the Fund to provide basic services only, including water, roads, electricity and health facilities to marginalized areas, equal to how the rest of the nation receives the services.

    The Fund can only be used through an Appropriation Bill enacted by Parliament. If the monies in the fund are unspent in a particular year, they shall remain the Fund for use per the constitution during subsequent years.

    The Fund had no allocation in 2011-2014, and by then, the CRA had not yet developed the First Policy identifying marginalized areas.

    In 2017, Ksh. 12,400,000,000 was appropriated through the Equalization Fund Appropriation Act 2017 and was administered through guidelines published through a Gazette Notice.