Friday, 20 May 2016

SOGOO WARD RECEIVE SH 12 MILLION DEVELOPMENT MONEY FROM GOVERNOR TUNAI

SOGOO SCHOOLS GET Sh12 M FROM COUNTY GOVERNMENT

Eight schools in Sogoo are having an exceptionally good week thanks to a 6.2 million financial boost from the County Government. The schools received cheques of various amounts from County Governor Samuel Tunai on Thursday May 19.

Tumoyot and Emitik primary schools got 800K each, while Siwot, Kwalela, Menet and Tiritab Angwan primary schools got 700K each.  Sogoo primary school got 1 million and the only secondary school in the list, Siwot secondary school, got 800K.

Deputy Governor Evalyn Aruasa, Narok County Women MP Soipan Tuya and area MCA Moses Cheruiyot joined the Governor in handing over the funds which will be used to construct or renovate classrooms and other infrastructure in the various schools.

Governor also gave money for gravelling and construction of roads in the ward and also main road from Lulunga- Melelo-Sogoo road worth 5 Million.

The total money Governor issued yesterday was sh 12 million and promised to commit resource for all wards in the county. He said his administration was fully aware of its pledges in 2013 and will strive to achieve all.

Wednesday, 18 May 2016

Government bans prayer days and Visiting day in schools

There will be no more visiting days in boarding schools in third term, Education Cabinet Secretary Fred Matiang'i has said.

Prayer days and mid terms have also been abolished.

Dr Matiang'i said on Wednesday that the move is aimed at curbing cheating in KCPE and KCSE examinations.

Over 5,000 2015 KCSE results were canceled over malpractices.

Prior and during the exams, exam questions circulated on social media, a phenomenon that raised concern among Education stakeholders and Kenyans over the credibility of the national exams.

In March 2016, Kenya National Examination Council (Knec) board was disbanded by Dr Matiang'i over widespread exam malpractices.

Former University of Nairobi Vice-Chancellor Prof George Magoha was appointed as the new chairman of the board.

He replaced Prof Kabiru Kinyanjui, who was sacked. The government also ordered the arrest of the council’s chief executive officer Joseph Kivilu and eight other senior officer over examination irregularities.

What do you think about this

Tuesday, 17 May 2016

Anti-IEBC Demonstration to continue untill Jubilee agree to Dialogue- Says Raila

By Raila Odinga

MEETING WITH THE CLERGY: ANTI-IEBC DEMOS TO CONTINUE UNTIL A PUBLIC COMMITMENT BY JUBILEE TO DIALOGUE

FOUNDATION

The basis of all our action is premised on the very first article  of our constitution which states, “All sovereign power belongs to the people of Kenya and shall be exercised only in accordance with this Constitution”.

The constitution then, after first declaring that the people can exercise this sovereignty directly, donates that sovereignty to “democratically elected representatives” by saying that the people could also exercise their sovereignty through them.

To emphasize to these representatives that they are only agents of the people, the constitution proceeds to tell each and every institution what its work is, how it must be carried out and the principles that must guide that institution when it carries out its work.

BACKGROUND

1. PARLIAMENTARY ROUTE

A common misconception currently prevailing in certain sections of society is that once people set up institutions, they lose all power over any issues that are meant to be resolved by those institutions.

Yet modern progressive constitutions are very clear that the people are the ultimate authority over any institution set up in the constitution.

Unfortunately, under the Jubilee Administration, this trust bestowed upon institutions has been betrayed many times over. Very little regard is given to our national values and principles when institutions are exercising the sovereignty donated to them by the people. Parliament has been particularly notorious. Using its majority in the Houses, the Jubilee administration has used Parliament to pass laws and motions that compromise the interests of the people on whose behalf Parliament exercises the legislative authority of the Republic.

This is how the National Assembly came to dismiss a petition that was filed against the commissioners of the IEBC for mismanagement and corruption.

The petition, filed by Mr Wafula Buke mid-2014, laid out various charges against the commissioners, which alleged that they had failed in their work and that they had been corrupt. Mr. Buke’s petition was buried in accusations that he had been sent by CORD to fight the commissioners and in the end he was never accorded serious consideration. Jubilee marshaled its numbers in the House and threw out the petition. The contents of Mr Buke’s petition never made it to the platform of national debate.

There is now before the National Assembly a report of the Public Accounts Committee that has found chairman Isaack Hassan, commissioners Thomas Letangule and Mohamed Alawi guilty of interfering with the procurement of these devices.

The committee also wants full investigations launched against Hassan, the Commission’s CEO Ezra Chiloba and the eight commissioners for the loss of KSh4 billion of taxpayers’ money.

But like it did with the Buke petition, Parliament is again likely to betray the people and decide the fate of the report based on the political interests of Jubilee.

2. THE ETHICS AND ANTIC-CORRUPTION ROUTE

Parliament is not the only forum in which the people are being betrayed by institutions to whom they have donated their sovereignty. The Ethics and Anti-Corruption Commission has obstinately refused to charge Hassan and his co-commissioners who participated in ChickenGate with corruption, despite the fact the existing evidence has successfully prosecuted the bribe-givers in a London court.

Is it to mean then that the people are helpless? Is it conceivable that the people who empowered the institutions to work for them have now to sit helplessly and watch as these institutions betray them? Could the servants have now become more important than the masters?

3. POPULAR REFORM

As a Coalition, we thereafter made the resolution to pursue electoral  reform through popular initiative, an effort we dubbed ‘Okoa Kenya.’ We constituted a Committee of Experts comprising of some of the best legal minds in the country that drafted Okoa Kenya Constitution Amendment Bill. We collected a total of 1.6 million signatures on the backdrop of this bill. This was 600,000 above the constitutional threshold. These signatures were duly submitted for verification as registered voters as provided for in the law.

It is important to note that the IEBC as a commission was subject of the proposed bill. The Commission then sat on the collected signatures beyond the ninety day period provided for in law until agitation on our part prompted their action. They began verification after the ninety day period. Prior to the announcement of the outcome of the process, several key Jubilee officials including National Assembly Majority Leader Hon. Aden Duale and TNA Chairman Hon. Johnson Sakaja came out publicly to claim that the signatures submitted were fake. These legislators even went as far as giving the break-down of the numbers. The IEBC later came out and confirmed the position put forward by Jubilee dismissing 1.6 million signatures on what can best be described as flimsy grounds. The route of popular initiative was effectively scuttled by the IEBC under dubious circumstances. Kenyans were left wondering how Jubilee knew details of the Commission’s resolution before the Commission made public its findings.

PEACEFUL PICKETING

Our constitution foresaw such possibilities and provided the now-greatly-talked-about rights under Articles 37.

Under Article 37, every Kenyan is given a right to assemble, demonstrate, picket and present petitions to public authorities.

The purpose of this right is so that the people can communicate to the institution involved their feelings about the actions and decisions of that institution. They are able to communicate what they expect from the institution and also demonstrate the levels of their emotions about the failures of the institution.

And that is why we are leading Kenyans in peaceful picketing. We intend to use this constitutional route to tell the commissioners of the IEBC that they must resign as they have failed in their duty and the public has no faith whatsoever in their ability to be impartial in a political contest in which we are contestants.

Our peaceful picketing is meant to further communicate to Parliament that the issue of the IEBC commissioners cannot be decided on a partisan basis to achieve selfish political objectives.

Moreover, our peaceful picketing is meant to communicate to the Jubilee Administration that it cannot protect the commissioners of the IEBC from the law and from a moral and conscientious duty to resign and expect that Cord will foolishly accept to participate in another election conducted by them.

Ultimately,  we are leading peaceful pickets to tell all Kenyans that they must not sit back and watch their sovereignty abused and their aspirations betrayed by an irresponsible and unaccountable regime. That is why we are returning to the streets on Monday. We are confident that the constitution is on our side as we demonstrate and we will remain defiant and undeterred by the violent reactions of the police towards us.

Wednesday, 20 April 2016

BRITAM POST SH 1 BILLION LOSS FOR 2015

Financial services group Britam Holdings has sunk into a Sh1 billion net loss for 2015 weighed down by poor performance of the Nairobi Securities Exchange that hit its equity assets.

The company which had in 2014 made a net profit of Sh2.5 billion said a downturn in the performance of the securities market led to a loss of Sh2.8 billion last year on its financial assets at fair value compared to a gain of Sh4.1 billion in the previous year.

Britam Holdings is among 18 other listed firms in Kenya that had issued a profit warning for the 2015 trading period. In 2014, only 11 companies had issued profit warnings, a pointer to the tough environment companies faced last year.

Data from the NSE shows investors lost Sh250 billion last year as a result of the market's bear run compared to 2014. The value of their wealth as measured by market capitalisation dropped to Sh2.05 trillion in 2015 from Sh2.30 trillion a year before, the end-year statistics by the NSE indicate.

Despite the poor returns from its equity investments, Britam recorded a 38 per cent rise in revenue to Sh20.3 billion from Sh14.7 billion in 2014. Revenue from insurance business grew by 40 per cent to Sh19.6 billion from Sh14 billion previously.

Income from property investments increased by 31 per cent to Sh4.6 billion from Sh3.5 billion. The holding company's assets rose by seven per cent to a total value of Sh77.6 billion.

Tuesday, 19 April 2016

KCB LOSES BID TO BUY CHASE BANK TO QATARI LENDER


KENYA's largest lender by assets, KCB Group, has reportedly lost its bid to purchase distressed Chase Bank.

KCB is said to have come in third from four bids the Central Bank of Kenya received for purchase of the SME lender.

Chase Bank went down after misreported insider loans caused depositors to make a run on it.

Qatari lender, QNB, the second largest bank in Africa and the Middle East, is said to be the front runner to take over Chase Bank.

If it is successful, it will take over an entity with an enviable portfolio of small businesses that other banks have been angling for to drive their growth.
Rand Merchant Bank of South Africa was reportedly second in the bid with KCB coming in third. CBK has yet to formally make any official announcement regarding the matter but insiders indicate QNB may get the nod.

Chase shareholders have been pushing for CBK to bring in someone to run the bank rather than go the Good Bank - Bad Bank way which they feel would destroy the lender.

Also being mentioned is French lender BNP Paribas but this is seen as a long shot with few European lenders seeking to expand on the continent. Nedbank SA has equally been mentioned as a possible candidate.

Monday, 11 April 2016

OPARANYA VS WETANGULA

GOVERNOR WYCLIFFE OPARANYA ASKS FORD KENYA TO FOLD UP: 

I take serious issue with Hon Moses Wetangula’s weekend call to the Luhya community to join Ford- Kenya and reject any politician who is not in this party. 

That statement goes against the spirit of the coalition and raises questions about Hon Wetangula’s commitment to CORD and why the coalition should back him when he is wrecking, undermining and weakening it from within. 

As ODM Deputy Party Leader, I wish to let Hon Wetangula know that ODM is the party with the largest following and highest number of elected leaders in Western Kenya. It is a fact that Ford Kenya has only three elected MPs in all of former Western Province. There is a problem when big rivers begin to join small rivers. 

I therefore advise anyone from this region who wants to ascend to national leadership, including Hon Wetangula, to join ODM instead of fighting it. 

I also wish to remind Hon Wetangula that when the Luhya community rallied behind ODM leader Raila Odinga and Musalia Mudavadi and won elections in 2007, he is one of the people who teamed up with Mt Kenya colleagues to frustrate and steal that victory. At that time, even our neighbours from the Rift Valley had teamed up with us to form a formidable western alliance that would have kept power in this region. 

The stolen ODM victory was the clearest path for the Luhya community to get the Presidency. Raila would certainly have handed over power to Musalia Mudavadi whom he proceeded to make a Deputy Prime Minister under the Grand Coalition Government in addition to making Hon Kenneth Marende the best Speaker of the National Assembly that Kenya has had. 
In Kenya’s highly tribal politics, ODM, which is the single largest party in the country, offers the best chance for the Luhya community to ascend to power. Our best bet as a community is to stay in ODM and position ourselves to use it to ascend to power. Kenya is big, divided and complex. We will navigate it using a large party that has learnt the art of navigation, not through a party struggling in one or two counties. Our community will follow an arrangement that enhances its chances and uplifts rather than diminishes the stature of its leaders. Wetangula should fold up Ford Kenya and join the community in ODM. Good leaders listen to and follow their people. 

H.E WYCLIFFE OPARANYA; 
ODM DEPUTY PARTY LEADER 
GOVERNOR; 
COUNTY OF KAKAMEGA. 
KAKAMEGA; 
APRIL 11, 2016 

Friday, 8 April 2016

PANIC as Love goes sour in MAASAI MARA UNIVERSITY

A third year student studying Computer science in Maasai Mara University has been found murdered in her room.

Emmy Jelimo was found dead by her friends this morning in a cube shared by two,it has been reported.

According to reports from her close friends,the murder is alleged to his Ex  boyfriend who has not been named for security reasons.

Her rummate who they share the room with at Manyatta,a residential place,said the murdered had 'exiled' her and this death stands mysterious to her.

"We have been close friends with Emmy.Yesterday she sent me to exile till this morning when I came back and discovered her death,"
"its mysterious to me but somebody must be behind it,"said the lady who pleaded anonymity

Police have launched a probe to establish the cause of the student's death and whoever is convicted will be apprehended.