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Hon Babu Owino Statement Over Court Of Appeal Election Petition Win

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PRESS STATEMENT

My fellow residents of Embakasi East Constituency, Nairobi County and all Kenyans,

As you are aware, the Court of Appeal has today morning quashed High Court’s ruling that nullified my election as the member of Parliament for Embakasi East Constituency. Consequently, the Court has upheld my election as the validly elected MP.

On their ruling, Justices Mohammed Warsame, Daniel Musinga and Kathurima M’Inoti said the nullification of the results on account of recount and scrutiny was not founded in law.

Further, the Court affirmed that the irregularities noted in the results did not fundamentally affect the final outcome.

It’s a much welcome ruling, and a win for all residents of Embakasi East who exercised their supreme will in the August 8 elections.

I want to reassure all residents of Embakasi East that I’ll humbly serve all without any discrimination whatsoever.

I also call upon my competitors to join me in delivering the promises we all promised the electorate. Let’s embrace the spirit of the handshake and join the President H.E Uhuru Kenyatta and Rt. Hon Raila Odinga in realizing the Big Four agenda.

I’d like to thank all who supported and firmly stood with me in this including my able lawyers led by Cde James Orengo, Jackson Awele, Mr Odhiambo and Edwin Sifuna, my lovely wife mama Fridah Ongili, family members, friends, patriots from all corners of this great nation and the always supportive Embakasi East constituents. Tusonge mbele.

Thank you all.

God bless Embakasi East
God bless Kenya.

TIBIM!

Signed Hon Babu Owino
Member of Parliament
Embakasi East


Former Nairobi Dairies star Risper Faith buys Mercedes Benz – Entertainment – kenyagist

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Former Nairobi Diaries star Risper Faith has a new ride.

The booytful reality TV star is now the proud owner of a white Mercedes C200 Kompressor which matches beautifully with her husband’s Mercedes Benz Van.


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Risper’s new ride (Instagram)

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C200 (Instagram)

 

Car pundits estimate that a second hand Mercedes Benz Van can range between Ksh6.2 Million to Ksh1.3 Million depending on the car’s mileage and year of manufacture. Brian however disclosed that the car cost him a cool Ksh3.5 Million.


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Risper and Brian by their Merc (buzzcentral)

 

A brief look at cheki.com shows that Risper’s Mercedes C200 can go from as high as Ksh2.5 Million to as low as Ksh850, 000 depending on whether it has been used locally or in foreign lands, the year of manufacture and mileage.

 

Though young, this is not the first time the couple has flexed their financial muscle, just last year, Brian Muiruri parted with Ksh2.5 Million as bride price for his wife.

When asked about her bride price Risper told Word Is “I wasn’t there for the negotiations so I wouldn’t know but he (Brian) told me 2.5 Million Kshs.”

Also Read: My fiancé paid Sh2.5 Million as dowry – Booty Queen Risper Faith reveals


Hotels, lodges fully booked ahead of the wildebeest migration – Lifestyle – kenyagist

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Hotels and lodges at the Maasai Mara National Reserve have reported full to near-full capacity bookings ahead of the wildebeest migration next month.

The managers of the facilities said they are awaiting the spectacle even though they might be forced to seek additional accommodation because of the high number of visitors expected.


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Hotels, lodges and tented camps at the Maasai Mara National Reserve have reported full to near-full capacity bookings ahead of the wildebeest migration next month. (Courtesy)

 

“We have near-full capacity in terms of business through the months of June, July and August, and so far we haven’t had any cancellations or other challenges,” Sarova Mara manager Duncan Mwangi said.

Greatest spectacle

The annual wildebeest migration from Serengeti National Park in Tanzania to the Maasai Mara Game Reserve is one of the greatest natural spectacles.

Taunted as the eighth wonder of the world, over a million wildebeests and about 200,000 zebras and gazelles cross the border of Kenya and Tanzania for a four month’s stay (July-October) in the savannah of this national reserve.


Two Tanzanian billionaires buy Equity Bank – Finance – kenyagist

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  • Tanzanian billionaires, Aunali and Sajjad Rajabali, have bought seven million shares worth $3.44m of Equity Bank.
  • The bank disclosed the purchase in its May regulatory filing of its ownership structure.
  • The duo have invested more than Sh1.5 billion ($15 million) in Nairobi Securities Exchange-listed firms over the past two years.

Tanzanian billionaires, Aunali and Sajjad Rajabali, have bought seven million shares worth Sh344 million ($3.44 million) of one of Kenya’s fastest growing banks, Equity Group.

The bank disclosed the purchase in its May regulatory filing of its ownership structure.


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Equity Bank (HapaKenya)

The Rajabalis are now ranked seventh in Equity’s list of top individual investors with a 0.19 per cent stake.

The duo have invested more than Sh1.5 billion ($15 million) in Nairobi Securities Exchange-listed firms over the past two years, taking significant stakes in companies such as Co-op Bank,  KenolKobil,  Jubilee Holdings  and I&M Holdings.

It is easy to see why the two Tanzanians are keen to have a piece of Equity Bank.

Equity has cemented its position as the country’s most efficient bank with an annualised return on equity (RoE) of 28.5 per cent after reporting a 21.4 per cent growth in net profit to Sh5.8 billion in the first quarter ended March.

Also read: EQUITY BANK ORDERED BY HIGH COURT TO PAY FORMER EMPLOYEE SH79M


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Equity Bank CEO James Mwangi (Capital FM Kenya)

The purchase also comes at a time the country is planning to scrap away the capping of interests law after two years of negative effect on economy, signaling a return to banks profitable days.

The lender’s overall performance of the years, anchored on its retail banking success, has continued to attract major global investors.

“The bank differentiates itself from its peers through its large retail customer base with nearly half of all bank accounts in Kenya,” London-based asset manager Blackrock Frontiers Investment Trust Plc, which holds Equity shares worth Sh1.5 billion ($15 million), says in a regulatory filing.


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The purchase also comes at a time the country is planning to scrap away the capping of interests law after two years of negative effect on economy. (Garden City Mall)

The bank has in recent years moved to strengthen its existing regional operations, postponing entry into new markets.

The lender last year invested an additional Sh1 billion ($10 million) in its Ugandan subsidiary, its second most profitable unit after the Kenyan banking operation.

The new capital raised the value of the company’s investment in the Uganda unit to Sh5 billion ($50m) from the previous Sh3.9 billion ($39 million).

Equity says the Ugandan operation had a pre-tax income of Sh1.1 billion ($11 million) in the year ended December, an 89 per cent increase from Sh628 million ($6.28m) the year before.


Two Tanzanian billionaires buy 7million Equity Bank shares – Finance – kenyagist

kenyagist
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1

 

  • Tanzanian billionaires, Aunali and Sajjad Rajabali, have bought seven million shares worth $3.44m of Equity Bank.
  • The bank disclosed the purchase in its May regulatory filing of its ownership structure.
  • The duo have invested more than Sh1.5 billion ($15 million) in Nairobi Securities Exchange-listed firms over the past two years.

Tanzanian billionaires, Aunali and Sajjad Rajabali, have bought seven million shares worth Sh344 million ($3.44 million) of one of Kenya’s fastest growing banks, Equity Group.

The bank disclosed the purchase in its May regulatory filing of its ownership structure.


play

Equity Bank (HapaKenya)

The Rajabalis are now ranked seventh in Equity’s list of top individual investors with a 0.19 per cent stake.

The duo have invested more than Sh1.5 billion ($15 million) in Nairobi Securities Exchange-listed firms over the past two years, taking significant stakes in companies such as Co-op Bank,  KenolKobil,  Jubilee Holdings  and I&M Holdings.

It is easy to see why the two Tanzanians are keen to have a piece of Equity Bank.

Equity has cemented its position as the country’s most efficient bank with an annualised return on equity (RoE) of 28.5 per cent after reporting a 21.4 per cent growth in net profit to Sh5.8 billion in the first quarter ended March.

Also read: EQUITY BANK ORDERED BY HIGH COURT TO PAY FORMER EMPLOYEE SH79M


play

Equity Bank CEO James Mwangi (Capital FM Kenya)

The purchase also comes at a time the country is planning to scrap away the capping of interests law after two years of negative effect on economy, signaling a return to banks profitable days.

The lender’s overall performance of the years, anchored on its retail banking success, has continued to attract major global investors.

“The bank differentiates itself from its peers through its large retail customer base with nearly half of all bank accounts in Kenya,” London-based asset manager Blackrock Frontiers Investment Trust Plc, which holds Equity shares worth Sh1.5 billion ($15 million), says in a regulatory filing.


play

The purchase also comes at a time the country is planning to scrap away the capping of interests law after two years of negative effect on economy. (Garden City Mall)

The bank has in recent years moved to strengthen its existing regional operations, postponing entry into new markets.

The lender last year invested an additional Sh1 billion ($10 million) in its Ugandan subsidiary, its second most profitable unit after the Kenyan banking operation.

The new capital raised the value of the company’s investment in the Uganda unit to Sh5 billion ($50m) from the previous Sh3.9 billion ($39 million).

Equity says the Ugandan operation had a pre-tax income of Sh1.1 billion ($11 million) in the year ended December, an 89 per cent increase from Sh628 million ($6.28m) the year before.


Short natural hairstyle inspirations from Lyra Aoko – Beauty and Health – kenyagist

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Photographer extraordinaire, Lyra Aoko is super great at two things; capturing moments and people with her camera and rocking the short hair look.

Lyra first rose into the limelight after winning the Samsung Zikistar search in 2011, a singing competition. She would however end up branch off into photography which she says was her true calling. Years later, Lyra has managed to build a name for herself as one of the most talented photographers and creatives in the country.

I must admit though, you cannot mention Lyra without appreciating her many hairstyles and her beauty. Like, what’s not to like about this soft-spoken lady whose hairstyles are forever transitional? One of the styles we totally love on her are her short hairstyles. Lyra changes the look by coloring the hair or changing the haircut design.

ALSO READ: These celebs with short hair will help you find your way to the barber

I once cut my hair and I did not particularly look like the next fashion IT girl lol but in my defense, I had no clue on what to do with my new short hair and soon, I got bored of the look and grew my hair out. But, I’m definitely wiser. If I do cut my hair again, I now know what to do to achieve different looks. If you’re thinking about cutting your hair, draw some inspiration from Lyra on how to rock short natural hairstyles:

1. A super short cut.


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Lyra Aoko short hair (Lyra Aoko)

 

2. A style with a bit of volume.


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Lyra Aoko photographed at Uber Eats Launch in Nairobi (Lyra Aoko)

 

3. Pretty Bantu knots anyone?


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Lyra Aoko rocking Bantu Knots (Lyra Aoko)

 

4. Bold in purple hair.


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Lyra Aoko purple hair (Lyra Aoko)

 

5. Stunning in a TWA (Teeny Weeny Afro) hairstyle.


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Lyra Aoko short hairstyle-TWA (Lyra Aoko)

 

6. Daring to be bald.


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Photographer Lyra Aoko clean shaven look (Lyra Aoko)

 

7. The Samurai top braid bun with purple highlights.


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Lyra Aoko top braid bu with shaven sides hairstyle (Lyra Aoko)

 

8. Do blondes have more fun?


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Lyra Aoko blonde haircut (Lyra Aoko)

 

 

9. Short dark purple hair.


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Aoko Creative owner, Lyra Aoko’s purple hairstyle (Lyra Aoko)

Which is your fav?

ALSO READ: 5 ways to slick up your short natural hairstyle when you get bored of the look


15 Permanent Secretaries Fired as President Uhuru Cracks Whip on Incompetence

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President Uhuru Kenyatta has sacked 15 other Principal Secretaries alongside Tourism PS, Farma Hersi.

After months of holding their breaths, their fate has been known.

Through the Head of Public Service Joseph Kinyua, the Principal secretaries were informed that they had not been reconsidered for re- appointment.

According to the letters sent to the secretaries, their employment contract ends on 30 June, the last day in which they will receive a salary.

“In this regard, your employment contract has been terminated forthwith. Consequently, you will be paid salary up-to 30 June which will be your last working day,” reads the letter

The sacked include;

Arts, Culture – Joe Okudo
2. Broadcasting & Telecommunications – Sammy Itemere

3. Cooperatives Ali – Noor Ismail

4. Gender Services- Mwanamaka Mabruki

5. Housing & Urban Development – Aidah Munano

6. ICT & Innovation – Victor Kyalo

7. Infrastructure – John Musonik

8. Transport- Patrick Nduati Mwangi

9. Labour – Khadija Kassachoom

10. Mining – Dr Mohammed Ibrahim Mahmud

11. National Water Services – Fred Sigor

12. Correctional Services- Richard Ekai

13. Tourism – Fatuma Hersi

14. Planning – Wilson Nyakera Irungu

15. Vocational & Technical Training – Dr Dinah Jerotich Mwinzi


Kenya to construct Sh3.8bn ultramodern hospital – Finance – kenyagist

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Residents of Homa Bay County, Kenya are set to benefit from a new ultramodern hospital worth $38 million.

This is
after Homa Bay Governor Cyprian Awiti partnered with a Turkish organization to
construct the mega project meant to help millions of residents with quality
medical care.


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The President of Delta Trade Company, Huseyin Sahin with Homa Bay Governor Cyprian Awiti at the signing ceremony. (Facebook)

 

The
Governor has  signed a Memorandum of Understanding with the Turkish
organisation called Delta Trade Company, and also with Standard Medical Group
led by Managing Director Ian Okundi.

The
President of Delta Trade Company, Huseyin Sahin who was present during the
signing promised the health facility will be up in no time adding that his
organization had over 22 years of developing hospitals in Turkey and is
currently extending its reach in the rural parts of Africa.

“We are
going to apply the experience we have to ensure the region gets the best health
facility,” said
Sahin.


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The county government of Homa Bay provided land for the construction while the Turkish investors will contribute the funds. (Facebook)

The
groundbreaking of the  210 bed capacity hospital took place at the Homa Bay County Referral
Hospital with construction of the two hospitals set to begin in two months’ time.

The
project which is executed under a public-private partnership is expected to
take 12 months to be complete and after that the hospital will fully be handed
over to the Homa Bay government after 30 years.

The
county government of Homa Bay provided land for the construction while the
Turkish investors will contribute the funds.

Delta
Trade Company has successfully completed several similar projects in the past
and provided all medical equipment and devices while generating 110 turn-key
projects throughout Turkey.


First Eurobond debt repayment to cost more than Sh97.7bn – Finance – kenyagist

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Repayments to the first Eurobond will cost taxpayers more than Sh97.71 billion in the financial year starting next month.

Treasury has set aside Sh78.303 billion to clear the first Sh75 billion portion of the debut Eurobond and a further Sh19.41 billion towards interest servicing of the entire facility.


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The National Treasury (Courtesy)

 

Kenya borrowed Sh202 billion from international investors in June 2014 and a further Sh75 billion in December that year under a transaction known as tap sale.

Repayments towards external debt are projected at Sh364.66 billion in the year which ends June 2019 from Sh240.10 billion in current year, a growth of Sh124.56 billion.

Foreign debt

Statistics from the Central Bank of Kenya indicate that more than half of the country’s Sh4.88 trillion total public debt in March was foreign (Sh2.51 trillion).

President Kenyatta’s administration has heavily relied on external debt to spur infrastructure development in the country.

This despite calls by Central Bank to cut on external borrowing and shift focus on Public-Private Partnership (PPP) and non-debt models for the financing of projects.


Media houses risk being suspended if they fail to pay artists

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Local musicians now have a reason to smile after Nairobi Senator Johnson Sakaja asked media houses to pay artists royalties or risk being deregistered.

Sakaja who is the Chaiman of the Senate Committee on Labour and Social welfare said that every media house regardless of the size should be de-registered if they fail to dispatch the required money.

Musicians have a reason to celebrate after Nairobi Senator Johnson Sakaja asked media houses to pay artists royalties or risk being deregistered (Courtesy)

The youthful senator stated that broadcasters are bias as they charge advertisers to broadcast and cease airing the ads if they fail to pay even for a day adding that media houses earn a lot of money airing content they don’t pay for.

Required standards

He further urged club owners to seek guidance from stake holders; (NEMA), County Governments and Kenya Copyright Board on the required standards in the day-to-day club operations.

The Kenyan music industry has been faced with myriad of challenges over the years. Musicians have for a long time cried foul over failure of media houses to pay royalties. They have taken to the streets to agitate for not only better pay but also favoritism in the airplay.

Musicians have a reason to celebrate after Nairobi Senator Johnson Sakaja asked media houses to pay artists royalties or risk being deregistered (Courtesy)

The Music Copyright Society of Kenya has severally been accused of lack of management and professionalism in the manner in which they collect and distribute royalties.

Musicians like Avril have in the past thrown shade at media houses pointing out that they are paid ‘peanuts’ for their content.

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