Video News
CBK Backs Proposed Safaricom Share Sale Amidst Concerns of Financial Loss
The Central Bank of Kenya (CBK) has endorsed the government's proposal to sell shares in Safaricom, asserting that the transaction will not compromise Kenya's financial stability. The CBK also expressed support for the partial sale, anticipating it will boost the economy and increase foreign exchange reserves for Kenya. In contrast, Kiharu Member of Parliament Ndindi Nyoro warned that Kenya stands to lose over 150 billion shillings from the sale of the government-owned shares. Nyoro presented this concern to the parliamentary committees on Finance and Privatization, raising questions about the financial implications of the proposed sale.
Investigations Launched into Alleged Police Killings in Nyeri and Shinyalu
Concerns have been raised about police conduct following several fatal incidents. In Nyeri, CCTV captured a police officer fatally shooting a businessman from behind at close range. Separately, tension has gripped Shinyalu after two people were reportedly killed by police officers, causing widespread fear among residents. In another case, Peter Wamiti Mwangi will be detained for 14 days while the Independent Policing Oversight Authority (IPOA) investigates the shooting of George Gathu. This detention allows authorities to conduct a thorough inquiry into the incident.
Government Responds to Drought with Food Distribution and Assessments
The Kenyan government has initiated the distribution of relief food in parts of Garissa and Wajir counties, which have been severely affected by drought and hunger. Additionally, the government, through its Special Programs department, has visited Tana River County to assess the ongoing drought situation there. The National Government has reiterated its commitment to protecting lives and livelihoods as several parts of the country continue to experience drought conditions.
President Ruto Issues Directives on Gikomba Land, E-Citizen Payments, and Nairobi Garbage
President William Ruto has issued several directives on domestic matters. He declared Gikomba market as public land and ordered the Principal Secretary for Lands, Nixon Korir, to issue a title deed for the property within 90 days. The President also warned that any government official demanding cash for services is a con artist, emphasizing the mandatory use of the E-Citizen platform for digital transactions. Furthermore, President Ruto announced that the national and county governments are collaborating to tackle Nairobi's garbage crisis and improve cleanliness in the city.
Latest Videos
