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News highlights

NASA accuses government of harassing party leaders

Raila Odinga’s National Supper Alliance (NASA) coalition has accused the Jubilee government of harassing its party leaders. Raila said State House barred his co-principals Kalonzo Musyoka and Moses Wetang’ula from travelling to Uganda where Musyoka was to preside over a graduation ceremony. The two NASA principals were later allowed to travel. In a statement issued today, NASA said the party condemns this “infringement on the freedoms and liberties and the harassment of its top leadership. Raila said the opposition would defy the directive as its leaders need no clearance to travel outside the country.

Proposed Jubilee amendments to election laws will make October poll results final

The Jubilee party has today presented Parliament with proposals intended to prevent the Supreme Court from annulling the results of the October presidential re-election.  Jubilee’s proposed amendments to election law would stop the court from invalidating results if the electronic transmission again fails to work smoothly. Under the new regulations, the manually transmitted results would be final.

Stop attacking Kenya’s job creators, Kiraithe tells Raila

Government Spokesperson Eric Kiraithe has condemned National Super Alliance (NASA) part leader, Raila Odinga’s recent attacks against corporate entities involved in the August election. Raila had earlier claimed that Safaricom colluded with Safran OT-Mopho, a French-based company to rig the August 8 presidential election results in favour of Uhuru Kenyatta.  Kiraithe has, on the other hand, cited Safaricom’s role in Kenyan economy, corporate innovation, entrepreneurship and industry in the national economy.

Business highlights

Pension reform needed to allow wider home ownership and education financing, experts urge State

Leading financial services provider, Zamara has proposed a radical repositioning of Kenya’s current pensions system to enable it to include savings for wider priorities, such as financing the purchase of a home and education of children in addition to retirement saving.  Speaking at the Zamara Annual Retirement Conference, Zamara CEO Sundeep Raichura said that enabling retirement fund members leverage their long term pension savings to address their immediate needs as well as retirement income would encourage Kenyans to set long term pension savings goals and in turn result in a higher level of savings in the country.

Tourism sector players partner with Madaraka Express to boost domestic travel

Diani Reef Beach Resort and Spa has partnered with the Madaraka Express train serviceto boost domestic tourism in the country.  The resort confirmed today that  it has entered into a partnership with train service that will see domestic tourists save up to 25% by taking a new package deal with the hotel.

CBK urges banks to be more accomodationg to customers as regulator seeks rate cap removal

Central Bank of Kenya Governor Patrick Njoroge has urged banks to change the way they do business so that they can convince Kenyans to support the removal of interest rate caps. Njoroge, who was speaking at the Kenya Bankers Association 6th Annual Banking Research Conference, said banks need to be more upfront about fees and charges.

Sports highlights

Kenyan runners looking to break Amsterdam Marathon record

Local runners Amos Kiruto and Edwin Kiptoo will be competing in the Amsterdam Marathon to be held on October 15 in the Netherlands capital. Ethiopian Tesfaye Abera and New Zealand’s Zane Robertson have also been tagged as elite athletes eyeing the course record of 2:05:21. With a personal best of 2:04:24 set when winning last year’s Dubai Marathon, Abera is the fastest of the four.

Bayern Munich sack team Manager Carlo Ancelotti following PSG defeat

Bayern Munich has sacked Carlo Ancelotti after their 3-0 defeat to Paris Saint-Germain in the Champions League. The club’s hierarchy held a meeting to discuss Ancelotti’s future this afternoon. The former Chelsea and AC Milan boss had been in charge at the Allianz Arena for nearly 15 months after taking over as Pep Guardiola’s successor in July 2016.

FA asks FIFA to approve  Adrien Silva’s transfer to Leicester

The Football Association has asked FIFA to ratify Adrien Silva’s transfer to Leicester City. The Foxes agreed to sign the Portugal Euro 2016 winner from Sporting Lisbon for £22 million (Ksh3 billion) on 31 August, but they missed the deadline by 14 seconds. Silva’s registration was not completed in time with FIFA, and the midfielder has since returned to Portugal.

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