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4 million Kenyans to be ejected from CRBs blacklist

4 million Kenyans will have the opportunity to grow their credit score once again, after ejection from CRBs blacklist.

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Speaking on Wednesday during a joint press briefing held by Safaricom, KCB and NCBA Bank, President William Ruto promised that the 4 million Kenyans blacklisted for defaulting loans will be ejected by November 1 2022.

“Instead of blacklisting we can have a graduated listing of borrowers based on how they have borrowed and how they have paid back,” he said.

The president said that his government is not against credit reference bureaus (CRB), adding that they are “just changing the model” and lowering the cost of credit is part of multiple interventions to lower cost of living by his administration.

Courtesy// Twitter

“This is a positive development for millions of Kenyans who are excluded from accessing credit. We have the largest opportunity in enabling credit access to Micro,Small, and Medium Enterprises (MSMEs).” Dr Ruto added.

President Ruto lauded the move saying it will give the listed Kenyans a fresh opportunity to access credit and put end to exploitation from what he described as “predatory lenders”

The announcement by Dr Ruto was made on the same day that Safaricom lowered its interest rates on Fuliza by 40 percent and that there will be a three-day grace period where no maintenance fee will be charged. Since its introduction in 2019, Fuliza has risen to become the leading mobile loan, disbursing Ksh 1.5 billion daily.

Courtesy// Twitter

President William Ruto wants mobile service provider Safaricom, NCBA Bank and Kenya Commercial Bank (KCB) to introduce loan schemes for Small and medium enterprises.


Politics

SELECTIVE AMNESIA: A Case Study of Kenya.

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As a country, Kenyans have suffered so much already. The list, here, is endless because wherever you look, a complaint, a violation, or abuse exists. This country is a hotbed for all things infractions. But this is a story for another time. Today’s focus is that Kenyans are suffering from a severe illness that causes loss of memories and an inability to collect and process new ones. This disease is called selective amnesia.

However, I said ‘selective’ because there is a catch. We remember what we want and forget everything else. We have decided to bury even the most painful of memories in pursuit of material gain. We read set books of officials who misappropriated government funds and the people chose to forgive and forget., ‘kuzika kwa kaburi la sahau’, they called it. But, let’s be honest, are we really gaining in material? Allow me to elaborate.

If you have been in this country long enough, you have heard of a scandal. Not one where there is suspicion of infidelity, but one where billions of shillings have gone ‘missing’. I’ve used quotation marks because if you really think that these funds really are missing, wewe ni mgeni Kenya. Worry not, because, whether it’s naivety or arrogance, I will have fixed it by the end of this piece. So, where were we?

The first scandal that I remember is that of the Artur brothers. They arrived in the country in December of 2005, and within no time, had become a superpower. They had connections in State House, which they used to register shell companies, but my favorite part, wait for it…is where they were made deputy police commissioners. Find out who the police boss was then and you already know that we may never get the full picture of this scandal. The Armenian duo was afforded certain rights such as control over JKIA which allowed drug trafficking and no one batted an eye. Yes, you read that right! Foreigners were controlling our country in a way, no one has dared to do before. It makes you wonder what the fuss is about the lawyer who is not really one, the EACC officials who don’t work for EACC and the police officers who are not really officers. But I’m getting off-topic. Many high-ranking officials were implicated in this scandal and if you know Kenya, where a scandal has happened, a cover-up is afoot.

FREEPIK

Even though we are sick, cough cough, there’s one thing we do exceedingly well. We learn from others mistakes. People who were practically nobodies in 2005, have embodied the Artur model and techniques and become the new drug lords. You know them, don’t you?
Subsequent to this, many scandals have followed because the one thing we love more than politics is money. There’s the Anglo-leasing scandal where government officials colluded to steal about Kshs. 55 billion, the Chicken Gate scandal where election material was procured with Kshs. 50 million, the NYS Scandals, where approx. Kshs. 791 million was stolen or the NCPB Scandal where money meant for farmers was also stolen. The list is endless.
I want to draw your attention to a pattern. One where government officials have been implicated in these scandals. What baffles me is how quickly they betray their sworn obligations for money.


Before you point a finger, let me re-strategize. Corruption is subjective. To us, those individuals who stole all that money are shameless thieves. But to their kin, they are victims of a system that is out to get them. I’m sure you would feel the same, were the roles reversed. This is why the people of Kirinyaga elected Anne Waiguru as Governor after her role in the NYS Scandal, and former Gichugu MP, Martha Karua, as Raila’s running mate after she did little for them and our fifth president even with a pending ICC case against him. Because we remember what we want.


If you got into a government position, would you amass enough money to last all your generations or would you remain faithful to the citizenry of Kenya? Usinidanganye. I know the answer and so do you. It is corruption if it doesn’t involve you and ‘favor ya God’ when it does.


For most people with selective amnesia, memory eventually returns albeit gradually. I don’t know about Kenyans though. We have been brainwashed to see what they want us to and to remember only what is relevant. No other diagnosis can explain our behavior as Kenyans. We are terminally ill and our end is nigh. How long will we remember what we want to?

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Politics

Former Meru Governor, Kiraitu Murungi Graduates With a Degree in Happiness

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Ex-Meru governor Kiraitu Murungi was awarded a Degree in Happiness Studies from the Happiness Studies Academy based in New York.

The former governor enrolled for the one-year course as he revealed the news via his Facebook page.

”I am happy to announce that I successfully completed a one year degree course in happiness studies from the Happiness Studies Academy and graduated. I am now fully equipped to spearhead the happiness revolution in my motherland.”

photo courtesy of Facebook

The chairman of National Oil Corporation previously revealed that he almost fell into depression after losing the gubernatorial seat. Mr Murungi expressed his disbelief as he experienced electoral disappointment for the first time in his 30-year career.

While posing for a photo alongside other graduates, the former Meru County is now a certified happiness trainer. His certificate is signed by the Happiness Studies Academy founder, Dr. Tal Ben-Shahar. 

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This Man Sakaja: Govana Wa Kanairo

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In a political landscape dominated by seasoned figures, one vibrant leader has emerged as the embodiment of youth and relatability – Nairobi’s very own Governor, Johnson Sakaja. Dubbed the “Young, Cool, and Relatable” Governor, Sakaja’s approach to leadership has captured the hearts of the city’s residents, especially the youth, making him a celebrated figure not only in politics but also in the entertainment realm.

But his relatability doesn’t end there – Governor Sakaja has been making waves on social media with his TikTok account, where he showcases his fun side, engaging with the community in a light-hearted and entertaining manner. This digital presence has further endeared him to the tech-savvy young generation, fostering a deeper sense of connection between the leader and his constituents.

Beyond his youthful charm and online persona, Sakaja’s recent act of driving through the quiet streets of Nairobi to distribute money to a group of young people reflects his genuine concern for the welfare of the city’s youth. This display of generosity and empathy has not only earned him praise but also solidified his image as a leader who walks the talk and genuinely cares for his people.

Governor Johnson Sakaja’s good looks certainly haven’t gone unnoticed either. His striking appearance has captivated the attention of many, earning him admiration from people of all ages, and not just the ladies! While looks alone do not define a leader, it certainly adds an extra layer of appeal that further endears him to the public.

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