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Now Bank seizes Swaleh Mdoe’s Mercedes-Benz

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Citizen TV Kiswahili Managing Editor and news anchor Swaleh Mdoe has reportedly lost his prestigious Mercedes-Benz to one of the four banks that he owes millions of shillings in loans even as his financial woes appear to be far from over.

“I’m broke and that is a fact of life. “I have pressing financial issues that need to be resolved and the bank cannot top up and help me,” he told the Starnewspaper on February 16 hours after revealing his plight on social media.

Mdoe told former KTN employees at a get together dinner for KTN alumni dubbed KTN62 (in reference to Channel 62 on which the station started its broadcast) last week that he has been forced to hike lifts from friends and colleagues after his car was put up for auction, though some colleagues at Royal Media Services said the Kiswahili anchor, known popularly as Babu, sold the car late last year to offset some debts.

Hata kutoka hapa nitaomba lift (even from here I will hike a lift),” he said when he addressed the party attendants, who he asked to support him financially through his pay bill number to save him from selling his kidney.

Swaleh Mdoe.

Mdoe recently shocked the media fraternity and Kenyans in general when he announced that he was selling one of his kidneys to sort out his debt burden, which he said no financial institution could help resolve.

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It is now emerging that the popular newscaster has been blacklisted by lenders for failure to pay back loans he had been advanced in recent years. Sources close to him say he has loans from four banks.

Apparently, even after setting up a Pay Bill number through which well wishers can help him sort out his financial problems, Kenyans have opted to give him a cold shoulder.Veteran journalist Catherine Kasavuli. She is one of the pioneers of independent TV station, KTN, which started programming on Channel 62.

This came to light on Thursday when Mdoe took to social media to lament why people are surprised about his financial misfortunes when even the Government of Kenya, through National Treasury Cabinet Secretary Henry Rotich, has admitted it was broke.

 Many of the reactions were critical of Mdoe with many wondering whether he was also in a similar league with government mandarins who have been accused of corruption, over borrowing and mismanagement of resources which has been the blamed for the loss of public funds since he was on a “decent salary.”

“At least we understand how the state got broke. Over borrowing and corruption have been the hallmark of jubilee financial mismanagement at its worst. So you tell us how u got yourself broke while still on a decent salary. Financial indiscipline too like GOK?” one Githinji was Njoroge posed.

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Some bloggers claim Mdoe’s woes are as a result of a woman with whom he has been “eating life with a big spoon” in exotic places in recent months.

It has also emerged that the Royal Media Services management was unsettled with Mdoe’s revelations that it attempted to have him deny he plans to sell his kidney. It is said that in a face saving move, RMS vice chair Purity Gathoni Macharia even prepared a statement which he was to sign before it was dispatched to media houses in order to discredit the story but he declined.

Since then, she has kept quiet on the matter, leaving many to guess what her next move would be.

Source: Business Today


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Business

By going the solar route, I save Sh140,000 per month, says restaurateur

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Kenya Power was in the news recently complaining that their clients are increasingly transitioning to use of solar energy.

Solar has emerged as a favourite source of power to many homeowners due to its reliability and low cost compared to electricity.

But that is not limited to homes as businesses are also embracing solar energy.

One such business is the new Café Deli branch along Koinange Street.

When the restaurant relocated from Kenyatta Avenue in September, Mr Obado Obadoh, the Managing Director and founder of Nanjala Ltd –the parent company that owns the chain of restaurants — says he wanted to have glass roofing at his new establishment.

This, however, came with its challenges and the option turned out to be expensive since, apart from the glass roofing, they would need ultraviolet (UV) light protectors.

For humans, suntan and sunburn are familiar effects of exposure of the skin to UV light, along with an increased risk of skin cancer.

Solar panels are installed at New Cafe Deli along Koinange Street in Nairobi in this file photo.

Amina Wako | Nation Media Group

But, after consultations with experts, Mr Obado settled for solar panels.

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“When we were designing the Koinange Street branch, we had experts come in and give their opinions. With the Covid-19 situation, we were also looking for ways to cut costs. With solar, we spent less money than all the other available options,” Mr Obado told the Nation.

“When the costing was done by the quantity surveyor, it came down to almost half of what we would have spent on putting up the glass roof.”

Savings important

 

To Mr Obado, saving even a shilling means a lot and so solar was the welcome option.

“At the Kenyatta Avenue (branch), the cost of electricity per month was between Sh250,000 and Sh280,000. Based on the plan we have, we will use Kenya Power as a backup. This means we will save close to Sh140,000 which is half of what we used to pay before,” he said.

 Mr Omondi Lumbe, the electrical contractor who was in charge of the project, says he installed 96 panels on the roof that coves 250 square meters.

“The panels produce close to 33 kilowatts per hour and are in use for eight hours a day, hence produce close to 264 kilowatts daily,” said Mr Lumbe, who is a partner at Kev & Lum Construction and Electrical Company Ltd.

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Solar panels are installed at New Cafe Deli along Koinange Street in Nairobi in this file photo.

Amina Wako | Nation Media Group

To avoid more spending, they opted to use solar power directly instead of using batteries to store more energy.

Today, Café Deli only relies on Kenya Power services for between three and four hours, which is mostly at night when the solar panels are off.

“We are only using Kenya Power at night for three to four hours. That means solar power will be used for most of our 12 hours,” Mr Obado said.

He also has plans to install the solar panels at his other branches on Moi Avenue and Nkurumah Lane, Behind Kencom in Nairobi’s Central Business District.

Business effects

 

This is, however, not the first time the businessman is opting to go the solar power route.

Six years ago, when he wanted to install electricity at his rural home in Busia, he says he was slapped with a quotation of Sh800,000.

“I thought about it and wondered why I would pay such a high figure, buy a transformer which is going to be Kenya Power’s property, and still pay them every month. I settled for solar panels and it’s a decision I don’t regret,” he said.

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According to Mr Obado, the high cost of power in Kenya has rendered businesses uncompetitive compared to other countries in East Africa.

The new Cafe Deli along Koinange Street in Nairobi, which uses solar energy.

Amina Wako | Nation Media Group

Café Deli has joined several companies, universities and factories that have turned to solar power  and, in the process, cut operational costs.

This, according to Kenya Power, has dealt a blow to their already dwindling finances.

“The company operated in a challenging environment over the financial year under review, where demand growth at 3.7 per cent remained below the projected level of five per cent. The dampened demand growth is further compounded by increased threats of grid defection by the industrial category as decentralised renewable energy options are becoming more available and cheaper,” Kenya Power revealed in its latest annual report.


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Africa

Kenya has the most expensive schools in Africa costing over Sh3M a year per student

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The International Schools Database 2020, has ranked Kenya’s cluster of schools as the most expensive in Africa.

According to the report, the most expensive international schools in Kenya charge an average of Ksh 3,245,932 in school fees per year.

Kenya has a well-established private, international schools sector serving both expatriates and local elites, with schools clustered around Nairobi, Mombasa, Nakuru and Kisumu.

The vast majority teach in English and offer a British curriculum but International Baccalaureate (IB) programmes are increasingly popular.

International Schools Report 2020.
International Schools Report 2020.
FILE

There are six IB World Schools in Kenya, all of which are authorized to offer the International Baccalaureate Diploma.

Three IB programs are offered by Aga Khan Academy schools in Nairobi and Mombasa, while Braeburn Garden Estate School, which is part of the home-grown Braeburn education group, offers the IB Diploma alongside A-levels.

The Braeburn group runs seven schools in Kenya of which four are based in and around Nairobi, with the others are in Mombasa, Kisumu and Nanyuki. The schools follow the English national curriculum leading to A-levels and IGCSEs and two of them offer weekly boarding.

Other international schools in Kenya include: Kenton College Preparatory School, GEMS Cambridge International School, German School Nairobi, Greensted International Schools, St Andrew’s Senior School among others.

In late 2017, St Andrews Turi become the talk of social media after its fees structure and menu were leaked to the public.

READ ALSO:   My wife was cheating, Shaffie says on embarrassing Nax-Vegas photos

Year 7 and 8 full board students were recorded as paying Ksh 730,000 in school fees per term.

In the latest International School Fees report 2020, South Africa had the lowest maximum prices for international education in Africa (Ksh 627,798).

Kampala in Uganda was highlighted as the most affordable city in Africa for international schooling with the lowest minimum international school fees of Ksh 67,303 per year.

Below are the most costly schools in Kenya:

  • In Kenya, Education is seen as the passport to the future, for tomorrow belongs to those who prepare for it today. However, in Kenya, some of the ‘passports’ come at a cost that is enough to buy you a parcel of land and set up a nice bungalow upcountry.


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Health

Comedian Flaqo opens up on rare condition he has been battling

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Popular Kenyan comedian, Flaqo born Erastus Ayieko Otieno has for the first time spoken about a rare condition that he has been struggling with for some time.

Turns out that despite the funny man the Kenyan audience and beyond has grown to know as Flaqo Raz, he has his fair share of battles behind the cameras.

Flaqo opens up

The Internet sensation shared a photo showing red, itchy welts like a form of skin reaction on certain parts of his body.

Depending on the reactions, the welts appear and fade repeatedly and vary in size.

The YouTuber shared his condition with fans in the hope that maybe one or two can relate to what he has been going through and maybe work out a solution on the same.

“Anyone with this condition, how do you go about it?” he posed.

Comedian Flaqo rare skin condition

“Sometimes I have to postpone my shoots because they are unbearable. Zangu zilipotea for 6 months straight. Now they are back…” he replied to a fan who shared a similar experience.

Funny enough, soon as he had put up the post, he got so much feedback, with so many individuals able to relate to his skin condition, to his amazement.

READ ALSO:   'Hii ni body yangu au yako'? Nazizi dazzles in swimsuit, slams haters

“So far: try staying in the sun for a bit, bathe with warm water after taking antihistamines. To understand your condition better, make a point of seeing a dermatologist,” Flaqo shared with fans battling a similar condition, after gathering responses from his fan base.

Wrapping up urging fellow victims to take plenty of water, work out more often and avoid proteins since hives get triggered by things like particular foods, medication and stress.

By Ghafla.com


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