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No matatus in Nairobi CBD from Monday as new ban takes effect

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Public Service Vehicles will no longer be allowed access to the Nairobi Central Business District beginning Monday, December 3, the county government has announced.

In a notice published in the local dailies on Thursday, City Hall announced that 11 termini had been designated for matatus to pick and drop off passengers.

“The operators are required to take note that the above changes take effect as from December 3, 2018 and all previous gazette notices/letter allocating any other place as picking and dropping areas within CBD are hereby revoked and become null and void as from December 3, 2018,” reads the notice signed by acting County Secretary Pauline Kahiga.

All matatus that have been accessing the city centre through Thika Road, Waiyaki Way, Uhuru Highway, Kipande Road, Limuru Road, Ruiru and Kiambu Road will pick and drop passengers at Fig Tree in Ngara.

PSVs from Jogoo Road will stop at Muthurwa while those from Ngong Road will park at Railways Terminus. Matatus from Mombasa Road and Lang’ata Road will pick and drop off passengers at Hakati Terminus.

All upcountry vehicles accessing Nairobi via Waiyaki Way will drop off passengers at Park Road Terminus together with those that go past Kenol on Nyeri/Meru-Nairobi Road.

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The high capacity buses from upcountry will stop at Machakos Terminus.

All vehicles that go past Ruiru but branch off before or at Kenol Town on Nyeri/Meru-Nairobi Road will stop at Desai Service Road Terminus.

Matatus using Juja Road, Ring Road Ngara and Park Road will operate from Ngara Road Terminus.

Meanwhile, matatu operators have faulted the county government for the planned CBD ban, saying the new termini cannot hold the high number of vehicles expected to park at those locations.

Here is the notice showing the 11 termini:

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Business

BE CAREFUL WHO YOU DATE: McDonalds CEO sacked for dating an employee

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McDonald’s president and CEO Steve Easterbrook has been shown the door after showing “poor judgment” by engaging in a “consensual relationship” with an employee.

“Easterbrook… has separated from the company following the board’s determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” the company said in a statement.

“The company confirms that this leadership transition is unrelated to the company’s operational or financial performance.” added the statement.

In an email to the employees, Easterbrook, who has served as chief executive since 2015 said his relationship was “a mistake” that violated company policy.

“Given the values of the company, I agree with the board that it is time for me to move on,” the email said.

“There isn’t going to be some radical, strategic shift. The plan is working,” he added.

Under his leadership, McDonald’s share price doubled.

AFP reports that just like other fast food chains, McDonald’s is facing headwinds as consumers move to healthier dining options.

WORKPLACE RELATIONSHIPS

In recent years, workplace relationships have cost a number of top executives their jobs, moreso as the #MeToo movement gathers momentum.

 

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Business

US woos Kenya with big deals, takes swipe at China strategy

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The US has unveiled a new strategy to deepen trade relations with Kenya while taking swipe at China’s inroads into Africa.

American Ambassador to Kenya Kyle McCarter yesterday announced the roll-out of a Sh41.3 billion credit facility targeting businesses that source their products from the US, especially those dealing in infrastructure.

He also unveiled a private sector-led initiative meant to spur trade and investment in eight counties.The counties in the Prosper Counties Initiative are Isiolo, Kakamega, Mombasa, Makueni, Kiambu, Kisii, Kisumu and Nakuru.

Mr McCarter said the Export-Import Bank of the United States (EXIM) is currently reviewing “several transactions” that will benefit from the credit line.

“Several engineering firms are in discussion with the National Treasury… we believe this is a start of a strong relationship between our governments,” he said.McCarter was speaking in Nairobi at the second American Chamber of Commerce (AmCham) Business Summit that seeks to strengthen trade relations between Kenyan and the US.

And in a thinly-veiled swipe at China, which has been accused of saddling African countries with debt through its Belt and Road Initiative, the envoy said that the US advocates a “self-reliant” Kenya and that its model would not burden the country with debt.

“We’re going to put forth projects that have meaning to Kenyans. Our shared goal is to pave a path to Kenyan self-reliance, for Kenya to move from beneficiary to benefactor,” he said.

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“The United States model focuses on long-term growth and sustainability, not debt.”US Deputy Assistant Secretary for the Middle East and Africa Seward Jones urged businesses to identify potential projects that could benefit from the funding.“It is up to US and Kenyan businesses to identify those bankable projects involving US exports,” said Mr Jones.

McCarter, meanwhile, said the Prosper Counties Initiative is in line with the government’s renewed focus on Public-Private Partnerships for projects to cut borrowing.The heightened efforts at deepening trade relations between the two countries are part of a deal signed between the US and Kenya under President Donald Trump’s “Prosper Africa” initiative.

Under the agreement, the government will identify particular projects and areas that “would like to see a greater participation by US companies” mostly in the Big Four agenda.

It will also identify “business climate issues” and unlock bottlenecks that might hinder US companies from taking advantage of business opportunities.The US provides Sh1 billion annual financial assistance to Kenya ranging from health, agriculture, education and security. President Uhuru Kenyatta told investors that he would not relent on the war against corruption in a bid to improve the country’s business environment.

by Standard.co.ke

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Business

Optiven Launches A Revolutionary App that Enables You Buy Land and Earn at the Touch of Your Smart Phone

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Optiven has just made owning property much easier with the introduction of a new Mobile App that will now enable Kenyans in Africa and Diaspora to interact with real estate products at the touch of their mobile devices.

Named OPTIVEN, the app is available on both Google  Play store for android users and Apple’s App Store for Iphone users.

Amongst the key features of the App is that it will allow members of the public to earn money from Optiven’s aggressive vision of economically and socially Empowering and Transforming the society. All
that members of the public need to do is just to register through the App and become automatic Optiven
partners.

From your account on the App, you can then refer relatives, friends and colleagues to buy Optiven
properties.

“The App keeps all the input records and it is able to alerts the account holder when referrals
have bought a property and it automatically credits Kshs20, 000 to Kshs50, 000 to the registered account.
The amount squarely depends on which project the customer likes. This will provide passive income to the
owners of the Optiven App,” says Mr. George Wachiuri, the CEO, Optiven Group.

What’s more, this App has been designed with global standards, meaning that data security is guaranteed.
The App is able to provide customers peace of mind.

“You need not send anyone to view your property as the app is able to locate the property coordinates
through the use of Google Earth facility incorporate on the App. The customer is able to communicate on
the app, view the statement, get updates and get inspiration nuggets. The app will reduce customers’ stress
by providing all the information on customers’ hands. You only need smart phones to own a property.
Land ownership is now made easier,” says Mr. Wachiuri.

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The Group’s CEO notes that this App is set to drastically change the way Optiven does its operations.
“The App will catapult Optiven to a league of visionary companies dealing with Big Data. Optiven is
expected to grow more than 5 times and life is going to be easier for staff. Staff will get more time to
innovate and think as the customer loyalty increases due to the ease of transacting business. This is a
major milestone not only for Optiven but to the real estate industry,” he notes.

Members of the public have now been given capacity to enjoy and eat the Optiven cake. This is actually
taking Optiven to the public. The digitized Optiven will deliver more efficient services to customers, staff
and other stakeholders.

For property buyers wishing to buy land with Optiven, they are now more at 100% peace. All you need is
to download the Optiven App from Google Play and App Store. You search properties under the many
projects available in several counties and make a selection. You can pick and the property goes to your
shopping basket or to the wishlist. You then register your details as you book a site visit (online). The
App gives you options on the day and dates that you are available for the visit.

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While choosing the date you can reserve for 48 hours and the plot finally becomes available for the market
after 48 hours if you do not pay. If you pay, the plot moves out of the property list automatically.
At the same time, the App gives you options to enter the deposit and shows you the monthly payments. It
also has an inbuilt calculator to make it easy for you to get the actual figures.

Once you pay, it will show you the statement, send you a receipt and it will remind you when the next installment is due. The App will be able to update the customer on hot deals, Optiven Philanthropy works and give our
customers some constant flowing life-charging nuggets.

Going into the near future, Optiven projects that this App will be among the most preferred Apps in
Africa. “I see it as an Earning App or an Investment App. This is one App that every Kenyan worldwide
will like to have on their phone.

It is a download that gives you money when you least expect. You only
need to keep updating on all those interested on property ownership and investment. We plan to develop
this App to Phase 11 and Phase 111,” says George.

He notes that at phase 111, it will be an App that connects the market and the buyer’s. “We shall allow
other credible real estates to use our platform. This is why we said that, the App is the new disruption to
the real estate industry. It is no longer business as usual. Optiven believes in the power of innovation that
disrupts the industry,” he says.

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Optiven Group is a leading brand in the African real estate sector whose main objective is to empower property investors and transform the Society. Optiven Group also has a soft arm, which undertakes charity works, by the name Optiven Foundation.

The Foundation has so far been involved in numerous philanthropic works in its quest to transform the social wellbeing of thousands of Kenyans. Optiven Group is captained by its Founder and
CEO, George Wachiuri, and is rightly living up to its mission, which is to create an environment that positively
transforms its staff, customers and all its stakeholders through offering state of the art products and services.

The Group was recently singled out as one of the companies that will inspire Africa in 2019, by the London Stock
Exchange. Optiven also took home two winner’s trophies for the Land Agent of the Year and the Best Value Added
Land Selling Company during the 2nd Annual Real Estate Excellence Awards, 2019. As a market leader in the
property sector, Optiven scooped the best employer in East Africa 2019 by East Africa Best Employer Brand
Awards.

Optiven also scooped the overall winner’s trophy in Top 100 Mid-Sized Companies Survey, 2014/2015 by
KPMG and Nation Media Group. The Group also won the Best Company in Customer Orientation & Marketing in
Kenya (COYA AWARDS) – 2015.

For more Information Visit:
Website: www.optiven.co.ke

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