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VIDEO: Optiven CEO George Wachiuri appears on NTV’s Morning Show, gives his views on state of Kenyan economy

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Optiven CEO, George Wachiuri was among the guests of popular NTV morning Show AM Live on Thursday to give his views about the Kenyan markets and the economy in general.

Mr Wachiuri, an entrepreneur, philanthropist, motivational speaker and  lecturer, is also the founder of Optiven Group; a Kenyan real estate company seeking to empower property investors in Africa and other parts of the world.

The economy of Kenya is market-based  with a liberalised external trade system and a few state enterprises. Major industries include agriculture, forestry, fishing, mining, manufacturing, energy, tourism and financial services. As of 2019, Kenya had an estimated GDP of $99.246 billion and per capita GDP of $2,010 making it the 62nd largest economy in the world.

The government of Kenya is generally investment-friendly and has enacted several regulatory reforms to simplify both foreign and local investment, including the creation of an export processing zone.

However, in the recent past, the Uhuru Kenyatta administration has come under harsh criticism for its “external borrowing appetite”  which has seen it take in humongous loans from the Chinese government among other lenders.

An increasingly significant portion of Kenya’s foreign financial inflows are remittances by non-resident Kenyans who work in the US, Middle East, Europe and Asia.

As of September 2018, economic prospects were positive with above 6% GDP growth expected, largely because of expansions in the telecommunications, transport and construction sectors, and a recovery in agriculture. These improvements are supported by a large pool of highly educated professional workers. There is a high level of IT literacy and innovation, especially among young Kenyans.

In 2018, Kenya ranked 61st in the World Bank ease of doing business rating, up from 80th in 2017 (of 190 countries).[18] Compared to its neighbors, Kenya has a well-developed social and physical infrastructure.

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Lifestyle

We are just friends, woman says of ‘husband’ charged with assaulting her

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A man charged within assaulting his “wife” had bitter exchanges with the woman’s father in court as the father disputed his daughter’s marriage to the suspect.

Ferdinand Atandi was charged with assaulting Jackline Wanjugu, a Standard Gauge Railway station attendant, and causing her bodily injuries.

He is said to have snatched her phone immediately she arrived from work and forced her to disclose her pin before he started raining blows on her while armed with a knife. He later pushed her to bed threatening to kill her.

She allegedly disclosed the same after she started nose bleeding and sought help through Facebook while Atandi was hiding in bathroom.

But Atandi denied the charges before chief magistrate Heston Nyaga and claimed Jackline was his wife and the incident was a domestic issue.

But Jackline’s father Daniel Gathuma said he has no idea that his daughter was married to the suspect.

Gathuma told the magistrate that on January 13, he received a phone call at 5am from a woman who informed him that his daughter’s life was in danger following a communication she had with her on Facebook.

ABUSIVE BOYFRIEND

He was informed that Atandi allegedly wanted to kill Jackline. Gathuma claimed he drove from Utawala to Tassia in 15 minutes to rescue his daughter from an “abusive boyfriend”.

He claimed Atandi fled through a kitchen window after he knocked on the door but left a knife in the kitchen sink.

Gathuma maintained that he has been sending his daughter money to pay rent but Atandi said he lives with her at his rented house in Tassia, Embakasi in Nairobi.

The father added that he was not aware of the house rent arrangement as he has been sending his daughter Sh18,000 for rent every month.

Jackline claimed they were “just friends” and have been cohabiting and cost sharing the rent. Nyaga caused amusement in court after asking Gathuma whether Atandi had paid bride price.

“They are ‘just friends’ as I have not received any bride price from Atandi. They have been cohabiting and Atandi has only a few belongings like clothes in the house,” Gathuma said.

The two have lived together for 10 months and Jackline wanted a restrictive order to restrain Atandi from accessing the house because she fears for her life. Atandi, however, disputed this and said it was not logical since his household items were still in the house.

The issue degenerated into an argument between Atandi and Gathuma prompting Nyaga to summon the officer investigating the matter to shed light by establishing who actually owns the house between the two, before he could set bond terms and issue any restraining orders as sought by Jackline.

By NN

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Health

VIDEO: Crooks caught repackaging 300,000 expired GoK sanitary towels for sale

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By JUDITH GICOBI

Police have found over 300,000 pieces of expired sanitary towels in Juja stored in a building under construction where they were being packed afresh. 

Dorothy Megarusha, the Juja OCPD, said the expired sanitary pads belong to a business tycoon. The products were to be distributed to Mombasa, Kiambu and Kilifi Counties.

The pads expiry date was on June 2019. It is likely the sanitary towels were to be donated to school girls for free.

There were empty bags at the scene, clearly showing the pads were being repackaged. 

 “We are suspecting that maybe the person who had the position of these sanitary towels had the intention of repackaging the same into these empty packaging so that it could be supplied to schools withing either Kiambu, Muranga, Kilifi and Mombasa Counties. As the National Police service, we want to thank the members of the public for giving such information because we know that these are expired sanitary towels,” said Ms. Megarusha.

Police are pursuing the suspects.

 

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Diaspora

VIDEO: Check out how much Lupita Nyongo spends on sneakers

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By JUDITH GICOBI

Kenyan- American actress Lupita Nyongo and her co-star Winston Duke bought five pairs of sneakers worth over $ 3,000 (Ksh 300,000).

The two actors shared with Jo-La Puma, the owner of Stadium Goods, a sneaker shop based in New York City, how their sense of style is shaped by their Kenyan and Caribbean heritage.

 

 

 

The Kenyan actor says;

“I have a very stylish mother. Growing up, I was always so impressed by how she always put herself together.”

She further adds; 

“One of my aunts was a cloth designer, so I would draw up the same way. I remember designing my own prom dress. It’s the African influence because we love, love color that’s why my clothes were always out there.”

 

 

 32-year-old Winston Duke says;

“For me, fashion is very expressive because in the Caribbean color is in our blood. Growing up, expensive shoes and fashion was kinda out of reach, I would draw sneakers and dream that I would touch it someday.”

The star actors have worked together in the new psychological horror “Us” and 2018 Marvel movie “Black Panther”.

 

 

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