Nation 31 Mar 2016
Nation 31 Mar 2016
Nation 31 Mar 2016
Kenya is set to miss the April 5 deadline set by the World Anti-Doping Agency for the enactment of
a law to deter doping despite the introduction of the Bill drafted by the State yesterday. P. 75
Education > Exam-obsessed old way with its emphasis on theory to be replaced with teaching of skills crucial for jobs
At Stake
WHAT THE TEACHERS WANT
To nurture creative thinking,
problem solving, self-reliance and
innovation among learners as
opposed to the current approach
that demands rote learning
Raila takes
on Jubilee
for failing
to end graft
Brutal killing
of noble simba
P. 3 A game ranger nishes
o a beautiful, black-maned
lion at Isinya, near Nairobi,
yesterday. The cat had left
the safety of the Nairobi
National Park and wandered
into a settlement. The lion,
one of only 35 in the park
and 2,000 remaining in the
whole country, was shot with
arrows, taunted and stoned
by vigilantes in pick-up
trucks. Cornered, he slapped
down a man on a motorbike.
Rather than sedating and
moving him, the ranger shot
him nine times. The feline
died in roars of fury and pain.
BY REBECCA OKWANY
Cord leaders Raila Odinga and
Kalonzo Musyoka yesterday accused the Jubilee administration
of failing to tame corruption
on the eve of President Uhuru
Kenyattas State of the Nation address in Parliament.
Speaking separately, the Cord
leaders urged Kenyans to vote
out the Jubilee Coalition in the
next elections. Mr Odinga, who
spoke as he started a two-day
visit to Laikipia and Samburu
counties, listed the return of
grand corruption, frustration
of the devolution system and
unfair electoral practices as
signs of a failing regime.
PHOTOS | AFP
STORY ON PAGE 5
INDEX
Opinion P. 14-15, 18
Letters P. 16
International P. 29-34
Business P. 37-43
Sport P. 75-79
2 | National News
Beautiful Kenya > The place was also used by Kaya elders for prayers
News Summary
Thursday March 31, 2016
Economy, p. 8
HISTORIC PLACE
TO BE
It is managed by a
community-based
organisation and opens
doors to tourists from 8am
to 6pm daily
The dark shades inside the
5km long caves are a sad
reminder of inhumanity
Captured slaves from the
local communities were
rst taken to the main slave
markets
FILE | NATION
Tourists at the Shimoni Caves in Kwale County. The caves were used as
a waiting pen for captured slaves.
metallic studs that are well
reserved in the caves tell the
sorry story of the African slave
trade victims. The dark shades
inside the 5km long caves are
a sad reminder of inhumanity
that can only make a modern
anti-human tracking activist
come to terms with real facets of
crimes against humanity.
This historical site is managed
by a community-based organisation and opens doors to tourists
from 8am to 6pm everyday at
an aordable fee. Tour guides
vividly explain to mesmerised
visitors the sad story of their
ancestors, pointing out how the
slave masters piled their victims
into waiting dhows before being
sailed away into vanity.
Arab slave caravans colluded
with their African counterparts
Courts, p. 11
Africa, p. 29
Business, p. 41
Sports, p. 78
National News | 3
Journeymen > Foreign Aairs Ministry laments numerous and increased requests for trips
COMMENTS
Go to this link
to join the
debate and to
see views from
other readers:
www.nation.co.ke
BY ISAAC ONGIRI
@ongiri2
[email protected]
Mozambique or Australia?
FILE | NATION
10
The Ministry of
Foreign Aairs and
International Trade
has written to us
observing that, in spite
of measures put in place
to rein in the runaway
clamours for travel
abroad by government
ocials, the ministry
continues to receive
numerous and increased
number of requests for
facilitation
Foreign Aairs Ministrys letter to the Council of Governors
4 | National News
Education > If approved, system will replace 8-4-4, which has been in existence since 1985
BY OUMA WANZALA
Summary
ELDORET
National News | 5
on imparting skills
National conference told
of high dropout between
primary school and fourth
form, averaging 900,000
BY DAVID ADUDA
An average of 900,000 children who
enter Standard One drop out before reaching Form Four, the National Education
Reforms Conference heard yesterday.
And half of those who transit to Form
Four never acquire grades to pursue higher
education or seek training in professional
courses at the middle-level colleges.
A High dropout rate was recorded between Standard Six and Form Two, which
are critical years in the growth of children,
most of them entering adolescents. This
is the period of emotional turbulence, and
when confronted with a hostile learning
environment in schools, they are unable
to cope and opt out.
These sobering statistics demonstrate
the high level of wastage in the current
education system, largely attributed to
the demanding curriculum under the 84-4 system and the nancial burden of
sending children to school.
Prof Harry Kaane of Moi University,
who presented the gures, also reported
that 78 per cent of the students currently
enrolled in universities were pursuing
arts and humanities courses, which was
at variance with the countrys national
goals coded in Vision 2030 that puts science and technology at the centre of the
We propose a curriculum
that links knowledge
with real life experiences
and puts emphasis on
collaborative rather than
individual learning
Prof Laban Ayiro, Moi University
900,000
On average,
the number of
children who drop out between
Standard One and Form Four
BY OUMA WANZALA
paths, including vocational skills and talent management. Years for tertiary and
university level have not been determined.
Learners should also have opportunities
to drop out and rejoin the school system
and continue with studies without any
hindrance.
Another presenter, Prof Laban Ayiro,
also of Moi University, said learning
content under the proposed curriculum
would be based on themes and contextualised such that when a student learns
about a subject like science, the economic,
social and cultural dimensions will also
be taught.
We propose a curriculum that links
knowledge with real-life experiences and
puts emphasis on collaborative rather than
individual learning, he said.
The acting Chief Executive of Vision
2030, Prof Gituro Wainana, underscored
the need for retraining and proper remuneration of teachers to enable them deliver
the new curriculum.
He called for a review of admission of
those joining the teaching profession, saying only top students should be allowed
to train to become teachers to guarantee
quality teaching in schools.
A Kenyatta University lecturer, Prof
Grace Bunyi, said the new curriculum
must be interpreted and communicated
in a manner that allows teachers, students,
parents and communities to understand
its desired outcomes and their roles in
its implementation. The 8-4-4 system
was largely bungled at implementation
because various interest groups never
understood their roles and what was
expected of them.
Start trials
PRESS RELEASE
29th March, 2016
The Vice Chancellors and Principals of all Public Universities and Constituent Colleges held an extensive
consultative forum with the Cabinet Secretary, Dr. Fred Matiangi and Principal Secretary, Prof. Colleta Suda,
Ministry of Education, Science and Technology on March 29, 2016 at the University of Nairobi Council Chambers.
The Commission for University Education, University Funding Board, Higher Education Loans Board and other key
stakeholders were in attendance.
The following resolutions were made;
1)
Children will be
as good as the
education they
receive and society is
as good as the children
it brings up. We need
a curriculum that
competes with US,
China
Mr William Ruto
That the forum supports the implementation of the Differentiated Unit Cost (DUC) and therefore
going forward, funding to Universities and constituent colleges should be done on the basis of
differentiated unit cost to promote equity in funding of Public Universities and Colleges.
The DUC proposes to use a standard objective formula that will ensure equity in allocation of funds
to Universities and constituent colleges based on a standard rate per course per student.
2)
The Vice Chancellors , principals and other stakeholders noted with appreciation that the Kenya
Universities and Colleges Central Placement Service has continued with the legacy of Joint Admissions
Board (JAB) where each Kenyan Student accesses the course of choice on the basis of merit,
transparency and equity.
The centralized placement offers a common platform to avoid duplication of admission which in
effect would deny other deserving Kenyans opportunities in Universities and Colleges, as provided for
by the Universities Act of 2012.
It was therefore resolved that the Vice Chancellors and Principals are vehemently opposed to the
Amendments to the University Act Section 16 and 17 that proposes to do away with centralized
placement and revert the responsibility of placement to individual universities and colleges.
6 | National News
Politics> Former Prime Minister says he will soon reveal more details on corruption scandals
BY ABIUD OCHIENG
BY BERNARD NAMUNANE
[email protected]
Tunoi lawyers
to meet with
tribunal today
runaway corruption that has seen billions lost in the Eurobond proceeds,
the National Youth Service scandals,
and Youth Funds stolen millions,
among others by state agencies,
he said at Doldol shopping centre
in Laikipia.
The ODM leader said the funds
lost under Jubilee leadership could
have been used to improve security
FILE | NATION
Cord leader Raila Odinga (right) with Mombasa County Governor Hassan Joho
and his Deputy Hazel Katana (left) in Malindi early this month.
and infrastructure in Laikipia and
Samburu counties, which he said
were marginalised.
Mr Odinga called for comprehensive investigations into the Youth
Enterprise Development Fund and
asked Jubilee to be ready for more
questions and revelations on the
Eurobond proceeds.
He cited changes to laws governing
community land as yet another attempt
by Jubilee to frustrate the functioning of county governments and take
power away from marginalised communities especially on matters of land.
He opposed the Community Land
Bill fronted by Jubilee, saying it
would further disenfranchise the
landless in Laikipia and other coun-
Secret communication
|7
8 | National News
State of the Nation > Corruption, which was last years main challenge, remains a serious issue
BY BERNARD NAMUNANE
of merchants of impunity. We
should amend the Constitution
to deny those accused of corruption bail, Mr Kabando said.
Once we tackle the problem,
we will end unemployment. The
Judiciary should assist the Executive in tackling this vice.
The President is the public gure most Kenyans can identify
from a photograph. Ninety-one
per cent of respondents could
say his name and role.
Cord leader Raila Odinga is
the second most recognisable
public gure with 82 per cent
knowing who he is but only 71
per cent being able to state his
Opinion poll
WHAT THEY
WERE ASKED
Question: What are the
three most serious problems facing Kenya
1. Corruption
2. High cost of living/
ination
3. Joblessness
4. Poor leadership
5. Poverty/rich-poor gap
6. Hunger/drought
7. Tribalism/ethnic tensions
8. Poor infrastructure
9. Terrorism
10. Crime
role.
Seventy-eight per cent of Kenyans were able to pick out US
President Barrack Obama from
a line-up while the percentage
for Deputy President William
Ruto was 77.
According to the poll, which
was conducted between November 12 and December 24 in all
counties, the President is the
best performing public servant
(35 per cent) ahead of his deputy
(30 per cent) and the attorneygeneral (23 per cent).
The poll revealed that 79
per cent of Kenyans think the
government has done poorly in
tackling inequality.
Almost three quarters or 73
per cent of those polled faulted
the governments tackling of
corruption with only ve per
cent nding the attempts satisfactory.
Just 14 per cent of respondents
think MPs are doing a good job
compared to 17 per cent who rate
MCAs highly.
This is not true. When there
are functions in constituencies,
residents are more interested in
listening to speeches by MPs and
not MCAs, Mr Kabando said.
MPs are still held in high
esteem. We are also not competing MCAs.
At 74 per cent, the media are
rated more favourably than religious leaders who are trusted by
62 per cent of Kenyans. EACC
has trust of just 16 per cent of
Kenyans.
National News | 9
Experts: El-Nio to
blame for heatwave
But relief on the way
with rains expected
before end of week,
says weatherman
BY WAGA ODONGO
he after-eects of last
years El-Nio phenomenon,
coupled
with global warming, are to
blame for the current high
temperatures the country is
experiencing, experts have
said.
However, relief from the
heat is around the corner as
the weatherman has indicated
that the long rains are likely to
start by the end of this week.
In recent days, Nairobi,
whose average temperature is
normally around 26 degrees
Celsius in March, has been
enveloped by a heat wave, with
temperatures rising beyond the
30-degree Celsius mark.
These high temperatures,
however, follow a global phenomenon; as a result of the
recent El-Nio rains, February
was the hottest ever recorded
globally, according to American space agency Nasa, whose
records go back 120 years.
January was also the most
sweltering in the planets history.
Data from the space agency
Background
THERE IS NO
HEATWAVE
The high temperatures
have caused tension with
reports that it will get
worse due to what has
been termed as Equinox
phenomenon. However,
the Kenya Meteorological
Department dismissed a
heat wave alert message,
saying Kenya is not
experiencing any heat
wave.
No relation
Attorney-General Githu Muigai (left) during the Oce of the Attorney-General and Department of Justice
Colloquium for State Counsel at the Kenya School of Government in Nairobi, yesterday. With him are: Solicitor General Njee Muturi (left), Kenya Law Reform Commission CEO Joash Dache and Deputy Solicitor
General Muthoni Kimani.
Career progression
10 | National News
525
Sh12bn solar
project given
green light
Plant expected to
power close to 625,000
homes and create at
least 1,000 jobs
BY ELIZABETH MERAB
@emcleans
[email protected]
he Rural Electrication
Authority has approved
a Sh12.8 billion, 55megawatt solar power plant
in Garissa County.
Established through a
concessional funding from
the Chinese Government, the
project is expected to start
this July and take a year to be
completed.
The project, which could be
the largest solar power station
in Africa once completed,
will power close to 625,000
homes.
The plant will be situated
20km from Garissa town.
The Chinese Government
last year had announced that
it would construct the plant
following an agreement with
the Kenyan Government.
Speaking yesterday in
The details
WHAT IS
TARGETED
Employment opportunities: It is expected to create at least 1,000 jobs.
Beneciaries: Close to
625,000 homes are to
be powered by the plant.
Power generated is also to
be consumed in Nairobi.
Small towns: Mini-grids
Training: Locals to be
trained to man plant.
BY STELLA CHERONO
Consumption of alcohol has
claimed more than 30,000 lives
in the past five years, the National Authority for the Campaign
against Alcohol and Drug Abuse
has said.
Nacada Chairman John Mututho
yesterday said there was a worrying
trend of younger people dying as a
result of alcohol consumption.
There is a higher number of
high school students engaging in
substance abuse as there was a few
years ago and something has to be
done about it, said Mr Mututho.
The former Naivasha MP said
there was a need for the government to invest more in the ght
against alcohol and drugs as it has
in the war on terror.
Factories closed
Daily sunlight
Alcohol has
killed 30,000
in ve years,
says Nacada
Implicating evidence
Sonko denies
fake Facebook
account holder
BY VINCENT AGOYA
Nairobi senator Mike Sonko has
denounced a Facebook account
allegedly opened with intent to
swindle the public.
The senator, who was testifying in
a criminal case in which Mr Joseph
Gitau is charged with making the
Mike Sonko Foundation page, said
he had never posted a request for
funds from the public.
Mr Gitau had requested that the
case starts afresh after he wrote to
the Chief Justice, claiming he had
lost confidence in the previous
trial court.
The man is an imposter and a
con man, who used my name to
fool well-wishers on Facebook, the
senator told Principal Magistrate
Kennedy Cheruiyot at the Milimani
law courts.
The accused denied charges of
misuse of a licensed communication system and impersonating the
senator. Hearing continues.
National News | 11
Justice > Mr Tobiko has, however, said he will appeal the courts decision to free the accused
BY PETER LEFTIE
Declaring me
unt to hold
oce illegal,
says judge
BY ABIUD OCHIENG
A High Court judge has termed as
unlawful the decision by the Judges
and Magistrates Vetting Board to
declare him unt to serve in the
Judiciary even after he had already
tendered his resignation.
High Court Judge Nicholas Ombija, through lawyers Francis Wasuna
and Roger Sagana, yesterday told
Justice Weldon Korir that he had
already resigned by the time he was
declared unt to serve.
Move unlawful
12 | National News
BY DAVID MACHARIA
State agencies
deny erecting
road humps
BY NGARE KARIUKI
Family members carry the body of eight-year-old Salome Wambui Warutere yesterday. The girl was killed by a
man last week. Seven other girls have been beheaded in the last six months.
Workers to be feted
in Beyond Zero drive
BY EUNICE KILONZO
Individuals, groups and
institutions addressing
HIV, maternal and new born
health will be recognised for
their efforts through the
Beyond Zero Award by First
Lady Margaret Kenyatta.
The award, which will
honour excellence and innovation in maternal and
children health provision,
will be launched in September during a national
leadership summit bringing
together key stakeholders.
It will also take stock of
progress made and chart
the way forward in future
collective action.
The details of how the
winners will be identified
and rewarded will be made
public today at the conclusion of a two-day meeting
of national and county
health leaders discussing
the progress towards elimination of mother-to-child
HIV transmission.
According to Health Principal Secretary Nicholas
Muraguri, who was the chief
guest at the meeting, Kenya
is making great strides in addressing maternal health.
Three years ago, more
than 100,000 children died
annually before their fth
birthday, now, it is about
70,000. That means, about
The strategy
FIRST LADYS
CAMPAIGN AIMS
Educate adequate
skilled birth attendants
Have adequate HIV
testing, prevention and
treatment programmes
Attain 100 per cent child
immunisation against
polio, pneumonia, measles
Increase use of insecticide-treated mosquito
nets to prevent malaria
Promote exclusive
breastfeeding of infants
for the rst six months
BRIEFLY
TAITA-TAVETA
NAIROBI
| 13
14 | Opinion
Education changes
need full support
NATION-BUILDING
CHARLES ONYANGO-OBBO
Ask yourself
why the central
government
in Nairobi would
bother at all to take
development to the
Coast or the northeast,
and to co-opt some of
the local leaders ... One
reason is if it does not,
they could secede
Opinion | 15
LIBERALISATION
JAMES G. KARANJA
Seed companies
want to be more
directly involved
in the National Seed
Regulation Committee
view the system of national
performance trials, which are
a condition for variety release
in Kenya. Companies pay a
hefty fee to propose crop varieties for release, which are then
tested for up to two years or
even longer. The release committee, composed largely of
government representatives,
decides whether a crop variety
can be oered to farmers. If
this system must remain, then
some requirements, such as
the expectation that any new
variety yield at least 10 per cent
more than its predecessors,
should be done away with. In
other countries, a more incre-
EDUCATION
ANGEYO H. KALAMBUKA
The entry point to
pursuing quality
is to compel our
universities to begin to
function like world-class
institutions
extent that consumers choice
determines the market price, we
should not complain.
Universities countrywide are
going through an exasperating
set of motions called scholarship. In the grand struggle to
get knowledge o the page and
into the heads of the scholars,
our universities are suering a
spectacular and most disconcerting defeat.
Isnt it from here that in the
past several years most lectures
joined the conveyer belt of what
current leadership.
The entry point to pursuing
quality is to compel our universities to begin to function like
world-class institutions free
of political interference and
intellectual incest, with proper
governance structures, meritbased hiring and promotion
of sta, and without stiing
bureaucracy. I know of no university in the country that has
an international advisory board.
Second is to establish new
goals and new ways to regulate
and evaluate universities performance. Care should be taken
not to underestimate the power
of mediocrity and nepotism.
Money is not everything. Public
universities can do better with
the limited resources available if
they nd productive niches.
Lastly, although we might
disagree about what subject
matter should be taught in the
universities, it is high time to
consider seriously the question: Can we teach everyone? In
sports, coaches are expected to
develop only promising material. No parent will complain if
their under-size son with awkward legs does not become a
football star.
Dr Kalambuka teaches physics at the University of Nairobi.
[email protected]
E-mail: [email protected]
or write to Watchman,
POB 49010, Nairobi 00100.
Fax 2213946.
16 | Letters
To the editor
8-4-4 system good and
only needs few changes
We have used the 8-4-4 education
system for a long time and learners
and teachers are now accustomed
to it. Some people have complained
that it is tedious and encourages
cheating in national examinations.
But getting rid of the system is not
a good idea. It only needs some
adjustments and a few key changes.
The Kenya National Examinations
Council needs to be more careful and stricter when setting and
marking national exams to avoid
cheating. Changing the system now
will also present its own problems.
EVANGLINE MOLA, Maseno
Bill on absenteeism by
MPs a recipe for chaos
The move by MPs to introduce a
Bill giving them immunity from any
political consequences if a member
misses eight parliamentary sittings
without a valid and written reason
to the Speaker is uncalled for. If
passed, such a law will be a recipe
for chaos. The core mandate of
MPs is to represent Kenyans. If the
law allows them to be absent without consequences, this will escalate
absenteeism and create room for a
few individuals to make biased decisions due to lack of representation.
GEOFFREY MUNAI, Nandi Hills
Fight corruption to
record rapid growth
Treasury Cabinet Secretary
Henry Rotich is upbeat that the
economy will grow by six per cent.
This has been occasioned by the
ability to generate more electricity
with 600 megawatts from geothermal sources added to the national
grid. But although this has lowered
the cost of power, many people are
yet to fully benet due to insecurity, public wastage and corruption.
These must be addressed.
PETER KARURI, Kisumu
The editor welcomes brief letters on topical issues. Write on e-mail to: [email protected]
ationmedia.com You can also mail to: The Editor, Daily Nation,
POB 49010, Nairobi 00100.
TALKING POINT
SHORT TAKES
Members of the National Civil Society Congress speak against corruption during a media brieng in Nairobi: If President Uhuru Kenyatta does not seriously
tackle corruption, his legacy will be in tatters.
patient who appears well from
the outside. The rate at which the
sickness is spreading, the high
public wage bill, joblessness, corruption and high cost of living,
mean the nation could soon collapse.
The public wage bill stands at
53 per cent of the national Budget
and gobbles up 55 per cent of the
revenue collected. Recurrent expenditure squeezes out resources
for development. Your government must exercise prudent
management of public nances.
The government should also
spark an industrial revolution in
Kenya. The government must
address corruption and wastage
of resources. A third of the gov-
YESTERDAYS QUESTION
DEBATE QUESTION
What are your views on reports that teachers and the police colluded to leak the 2015 KCSE exam?
| 17
18 | Opinion
REFERENDUM
MOHAMED A. EL-ERIAN
Without a
solid strategic
vision, British
citizens could end
up ignoring analytical
pragmatism and
instead decide how to
vote in response to a
sudden event
reaucracy and stop the ow
of British taxpayer funds to
other countries. The proBrexit camp also positions
itself as ghting to protect
Britain from an uncontrollable inux of immigrants,
imported terrorism, and laws
formulated by foreigners
who lack sucient understanding and appreciation of
British culture.
In a noisy and rough campaign, the appeal of such
simplistic arguments is obvious. But Brexit is far more
complex than the sound
bites suggest.
At the most fundamental
level, Britains interest in the
EU has centred on its status
as a kind of supercharged
free-trade area and an enabler of a common passport
outcome.
That is why remaining in
the EU would be Britains
best bet. Such an approach
would enable the UK to
avoid the near-certainty of
short-term disruptions, bank
the concessions that Cameron has already secured,
and keep their future options
open, particularly as the EU
itself evolves.
Without a solid strategic
vision, British citizens could
end up ignoring analytical
pragmatism and instead
decide how to vote in the
referendum in response to a
sudden event. Given the horric terrorist attacks in Paris
in November and in Brussels
last week, one must not ignore the possibility that the
deplorable actions of disruptive non-state actors could
become the pivotal factor
determining the outcome of
a referendum on the historic
interactions of nation-states.
Should this awful possibility materialise, it would be a
tragedy in more ways than
one.
Mr El-Erian, chief economic
adviser at Allianz, is chairman
of President Barack Obamas
Global Development Council.
Copyright: Project Syndicate,
2016
DIRECTIVE
Wetangula:
Cord made
right choice
Cords decision to support Bungoma Senator Moses Wetangulas
presidential bid is a show of democracy and unity.
The launch of Mr Wetangulas
bid has in the recent past met
with protests from Kakamega
Governor Wyclie Oparanya, who
had warned against holding the
event in Kakamega, claiming that
it was a threat to Cords unity.
But to salvage the looming
disunity not only among the Cord
principals but also western Kenya
leaders, the coalition has decided
to bring the two together.
We hope that the same tactic
will be used to resolve the stalemate between Mombasa Governor
Hassan Joho and Senator Hassan
Omar.
Competition is healthy in any
democratic setup and people
must be allowed to sell their ideas
to the electorate. However, witchhunting should be avoided.
Even as we approach the next
General Election, coalitions and
parties should maintain their
unity and there should be no bad
blood between their supporters.
This unity can only be achieved
if there is fairness and democracy
in the way the parties conduct
their activities. This will enable
them to win the electorates trust.
OYUGI ZABLON, Migori
REPUBLIC OF KENYA
SEX
POSITION
MALE SECRETARY TO THE
COUNTY PUBLIC
SERVICE BOARD
VETTING DATE
5TH APRIL, 2016
TIME
2:30PM
Members of the public are invited to attend and/or submit any information/
memorandum/petition under Oath that may have a bearing on the selection of the
above named candidate. You may submit your comments to the office of the Clerk
of the Assembly not later than Monday, the 4th April, 2016 by 5:00 pm.
Or addressed to:
THE CLERK,
MIGORI COUNTY ASSEMBLY,
P.O BOX 985-40400.
SUNA MIGORI
(TOM O. ONYANGO)
CLERK TO THE MIGORI COUNTY ASSEMBLY
Agro-Chemical and Food Company Limited (ACFC) invites interested and competent bidders to apply for
Provision of the services listed for the period starting July 1, 2016 and ending June 30, 2017.
S/No.
1.
2.
3.
4.
5.
6.
REFERENCE No.
ACFC/HR/01/2016/7
ACFC/HR/02/2016/7
ACFC/HR/03/2016/7
ACFC/HR/04/2016/7
ACFC/INS/01/2016/7
ACFC/INS/02/2016/7
SERVICE DESCRIPTION
Provision of Medical Services(OPEN)
Provision of Security Services(PREFERRED)
Provision of Canteen Services(PREFERRED)
Provision of Grass Cutting & Sanitation Services (RESERVED)
Provision of Health/Medical Insurance Services(OPEN)
Prequalification for Provision of General & Life
Insurance Brokerage Services (OPEN)
Interested eligible bidders may obtain further information and inspect the bidding documents at the
address given below during normal working hours.
Procurement Office at Muhoroni Factory Telephone: 020-233 4180/1 and 020 233 4020 /1, or
Mobile: 0722 205 447/8 and 0734 242 871
A complete set of tender documents may be obtained from the above offices upon payment of a nonrefundable fee of Kshs.1,000.00 per set in cash. Bidders may also download the tender documents
from the IFMIS Portal (http://supplier.treasury.go.ke/site/tenders.go/index.php/) or the companys
website: www.acfc.co.ke free of charge. Those who download the document must arrange to forward
their particulars to [email protected] before the closing date for records and for the purposes of
receiving any further clarifications and/or addendums.
Completed tender documents in plain sealed envelopes clearly marked with the appropriate Tender
Reference Number & Name of service applied for, and the words DO NOT OPEN BEFORE APRIL 21,
2016, AT 12.00 NOON should be addressed to:
The Resident Director and Chief Executive
Agro-chemical and Food Company Limited
P.O. Box 18 40107
Muhoroni, Kenya
Or be deposited in the tender box at the entrance to the main administration block at Muhoroni Factory
so as to be received by 12.00 hours on or before April 21, 2016. Tenders will be opened immediately
thereafter in the presence of the candidates representatives who choose to attend.
www.acfc.co.ke
County | 19
COUNTY NEWS
SONY SUGARS BITTER FORTUNES >
Massive losses recorded as beleaguered Sony Sugar
Company fails to harvest cane. PAGE 26
For comprehensive
stories, go to
nation.co.ke/counties
New lawyers
in town
From left: Ms Silvia
Kerubo, Mr Royford
Mwenda and Ms Irene
Omambia take seles
shortly after they were
sworn in as advocates
of the High Court of
Kenya yesterday. The
ceremony to admit
the new lawyers to
the Bar was held at
the Supreme Court in
Nairobi.
BRIEFLY
Meru >
Nyeri > County chiefs have opposed plans to return health docket to ministry
Nyeri >
Tharaka-Nithi >
20 | County
A.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
B.
22
23
24
25
26
27
28
29
30
31
32
33
34
C.
35
36
37
38
39
40
41
42
43
1
1.1
1.2
1.3
1.4
1.5
2
2.1
2.2
2.3
2.4
3
4
4.1
4.2
4.3
4.4
4.5
4.6
5
6
6.1
6.2
6.3
6.4
6.5
6.6
6.7
6.8
7
8
9
10
11
12
13
13.1
13.2
13.3
13.4
13.5
14
15
1.
a)
b)
c)
d)
e)
f)
g)
2.
a)
b)
c)
3.
a)
b)
c)
d)
4.
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
l)
m)
n)
o)
5
a)
b)
c)
ASSETS
Cash balances (both local and foreign)
Balances due from Central Bank of Kenya
Kenya Government and other securities held for dealing purposes
Financial Assets at fair value through prot and loss
Investment Securities:
a) Held to Maturity:
a. Kenya Government securities
b. Other securities
b) Available for sale:
a. Kenya Government securities
b. Other securities
Deposits and balances due from local banking institutions
Deposits and balances due from banking institutions abroad
Tax recoverable
Loans and advances to customers (net)
Balances due from banking institutions in the group
Investments in associates
Investments in subsidiary companies
Invesment in joint ventures
Investment properties
Property and equipment
Prepaid lease rentals
Intangible assets
Deferred tax asset
Retirement benet asset
Other assets
TOTAL ASSETS
LIABILITIES
Balances due to Central Bank of Kenya
Customer deposits
Deposits and balances due to local banking institutions
Deposits and balances due to banking institutions abroad
Other money market deposits
Borrowed funds
Balances due to banking institutions in the group
Tax payable
Dividends payable
Deferred tax liability
Retirement benet liability
Other liabilities
TOTAL LIABILITIES
SHAREHOLDERS FUNDS
Paid up/assigned capital
Shareholders contributions pending allotment
Share premium (discount)
Revaluation reserve
Retained earnings/ (Accumulated losses)
Statutory loan loss reserve
Proposed dividends
Capital grants
TOTAL SHAREHOLDERS FUNDS
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS
2. STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 31ST DECEMBER 2015
INTEREST INCOME
Loans and advances
Government securities
Deposits and placements with banking institutions
Other interest income
Total Interest Income
INTEREST EXPENSES
Customer deposits
Deposits and placements from banking institutions
Other interest expenses
Total Interest Expenses
NET INTEREST INCOME(LOSS)
OTHER OPERATING INCOME
Fees and commissions on loans & advances
Other fees & commissions
Foreign exchange trading income
Dividend income
Other income
Total other operating income
TOTAL OPERATING INCOME
OPERATING EXPENSES
Loan loss provision
Sta costs
Directors emoluments
Rental charges
Depreciation charge on property and equipment
Amortisation charges
Other operating expenses
Total Operating Expenses
Prot/(loss) before tax and exceptional items
Exceptional items
Prot/(loss) after exceptional items
Current tax
Deferred tax
Prot/(loss) after tax and exceptional items
Other Comprehensive Income:
Gains/(Losses) from translating the nancial statements of foreign operations
Fair value changes in available-for-sale nancial assets
Revaluation Surplus on property, Plant and Equipment
Share of other comprehensive income of associates
Income tax relating to components of other comprehensive income
Other comprehensive income for the year net of tax
Total comprehensive income for the year
3. OTHER DISCLOSURES
NON-PERFORMING LOANS AND ADVANCES
Gross non-performing loans and advances
Less interest in suspense
Total non-performing loans and advances (a-b)
Less loan loss provisions
Net non-performing loans and advances (c-d)
Discounted value of securities
Net NPLs exposure (e-f)
INSIDER LOANS AND ADVANCES
Directors, shareholders and associates
Employees
Total Insider Loans, Advances & other facilities
OFF-BALANCE SHEET ITEMS
Letters of credit, guarantees and acceptances
Forwards, swaps and options
Other contingent liabilities
Total o balance Sheet items
CAPITAL STRENGTH
Core capital
Minimum statutory capital
Excess (deciency) (a-b)
Supplementary capital
Total capital (a+d)
Total risk weighted assets
Core capital/ total deposit liabilities
Minimum statutory ratio
Excess (deciency) (g-h)
Core capital/ total risk weighted assets
Minimum statutory ratio
Excess (deciency) (j-k)
Total capital/ total risk weighted assets
Minimum statutory ratio
Excess (deciency) (m-n)
LIQUIDITY
Liquidity Ratio
Minimum statutory ratio
Excess or deciency (a-b)
31.12.2014
Kshs.000
Audited
31.12.2015
Kshs.000.
Audited
201,664
476,373
53,435
137,318
435,226
53,404
1,676,948
-
1,420,370
-
163,050
136,197
4,660,466
69,631
1,617
324,242
93,892
7,857,515
593,355
96,460
5,271,104
92,881
2,726
325,491
68,015
8,496,350
6,231,436
29,636
6,261,072
6,217,683
38,582
6,256,265
1,645,513
8,849
(267,083)
209,164
1,596,443
7,857,515
2,052,673
8,849
193,580
(223,795)
208,778
2,240,085
8,496,350
682,425
145,354
31,353
3,893
863,025
795,785
170,793
59,609
2,551
1,028,738
555,624
1,135
556,759
306,266
672,256
1,046
673,302
355,436
134,535
18,977
16,038
1,588
15,732
186,870
493,136
99,288
19,666
24,429
2,726
1,493
147,602
503,038
78,409
136,923
19,152
31,984
30,481
3,962
108,133
409,044
84,092
87,754
154,211
12,872
41,641
30,260
1,190
133,457
461,385
41,653
84,092
12,145
71,947
41,653
(1,249)
42,902
71,947
42,902
552,139
93,332
458,807
324,450
134,357
134,357
-
831,374
97,780
733,594
212,793
520,801
520,801
-
344,063
15,611
359,674
464,240
16,151
480,391
367,873
487,031
854,904
663,190
477,847
1,141,037
1,387,279
1,000,000
387,279
71,604
1,458,883
5,728,353
22.3%
8.0%
14.3%
24.2%
10.5%
13.7%
25.5%
14.5%
11.0%
2,031,307
1,000,000
1,031,307
77,156
2,108,463
6,172,462
32.7%
8.0%
24.7%
32.9%
10.5%
22.4%
34.2%
14.5%
19.7%
42.6%
20.0%
22.6%
43.1%
20.0%
23.1%
These nancial statements are extracts from the books of the institution as audited by RSM Eastern Africa and received unqualied opinion.
The complete set of audited nancial statements, statutory and qualitative disclosures can be accessed on the Institutions website
www.orientalbank.co.ke They may also be accessed at our Head Oce located at Finance House,Koinange Street, Nairobi or at any of our branches
Nairobi- Finance House, Koinange Street
P. O. Box 44080-00100 Nairobi
Tel: 020 2228461/2
SHANTI V. SHAH
CHAIRMAN
RAKESH KASHYAP
AG. CHIEF EXECUTIVE OFFICER
Background
LEADERS
LOYALTY
QUESTIONED
Governor, who was away in
US, is alleged to have failed
to fully support Jubilee
candidate in senate byelection.
Prof Chepkwony warns
Murkomen to concentrate
on Elgeyo-Marakwet aairs.
Governor accuse senator
Murkomen of using his close
relationship with Deputy
President to antagonise
other leaders.
Governor secured donations
and medical equipment
worth Sh80 million and two
ambulance vehicles.
County | 21
Mombasa > Those holding demos in support of project are hired guns, claims tenants leader
Opponents of Joho
homes project are
grabbers, says ocial
Lands executive says
over 50 acres stolen
by opponents of the
Sh200bn project
BY GITONGA MARETE
30,000
Houses
Mombasa
County plans to build by
2035 against anticipated
shortage of 400,000 units
Mandera
Germans to
produce lm
on bus attack
by terrorists
BY MANASE OTSIALO
A section of Khadija
Estate, which the
Mombasa County
government plans to
demolish and construct new units at a
cost of Sh200 billion.
LABAN WALLOGA |
NATION
FUSION INVESTMENT
MANAGEMENT LTD
ACCOUNTS FOR THE PERIOD ENDED 31ST DECEMBER 2015
2015
Audited
(Ksh)
2014
Audited
Ksh
0
46,006,505
855,361
1,519,993
409,500
48,791,359
1,283,341
25,429,542
856,293
53,606
1,045,119
28,667,901
(6,682,632)
(19,322,234)
(1,088,176)
(653,464)
(183,902)
(1,139,508)
(29,069,916)
(5,576,709)
(25,419,596)
(1,061,125)
(1,217,237)
(1,076,759)
(1,114,381)
(35,465,807)
19,721,443
(3,036,952)
16,684,491
(6,797,906)
(777,501)
(7,575,407)
2,870,361
2,794,998
0
5,665,359
3,898,641
136,724
98,807
4,134,172
Current assets
Trade and other receivables
Due from related parties
Taxation recoverable
Deposits with financial institutions
Bank and cash balances
Total current assets
TOTAL ASSETS
19,580,025
1,907,649
0
9,703,670
11,266,477
42,457,821
48,123,180
9,161,504
2,106,714
1,509,555
8,976,613
6,741,555
28,495,941
32,630,113
30,000,000
4,180,609
34,180,609
30,000,000
(12,503,882)
17,496,118
Income
Subscription fees
Fund management fees
Interest income
Exchange gains
Other income
Total income
Expenses
Operational and administrative expenses
Employee costs
Directors Emoluments
Professional fees
Legal fees
Depreciation expenses
Total expenses
Profit/(Loss) before tax
Tax
Profit/(Loss) after tax
2 STATEMENT OF FINANCIAL POSITION
Non Current Assets
Equipments
Intangible assets
Deferred tax asset
Total non current assets
517,092
517,092
0
0
Current Liabilities
Amounts due to related parties
Taxation payables
Trade and other payables
Total current liabilities
10,967,697
732,224
1,725,558
13,425,479
12,414,614
0
2,719,381
15,133,995
48,123,180
32,630,113
3 OTHER DISCLOSURES
1 Capital strength
a) Paid up capital
b) Minimum capital required
Excess/(deficiency) (a-b)
30,000,000
10,000,000
20,000,000
30,000,000
10,000,000
20,000,000
2 Shareholders Funds
a) Total shareholders Funds
b) Minimum shareholders Funds required
Excess/(deficiency) (a-b)
34,180,609
10,000,000
24,180,609
17,496,118
10,000,000
7,496,118
3 Liquidity
a) Liquid capital
b) Minimum working capital (the higher of Ksh 5M and 8% of liabilities)
Excess/(deficiency) (a-b)
18,491,334
5,000,000
13,491,334
7,936,232
5,000,000
2,936,232
The above statement of profit or loss and statement of financial position are extracts from the companys financial statements audited by Deloitte & Touche
and have received unqualified opinion.
The financial statements were approved by the Board of Directors on 24th March 2016
JOHN MSAFARI
LUKE KINOTI
GROUP CHIEF EXECUTIVE
CHAIRMAN
22 | County
Training
for peace
3 declare intention
to unseat county boss
Administrators
attend training in
Kisumu. It was led
by Nyanza Regional
Coordinator
Wilson Njenga and
Kisumu County
Commissioner
John Elungata. The
leaders were being
prepared to ensure
peace ahead of 2017.
Doyo accused of
promoting ethnicity
and neglecting
certain part of Isiolo
Top names
THE HOPEFULS AT
A GLANCE
Mr Abdul Bahari is the
chairman of Tana Athi
River Development
Authority.
Dr Adan Bika is a top
ocial with Igad.
Mr Adan Kabelo is an NGO
executive.
Mr Godana Doyo (below)
is the incumbent Isiolo
Governor.
BY VIVIAN JEBET
Kisii
REVENUE
Interest on loans
Interest from bank
Interest from FOSA
Total Interest
Less: Interest Expense
Honoraria
Interest Payable on FDR
Total Interest Expense
Net Interest Income
3d
Other Operating Income
3e
Other Incomes/sundry
Total Net Interest & Other Incomes
EXPENSES
Administration
4a
Governance & Others
Marketing
4b
4c
Licenses and Permits
4d
Staff
Operating
Depreciation
5a
Other Costs
5b
10
Loan provisions
Finance Expenses
6a
Interest on External Loans
6b
Other nance costs
Total Expenses
Net Operating Surplus before Income
Tax and Statutory Reserves
Income Tax
Net Operating Surplus/(Decit)
after Income Tax
Less: Statutory Reserves at 20%
Net Surplus due to Members
Interest Payables on Members Deposits at
2.5%
Net surplus/ (Decit) for year
2015
Shs
2014
Shs
10,315,005
277,793
13,014,589
23,607,388
10,341,655
416,423
13,606,463
24,364,541
400,000
9,880
9,880
23,197,508
6,071,208
0
29,268,716
(4,560)
(4,560)
24,359,981
5,639,651
44,563
30,044,195
(5,157,214)
(456,470)
(301,121)
(10,248,910)
(5,342,360)
(147,184)
(152,096)
(9,688,491)
(2,390,723)
(2,712,682)
(1,625,532)
(2,274,282)
(5,329,284)
516,751
(1,464,674)
(486,137)
(171,645)
(3,108,796)
(24,528,971) (26,011,879)
4,739,745
(698,085)
4,032,316
(102,376)
4,041,660
808,332
3,233,328
3,929,940
785,988
3,143,952
1,996,468
1,236,860
3,143,952
2015
Shs
2014
Shs
Assets
8
Cash and Cash equivalent
Trade and Other Receivables 9
Investments
11
Loans and advances to members 10
Property, Plant and Equipment 7
12
Intangible Assets
Total Assets
Liabilities
13
Members deposit
Interest on Members Deposits
Payable & Honoraria
17
14
Payables and Accruals
15
Provision Payables
Project Fund Contribution 26
Bank Loans
16
Total Current Liabilities
40,793,459
15,855,294
6,999,200
65,646,998
45,949,450
621,714
25,268,646
9,378,113
6,559,200
67,366,574
32,729,579
828,952
175,866,116
142,131,064
115,805,010
99,858,795
1,996,468
982,395
698,085
17,731,113
10,200,000
648,388
1,475,188
2,814,875
13,582,363
0
147,413,071
118,379,609
14,499,865
13,953,181
12,491,854
11,259,601
28,453,045
23,751,455
175,866,116
142,131,064
TOTAL LIABILITIES
27
20
The nancial statements on pages 8 to 27 were approved for issue by the board of directors on 23rd day of March 2016 and were signed on their behalf by:
Ainea Mangira
Board Chairman
John Matakayia
Treasurer
Danstan Mwisiahi
Board Member
| 23
24 | County
COUNTY >ROUND-UP
Bungoma
Leaders snub assembly
for the second week
Mombasa
Suspected robbers
shot dead by police
Uasin Gishu
Woman charged with
deling 14-year-old boy
Trans Nzoia
Keep o county ECDE
classrooms, heads told
Meru
Women blamed for
frustrating war on cut
Tharaka-Nithi
Boys in two schools
protest discrimination
Bomet
County to get medical
gadgets from the US
Isiolo
Kisii
TAs County Secretary
must go, MCAs vow
The County Secretarys job hangs
in the balance after members of
County Assembly hatched a plan
to have him removed from oce.
Mr Johnstone Ndege had been
seconded to the county by the
Transition Authority (TA), whose
term expired recently. Yesterday,
the ward representatives said
Mr Ndege had been in oce
illegally for close to a month
after his term came to an end.
The have consequently led a
motion through Kiogoro Ward
Rep Samuel Apoko to have him
removed from oce. Mr Apoko
argued that Mr Ndege was due to
exit on March 4, upon the expiry
of the TAs tenure.
Magati Obebo
Nairobi
Assault probe faces
hitch as team dissolved
An investigation into assault
claims against Majority Leader
Elias Otieno might not take o.
This is after the committee of
power and privilege, the only
team that can handle the case,
was disbanded. Kayole South
MCA Elizabeth Manyala is
undergoing treatment after she
was allegedly beaten up by Mr
Otieno over Sh800,000 for the
countys women caucus.
Lillian Mutavi
Kirinyaga
Ward rep protests farmer
harassment before arrest
West Pokot
Health facilities get
supplies worth Sh36m
Mandera
Police allowed to hold
terror suspect longer
Police have been allowed to
continue holding an al-Shabaab
suspect for seven days to
complete investigations. On
Tuesday, Mandera Resident
Magistrate Duncan Mtai allowed
the Anti-Terror Police Unit
to continue holding Mr Ali
Mohamed Kolana. The suspect
was handed over to Kenyan
police by Ethiopia. The matter
will be mentioned on April 6.
Manase Otsialo
County | 25
COUNTY >ROUND-UP
Nyamira
Executive appointments
gets assembly approval
Meru
Parents protest against
fees charged by school
Elgeyo-Marakwet
Iten Town to change
land ownership policy
Kiambu
MCAs owe their party
Sh9 million in pledges
Kwale
Residents lock out rm
from accessing water
Angry residents of Mwavumbo
and Kasemeni wards in Kinango
constituency yesterday drove
away tankers fetching water
from Mwache River for the
construction of the Standard
Gauge Railway. Led by a local
environmental conservation
and irrigation group, Mwachiga
Ruwa, they accused China Road
and Bridge Corporation of
depleting precious commodity
from the river, which they said
was their only source of water
for thousands of people and
livestock. The chairman of the
group Pastor Samuel Chondo said
the water tankers drew more than
400,000 cubic meters of fresh
water from the river daily.
Daniel Nyassy
Kisii
Winners at innovation
contest yet to be paid
Winners of a summit contest on
entrepreneurship and innovation
are demanding their prize money
one month after the event.
Frequent trips to the county by
the winners Ms Askah Nyakwara,
Mr Newton Owino and Mr Sydney
Arema have not yielded any fruits.
However, county trade executive
Mr John Obwocha has promised
to pay them by April 6.
Aggrey Omboki
Sh36m
Value of
medical
equipment to be distributed
to health facilities in West
Pokot County.
Number of
residential
houses that
Mombasa Governor Hassan
Johos government plans to
build by 2035.
30,000
Quality check
Emmanuel Ngeno from SGS Kenya Ltd, who determine the quality of petroleum products,
carries out tests on samples obtained at Luqman Petrol Station in Uasin Gishu County. At
right is Emmanuel Kibet, the operations manager of a station located at Baharini Trading
Centre. The Energy and Regulatory Commission was carrying out a crackdown on the sale
of adulterated fuel and petroleum products meant for export.
Busia
Poor working conditions
force doctors to leave
Samburu
More farmers using
tractors to plough land
Nakuru
College to train traders,
innovators on growth
Narok
Locals tell State to sack
chiefs condoning liquor
Turkana
Border security beefed
up to quell rising tension
Laikipia
Chiefs want security as
they ght illicit liquor
Chiefs have asked the national
government to provide them
with enough security as the war
against illicit alcohol intensies.
Their appeal follows the weekend
attack on Karandi Assistant
Chief Jane Muchui during a raid
at a brew den. She sustained
serious injuries. Mrs Muchui was
with two police ocers when
she was locked up in a house
and beaten up by the liquor
maker and seller. This happened
barely two weeks after President
Kenyatta condemned the return
of illicit brews, saying chiefs not
doing enough risked dismissal.
Steve Njuguna
26 | County
Machakos
Factories
faulted for
pollution
Massive loss as
Sony Sugar fails
to harvest cane
Frustrated farmers plan
demos so as to force the
government to intervene
and address their plight
BY ELISHA OTIENO
their plight.
Thousands of contracted farmers
are stuck with their cash crop in the
farmswe are taking our battle to
the streets because we cannot wait
forever, he asserted.
The ocial claimed their members
were quickly losing interest in cane
farming because it has become a
poverty crop.
Promises from the management
of Sony Sugar Company to harvest
the crop have not been fullled. And
once we get to the streets, some
managers will have to go home, Mr
Okoth warned.
He said the reason why the cane is
left in the farms for more than three
years is because the low capacity the
milling rm cant cope with supply.
Our farmers are now living like
beggars. We are not going to sit and
watch as the situation deteriorates,
added Mr Okoth.
A survey through the Sony Sugar
belt reveals a life of misery for cane
farmers. The old cane is a common
sight in the villages. Some have dried
and are being used as rewood.
Jaggery processing factories are
BY STEPHEN MUTHINI
Thousands of
contracted farmers are
stuck with their crop in
the farmswe are taking
our battle to the streets
because we cannot wait
forever. Mr Ezra Okoth,
SUNTRA INVESTMENTS
INVESTMENTS LIMITED
SUNTRA
LIMITED
CONSOLIDATED AUDITED STATEMENT OF COMPREHENSIVE
INCOME FOR THE YEAR ENDED 31ST DECEMBER 2015
2015
2014
Kshs
Kshs
Income
Brokerage Commissions
233,515,630 466,895,783
Advisory/Consultancy fees
73,410,014 108,774,844
Interest Income
20,946,784
9,550,938
Dividend Income
13,131,494
11,203,822
Exchange gain
3,708,836
426,132
Realized gain from dealing in shares
41,958,135
36,284,501
Unrealized gain from dealing in shares
34,400,950
2,689,136
Rental Income
27,512,540
24,006,729
Other Income
89,725,944
Gain on sale of Assets
7,915,171
92,074
Miscellaneous Income
52,514,424
Change in fair value of investment property
57,750,000
Total Income
509,013,978 807,399,903
Expenses
Direct expenses
118,007,156 308,041,940
Professional fees
19,593,164
21,518,068
Legal fees
7,409,981
1,136,104
Employee costs
86,811,984
80,981,334
Rent Expense
30,464,962
17,561,746
Directors Emoluments
34,069,296
45,893,301
Operational and Administrative expenses
116,930,077
78,678,256
Depreciation and Amortisation expenses
14,354,917
8,588,131
Total Expenses
427,641,537 562,398,880
Profit from operations
Finance costs
Profit before tax
Income tax credit/(expense)
Profit after tax
OTHER COMPREHENSIVE INCOME
Exchange differences on translation of
foreign operations
Derecognition of NSE Seat
Other comprehensive income for the year
Total comprehensive (loss) for the year
Total comprehensive income attributable to:Equity holders of the parent
Non-controlling interest
81,372,441
14,361,885
67,010,556
(65,186,026)
1,824,530
245,001,023
19,974,620
225,026,403
(46,980,212)
178,046,191
(2,185,418)
(2,116,923)
- (251,000,000)
(2,185,418) (253,116,923)
(360,888) (75,070,732)
5,901,444
(6,262,332)
(360,888)
(75,430,543)
359,811
(75,070,732)
Current Assets
Office cash and bank balances
Clients cash and bank balances
CDSC settlement -Funds in transit
Client debtors
Investment in quoted securities
Investment in unquoted securities
Prepayments and Other trade receivables
Secured related parties balances
Amount due from related parties
Tax recoverable
Total Current Assets
TOTAL ASSETS
LIABILITIES
Current Liabilities
Client creditors
Amounts due to related parties
Trade payables and accrued expenses
Bank overdraft
CDSC settlement - Funds in transit
Total Current Liabilities
Equities & Reserves
Paid Up Ordinary Share Capital
Retained earnings
Reserves
Minority interest
Total Shareholders funds
TOTAL EQUITIES & LIABILITES
2,581,520 240,232,630
30,665,220 108,916,299
36,653,159
70,493,492
98,859,868
308,729,865 308,377,749
237,415,246 139,359,246
99,044,402 165,874,258
17,250,980
16,895,875
5,806,442
1,068,197
25,763,283
20,842,186
797,750,450 1,137,079,467
1,875,487,399 2,230,845,268
186,595,092
33,480,582
38,819,285
7,980,616
2,637,187
269,512,762
495,028,412
7,710,415
54,902,324
66,868,592
624,509,743
1,000,000,000 1,000,000,000
611,929,076 603,842,214
(8,697,621)
(6,512,203)
2,743,182
9,005,514
1,605,974,637 1,606,335,525
1,875,487,399 2,230,845,268
OTHER DISCLOSURES
1. Capital Strength
Kshs
Kshs
a. Paid up Capital
1,000,000,000 1,000,000,000
b. Minimum capital required
250,000,000 250,000,000
(a-b) Excess
750,000,000 750,000,000
2. Shareholders funds
a. Total shareholders funds
b. Minimum shareholders funds
required
(a-b) Excess
3. Liquidity
a. Liquid capital
b. Minimum working capital required
(a-b) Excess
250,000,000
250,000,000
191,073,251
30,000,000
161,073,251
174,050,308
49,960,779
124,089,529
4. Clients Funds
a. Total clients creditors
186,595,092 495,028,412
b. Total clients cash and bank balances
30,665,220 108,916,299
(b-a) Deficiency
(155,929,872) (386,112,113)
The above extracts are from the Groups consolidated financial statements
audited by Grant Thornton. The audited financial statements were approved
by the Board of Directors on 30th March 2016 and signed on its behalf by
Jimnah Mbaru & S.N. Nganga
3,804,578
406,000
228,000
19,907,745
582,000
18,764,138
913,912
479,528
45,085,901
10,976,930
10,976,930
(186,671)
10,790,259
57,729,300
110,559,663
1,900,000
710,146
835,068
171,734,177
6,644,235
406,000
300,814
18,208,870
1,080,000
16,743,499
958,520
685,040
45,026,978
126,707,199
737,649
125,969,550
(3,074,079)
122,895,471
1,605,974,637 1,606,335,525
1,355,974,637 1,356,335,525
35,394,233
9,183,505
1,995,000
8,043,403
1,446,690
56,062,831
5,433,667
10,000
(244,782)
2,922,196
6,116,945
118,214,839
251,118,899
383,571,764
5,926,829
10,000
(623,403)
108,170,620
6,409,938
10,200,000
251,598,427
381,692,411
Current Assets
Trade and Other Receivables
Amounts Due from Subsidiary
Service and Other Deposit
Total Clients Cash and Bank Balances
167,826,266
57,031
8,697,897
74,956,873
150,163,287
126,992
8,344,609
151,600,378
251,538,067
635,109,831
310,235,266
691,927,677
273,290,740
210,000
12,966,264
248,761,862
535,228,866
273,290,740
210,000
4,901,375
248,761,862
527,163,977
Current Liabilities
Client Creditors
Trade Payables
Tax Payable
Total Current Liabilities
Total Equity And Liabilities
64,826,279
35,054,686
99,880,965
635,109,831
151,249,225
13,260,004
254,471
164,763,700
691,927,677
OTHER DISCLOSURES
31 December 31 December
2015
2014
(Kshs )
(Kshs )
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess
273,290,740
50,000,000
223,290,740
273,290,740
50,000,000
223,290,740
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders Funds required
(a-b) Excess
535,228,866
50,000,000
485,228,866
527,163,977
50,000,000
477,163,977
127,253,981
58,351,907
50,808,786
76,445,195
55,354,214
2,997,693
64,826,279
74,956,873
10,130,594
151,249,225
151,600,378
351,153
3. Liquid Capital
a. Liquid Capital
b. Minimum Liquid Capital (the higher of
Kshs 30 M and 8% of liabilities)
(a-b) Excess
4. Clients Funds (Where applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank balances
c. Excess
Signed on Behalf By:-
J Muchemi Wanyeki
SignedChairman
on Behalf By:Deputy
J Muchemi Wanyeki
D K Waweru
Director
D K Waweru
| 27
28 | County
Governors want
revenue spent at
source of collection
Mr
Oparanya
says this will
help end
cash ow
constraints
in the
devolved
units
COMMENTS
Go to this link
to join the
debate and to
see views from
other readers:
www.nation.co.ke
BY SILAS APOLLO
the revenue collection systems to improve eciency and meet set targets.
And in as much as we are increasing
local revenues, counties must also seek
more donor partners to fund projects,
he said.
The county bosses alongside the
Commission on Revenue Allocation,
had proposed an increase of funds to
the devolved units.
However, Treasury Cabinet Secretary
Henry Rotich dismissed the proposals
saying a number of the said functions
like building of schools, were still a
responsibility of the national government.
Spending in counties
At present, the counties are grappling
with Sh37.46 billion debts accrued as
at the end of the 2014/2015 nancial
year
The county bosses alongside the
Commission on Revenue Allocation
(CRA), had proposed an increase of
funds to the devolved units to Sh332
billion from Sh302billlion
The recommendations by CRA and
governors was to among other things,
include Sh5 billion to build primary
and secondary schools, Sh6.3 billion
for village polytechnics and Sh5billion
for public participation
The Treasury rejected the proposals
Africa News | 29
WORLD
FACING EXIT
Renamo
to begin
governing
provinces
Remand for
hijack suspect
Seif al-Din Mohamed
Mostafa, an Egyptian man
who hijacked an EgyptAir
passenger plane the previous
day and forced it to divert to
Cyprus demanding to see his
ex-wife, wears handcus as
he leaves the court in Larnaca
escorted by Cypriot police
yesterday. He was remanded
into police custody for eight
days. The 58-year-old faces
possible charges of hijacking,
kidnapping.
BY ARNALDO VIEIRA
NATION Correspondent
LUANDA, Wednesday
PHOTO | AFP
Crisis > Electric supply company (Tanesco) the most likely to suer following the move
COMMENTS
Go to this link
to join the
debate and to
see views from
other readers:
www.nation.co.ke
BY FRANK KIMBOY
@frankkimboy
[email protected]
DAR ES SALAAM, Wednesday
Change
MAGUFULI FOR
SELF-RELIANCE
Since President John Magufuli
(pictured) took oce on
November 5, 2015, the Tanzania
government has put emphasis
on revenue collection with the
aim of reducing dependence
on donor funds to implement
development projects.
In 2008, Tanzania was
among a few countries in the
world that were selected for
the rst compact funding and
received $698 million (Ksh71bn)
which nanced with projects
in water, roads and electric
power for seven years. That
compact programme led to the
construction of over 3,000km of
power lines, 450km roads.
Tanzania might
experience
backlash from
the international
community and other
international bodies
BRIEFLY
BANGUI
30 | Africa News
otorists in Nigerias
capital Abuja and
other major cities are
being forced to spend nights at
fuel stations as a severe shortage of petrol bites across the
country.
Spot checks showed that the
situation was very bad with huge
queues at petrol stations.
The few stations selling petrol
in the city were mainly National
Petroleum Corporation (NPC)
and Mobil outlets, but the
queues were chaotic.
Staff at Conoil said they
had not received fuel for the
last four days. Total, another
major marketer, was also not
dispensing.
Mr Emeka Tobias, a taxi
driver, said this morning that
he passed the night at a lling
station but failed to get fuel.
I slept here because I need
to buy fuel for my car. I am a
taxi driver, I cannot aord [to
buy from] the black market,
he said.
Mr Efoma Amos, a civil servant stranded at a petrol station,
attributed the long queues and
chaotic situation to the inability
2015
power
The year
Buhari took
I slept here
because I
need to buy
fuel for my car.
I am a taxi driver,
I cannot aord
[to buy from] the
black market
Mr Emeka Tobias,
taxi driver
of buyers to be orderly.
I came here around 5 pm on
Tuesday and for more than four
hours, I could not move the car
because some people blocked
the queue, he complained.
The people arranging the
queues are more interested
in collecting small bribes and
creating room for the chaotic
situation witnessed here.
He urged government to
nd a lasting solution to the
situation.
Another customer, Mrs Amina
Ahmed, described the fuel scarcity as the greatest punishment
Nigerians had been receiving in
the last year.
When President Goodluck
Jonathan was there we thought
it was corruption that was cre-
Minors on hunger
strike in Senegals
top security jail
BY KONO KISSI
NATION Correspondent
DAKAR, Wednesday
The number of jailed minors joining the ranks
of those on hunger strike over long delays in
preventive custody is worrying prison ocials,
sources said.
Local media reports broke the news on
Wednesday quoting relatives of the jailed minors
expressing worries over the lives of their children
as they continue to refuse food.
Reports said about a dozen began the strike on
Monday and that the number was climbing with
more threating to join the strike action.
The leading Walfadri daily newspaper on
Wednesday quoted the hunger strikers refusing to
set any date aside on which to end the action.
Following the publication of the news, rumours
started making the rounds that another jail break
was imminent which is commonplace at the penitentiary. Since Monday the senior management of
the jail and their colleagues across similar institutions across the country are attending a capacity
building seminar in Saly, about 90 kilometres
outside Dakar.
In Senegal, 72 hours is the ocial duration for
security and prisons ocials to keep persons accused of crime in preventive custody.
But in many cases, accused persons have been
complaining of being held for up to three months
without being formally charged in a court.
RABAT
PARIS
| 31
32 | International News
A NEW WEAPON
DEADLY GUN
A new two-shot handgun made to look like a smartphone
will help owners of the .380-calibre gun pack heat on any
occasion, according to its inventors.
$395
DISADVANTAGES
ADVANTAGES
Allows its owner
to carry with
condence, conceal
in style,
Allows people
to carry a weapon
without engaging
in any conversation.
You dont have to
have a .38 or .44
strapped to your
waist, you can carry it
in your front pocket.
I note that a
section of the
opposition is
hostile to any
constitutional revision.
I deeply regret this
attitude
President Hollande
| 33
34 | International News
Popular move > Vote and announcement took no more than three minutes
PHOTO | AFPATION
Brazilian President Dilma Rousse delivers a speech during a meeting with a group
of jurists and lawyers who came to the Planalto Palace in Brasilia to give support.
she needs to defeat a rst impeachment vote, expected in April. If you
look at the numbers, thats basically
it, said Everaldo Moraes, a political
science professor at Brasilia National
University.
Rousse cancelled a trip to Washington for a nuclear safety summit on
Thursday and Friday, the state news
agency said. A government spokesman said that in the current political
context, it was not advisable.
If the lower house votes in favour,
an impeachment trial would start in
the Senate, where a two-thirds vote
would force Rousseff from office.
PMDB head Michel Temer who
remains vice president under Rousse despite the break-up would take
over as interim president.
Eliseu Padilha, a high-ranking
PMDB member who served as minister of civil aviation in Rousses
50
Number
of years of
military rule
VACANT POSITION
Kyeni Water & Sewerage Company (KYEWASCO) is one of the Water Service Providers contracted by Tana Water Services Board
(TWSB) as an agent to provide water and sanitation services in Kyeni and Kagaari Divisions, Runyenjes town and its environs
in Embu East Sub-County, we hereby invite applications from suitably qualied, highly experienced professionals with excellent
credentials to ll the following position:
INTERNAL AUDITOR- REF: KYEWASCO/IA/1/16
Job Purpose
Reporting functionally to the Board Audit & Governance Committee and administratively to the General Manager, the Internal
Auditor will be responsible for assisting management and the Board in the effective discharge of their responsibilities by furnishing
them with reports containing analysis, recommendations, counsel and information concerning the activities / operations reviewed
including Risk, Management Systems and Governance.
Key Tasks
Designing, reviewing and developing audit techniques and procedures for assessing comprehensive nancial and systems audit
reporting.
Reviewing and appraising the soundness and efciency of all internal control systems including but not limited to nancial,
operations and procedures.
Identication and evaluation of the companys risk areas and development of the annual Audit Plan.
Analyzing outcomes of audit activities, providing timely and accurate reports and following through to ensure that
recommendations are considered and implemented in a timely manner.
Communicating the results of audit and consulting projects via written reports and oral presentations to Management and
the Board of Directors via Audit & Governance Committee.
Carrying out special audits and investigations as may be required from time to time and preparing reports of ndings for the
Board.
Liaising with the external auditors as appropriate to ensure timely external auditing is carried out on the organization.
Performing related work as assigned by the Audit & Governance Committee of the Board of Directors.
Qualications
Certied Public Accountant (CPA Part III Section 6 Finalist)
Professional Membership will be an added advantage
Have demonstrated professional competence in Auditing and Computerized Accounting
Three (3) years relevant working experience in a similar position.
Must have high level of integrity, condentiality, and excellent administrative and organization skills.
Excellent Computer skills.
Good report writing and communication skills.
Ability to work under strict deadlines.
How to Apply
Interested and suitably qualied candidates should send their Hard Copy applications along with copies of their certied
academic and professional certicates stating current and expected remuneration, accompanied by detailed CV, telephone contact,
e-mail address and three (3) referees to the address below. The position reference should be clearly marked on the envelope.
Applications should reach the undersigned not later than 15th April 2016
Only short listed candidates will be contacted.
Applications should be sent to the address below:The General Manager
Kyeni Water and Sewerage Company
P.O. BOX 315 - 60103
RUNYENJES
| 35
36 |
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
B
21
22
23
24
25
26
27
28
29
30
31
32
C
33
34
35
36
37
38
39
40
41
ASSETS
Cash ( both Local & Foreign)
Balances with Central Bank of Kenya
Kenya Government & other Securities held for dealing purposes
Financial Assets at Fair Value through Profit & Loss
Investment Securities:
(i) Held to Maturity:
(a) Kenya Government Securities
(b) Other Securities
(ii) Available for Sale:
(a) Kenya Government Securities
(b) Other Securities
Deposits and Balances due from Local Banking Institutions
Deposits and Balances due from Banking Institutions Abroad
Tax Recoverable
Loans and Advances to Customers (Net)
Balances due from Banking Institutions in the Group
Investments in Associates
Investments in Subsidiary Companies
Investments in Joint ventures
Investment Properties
Property, Plant and Equipment
Prepaid Lease Rentals
Intangible Assets
Deferred Tax Asset
Retirement Benefit Asset
Other Assets
TOTAL ASSETS
LIABILITIES
Balances due to Central Bank of Kenya
Customer Deposits
Deposits and Balances due to Local Banking Institutions
Deposits and Balances due to Foreign Banking Institutions
Other Money Market Deposits
Borrowed Funds
Balances due to Banking Institutions Group Companies
Tax Payable
Dividends Payable
Deferred Tax Liability
Retirement Benefit Liability
Other liabilities
TOTAL LIABILITIES
SHAREHOLDERS FUNDS
Paid Up/ Assigned Capital
Share Premium (Discount)
Revaluation Reserves
Retained Earnings/Accumulated Losses
Statutory Loan Reserves
Other Reserves
Proposed Dividends
Capital Grants
TOTAL SHAREHOLDERS FUNDS
Minority Interest
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
INTEREST INCOME
Loans and Advances
Government Securities
Deposits and Placements with Banking Institutions
Other Interest Income
Total Interest Income
INTEREST EXPENSE
Customer Deposits
Deposits and Placement from Banking Institutions
Other Interest Expenses
Total Interest Expenses
NET INTEREST INCOME /LOSS
NON INTEREST INCOME
Fees and Commissions on Loans and Advances
Other Fees and Commissions
Foreign Exchange Trading Income (Loss)
Dividend Income
Other Income
Total Non-Interes Income
TOTAL OPERATING INCOME
OPERATING EXPENSES
Loan Loss Provision
Staff Costs
Directors Emoluments
Rental Charges
Depreciation Charge on Property and Equipment
Amortisation Charges
Other Operating Expenses
Total Operating Expenses
Profit/(Loss) Before Tax and Exceptional Items
Exceptional Items
Profit/(Loss) After Exceptional Items
Current tax
Deferred tax
Profit/(Loss) After Tax and Exceptional Items
Minority Interest
Profit/(Loss) After Tax, Exceptional Items & Minority Interest
Other Comprehensive Income:
Gains/(Losses) from Translating the Financial Statements of Foreign Operations
Fair Value changes in Available-fo-sale Financial Assets
Revaluatation Surplus on Property, Plant and Equipment
Share of other Comprehensive Income of Associates
Income Tax Relating to Components of other Comprehensive Income
Other Comprehensive Income for the Year Net of Tax
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
EARNINGS PER SHARE- BASIC & DILUTED
DIVIDEND PER SHARE -DECLARED
OTHER DISCLOSURES
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
2.0
2.1
2.2
2.3
3.0
3.1
3.2
3.3
3.4
4.0
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
4.10
4.11
4.12
4.13
4.14
4.15
5.0
5.1
5.2
5.3
BANK
31st Dec, 2014
Audited
Shs 000
BANK
31st Dec, 2015
Audited
Shs 000
76,925
379,332
-
129,938
408,225
-
4,064,631
-
5,045,334
-
210,267
5,436
4,606,077
30,464
2,751
153,467
169,268
4,116,680
86,158
3,333
26,762
46,720
9,449,365
75,269
42,306
10,229,978
6,398,944
50,000
941,360
117,534
7,507,838
6,861,254
350,000
654,447
80,837
135,988
8,082,526
1,044,226
801,351
95,950
1,941,527
9,449,365
1,044,226
811,888
291,338
2,147,452
10,229,978
537,322
399,629
9,528
946,479
544,624
503,769
12,281
1,060,674
271,978
20,494
292,472
654,007
318,152
23,148
341,300
719,374
19,356
27,307
25,742
41,796
114,201
768,208
15,582
24,842
32,391
38,627
111,442
830,816
132,563
20,153
13,956
69,775
236,447
531,761
531,761
213,235
318,526
(318,526)
52,095
165,682
35,779
17,366
75,375
346,297
484,519
484,519
185,936
298,583
(298,583)
318,526
-
298,583
-
342,061
38,671
303,390
61,874
241,516
241,516
-
434,253
41,886
392,367
112,871
279,496
279,496
-
32,398
32,398
39,406
39,406
699,279
314,256
1,013,535
913,842
498,898
1,412,740
1,845,577
1,000,000
845,577
95,950
1,941,527
5,924,163
28.8%
8.0%
20.8%
31.2%
8.0%
23.2%
32.8%
12.0%
20.8%
1,856,114
1,000,000
856,114
291,338
2,147,452
5,776,330
27.1%
8.0%
19.1%
32.1%
10.5%
21.6%
37.2%
14.5%
22.7%
60.6%
20.0%
40.6%
71.4%
20.0%
51.4%
37
BUSINESS
BY HERBLING DAVID
In-depth audit
653
The maximum
amount of
money in millions of
shillings that NBK could
make
KRA extends
date for beer
excise stamps
BY EDWIN OKOTH
Beer manufacturers and dealers have
until June 30 to comply with a rule that
requires them to have excise stamps and
codes on their bottles.
In a notice, the Kenya Revenue Authority (KRA) extended the deadline that was
to expire today at midnight, giving the
industry some wiggle room.
The KRA deadline for compliance
with the Excise Goods Management
System was meant to expire midnight
in a move the taxman is banking on to
raise more revenue.
Kenya Revenue Authority, pursuant
to the provisions of the Excise Duty
Act 2015, wish to notify manufacturers, importers, distributors, retailers of
beer as well as the general public that
the deadline for old stocks in the market for manufactured or imported beer
without excise stamps/codes axed on
has been extended to June 30, 2016,
read the notice.
The change now allows distributors
and retailers to continue selling beer,
manufactured or imported before the
February 1, 2016, the eective date for
the axing of stamps on beer without
excise stamps.
After the June 30 deadline, distributors and retailers will declare and hand
over all beer products bearing no stamps
or codes, to the respective manufacturers or importers for axing of excise
stamps/codes.
KRA Commissioner of Domestic Taxes
Alice Owour had earlier given the notice
that retailers are likely to be rst in the
line of re as the taxman moves to implement the new excise law.
The Kenya Association of Manufacturers had hinted to the Daily Nation that
negotiations were going on over the
earlier March 31 deadline, a move that
seemed to have borne fruit.
BRIEFLY
HOSPITALITY
American hotel giant Marriott International signalled its much anticipated entry into the Kenyan market
with the signing of a tenancy deal
between it and Avic International Real
Estate Kenya. Under the deal signed
on Tuesday, Marriot International
will be integrated into a planned Sh40
billion ($400 million) high-rise complex being built in Westlands, Nairobi over the next six years by Avic
International as part of the developers Africa headquarters. Marriots
planned 365-room hotel will boast of
50 serviced apartments and 315 guest
rooms. It will also be equipped with a
hotel lobby, a Marriott bar, a specialty
cafeteria, a Chinese restaurant and a
24-hour gourmet restaurant.
Brian Ngugi
38 |
| 39
40 | Business News
Dip in Paye
A. RESULTS OF 182-DAY & 364-DAY TREASURY BILLS ISSUES 2135/182 & 2061/364 DATED 04/04/2016
This week the Central Bank of Kenya offered 182 and 364 Days Treasury Bills for a total of Kshs.12 Billion. The total number of
bids received was 64 amounting to Kshs. 2.55 Billion representing 42.45% subscription and 61 bids amounting to Kshs. 4.37
Billion representing 72.76% subscription for 182 and 364 days, respectively. Bids accepted amounted to Kshs. 1.95 Billion for
182 days and Kshs. 4.37 Billion for 364 days Treasury Bills. The weighted average rate of accepted bids, which will be applied
for non-competitive bids, was 10.729% for the 182-day and 11.886% for 364-day Treasury Bills. The other auction statistics are
summarised in the table below.
Due Date
Amount Offered (Kshs. M)
Bids Received (Kshs. M)
Performance Rate (%)
Number of Bids Received
Number of Accepted Bids
Total Amount Accepted (Kshs. M)
Of which: Competitive bids
: Non-competitive bids
Purpose / Application of Funds:
Rollover / Redemptions
Net Redemption
Market Weighted Average Rate
Weighted Average Rate of accepted bids
Price per Kshs 100 at average rate
182 DAYS
03/10/2016
6,000.00
2,547.15
42.45
64
62
1,951.11
1,753.91
197.20
364 DAYS
03/04/2017
6,000.00
4,365.77
72.76
61
61
4,365.77
4,012.23
353.54
2,593.53
642.42
10.907%
10.729%
94.922
5,837.36
1,471.59
11.886%
11.886%
89.403
TOTAL
12,000.00
6,912.92
57.61
125
123
6,316.88
5,766.14
550.74
8,430.89
This Auction
(%)
10.729
11.886
Last Auction
(%)
10.662
11.914
Variance
0.067
0.028
C. NEXT TREASURY BILLS AUCTIONS: ISSUE NOs. 2155/91 , 2136/182 & 2062/364 DATED 11/04/2016
TENOR
Offer Amount (Kshs. M)
Auction Dates & Bids Closure
Results Announcement
Redemptions
New Borrowing
91 DAYS
4,000.00
07/04/2016
08/04/2016
182 DAYS
6,000.00
06/04/2016
07/04/2016
364 DAYS
6,000.00
06/04/2016
07/04/2016
TOTAL
16,000.00
12,912.88
3,087.12
The actual amount to be realised from the auction will be subject to Treasurys immediate liquidity requirements for
the week. Where several successful bidders quote a common rate, the Central Bank of Kenya reserves the right to allot
bids on a pro-rata basis. The Central Bank reserves the right to accept/reject bids in part or in full without giving any
reason. Individual bids must be of a minimum face value of Kshs.100,000.00. Only investors with active CDS accounts
are eligible.
Bids must be submitted using the specified format and must reach the Central Bank (HQ, Branch or Currency Centre)
by 2.00 p.m. on Wednesday 6th April, 2016 for 182 & 364-day and Thursday, 7th April, 2016 for 91-day Treasury Bills.
Payments above Kshs.1 Million must be made by electronic tranfer using RTGS. Payments below Kshs. 1 Million may
be made by Cash, Bankers Cheque or RTGS and must reach the Central Bank not later than Monday, 11th April, 2016,
at 2.00 p.m. for Cash and Cheques and 3.00 p.m for RTGS funds transfers. Please provide the following details with
each payment: Name, Reference No., Issue No., and include the Portfolio number and the virtual account number.
D. NON-COMPETITIVE BIDS
Non-competitive bids are subject to a maximum of Kshs.20 Million per investor per tenor and are issued at the weighted
average of accepted bids.
John K. Birech
Ag. Director, Financial Markets
UNIVERSITY OF NAIROBI
EXPRESSION OF INTEREST (EOI)
Ref No.UON/EOI/03/2015-2016
Demonstrable professional and manpower ability in executing indoor and outdoor branding and related services.
Experience in working with Universities in the design of a range of promotional and information materials
Compliance with policies and laws of Kenya at the time of responding to this call.
Expression of Interest (EOI) clearly marked with the Ref number and clearly marked Expression of Interest for
University Indoor and Outdoor Branding and Promotional Services and no other markings, must be delivered
to The Procurement Manager, University of Nairobi, Administration Block Main Campus, 1st Floor, Room 104,
Nairobi, Kenya E-mail: [email protected] on or before Thursday April 14 , 2016 at 10:30am.
Expression of Interest documents made in English must be placed inside the Tender Box at the reception area,
Administration Block, Main Campus on or before the closing date. Bulk documents shall be received in the
Procurement Managers office. Opening will be done on the same day thereafter in the Council Committee Room in
the presence of tenderers or their representatives who choose to attend.
A minimum of 6 firms which fulfils the requirements as stated will be prequalified under this procedure and will
be invited to submit their technical and financial proposals in accordance with the procedures set out in the Public
Procurement and Asset Disposal Act, 2015
The University of Nairobi reserves the right to accept or reject an EOI in whole or in part. Canvassing will lead
to automatic disqualification.
PROCUREMENT MANAGER
Business News | 41
Kenya signs
deal for rail
extension
Cooperatives > Shares sale to wananchi in pipeline among the planned changes
BY JAMES KARIUKI
BY LILIAN OCHIENG
@kamaukariuki_
[email protected]
Aordable interests
Technology transfer
Kenya Union of Savings and Credit Co-operatives Ltd Managing Director George Ototo (left) and national chairman George Magutu confer during the opening of the rst sacco leaders convention at the Laico Regency Hotel
in Nairobi yesterday.
funds from banks for advancing
to members, with others using
the borrowed funds to purchase
parcels of land that are later subdivided and sold to members.
500
The amount of
money in billions
that are in the hands of
savings and credit societies
Turnover
6 months to
31-Jan-16
Shs 000
466,522
6 months to
31-Jan-15
Shs 000
410,209
Operating profit
Finance Income Net
Foreign Exchange Differences
Revaluation of equity investments
242,767
88,534
(1,211)
(7,521)
215,976
53,909
1,633
27,399
322,569
(83,868)
238,701
298,917
(77,717)
221,200
Shs 0.94
Shs 0.87
As at
31-Jan-16
Shs 000
As at
31-Jan-15
Shs 000
ASSETS
Non Current Assets
Property, plant and equipment
Investment property
Operating lease prepayment
Equity investments
Bonds and treasury bills
Working Capital
Current assets
Current liabilities
Net working capital
Total net assets
EQUITY AND LIABILITIES
Share Capital and Reserves
Share capital
Capital reserves
Revenue Reserves
Surplus for the period
Non current liabilities
Deferred income taxes
Total equity and liabilities
Cash Flow Statement for the six months ended 31st January 2016
6 months to
31-Jan-16
Shs 000
Balance at 31st July 2015
904,051
742,816
106,109
262,749
(87,675)
(238,014)
(178,396)
744,089
(76,456)
691,095
Statement of Changes in Equity for the six months ended 31st January 2016
Share
Capital
Shs 000
As at 31st July 2015
999,682
87,500
63,959
298,916
336,250
1,786,307
1,015,803
(140,006)
875,797
899,699
(163,856)
735,843
2,781,906
2,522,150
254,852
103,666
1,940,112
238,701
2,537,331
254,852
117,785
1,707,790
221,200
2,301,627
244,575
2,781,906
220,523
2,522,150
Share
Premium
Shs 000
Capital
Reserves
Shs 000
Revenue
Reserves
Shs 000
Total
Shs 000
254,852
27
103,639
2,118,508
238,701
238,701
(178,396)
(178,396)
254,852
27
103,639
6 months to
31-Jan-15
Shs 000
2,178,813
2,477,026
2,537,331
42 |
Head Oce
Cardinal Otunga Plaza, Kaunda Street
P. O. Box 15352 - 00100, Nairobi, Kenya
Tel: +254 205151500
www.caritas-mfb.co.ke
2,998.3.
(625.3)
2,373
1,881.0
779.8
2,660.8
2,613.9
(85.8)
2,528.1
7.7
967.8
467.8
246.9
7.3
843.3
975,5
1,397.5
1,397.5
714.7
1,946.1
1,946.1
850.7
1,677.4
1,677.4
668.2
2,114.3
2,114.3
390,146.1
390,146.1
8,258.1
15,797.3
24,055.4
6,747.4
15,895.3
22,642.7
3,322.8
5,286.1
7,849.4
16,458.3
2,351.1
5,591.1
13,297.6
21,239.8
3,394.7
25.4
32.7
58.1
24,113.5
38.7
32.8
71.5
22,714.2
11.3
24.3
35.6
16,493.9
13.9
24.4
38.3
21,278.1
3,394.7
393,540.8
392,934.6
392,934.6
24,025.6
24,025.6
16,433.9
16,433.9
87.9
87.9
22.584.1
22.584.1
,
130.1
130.1
1,043.1
1,043.1
1,061.0
1,061.0
481,122.0
393,540.8
24,113.5
22,714.2
16,493.9
60.0
60.0
418.3
249.0
21,155.4
21,155.4
122.7
122.7
21,278.1
31st December
2015
audited
(Kshs000)
31st December
2014
audited
(Kshs000)
61,149.3
4,668.9
(41,422.1)
24,396.1
61,149.3
1,061.4
(44,863.7)
17,347.0
250.8
250.8
250.8
250.8
4,699.9
4,699.9
29,346.8
3,346.7
3,346.7
20,944.6
5,534.8
7,457.8
12,992.6
8,398.6
8,398.6
6,092,3
8,966.1
1,233.1
62.7
16,354.2
29,346.8
5,100.2
6,200.9
1,233.1
11.9
12,546.0
20,944.6
65,818.2
10,000.0
55,818.2
61,149.3
10,000.0
51,149.3
24,396.1
10,000.0
14,396.1
17,347.0
10,000.0
7,347.0
11,654.3
5,000.0
6,654.3
9,199.3
5,000.0
4,199.3
0%
10%
0%
10%
0%
20%
0%
20%
25,362.6
24,814.4
548.2
6,891.5
7,439.7
20,485.1
25,679.3
(5,194.2)
(20.9)
(5,215.1)
Amana Capital Ltd is a fund manager licensed and regulated by the CMA and RBA. We manage funds on behalf
of individuals, families, NGOs, SACCOs, investment clubs & retirement benefits schemes
Hardy Pemhiwa
Managing Director
Graham Shaw
Chairman
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
2.0
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9
2.1
2.11
3.0
4.0
5.0
6.0
6.1
7.0
8.0
9.0
Income
Interest on Loan Portfolio
Fees and Commission on Loan Portfolio
Government Securities
Deposit and Balances with Banks and FinancialInst.
Other Investments
Other Operating Income
Non- Operating Income
Total Income
Expenses
Interest and Fee Expense on Deposits
Other Fees and Commissions expense
Provision for Loan Impairment
Sta Costs
Directors Emoluments
Rental Charges
Depreciation Charges
Amortization Charges
Other Administrative Expense
Non-Operating Expense
Total Expenses
Operating Prot
Interest and Fee Expense on Borrowings (Finance Costs)
Prot/(Loss) before tax
Current Tax
Deferred Tax
Net Prot (After Taxes and Before Donations)
Donations for Operating Expense
Net Prot After Taxes
Other Comprehensive Incomes
Surplus on revaluation of building
Deferred tax on revaluation surplus
Total comprehensive income
B) STATEMENT OF FINANCIAL POSITION
1.0 ASSETS
1.1 Cash and bank balances
1.2 Short term deposits with banks
1.3 Government securities
1.4 Advances to customers (net)
1.5 Due from related organisations
1.6 Other receivables
1.7 Tax recoverable
1.8 Deferred Tax
1.9 Other investment
2.0 Investment in associate companies
2.1 Intangible assets
2.2 Property and equipment
2.3 Total Assets
2.0 LIABILITIES
2.1 Cash collaterals held
2.2 Customer deposits
2.3 Borrowings
2.4 Deered income
2.5 Deferred tax liability
2.6 Tax Payable
2.7 Due to related organisations
2.8 Other liabilities
2.9 Total Liabilities
3.0 SHARE CAPITAL & RESERVES
3.1 Share capital
3.2 Share premium
3.3 Retained earnings
3.4 Revaluation reserve
3.5 Statutory reserve
3.6 Total Shareholders funds
4.0 TOTAL LIABILITIES AND EQUITY
C) OTHER DISCLOSURES
1
NON-PERFORMING LOANS AND ADVANCES
(a) Gross Non-Performing Loans and Advances
Less:
(b) Interest in Suspense
(c) Total Non-Performing Loans and Advances (a-b)
(d) Impairment Loss Allowance
(e) Net Non-Performing Loans (c-d)
(f) Realizable Value of Securities
(g) Net NPLs Exposure (e-f)
2 INSIDER LOANS AND ADVANCES
(a) Directors, Shareholders and Associates
(b) Employees
(c) Total Insider Loans, Advances and Other Facilities
3 OFF-BALANCE SHEET ITEMS
(a) Guarantees and Commitments
(b) Other Contingent Liabilities
(c) Total Contigent Liabilities
4 CAPITAL STRENGTH
(a) Core Capital
(b) Minimum Statutory Capital
(c) Excess/(Deciency) (a-b)
(d) Supplementary Capital
(e) Total Capital (a+d)
(f) Total Risk Weighted Assets
(g) Core Capital/ Total Deposit Liabilities
(h) Minimum Statutory Ratio
(i) Excess/(Deciency) (g-h)
(j) Core Capital/ Total Risk Weighted Assets
(k) Minimum Statutory Ratio
(l) Excess/(Deciency) (j-k)
(m) Total Capital/ Total Risk Weighted Assets
(n) Minimum Statutory Ratio
(O) Excess/(Deciency) (m-n)
5 LIQUIDITY
(a) Liquidity Ratio
(b) Minimum Statutory Ratio
(c) Excess/(Deciency) (a-b)
133
86
9,528
458
10,205
4,814
4,814
515
69
118
24,397
870
9,316
3,605
2,881
27,893
7
69,671
(59,466)
771
(60,237)
160
(60,077)
(60,077)
12
7,173
658
8,814
10,116
26,773
(21,959)
(21,959)
230
(21,729)
(21,729)
(60,077)
(21,729)
4,282
125,481
11,301
5,054
12,545
27,788
186,451
3,177
53,494
230
12,337
69,239
7,584
77,601
13,072
98,257
968
968
170,000
(81,806)
88,194
186,451
90,000
(21,729)
68,271
69,239
1,030
1,030
88,194
60,000
28,194
88,194
74,670
104%
8%
96%
118%
10%
108%
118%
12%
106%
0%
8%
-8%
0%
10%
-10%
0%
12%
-12%
67%
20%
47%
0%
20%
-20%
Chairman
Chief Executive Ocer
Director
Business | 43
Security
Yesterday
Agricultural
40.00 18.10
383.00 252.00
242.00 86.00
1,248.00 681.00
23.25 13.65
435.00 162.00
26.00
301.00
34.00
10.80
3.30
Banking
17.85
130.00
250.00
53.50
41.00
139.00
65.50
26.00
63.50
357.00
23.00
11.10
71.00
176.00
36.50
18.80
95.00
37.00
13.00
35.00
183.00
15.85
12.10
6.40
9.80
9.50
256.00
43.00
38.50
11.50
50.00
88.00 28.25
200.00 135.00
187.00 52.50
7.10
17.00
66.00 38.25
11.90
11.55
18.50
5.50
29.00
24.00
5.40
7.55
10.95
5.50
16.20
16.00
Insurance
29.00 10.00
5.25
11.45
600.00 384.00
22.75 15.45
28.00 15.00
136.00 36.00
Previous
20.00
184.00
24.50
305.00
90.00
799.00
20.00
185.00
3.60
34.75
11.25
3.70
58.50
13.50
7.00
27.50
Prices
Shares
26,500
8,000
22,800
12.15
95.50
211.00
40.00
20.75
103.00
42.00
14.45
41.50
226.00
20.75
671,000
4,200
10,100
996,900
489,100
6,300
778,100
55,300
217,500
30,700
388,500
1.40
4.00
1.40
4.25
20.25
4.45
5.30
176.00
29.00
25.50
5.10
28.50
129,300
800
30.00
190.00
57.00
7.35
45.00
7,800
1,004,200
7.60
11.45
11.00
5.30
5.50
18.25
18.00
105,000
84,600
597,500
28.50
190.00
6.85
45.00
7.50
10.90
10.95
18.30
16.60
10.45
6.00
473.00
19.75
15.90
36.50
10.50
5.70
473.00
19.85
16.35
40.00
96,300
6,400
12,200
1,200
16,500
66,700
1,900
15,700
600
1,200
60,200
2,100
2,079,100
5,400
7,700
16,400
700
Investment
68.00 40.00
1.20
3.65
1,500 1,500
3.90
7.00
5.20
18.85
45.75
1.85
5.20
44.75
1.90
1,500.00
4.35
5.20
50,200
120,500
4,000
27.50
27.50
474,200
11.10
95.00
849.00
14.85
281.00
2.80
7.00
97.00
1.45
38.25
21,700
154,300
46,800
4,300
148.00 90.00
860.00 670.00
24.00 12.80
340.00 245.00
2.35
4.95
5.70
10.20
115.00
97.00
3.20
1.35
50.00 30.50
1,000
200
12.10
96.00
214.00
39.75
20.75
103.00
41.50
13.10
40.25
227.00
20.75
4.35
5.25
180.00
30.75
25.25
5.10
29.50
18.00
773,200
2,600
BANK RATES
buy
sell
buy
Barclays
sell
buy
Co-op
sell
buy
Equity
sell
buy
NBK
sell
buy
KCB
sell
buy
CBA
sell
CFC Stanbic buy
sell
GulfAfrican buy
sell
buy
FCB
sell
buy
Prime
sell
CBK RABANK RATES
ABC
Euro
114.50
114.93
114.48
114.90
114.49
114.75
111.08
111.33
113.53
113.75
114.42
114.82
114.63
114.90
111.77
112.01
113.42
113.68
113.50
114.30
115.00
115.50
$
101.40
101.60
101.40
101.60
101.40
101.60
101.45
101.65
101.45
101.65
101.20
101.40
101.30
101.50
101.45
101.65
101.40
101.60
101.30
101.70
101.20
101.70
CBK RATES
1 US Dollar
1 Sterling Pound
1 Euro
1 South African Rand
Ksh/Ush
Ksh/Tsh
1 Ksh/Rwanda Franc
Ksh/Burundi Franc
1 UAE Dirham
1 Canadian Dollar
1 Swiss Franc
100 Japanese Yen
Swedish Kroner
1 Norwegian Kroner
1 Danish Kroner
1 Indian Rupee
1 Hong Kong Dollar
1 Singapore Dollar
1 Saudi Riyal
1 Chinese Yuan
1 Australian Dollar
145.77
146.26
145.72
146.21
145.75
146.06
144.00
144.31
144.43
144.66
145.68
146.08
145.75
146.10
144.48
144.76
144.23
144.58
143.80
144.50
146.30
147.00
Mean
101.5249
144.9836
113.7439
6.6030
33.1643
21.5514
7.3529
15.3195
27.6420
77.1818
104.1388
89.5874
12.2903
11.9956
15.2527
1.5274
13.0885
74.14018
27.0701
15.6035
76.8138
C$
77.55
77.71
77.43
77.77
77.56
77.74
75.64
75.82
76.62
77.04
77.69
78.09
76.90
77.90
76.06
76.21
76.78
76.96
77.00
78.00
78.30
78.90
SF
104.82
105.13
104.87
105.24
104.83
105.12
101.13
101.36
104.06
104.35
104.90
105.30
105.06
105.32
102.10
102.30
104.02
104.28
103.60
104.20
105.50
106.00
Buy
101.4322
144.82723
113.6211
6.5925
33.0848
21.4825
7.2920
15.2070
27.6164
77.0996
104.0224
89.4938
12.2752
11.9825
15.2376
1.5257
13.0766
74.31484
27.0363
15.5886
76.7233
IR
1.52
1.52
1.52
1.53
1.52
1.52
1.51
1.52
1.52
1.52
1.52
1.53
1.52
1.53
1.50
1.51
1.52
1.52
1.30
1.60
1.52
1.54
6,557,900
70,800
JY
90.06
90.32
90.19
90.53
90.13
90.33
89.94
90.14
89.26
89.46
89.84
90.24
90.24
90.46
89.75
89.92
89.24
89.45
89.70
90.70
90.00
90.50
ZR
6.64
6.69
6.66
6.69
6.52
6.79
6.59
6.60
6.55
6.57
6.66
6.96
6.73
6.76
6.61
6.71
6.54
6.57
5.00
8.00
6.70
6.95
Sell
101.6176
145.1400
113.4261
6.6135
33.2439
21.6203
7.4138
15.4320
27.6676
77.2640
104.2553
89.6811
12.3054
12.0087
15.2678
1.5290
13.1005
74.4888
27.1038
15.6183
76.9042
UNIT TRUSTS
Kenya Shilling
Kenya Shilling
USD
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
USD
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
USD
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Kenya Shilling
Buy
11.05
9.71
95.02
173.73
131.71
183.24
148.10
12.47
359.81
163.24
44.11
95.92
107.64
20.78
124.33
126.49
177.12
12.18
101.33
151.57
57.86
102.58
11.08
127.56
6.41
126.54
102.26
102.32
99.65
99.30
144.55
133.99
107.11
92.62
100.36
11.81
9.63
ARAB CURRENCY/$
Algerian Dinar
Bahrani Dinar
Djibouti Franc
Egyptian Pound
Lebanese Pound
Libyan Dinar
Omani Riyal
Qatar Riyal
Saudi Riyal
UAE Dirham
Currencies are quoted against the US Dollar
Sell
10.70
9.96
95.02
163.16
138.64
189.06
148.10
13.13
385.52
163.24
46.82
95.92
111.55
19.57
130.87
126.49
182.29
12.75
100.33
161.40
60.98
100.56
11.42
127.56
6.22
126.54
105.97
103.35
99.65
99.30
152.98
136.72
111.11
93.56
102.74
11.81
9.93
109.0986
0.37700
177.06
8.9489
1606.6
1.384
0.3847
3.6405
3.7480
3.6704
EXTENSION OF TENDER
CLOSING DATE
AGENDA
1. To confirm the Minutes of the AGM held on 25th
April 2015
2. To receive and confirm the 2015 audited report
3. To approve the 2016 Budget Estimates
4. Report of Board of Directors and the Supervisory
committee
5. Election of new officials and Supervisory
committee
6. To conduct any other Business.
By Order of Board of Directors
PIELINA KINYUA
HON.SECRETARY
44 |
| 45
46 |
ASSETS
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
B
22
23
24
25
26
27
28
29
30
31
32
33
34
C
35
36
37
38
39
40
41
42
43
44
INTEREST INCOME
1.1 Loans and advances
1.2 Government securities
1.3 Deposits and placements with banking institutions
1.4 Other interest income
1.5 Total Interest income
INTEREST EXPENSES
2.1 Customer deposits
2.2 Deposits and placements from banking institutions
2.3 Other Interest expenses
2.4 Total interest Expenses
NET INTEREST INCOME
NON-OPERATING INCOME
4.1 Fees and commissions income on loans & advances
4.2 Other fees and commissions income
4.3 Foreign exchange trading income
4.4 Dividend income
4.5 Other income
4.6 Total Non-Interest income
TOTAL OPERATING INCOME
OTHER OPERATING EXPENSES
6.1 Loan loss provision
6.2 Staff costs
6.3 Directors emoluments
6.4 Rental charges
6.5 Depreciation on property and equipment
6.6 Amortisation charges
6.7 Other operating expenses
6.8 Total other operating Expenses
Prot before tax and exceptional items
Exceptional items
Prot after exceptional items
5
6
7
8
9
10
11
12
13
14
15
Current tax
Deferred tax
Prot after tax and exceptional items
Other Comprehensive Income
13.1 Gains/(Losses) from translating the nancial statements of foreign operations
13.2 Fair value changes in available-for-sale nancial assets
13.3 Revaluation Surplus on property,plant and equipment
13.4 Share of other comprehensive income of associates
13.5 Income tax relating to components of other comprehensive income
Other comprehensive income for the year net of tax
Total comprehensive income for the year
III
OTHER DISCLOSURES
1)
a)
b)
c)
d)
e)
f)
g)
2)
a)
b)
c)
3)
a)
b)
c)
4)
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
l)
m)
n)
o)
5)
a)
b)
c)
GROUP
31 DEC 2014
Shs 000
GROUP
31 DEC 2015
Shs 000
(Audited)
(Audited)
(Audited)
(Audited)
73,145
853,043
97,902
5,563,547
5,563,547
805,499
805,499
680,066
86,932
8,527,632
32,048
151,116
3,995
79,302
16,954,227
76,905
621,728
90,065
5,020,241
5,020,241
805,499
805,499
1,757,808
124,816
50,553
8,043,938
32,048
240,932
3,934
2,402
71,845
16,942,714
73,145
853,043
97,902
5,584,682
5,584,682
805,499
805,499
680,066
86,932
613
8,527,632
151,116
3,995
79,517
16,944,142
76,905
621,728
90,065
5,047,390
5,047,390
805,499
805,499
1,757,808
124,816
54,931
8,043,938
240,932
3,934
2,613
71,993
16,942,552
8,464,547
2,844,524
2,618,047
4,052
1,532
257,924
14,190,626
9,665,110
2,037,893
2,132,846
263,244
14,099,093
8,448,263
2,844,524
2,618,047
1,351
259,627
14,171,812
9,652,794
2,037,893
2,132,846
265,068
14,088,601
347,500
721,379
1,396,796
257,645
281
40,000
2,763,601
16,954,227
1,042,500
721,379
704,708
374,753
281
2,843,621
16,942,714
347,500
721,379
1,405,525
257,645
281
40,000
2,772,330
16,944,142
1,042,500
721,379
715,038
374,753
281
2,853,951
16,942,552
BANK
31 DEC 2014
Shs 000
BANK
31 DEC 2015
Shs 000
GROUP
31 DEC 2014
Shs 000
GROUP
31 DEC 2015
Shs 000
(Audited)
(Audited)
(Audited)
(Audited)
1,117,884
625,323
14,509
1,757,716
1,122,698
640,176
44,764
1,807,638
1,117,884
627,558
14,509
1,759,951
1,122,698
642,620
44,764
99
1,810,181
887,665
226,518
39,440
1,153,623
604,093
1,149,709
183,969
24,575
1,358,253
449,385
887,514
226,518
39,440
1,153,472
606,479
1,149,548
183,969
24,575
1,358,092
452,089
18,316
14,930
17,288
53,254
103,788
707,881
14,711
21,479
19,132
32,949
88,271
537,656
18,316
14,930
17,288
53,254
103,788
710,267
14,711
21,479
19,132
32,949
88,271
540,360
88,669
170,052
11,796
20,832
61
98,065
389,475
318,406
318,406
35,087
179,084
12,164
21,229
61
111,850
359,475
178,181
178,181
88,892
170,052
11,896
20,832
61
99,208
390,941
319,326
319,326
34,838
179,084
12,264
21,229
61
112,416
359,892
180,468
180,468
(102,408)
3,950
219,948
(62,096)
3,934
120,019
(102,714)
3,980
220,592
(62,812)
3,964
121,620
759,346
(37,967)
721,379
941,327
120,019
759,346
(37,967)
721,379
941,971
121,620
31DEC 2014
Shs 000
31DEC 2015
Shs 000
(Audited)
(Audited)
1,322,265
1,869,831
182,214
1,140,051
238,588
1,631,243
621,982
518,069
518,069
-
811,448
819,795
819,795
-
521,952
215,251
737,203
576,609
254,084
830,693
661,762
661,762
760,610
70,900
831,510
1,744,577
1,000,000
744,577
265,100
2,009,677
6,780,387
16.2%
8.0%
8.2%
25.7%
10.5%
15.2%
29.6%
14.5%
15.1%
1,745,087
1,000,000
745,087
272,764
2,017,851
7,393,552
14.9%
8.0%
6.9%
23.6%
10.5%
13.1%
27.3%
14.5%
12.8%
33.8%
20.0%
13.8%
43.1%
20.0%
23.1%
SHAREHOLDERS EQUITY
Paid up/Assigned capital
Share Premium(discount)
Revaluation reserves
Retained earnings
Statutory loan loss reserve
Other reserves
Proposed Dividends
Capital grants
TOTAL SHAREHOLDERS EQUITY
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY
STATEMENT OF COMPREHENSIVE INCOME
3
4
BANK
31 DEC 2015
Shs 000
LIABILITIES
Balances due to Central Bank of Kenya
Customer deposits
Deposits and balances due to local banking institutions
Deposits and balances due to foreign banking institutions
Other money market deposits
Borrowed funds
Balances due to banking institutions in the group
Tax payable
Dividends payable
Deferred tax liability
Retirement benet liability
Other liabilities
TOTAL LIABILITIES
II
BANK
31 DEC 2014
Shs 000
DCOR >
LAND> Privatisation
DN
FREE WITH YOUR DAILY NATION
Sustainable
architecture
Long considered the choice building material
of the poor, earth is making a comeback as a
valuable option for construction, thanks largely to
its environmental friendliness
Pages 48 & 49
propertybriefs
48
DAILY NATION
Thursday
March 31, 2016
coverstory
OLX opens portal for construction
industry players to interact
Online advertising site OLX has created a
construction industry segment, oering
individuals a portal where they can buy
or sell building materials, equipment and
secure services.
The segment is handy for sellers of
sand, cement, building blocks and other
construction equipment sold in hardware
stores, giving them wider exposure to
potential clients.
OLX Kenya Country Manager Peter
Ndiangui said it was formed following
increased listing of construction items in
other segments. The segment also oers
a platform for skilled artisans to advertise
their services, placing them a call away
from households in need of their services.
Technology-savvy hardware owners
can benet from the segment, which
allows them to capture buyers keen on
comparing prices before they buy.
is published every week by Nation Media Group Limited. It is distributed free with every Daily Nation. Unsolicited manuscripts, artwork,
transparencies are submitted at the senders risk. While every care will be taken
on receipt of such material, the Nation Media Group Limited cannot accept responsibility for accidental loss or damage. Nation Media Group Limited, 2009.
All rights reserved.
49
coverstory
DAILY NATION
Thursday
March 31, 2016
Architect Aidah
Munano, P.S
Housing and Urban Development
and Mr Anil Shah,
Basco Paints
Chairman soon
after the Launch
of the Duracoat
Silicone Exterior
Range.
PHOTOS | FOTOSEARCH
Kasbah Taourirt in
Ouarzazate, Morocco
apartments.
About 500 of the buildings in the town
have ve to 11 stories, some reaching up
to 30 metres.
It is reputed to be one of the oldest
and best examples of urban planning, human settlement, and land use based on
the principle of vertical construction. For
this reason, among others, the city was
added to Unescos World Heritage list in
1982.
The city is estimated to be more than
2,000 years old and the buildings are
maintained by annual replastering; the
biggest threat to the structures is ooding.
Another impressive city made of mud
is Bam in Iran, which was partly destroyed by an earthquake in 2003.
50
DAILY NATION
Thursday
March 31, 2016
DAILY NATION
Thursday
March 31, 2016
51
52
DAILY NATION
Thursday
March 31, 2016
interiordcor
BY DELFHIN MUGO
@delphinmugo
[email protected]
PHOTOS | PAUL
LETIWA
The Samburu
only saw the
importance of
land when looking
for pasture and water
for their treasured
livestock. But they
have realised that they
can put up commercial
buildings on it, lease it
or cultivate it.
Samburu West MP
Lati Lelelit.
| 53
54 |
FINANCIAL STATEMENTS & OTHER DISCLOSURES FOR THE YEAR ENDED 31ST DECEMBER 2015
STATEMENT OF COMPREHENSIVE
INCOME
Year ended
Year ended
December December 31,
31, 2015
2014
Audited
Audited
(Kshs 000)
(Kshs 000)
Income
Brokerage Commissions
Advisory Fees
Interest Income
Dividend Income
Exchange gains
Unrealized profits on investments
Gains on disposal of assets
Bad debts recovery
Total Income
333,012
63,826
76,312
1,995
87,125
27,694
45
0
590,010
366,754
63,256
35,933
2,000
25,824
102,244
4,241
600,253
Expenses
Professional fees
Legal fees
Employee costs
Operational and Administrative expenses
Depreciation expenses
Amortization expenses
Impaired debts
Impairment loss on other long term asset
Total Expenses
Operating Profit
Finance Costs
Profit Before tax
Tax
Profit after tax
146,081
441
85,232
102,166
547
721
0
0
335,189
254,820
0
254,820
(67,263)
187,557
159,039
2,145
107,379
15,336
5,244
400
10,210
226,005
525,758
74,494
74,494
(58,933)
15,561
STATEMENT OF FINANCIAL
POSITION
Year ended
Year ended
December December 31,
31, 2015
2014
Audited
Audited
(Kshs 000)
(Kshs 000)
2,098
629
7,793
70,090
30,000
110,610
2,082
800
27,262
71,888
30,000
132,033
11,704
13,185
847,394
129,938
7,940
7,140
358,809
1,376,109
33,908
10,988
824,415
107,625
35,202
16,152
201,866
1,230,156
TOTAL ASSETS
1,486,719
1,362,189
500,000
675,745
129,938
1,305,683
500,000
515,882
102,244
1,118,126
1,112
118,281
11,038
50,605
181,036
584
167,680
17,490
58,309
244,063
1,486,719
1,362,189
Current Liabilities
Clients creditors
Amounts due to related parties
Trade payables
Accrued expenses
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
OTHER DISCLOSURES
Year ended
Year ended
December December 31,
31, 2015
2014
Audited
Audited
(Kshs 000)
(Kshs 000)
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess /Deficiency
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders Funds
required
(a-b) Excess/ Deficiency
3. Liquid Capital
a. Liquid Capital
b. Minimum Liquid Capital (the higher
of Kshs 30 M and 8% of liabilities)
(a-b) Excess/Deficiency
4. Clients Funds (Where applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank
balances
c. Excess / Deficiency
500,000
250,000
250,000
500,000
250,000
250,000
1,305,683
250,000
1,118,126
250,000
1,055,683
868,126
253,541
30,000
201,866
30,000
223,541
171,866
1,112
7,140
584
16,152
6,029
15,568
STANLEY KARIUKI
DIRECTOR
ST
DECEMBER 2015
Year ended
Dec 31, 2014
(Kshs 000)
13,541
6,437
1,616
1,900
194
23,688
134
17,612
160
9,737
255
733
28,631
(4,943)
105
(5,048)
485
(5,533)
1,444
1,000
5,402
2
107,625
115,472
13,458
6,220
3,796
611
300
29,731
28,134
1,203
83,455
198,927
3.0
3.1
3.3
3.4
3.5
3.8
3.9
5.0
5.1
5.2
5.3
5.5
5.12
Year ended
Dec 31, 2015
(Kshs 000)
135,000
100
(63,429)
79,938
15,000
166,609
135,000
100
(52,632)
57,625
15,000
155,093
23,744
423
4,439
7,584
3,700
35,930
1,586
2,576
3,744
39,891
206,499
43,834
198,927
OTHER DISCLOSURES
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess /Deciency
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders Funds
required
(a-b) Excess/ Deciency
3. Liquid Capital
For Investment Banks, Stock Brokers
and Dealers
a. Liquid Capital
b. Minimum Liquid Capital (the higher
of Kshs 30 M and 8% of liabilities)
(a-b) Excess/Deciency
4. Clients Funds (Where applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank
balances
c. Excess / Deciency
135,000
50,000
85,000
Shamaz Savani
Director
135,000
50,000
85,000
86,671
50,000
97,468
50,000
36,671
47,468
150,426
30,000
30,683
30,000
120,426
683
24,167
26,391
35,930
35,951
2,224
22
Year ended
Dec 31, 2014
(Kshs 000)
Sridhar Natarajan
Director
31,879,461
9,346,514
22,532,947
1,829,627
20,703,320
Current liabilities
Client creditors
Amount due to other
stockbrokers
100,453,417
-
69,014,094
7,988,768
61,025,326
19,184,400
41,840,926
61,100,458
25,000,000
119,697,336
18,318,374
224,116,168
52,875,412
119,810,937
257,015,009
1,280,371
430,981,729
655,097,897
142,561,101
-
Borrowings
Tax payable
Accrued expenses
Deferred tax
Total Current Liabilities
36,606,237
17,403,894
650,659
155,114,207
49,517,473
14,957,256
4,370,589
703,657
212,110,076
250,000,000
85,157,429
128,465,182
60,122
463,682,733
618,796,940
250,000,000
64,454,110
128,465,000
68,711
442,987,821
655,097,897
250,000,000
250,000,000
-
250,000,000
250,000,000
-
438,682,733
417,987,821
250,000,000
250,000,000
188,682,733
167,987,821
262,687,681
175,024,911
50,000,000
50,000,000
212,687,681
125,024,911
NIL
10%
NIL
10%
14.6%
40%
19.8%
40%
100,453,417
142,561,101
50,336,701
119,810,937
OTHER DISCLOSURES
Capital strength
Paid up capital
Minimum capital required
Excess/(Deficiency)
Shareholders funds
Total shareholders
funds(excluding revaluation of
NSE seat)
Minimum shareholders funds
required
Excess/(Deficiency)
Liquidity
Working capital(excluding all the
current assets and liabilities
in relation to clients)
Minimum working capital
required
Excess/(Deficiency)
Ratio of unsecured advances
to shareholders funds
Ratio as computed
Maximum allowable limit
Ratio of borrowings to paid up
share capital.
Ratio as computed
Maximum allowable limit
Clients funds
Total clients creditors including
the amounts payable
to stockbrokers
Total clients cash and bank
balances including amounts
due from stockbrokers.
SIGNED BY:Lucas Otieno
DIRECTOR
Dennis Waweru
DIRECTOR
| 55
56 |
STANLIB
Equity Fund
1.0
1.3
1.9
1.14
Income
Interest Income
Unrealized (loss) on investments
Total Income
2.0
2.2
2.6
Expenses
Professional fees
Operational and Administrative
expenses
2.11 Total Expenses
3.0 Operating Prot
5.0 Prot/loss Before tax
6.0 Tax
7.0 Prot /loss after tax
480,965
(632)
480,333
245,630
(11,828)
233,802
57,265
10,117
40,030
7,073
67,382
412,951
412,951
412,951
47,103
186,699
186,699
186,699
1.0
1.3
1.4
1.9
1.13
1.14
Expenses
Professional fees
Operational and Administrative
expenses
2.11 Total Expenses
3.0 Operating Prot
5.0 Prot/loss Before tax
6.0 Tax
7.0 Prot /loss after tax
2.0
2.3
2.11
2.12
Current Assets
Other trade receivables
Ofce cash and bank balances
Other current assets - xed
deposits
2.13 Total Current Assets
2.14 TOTAL ASSETS
3.0
3.8
3.9
4.0
4.6
Non-Current liabilities
Total Non-current
liabilities
5.0
5.5
5.12
5.13
5.14
Current Liabilities
Trade payables
Unit holder distribution
Total Current Liabilities
TOTAL EQUITY AND
LIABILITIES
704,508
240,192
704,508
240,192
85,449
9,355
2,672,609
66,212
4,091
2,065,458
2,767,413
3,471,921
2,135,761
2,375,953
3,414,191
3,414,191
3,887
19,525
23,412
3,471,921
2,375,953
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess /Deciency
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders
Funds required
(a-b) Excess /Deciency
3. Liquid Capital
For Investment Banks, Stock
Brokers and Dealers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 30 M and 8%
of liabilities)
(a-b) Excess /Deciency
For Fund Managers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 5 M and 8%
of liabilities)
(a-b) Excess /Deciency
4. Clients Funds (Where
applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank
balances
c.
Excess / Deciency
1,804
1,158
26,181
(99)
29,044
7,464
1,073
3,680
937
8,537
2,193
2,193
392
1,801
4,617
24,427
24,427
443
23,984
2.0
Current Assets
2.3
3.8
3.9
4.0
Non-Current liabilities
4.6
Total Non-current
liabilities
112,078
125,073
112,078
125,073
66
719
1,401
26,740
1,467
27,459
113,545
152,532
112,742
151,782
112,742
151,782
Current Liabilities
5.3
338
287
5.5
Trade payables
465
463
Expenses
Professional fees
Operational and Administrative
expenses
2.11 Total Expenses
3.0 Operating Prot
5.0 Prot/loss Before tax
6.0 Tax
7.0 Prot /loss after tax
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess /Deciency
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders
Funds required
(a-b) Excess /Deciency
3. Liquid Capital
For Investment Banks, Stock
Brokers and Dealers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 30 M and 8%
of liabilities)
(a-b) Excess /Deciency
For Fund Managers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 5 M and 8%
of liabilities)
(a-b) Excess /Deciency
4. Clients Funds (Where
applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank
balances
c.
Excess / Deciency
4,158
658
8,361
191
13,368
2,309
505
2,241
413
2,814
1,048
1,048
74
974
2,654
10,714
10,714
181
10,533
803
750
113,545
152,532
Current Assets
Other trade receivables
Ofce cash and bank balances
Total Current Assets
TOTAL ASSETS
3.0
3.8
3.9
4.0
4.6
Non-Current liabilities
Total Non-current
liabilities
5.0
5.3
5.5
5.12
5.13
5.14
Current Liabilities
Amounts due to related parties
Trade payables
Unit holder distribution
Total Current Liabilities
TOTAL EQUITY AND
LIABILITIES
1,164
15,150
20,402
23,956
13,493
16,504
29,807
60,862
977
1,318
2,295
32,102
1,276
203
1,479
62,341
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess /Deciency
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders
Funds required
(a-b) Excess/ Deciency
3. Liquid Capital
For Investment Banks, Stock
Brokers and Dealers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 30 M and 8%
of liabilities)
(a-b) Excess/Deciency
For Fund Managers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 5 M and 8%
of liabilities)
(a-b) Excess/Deciency
4. Clients Funds (Where
applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank
balances
c.
Excess / Deciency
1.0
Income
1.3
Interest Income
1.9
1,242
375
430
2.6
306
332
681
762
3.0
Operating Prot
612
480
5.0
612
480
6.0
Tax
7.0
43
34
569
446
6,019
5,537
5,681
3,798
11,700
9,335
Current Assets
Other trade receivables
Ofce cash and bank balances
Total Current Assets
TOTAL ASSETS
364
55
419
12,119
249
2,077
2,326
11,661
11,423
11,423
11,292
11,292
22
674
696
24
345
369
12,119
11,661
4.0
4.6
Non-Current liabilities
Total Non-current
liabilities
5.0
5.3
5.5
5.12
5.13
5.14
Current Liabilities
Amounts due to related parties
Trade payables
Unit holder distribution
Total Current Liabilities
TOTAL EQUITY AND
LIABILITIES
62,341
39
1,293
Expenses
32,102
66
Professional fees
3.8
3.9
196
530
350
1,076
1,137
79
2.2
61,265
61,265
95
465
988
1,548
1,213
2.0
30,554
30,554
OTHER DISCLOSURES
OTHER DISCLOSURES
-
3,730
469
(383)
46
3,862
5.0
Income
Interest Income
Dividend Income
Unrealized (loss) on investments
Other Income
Total Income
2.0
2.2
2.6
OTHER DISCLOSURES
1.0
1.3
1.4
1.9
1.13
1.14
15,074
42,656
57,730
1.0
2,352,541
2,352,541
3,341
6,337
1,043
9
10,730
2.0
2.2
2.6
Income
Interest Income
Dividend Income
Unrealized prots on investments
Other Income
Total Income
STANLIB
Fixed Income Fund
STANLIB
Balanced Fund
OTHER DISCLOSURES
-
1. Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b) Excess /Deciency
2. Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders
Funds required
(a-b) Excess /Deciency
3. Liquid Capital
For Investment Banks, Stock
Brokers and Dealers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 30 M and 8%
of liabilities)
(a-b) Excess /Deciency
For Fund Managers
a. Liquid Capital
b. Minimum Liquid Capital (the
higher of Kshs 5 M and 8%
of liabilities)
(a-b) Excess /Deciency
4. Clients Funds (Where
applicable)
a. Total Clients Creditors
b. Total Clients Cash and bank
balances
c.
Excess / Deciency
| 57
Cannon Asset
Managers Limited
Year ended
December 31, 2014
Kshs 000
A)
1.0 Income
1.3 Interest Income
1.5 Fund Management Fees
1.8 Realized prots on investments
1.9 Unrealized prots on investments
1.10 Gains(loss) on disposal of assets
1.13 Other Income
1.14 Total Income
1.0
3,112
644,261
2,941
50,286
700,600
15,737
737,731
4,861
305
182
758,816
1.1
1.2
1.3
1.4
Management fees
Interest Income
Dividend Income
Other Income
1.6
Total income
2.0 Expenses
2.2 Professional fees
2.3 Legal fees
2.4 Employee costs
2.5 Directors Emoluments
2.6 Operational and Administrative expenses
2.8 Depreciation expenses
2.10 Other Expenses - fees & commissions
2.11 Total Expenses
3.0 Operating Prot
4.0 Finance Costs
5.0 Prot before tax
6.0 Current Tax
6.0 Deferred Tax Expense
7.0 Prot after tax
2.0
2.1
2.2
2.3
23,144
90
216,279
25,283
158,788
18,542
41,353
483,479
217,121
601
216,520
50,407
20,080
146,033
20,993
220
190,501
26,714
149,656
4,814
256,339
649,236
109,580
343
109,237
37,427
3,252
68,559
2.4
Expenses
Audit fees
Employee costs
Operational and Administrative
expenses
Depreciation expenses
2.5
3.0
4.0
Finance Costs
5.0
6.0
7.0
8.0
Year ended
December 31, 2015
Kshs 000
Year ended
December 31, 2014
Kshs 000
115,778
1,583
117,361
31,930
2,109
13,718
47,757
1.0
1.1
1.2
1.5
1.15
2.0
2.1
2.3
2.4
2.5
2.11
2.12
2.13
2.14
Current Assets
Clients debtors
Other receivables
Prepayments
Investment in equities income securities
Ofce cash and bank balances
Current assets-investment in unit trusts
Total Current Assets
TOTAL ASSETS
103,981
574,858
16,333
573,870
6,649
14,328
1,290,019
1,407,380
510,262
294,406
23,679
77,829
197,187
1,103,363
1,151,121
3.0
3.1
3.4
3.9
61,440
1,022,953
1,084,393
61,440
886,536
947,976
4.0
4.2
4.6
Non-Current liabilities
Deferred Tax
Total Non-current liabilities
6,398
6,398
5.0
5.5
5.7
5.13
5.14
Current Liabilities
Trade payables
Accrued expenses
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
9,627
306,962
316,589
1,407,380
23,418
179,727
203,145
1,151,121
61,440
10,000
51,440
61,440
10,000
51,440
1,084,393
10,000
1,074,393
947,976
10,000
937,976
973,430
25,327
948,103
900,219
16,252
883,967
N/A
N/A
N/A
N/A
N/A
N/A
OTHER DISCLOSURES
1.
2.
3.
Capital Strength
a. Paid Up Capital
b. Minimum Capital Required
(a-b Excess /Deciency
Shareholders Funds
a. Total Shareholders Funds
b. Minimum Shareholders Funds required
(a-b) Excess/ Deciency
Liquid Capital
For Investment Banks, Stock Brokers and Dealers
a. Liquid Capital
b. Minimum Liquid Capital (the higher of Kshs 30 M and 8% of liabilities)
(a-b) Excess/ Deciency
For Fund Managers
a. Liquid Capital
b. Minimum Liquid Capital (the higher of Kshs 5 M and 8% of liabilities)
(a-b) Excess/Deciency
4.
The above are extracts from the audited nancial statements for STANLIB Kenya Limited which were approved by the board for
publication on 22nd March 2016
Regional Director
Chairperson
James Muratha
Wanjiru Mwangi
2014
KSHS
614,019
891,781
614,019
30,000,000
1,072,849
(5,305,127)
30,000,000
1,985,459
(7,674,183)
4.2
4,974,679
1,510,145
68,100
601,895
5.0
5.1
5.2
5.3
7,846,278
7,154,818
5.4
Shareholders funds
6.0
212,364
3,607,403
1,606,348
230,360
3,163,967
992,534
51,107
48,110
Total Expenses
5,477,222
4,434,971
Operating Prot
2,369,056
2,719,847
2,369,056
2,719,847
2,719,847
(912,610)
518,941
9.0
1,456,446
3,238,788
B)
1.0
1.1
1.2
Assets
Non Current Assets
Property & equipment
Intangible Assets
Total Non Current Assets
2015
KSHS
2014
KSHS
261,236
1,052,624
1,313,860
182,515
1,460,091
1,642,606
3,631,250
4,750,520
2.4
2.5
2.6
Current Assets
Investments - Available for sale
equity
Equity investments at FVTPL
Available for sale Corporate
bond
Trade and other receivables
Tax Recoverable
Cash and bank balances
2.5
25,345,643
23,282,689
3.0
Total Assets
26,659,503
24,925,295
2.2
2.3
891,781
5,900,117
1,815,863
125,396
4,902
2,369,056
2.0
2.1
1,497,500
10,502,289
2,830,000
11,380,787
372,389
1,620,273
7,721,942
775,888
1,391,099
2,154,395
OTHER DISCLOSURES
1.0 Capital Strength
a. Paid up capital
b. Minimum capital required
Excess/(Deciency) (a-b)
2.0 Shareholders funds
a. Total shareholders funds
b. Minimum shareholdersfunds
required
Excess/(Deciency) (a-b)
3.0 Liquidity
Liquid Capital
b. Minimum liquid capital
required
Excess/(Deciency) (a-b)
25,767,722
24,311,276
26,659,503
24,925,295
30,000,000
10,000,000
20,000,000
30,000,000
10,000,000
20,000,000
25,767,722
10,000,000
24,311,276
10,000,000
15,767,722
14,311,276
18,755,754
5,000,000
16,353,861
5,000,000
13,755,754
11,353,861
0%
10%
0%
10%
0%
20%
0%
20%
Excess/(Deciency) (b-a)
www.cannonassetmanagers.co.ke
J Nganga
Director
58 |
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
ASSETS
Cash ( both Local & Foreign)
Balances with Central Bank of Kenya
Kenya Government & other Securities held for dealing purposes
Financial Assets at Fair Value through Profit & Loss
Investment Securities:
(i) Held to Maturity:
(a) Kenya Government Securities
(b) Other Securities
(ii) Available for Sale:
(a) Kenya Government Securities
(b) Other Securities
Deposits and Balances due from Local Banking Institutions
Deposits and Balances due from Banking Institutions Abroad
Tax Recoverable
Loans and Advances to Customers (Net)
Balances due from Banking Institutions in the Group
Investments in Associates
Investments in Subsidiary Companies
Investments in Joint ventures
Investment Properties
Property, Plant and Equipment
Prepaid Lease Rentals
Intangible Assets
Deferred Tax Asset
Retirement Benefit Asset
Other Assets
TOTAL ASSETS
BANK
31 Dec 2014
KShs 000 (Audited)
BANK
31 Dec 2015
KShs 000 (Audited)
GROUP
31 Dec 2015
KShs 000 (Audited)
307,872
266,747
-
417,801
668,206
417,801
668,206
-
535,528
-
817,860
-
817,860
-
343,438
1,828,445
973,023
424
6,189,799
196,581
150,000
1,045,605
40,570
424
10,155,694
518,570
568,093
8,193
963,133
614,628
13,117,893
629,134
3,460
621,841
3,665
948,865
1,081,838
16,781,543
196,581
150,000
1,045,605
40,570
424
10,155,694
629,134
621,841
3,665
948,865
1,084,879
16,781,124
B
21
22
23
24
25
26
27
28
29
30
31
32
LIABILITIES
Balances due to Central Bank of Kenya
Customer Deposits
Deposits and Balances due to Local Banking Institutions
Deposits and Balances due to Foreign Banking Institutions
Other Money Market Deposits
Borrowed Funds
Balances due to Banking Institutions Group Companies
Tax Payable
Dividends Payable
Deferred Tax Liability
Retirement Benefit Liability
Other liabilities
TOTAL LIABILITIES
8,484,930
269,589
1,004,746
45,190
207,966
10,012,421
10,945,980
689,836
1,648,975
81,197
252,765
13,618,752
10,931,651
689,836
1,648,975
396
81,197
263,632
13,615,686
C
33
34
35
36
37
38
39
40
SHAREHOLDERS FUNDS
Paid Up/ Assigned Capital
Share Premium (Discount)
Revaluation Reserves
Retained Earnings/Accumulated Losses
Statutory Loan Reserves
Other Reserves
Proposed Dividends
Capital Grants
TOTAL SHAREHOLDERS FUNDS
Minority Interest
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS
1,190,893
1,822,837
101,711
(61,255)
51,285
3,105,471
13,117,893
1,190,893
1,822,837
142,904
(69,257)
77,987
(2,573)
3,162,791
16,781,543
1,190,893
1,822,837
142,904
(66,610)
77,987
(2,573)
3,165,438
16,781,124
BANK
31 Dec 2014
KShs 000 (Audited)
BANK
31 Dec 2015
KShs 000 (Audited)
GROUP
31 Dec 2015
KShs 000 (Audited)
858,524
69,922
112,687
1,041,133
1,545,367
124,322
214,132
1,883,822
1,545,367
124,322
214,132
1,883,822
INTEREST EXPENSE
Customer Deposits
Deposits and Placement from Banking Institutions
Other Interest Expenses
Total Interest Expenses
NET INTEREST INCOME /LOSS
448,510
9,116
457,626
583,507
1,151,063
1,151,063
732,759
1,151,063
1,151,063
732,759
97,468
99,160
33,217
132,139
361,984
945,491
175,650
160,424
18,119
49,501
403,694
1,136,453
175,650
166,251
18,119
49,862
409,882
1,142,641
121,010
291,045
25,500
39,016
36,411
11,028
325,211
849,221
96,270
138,093
445,292
44,702
135,379
91,481
31,000
214,088
1,100,035
36,418
138,093
445,292
44,702
135,379
91,481
31,000
216,494
1,102,441
40,200
96,270
36,418
76,582
19,688
18,681
17,737
40,200
1,135
18,681
20,384
19,688
17,737
20,384
1,140
38,221
39,361
59,049
(3,712)
43,294
39,582
57,319
(3,712)
43,294
39,582
59,966
BANK
31 Dec 2014
KShs 000 (Audited)
BANK
31 Dec 2015
KShs 000 (Audited)
GROUP
31 Dec 2015
KShs 000 (Audited)
602,163
88,752
513,411
185,627
327,784
327,784
-
777,949
252,407
525,542
358,550
166,992
166,992
-
777,949
252,407
525,542
358,550
166,992
166,992
-
41
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
INTEREST INCOME
Loans and Advances
Government Securities
Deposits and Placements with Banking Institutions
Other Interest Income
Total Interest Income
OPERATING EXPENSES
Loan Loss Provision
Staff Costs
Directors Emoluments
Rental Charges
Depreciation Charge on Property and Equipment
Amortisation Charges
Other Operating Expenses
Total Operating Expenses
Profit/(Loss) Before Tax and Exceptional Items
Exceptional Items
Profit/(Loss) After Exceptional Items
Current tax
Deferred tax
Profit/(Loss) After Tax and Exceptional Items
Minority Interest
Profit/(Loss) After Tax, Exceptional Items & Minority Interest
Other Comprehensive Income:
Gains/(Losses) from Translating the Financial Statements of Foreign Operations
Fair Value changes in Available-fo-sale Financial Assets
Revaluatation Surplus on Property, Plant and Equipment
Share of other Comprehensive Income of Associates
Income Tax Relating to Components of other Comprehensive Income
Other Comprehensive Income for the Year Net of Tax
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
EARNINGS PER SHARE- BASIC & DILUTED
DIVIDEND PER SHARE -DECLARED
III
OTHER DISCLOSURES
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
2.0
2.1
2.2
2.3
438,939
176,559
615,498
390,292
273,890
664,182
390,292
273,890
664,182
3.0
3.1
3.2
3.3
3.4
154,873
154,873
155,007
155,007
155,007
155,007
4.0
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
4.10
4.1
4.1
4.1
4.1
4.2
CAPITAL STRENGTH
(a)Core capital
(b) Minimum Statutory Capital
(c)Excess/ (Deficiency) (a-b)
(d) Supplementary Capital
(e) Total Capital (a+d)
(f)Total risk weighted assets
(g) Core Capital/Total Deposit Liabilities
(h) Minimum Statutory Ratio
(I) Excess/ (Deficiency) (g-h)
(j) Core Capital / Total Risk Weighted Assets
(k) Minimum Statutory Ratio
(l) Excess/(Deficiency) (j-k)
(m) Total Capital/Total Risk Weighted Assets
(n) Minimum statutory Ratio
(o) Excess/(Deficiency) (m-n)
2,196,566
1,000,000
1,196,566
76,713
2,273,279
8,708,542
25.9%
10.5%
15.4%
25.2%
8.0%
17.2%
26.1%
12.0%
14.1%
2,185,962
1,000,000
1,185,962
113,713
2,299,675
14,150,605
20.0%
10.5%
9.5%
15.4%
10.5%
4.9%
16.3%
14.5%
1.8%
2,185,962
1,000,000
1,185,962
113,713
2,299,675
14,150,605
20.0%
10.5%
9.5%
15.4%
10.5%
4.9%
16.3%
14.5%
1.8%
5.0
5.1
5.2
5.3
LIQUIDITY
(a) Liquidity Ratio
(b) Minimum Statutory Ratio
(c) Excess/(Deficiency) (a-b)
49.4%
20.0%
29.4%
23.0%
20.0%
3.0%
23.0%
20.0%
3.0%
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:
2.
The above statement of financial position, statement of comprehensive income and other disclosures are extracts from the books of the bank as audited by Messrs. Deloitte & Touche,
Certified Public Accountants who expressed an unqualified opinion.
Signed by:
James Gacheru
Samuel Kimani
Chairman
Chief Executive Officer
AUCTION NOTICE
3.
4.
5.
6.
7.
CONDITION OF SALE
All interested purchasers are requested to view the items as per the dates shown above and verify their
respective details as these are not warranted by neither the Auctioneer nor KAA as the items are being
oered for sale As-is-where-is basis.
All the interested purchasers will be required to pay a deposit of kshs. 25,000.00 for the items on
auction.
Where the bid price is lower than the deposit price, the bidder will be refunded the dierence between
the bid price and the deposit amount on presentation of the receipt. However, where the bid price is
higher than the deposit, the bidder will need to pay not less than 25% of the total value. The Balance
must be paid within 24 Hours failure to which the award will be cancelled and the deposit forfeited and
the item sold to the second highest bidder.
Catalogues containing details of items to be sold are on sale from the Kenya Airports Authoritys Cash
oces for Nairobi stations and cash oces in all respective stations at a non-refundable fee of kshs.
500.00. or download the catalogue from Kenya Airports Authority Website (www.kaa.go.ke/business/
tenders) free-no charges.
Sale will be subject to the reserve price.
All purchased items shall be paid for and collected from respective Kenya Airports Authority premises
within 7 days from the date of the auction failure to which, the Authority will charge storage at a rate
of 500/= per day until collection. If the items are not collected within 14 days, the items will be forfeited
to the Authority.
For any clarication, please get in touch with Garam Investment Auctioneers on 0771 563023,
Procurement Oce on telephone 020 6611232 or procurement ocers in the respective airports.
AG.MANAGING DIRECTOR
| 59
Expenses
Management fees
Custodial fees
Audit fees
Trustee fees
Other expenses (publication costs / license fees)
Total expenses
Operating Profit
Distributions to unit holders
Profit before Tax
Tax
Profit after Tax
(2,603)
(792)
175
(292)
(133)
(3,645)
19,507
(18,959)
548
548
(3,388)
(898)
(412)
(277)
(157)
(5,132)
20,787
(20,848)
(61)
(61)
31 Dec 2015
Kes000
31 Dec 2014
Kes000
229,314
229,314
262,556
262,556
1.0
1.4
1.9
3.0
3.7
3.12
3.13
3.14
Current Liabilities
Accrued expenses
Other current liabilities (distributions payable)
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
782
2,163
2,945
232,259
1,136
1,628
2,764
265,320
5.0
5.2
5.3
5.3
5.12
5.13
5.14
Current Assets
Cash and cash equivalents
Accrued interest
Other trade receivables
Other current assets (loans and receivables)
Total Current Assets
TOTAL ASSETS
147,258
2,225
82,776
232,259
232,259
95,359
2,565
5,730
161,666
265,320
265,320
Expenses
Management fees
Custodial fees
Audit fees
Trustee fees
Other expenses (publication costs / license fees)
Total Expenses
Operating Profit
Distributions to unit holders
Profit before Tax
Tax
Profit after Tax
31 Dec 2014
Kes000
28,277
12,607
319
9,113
77,834
128,150
(20,138)
(2,510)
(815)
(848)
(134)
(24,445)
(121,747)
(17,674)
(139,421)
(139,421)
(20,742)
(2,414)
(989)
(825)
(214)
(25,184)
102,966
(15,853)
87,113
87,113
31 Dec 2015
Kes000
31 Dec 2014
Kes000
680,330
680,330
970,585
970,585
1.0
1.4
1.9
3.0
3.7
3.12
3.13
3.14
Current Liabilities
Accrued expenses
Other current liabilities (distributions payable)
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
2,645
7,988
10,633
690,963
3,107
5,935
9,042
979,627
5.0
5.1
5.2
5.3
5.3
5.13
5.14
Current Assets
Financial assets at fair value through profit and loss
Cash and cash equivalents
Accrued interest
Other trade receivables
Total Current Assets
TOTAL ASSETS
590,784
97,042
1,420
1,717
690,963
690,963
851,506
124,590
1,755
1,776
979,627
979,627
Expenses
Management fees
Custodial fees
Audit fees
Trustee fees
Other expenses (publication costs / license fees)
Total Expenses
Operating Profit
Distributions to unit holders
Profit before Tax
Tax
Profit after Tax
31 Dec 2014
Kes000
25,422
93,845
1,012
31,351
92,265
243,895
(19,805)
(3,591)
(1,884)
(1,821)
(133)
(27,234)
(81,387)
(94,314)
(175,701)
(175,701)
(44,229)
(3,852)
(2,348)
(1,675)
(39)
(52,143)
191,752
(68,294)
123,458
123,458
31 Dec 2015
Kes000
31 Dec 2014
Kes000
1,500,241
1,500,241
1,957,434
1,957,434
1.0
1.4
1.9
3.0
3.7
3.12
3.13
3.14
Current Liabilities
Accrued expenses
Other current liabilities (distributions payable)
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
5,598
47,503
53,101
1,553,342
6,162
38,635
44,797
2,002,231
5.0
5.1
5.2
5.3
5.3
5.12
5.13
5.14
Current Assets
Financial assets at fair value through profit and loss
Cash and cash equivalents
Accrued interest
Other trade receivables (dividend receivable)
Other current assets (loans and receivables)
Total Current Assets
TOTAL ASSETS
1,472,044
66,072
15,226
1,553,342
1,553,342
1,960,086
25,543
16,602
2,002,231
2,002,231
Expenses
Management fees
Custodial fees
Audit fees
Trustee fees
Other expenses (publication costs / license fees)
Total Expenses
Operating Profit
Distributions to unit holders
Profit before Tax
Tax
Profit after Tax
31 Dec 2014
Kes000
36,665
(362)
(713)
6,897
42,487
(7,663)
(995)
(348)
(321)
(133)
(9,460)
12,669
(28,161)
(15,492)
(15,492)
(8,115)
(983)
(73)
(325)
(129)
(9,625)
32,862
(26,202)
6,660
6,660
31 Dec 2015
Kes000
31 Dec 2014
Kes000
306,799
306,799
334,596
334,596
1.0
1.4
1.9
3.0
3.7
3.12
3.13
3.14
Current Liabilities
Accrued expenses
Other current liabilities (distributions payable)
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
1,315
14,608
15,923
322,722
1,224
13,375
14,599
349,195
5.0
5.1
5.2
5.3
5.3
5.12
5.13
5.14
Current Assets
Financial assets at fair value through profit and loss
Cash and cash equivalents
Accrued interest
Other trade receivables
Other current assets (loans and receivables)
Total Current Assets
TOTAL ASSETS
253,330
62,623
6,769
322,722
322,722
266,792
76,576
5,827
349,195
349,195
Income
Brokerage Commissions
Advisory /consultancy Fees
Interest Income
Fund Management Fees
Administration Fees
Exchange gains/(loss)
Unrealized profits/(loss) on investments
Other Income (trading profits)
Total Income
2.0
2.1
2.2
2.3
2.4
2.5
2.6
2.8
2.11
3.0
4.0
5.0
6.0
7.0
Expenses
Direct expenses
Professional fees
Legal fees
Employee costs
Directors Emoluments
Operational and Administrative expenses
Depreciation expenses
Total Expenses
Operating Profit
Finance Costs
Profit/(loss) Before tax
Tax
Profit /(loss) after tax
COMPANY
GROUP
31 Dec 2015 31 Dec 2014 31 Dec 2015 31 Dec 2014
Kes 000
Kes 000
Kes 000
Kes 000
207,186
11,919
30,287
41,259
8,559
9.099
(65,972)
(456)
241,881
164,971
2,690
26,037
39,020
10,320
98
2,289
245,425
247,108
28,562
35,660
62,626
8,559
7,222
106,492
10,330
506,559
263,266
26,397
29,141
57,406
10,320
4,755
98
1,975
393,358
(36,357)
(5,118)
(538)
(107,429)
(1,280)
(135,516)
(3,289)
(289,527)
(47,646)
(9,006)
(56,652)
(9,703)
(66,355)
(18,232)
(5,429)
(2,827)
(109,567)
(735)
(105,459)
(3,475)
(245,724)
(299)
(5,188)
(5,487)
542
(4,945)
(40,003)
(8,488)
(1,844)
(124,211)
(20,439)
(180,420)
(4,558)
(379,963)
126,596
(10,022)
116,574
(11,678)
104,896
(65,756)
(8,702)
(3,663)
(148,785)
(821)
(164,678)
(4,861)
(397,266)
(3,908)
(6,152)
(10,060)
1,297
(8,763)
STATEMENT OF FINANCIAL POSITION AS AT 31 Dec 2015 31 Dec 2014 31 Dec 2015 31 Dec 2014
Kes 000 Kes 000
Kes 000 Kes 000
1.0 Non Current Assets
4,635
6,070
11,119
9,198
1.1 Property Plant & Equipment
1.3 Investments in subsidiary companies
175,720
175,720
1.5 Deferred Tax
2,233
23,104
26,830
1.13 Intangible assets
1.14 Other financial assets
1,902
1,941
3,274
3,258
182,257
185,964
37,497
39,286
1.15 Total Non Current Assets
2.0
2.3
2.4
2.8
2.10
2.11
2.12
2.14
2.13
2.14
Current Assets
Other trade receivables (& VAT recoverable)
Prepayments
Short term unsecured advances to related parties
Total Clients cash and bank balances
Office cash and bank balances
Other current assets (Tax recoverable)
Other financial assets
Total Current Assets
TOTAL ASSETS
44,487
6,424
46,528
180,907
11,314
17,269
25,136
332,065
514,322
60,258
6,419
25,125
126,648
45,018
29,788
132,843
426,099
612,063
58,126
9,714
329,824
190,277
15,994
20,312
25,136
649,383
686,880
79,319
7,932
309,736
153,032
76,702
43,377
132,843
802,941
842,227
3.0
3.1
3.4
3.5
3.8
3.9
250,000
70,332
320,332
323,725
136,687
(64,838)
395,574
250,000
203,794
18,311
472,105
323,725
98,897
129,625
166
552,413
4.0
4.5
4.6
Non-Current liabilities
Amounts owing to related parties
Total Non-current liabilities
5.0
5.1
5.3
5.5
5.7
5.11
5.13
5.14
Current Liabilities
Client creditors
Amounts due to related parties
Trade payables
Accrued expenses
Tax payable
Total Current Liabilities
TOTAL EQUITY AND LIABILITIES
151,097
31,592
10,416
885
193,990
514,322
125,803
19,055
46,803
11,363
13,465
216,489
612,063
161,604
40,617
12,554
214,775
686,880
145,523
34,258
77,574
10,808
21,651
289,814
842,227
OTHER DISCLOSURES
COMPANY
31 Dec 2015 31 Dec 2014
Kes000 Kes000
1. Capital Strength
a.
Paid up Capital
b.
Minimum capital required
(a-b) Excess/ (deficiency)
250,000
250,000
-
323,725
250,000
73,725
2. Shareholders funds
a.
Total shareholders funds
b.
Minimum shareholders funds required
(a-b) Excess/ (deficiency)
320,332
250,000
70,332
395,574
250,000
145,574
3. Liquidity
a.
Liquid Capital
b.
Minimum Liquid Capital (the higher of Kshs
30 M or 8% of liabilities)
(a-b) Excess/ (deficiency)
42,951
30,000
87,862
30,000
12,951
57,862
151,097
180,907
29,810
125,803
126,648
845
For and on behalf of the Board of African Alliance Kenya Investment Bank Limited:
Dr. Dan Kagagi
Chairman
Patrick Obath
Director
60 |
VACANCY
1) INSPECTOR OF WORKS 1 Post
Lake Victoria North Water Services Board (LVNWSB) a state corporation intends to recruit an
inspector of works for Supervision of Leseru intergrated community water project in Uasin Gishu
County.
Reporting to the Technical Manager Community Development the successful candidate will
perform then following duties and responsibilities;
NOTICE TO TRADERS
An Inspector of Weights and Measures will be visiting the trading centers indicated here below for the purpose of assize and stamping of traders weighing
and measuring instruments on the dates and time as shown.
All traders within twenty (20) kilometers radius of the centers mentioned are required under the provisions of section 27, Weights and Measures Act
(cap 513) to produce to the inspector ALL weights, weighing and measuring instruments which are in their possession for user for trade, for the purpose
of examination, verication and stamping.
Note: ONLY instruments which by reason of being permanently xed or being too heavy, or delicate construction that cannot be conveniently moved,
and all weighing instruments exceeding 500Kg capacity will be veried in-situ.
Traders in possession of such instruments will be deemed to have complied with the requirement of this notice, by notifying the inspector in writing of
such details of type, capacity and physical location of such instruments at least three(3) days before the date on which verication falls due.
DATE
4TH APRIL 2016
5TH APRIL 2016
6TH APRIL 2016
7TH APRIL 2016
8TH APRIL 2016
11TH APRIL 2016
12TH APRIL 2016
STAMPING STATION
THOME
MATANYA
KANYONI
LAMURIA
SOLIO
NGOBIT
KARIGUINI
MUHONIA
NGARENYIRO
ETHI
NGARENDARE
MIAMOJA
KALALU
MWIRERI
AKORINO
MURAMATI
KARIUNGA
UMANDE
NDEMU
MUTARA/RAYA
TUU TUU
MUNGETHO
SWEETWATER
MARINA
MATOPENI
MAHIGA MERU
MAKUTANO
(SIRMA)
WIYUMIRIRIE
PESI
KIAMARIGA
ILLPOLEI
DOLDOL
EWASONYIRO
KIMANJU
ENDANA
NAIBOR
JUAKALI
MAKUTANO
KABIRU
LIKII
LIKII
NANYUKI
NANYUKI
NANYUKI
NANYUKI
TIME
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
8.30AM-4.00PM
MORNING
AFTERNOON
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
MORNING
AFTERNOON
MORNING
AFTERNOON
MORNING
AFTERNOON
MORNING
AFTERNOON
MORNING
AFTERNOON
8.30AM-4.00PM
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
MORNING
AFTERNOON
8.30AM-4.00PM
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
NANYUKI
ZIWANI
MANGUO
SALAMA
MAHIANYU
MAINA VILLAGE
MAINA VILLAGE
KARUGA
NYUMBA TATU
NYAHURURU
NYAHURURU
NYAHURURU
NYAHURURU
NYAHURURU
MARMANET
GATUNDIA
MUHOTETURUMURUTI
JUNCTION
LORIAN
RUMURUTI
RUMURUTI
AFRICAN
LOCATION
THOME RUMURUTI
KINAMBA SOSIAN
MAUNDU NI MERI
KWANJIKU
MAILI SABA
MUTHENGERA
GATERO
KUNDARILLA
KARANDI
SERIA
TANDARE
MATWIKU
MWENJE
SIPILI
KINAMBA
KINAMBA
OLMORAN
SURVEY
NDURUMO
KAHURUKO
KARABA
MUHOTETU
8.30AM-4.00PM
MORNING
AFTERNOON
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
Appointment Specification
Applicants should have the following qualifications;
A Diploma in Civil Engineering or Higher National Diploma.
At least 10 years relevant work experience in supervision of Civil Works preferably water
supplies.
Computer literacy and familiarity with standards office and Engineering computer
applications.
Good understanding of Contract Management for Civil Engineering Works.
Interested Applicants should send their resume and applications with relevant copies of academic
and professional qualifications, email address, day time mobile and names of three (3) referees to
reach the undersigned before or on 11th April 2016, the appointments will be on a 1 Year basis and
will be based at the Works Site in Uasin Gishu County.
Chief Executive Officer
LAKE VICTORIA NORTH WATER SERVICES BOARD
P.O. BOX 673 50100 KAKAMEGA
TEL: 0562030795, 2031552
FAX: 056-2031506
E-mail: [email protected]
TEMBO INVESTMENT
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
MORNING
AFTERNOON
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
8.30AM-4.00PM
MORNING
AFTERNOON
8.30AM-4.00PM
8.30AM-4.00PM
Jean Muhoho
HON.SECRETARY.
EKWAM NABOS,
CHIEF OFFICER,
MINISTRY OF TRADE,TOURISM,ENTERPRISE AND COOPERATIVE DEVELOPMENT,
LAIKIPIA COUNTY
NCA
PUBLIC AUCTION
On 7th April 2016 at 10.30 a.m. at Leakeys Storage, Mombasa Road:
1. FINANCIER VS- GEORGE GICHURI KARUME M/V Reg. No. KBY 288H Man Prime Mover &
ZE 9573 Randon Tanker Trailer
On 7th April 2016 at 2.30 p.m. at Leakeys Storage - Lunga Lunga Road:
2. FINANCIER VS- MAURICE OCHIENG M/V Reg. No. KBB 457H Volkswagen Bora.
On 8th April 2016 at 10.30 a.m. at Startruck Investments Storage:
1. FINANCIER VS- HUMPHREY NDUNGU MUNGAI T/A EDMUGH AGENCIES - M/V Reg. No.
KCB 850A Toyota Premio
2. FINANCIER VS- AUTOMAT MOTORS - M/V Reg. KCB 142E Mitsubishi Delica
TERMS- Cash at the fall of the hammer
ALL ARE WELCOME
Kindly confirm your attendance through telephone numbers 0712368759 or 0202211968, OR [email protected] by 15th
April 2016
Carry your original Identity card for purposes of identification.
Kindly note that your Pin number is now required for purposes of
dividend payment. Kindly bring a copy with you
NAIROBI CHANNELS
AUCTIONEERS
Under instructions received from our principals, we shall sell the under mentioned motor vehicles:
NO AGENT
| 61
REPUBLIC OF KENYA
IN THE HIGH COURT OF KENYA
AT MOMBASA
ELC. NO. 113 OF 2015
EMFIL LIMITEDPLAINTIFF
VERSUS
THE HONOURABLE ATTORNEY GENERAL..........1STDEFENDANT
THE CHIEF LAND REGISTRAR.2NDDEFENDANT
THE REGISTRAR OF TITLES-MOMBASA..3RDDEFENDANT
THE REGISTRAR OF TITLES KWALE....4THDEFENDANT
PUBLIC SERVICE COMMISSION.5THDEFENDANT
THE DIRECTOR LAND ADJUDICATION AND SETTLEMENT..6THDEFENDANT
SETTLEMENT FUND TRUSTEE .7TH DEFENDANT
GOVERNMENT OF THE KWALE COUNTY....8TH DEFENDANT
JUMA MWATETE MWARANDUNI....9TH DEFENDANT
MWALIMU MOHAMED..10THDEFENDANT
ALI MWATETE ..11THDEFENDANT
NZURI MAHALI LIMITED.12THDEFENDANT
MOHAMED ABDALLA MNYENZE..13THDEFENDANT
SALIM ABDALLA MNYENZE .14THDEFENDANT
JUMA SULEIMAN BAJIJI..15THDEFENDANT
JUMA ALI CHIGUNIA.16THDEFENDANT
ALI MASUDI KIWAKA17THDEFENDANT
RAMADHANI ABDALLAH MWANJAMA18THDEFENDANT
MWANAISHA DUNIANI SELEMANI.19THDEFENDANT
MARIAMU MWALIMU MOHAMED ..............20THDEFENDANT
KASSIM MASOUD KIWAKA21STDEFENDANT
BAKARI HASSAN..22NDDEFENDANT
KASSIM MWASEN GEZA.23RDDEFENDANT
MOHAMED HASSAN MWASENGEZA.24THDEFENDANT
MWANAIDI HASSAN.25THDEFENDANT
ALI AMWADZENGO26THDEFENDANT
ASHA MOHAMED MWASENGEZA27THDEFENDANT
MWANAJUMA MOHAMED NCHANYUMBA28THDEFENDANT
MWANASHA MOHAMED MWASENGE29THDEFENDANT
ATHMAN AHMED JUMAA.30THDEFENDANT
BAKARI HUSSEIN CHAMKONO31STDEFENDANT
RAJAB HAMISI BOY...32NDDEFENDANT
HEMED ABDALA MWAKELI..33RDDEFENDANT
MOHAMED SAID.34THDEFENDANT
RIZIKI SAIDI MWARANDANI ...35THDEFENDANT
SALIM AHMED KUBAMBANYA..36THDEFENDANT
ABDALLA MOHAMED KIMO..37THDEFENDANT
SULEIMAN SAID WEKO38THDEFENDANT
HAMISI BAKARI NDUNI ...............39THDEFENDANT
OMARI RASHID CHIRINZO.40THDEFENDANT
HALMA ATHUMAN MWARAVANO .............41STDEFENDANT
BIDALA ABDALA ABDALLA MAHU............42NDDEFENDANT
HAMISI MWINYI MWACHOMBOLA............43RDDEFENDANT
MOHAMED SALIM KIRINZO.44THDEFENDANT
SULEIMAN MOHAMED..............45THDEFENDANT
RAJAB ABDALLA MWAMAKU46THDEFENDANT
BAKARI ABDALLAYUWA..............47THDEFENDANT
ABDALLA MBARUKA MWAROPIA48THDEFENDANT
SULEIMAN ATHUMAN MWANDIGO..49THDEFENDANT
JUMA MWALIMO MWABWAGIZO..50THDEFENDANT
HAMISI SALIM MWAYWENYE..............51STDEFENDANT
NASSORO ABDALLA MWANAKU..52NDDEFENDANT
MOHAMED ALI MWALITESO..53RDDEFENDANT
MASUDI ALI MWALITESO..54THDEFENDANT
RUMANI AHMAD SEGO.55TH DEFENDANT
ALI HASSAN MNYETO.56TH DEFENDANT
RASHID SULEIMAN TUKU.57TH DEFENDANT
ALI MOHAMED MWANGUAURI..58TH DEFENDANT
MWINYIKAI DAKARI KIBWEBWE.59TH DEFENDANT
MBWANA MWINYI BURAMU60TH DEFENDANT
BAKARI MBWANA ZONGA.61STDEFENDANT
ATHUMANI AUI GAMBERE......................62NDDEFENDANT
FRANK KIRINYA MBAABU..63RDDEFENDANT
ERIC KIMERE MWANGI..............64THDEFENDANT
ASHA ZUBERI..65THDEFENDANT
AMARI BAKARI MWAKIRENJE.66THDEFENDANT
SULEIMAN RONGA DZILALA AND HAMAD..............67THDEFENDANT
BAKARI KIRENJE68THDEFENDANT
IBRAHIM KHAMISI..69THDEFENDANT
ALI SALIM SHUFA.70THDEFENDANT
MOHAMED HAMISI..71STDEFENDANT
SALIM ALI MWASEMA.72NDDEFENDANT
JUMA HAMISI MOHAMED73RDDEFENDANT
ERIC MUNENE MATE74THDEFENDANT
MARY KAVINYA MAILU75THDEFENDANT
RONALD MOINDE KISIA..76THDEFENDANT
SLSALEHE SALIM MISACHIRIMU77THDEFENDANT
JUMA BAKARI SEIF..78THDEFENDANT
MOHAMED HADID BARO.....79THDEFENDANT
ALFANI MWALIMU MWAMSUMBI.80THDEFENDANT
SULEIMAN MWALIMU.81STDEFENDANT
MARIAM MWALIMU82NDDEFENDANT
BAKARI MWALIMU MWANASUMBI..83RDDEFENDANT
SULEIMAN HEMED GONDO.84THDEFENDANT
ALI SULEIMAN .85THDEFENDANT
MOHAMED SULEIMAN86THDEFENDANT
ADIJA MOHAMED CHANGU.87THDEFENDANT
AMINA HAMAD TSUMO88TH DEFENDANT
ZUHURA HAMAD SALIMU89TH DEFENDANT
MWANAKOMBO JUMA CHEI..90THDEFENDANT
JOSEPH GITARI EZEKIEL91STDEFENDANT
ABDALLA NASSORO MWACHIBULO..92NDDEFENDANT
MIRAJ JUMA MWADZIROHO..93RDDEFENDANT
MOHAMED M. MWATOYA..94THDEFENDANT
MOHAMED HAMISI KURERWA...............95THDEFENDANT
RAMADHANI MOHAMED..96THDEFENDANT
SAID H. MWASENGEZA..97THDEFENDANT
TAMIMA MOHAMED MWACHANGU98THDEFENDANT
DHAMIRI MOHAMED CHANGU.99THDEFENDANT
NASSORO MOHAMED..100THDEFENDANT
MFALI JUMA.101STDEFENDANT
MWADZEMBA SWALEHE MWAWAYA..102NDDEFENDANT
SWALEHE ALI MWAMANYONJE.103RDDEFENDANT
SAID ABDALLAH SAID.104THDEFENDANT
STACY WANGUI GAKIRIA.105THDEFENDANT
MATANO MOHAMED MWATOYA106TH DEFENDANT
LJA ASSOCIATES, 3
RD
LJA ASSOCIATES
ADVOCATES FOR THE PLAINTIFF
FLOOR, CAVENDISH BLOCK, 14 RIVERSIDE, RIVERSIDE DRIVE, P.O.BOX 49594-00100
62 | Notice/Property Guide
WESTLANDS
TENDER NOTICE
For over 90 years, Save the Children has been making a difference in childrens lives in more than
120 countries. We are the worlds largest independent child rights organisation, underpinned by
a vision in a world in which every child attains the right to survival, protection, development and
participation. Our mission to inspire breakthroughs in the way the world treats children, and to
achieve immediate and lasting change in their lives.
Save the Children International, Kenya Office is inviting interested vendors to submit tenders for
the below items, tender ref: SCI-K/DDB/1/2016
No
Category Code
Category
Description
Technical qualifications
SCI-K/DDB/1/2016
Educational Materials
Tender application
Fees
PUBLIC NOTICE
The Evangelical Lutheran Church in Kenya (ELCK)
wishes to notify her members and the general public
that the persons whose photographs and names appear
here below ceased to hold offices in the Ministry and
Evangelism of ELCK with effect from March 23rd 2016
and none of them is authorized to perform any activity in
the name or on behalf of ELCK, and ELCK shall not take
responsibility for any of their actions.
Mr. Thomas
Agwata
Nyabwanga
Mr. Thomas
Asiago Nyagato
Mr. Sospeter
Okongo
Mr. Richard
Amayo Ogosi
This property is strategically located within inuential residential area in Westlands with
a growing commercial node. The neighborhood is characterized by construction of high
rise residential blocks. The general area has experienced a rapid change of user from single
dwelling units to apartments and oce blocks. The property is easily accessible and within
close proximity to social amenities in Westlands and Nairobi CBD.
Location
Plot Size
Build Up Area
Services
Tenure
Term
Extension of Lease
Permitted User
Price
:
:
:
:
:
:
:
:
:
Property Guide | 63
MLOLONGO VILLAGE
Katani - Syokimau
FULLY SERVICED
RESIDENTIAL PLOTS
FOR SALE
Next to National Housing
Corporation (EPS) UNIT
INCLUDES
Cabro Paved road
Fresh Water Connection
Bore Hole water
Connection
Power Connection
Sewer System & Waste
water Treatment Plant
Main Compound secured
with Stone Wall and
Electric Fence.
Solar Street Lights
Each plot will be Chain Link
Fenced.
SOLD
Street
Contact
Email:
Website
Mobile No
:
:
:
Mlolongo Village
[email protected]
www.mlolongovillage.com
0715 122 231, 0733 122 231,0729 588870
Size
:
Cost
:
Terms of Payment :
Viewing
CONTACT 0792926267
64 | Notice/Property Guide
CAVEAT EMPTOR
BUYER BEWARE
IR. NO 11379/3 KIAMBU DANDORA FARMERS CO. LAND Prospective buyers are hereby warned that there is a massive disposal of plots in our land (LR No. 11379/3) situate in
Umoja/Dandora area. This selling is being done by non-members who have illegally erected structures on our land. They are selling the plots to unsuspecting members of the public who are
not aware of the status of the land currently.
Kiambu Dandora Farmers Co. Ltd together with the National Land Commission are in the process of preparing modalities of regularization of plot ownership on this land to people who have put
up structures. Any open space or undeveloped plot is the property of Kiambu Dandora Farmers Co. Ltd and nobody has any authority to sell or dispose.
CIV
KCC
JAC
NE
EEN
EST SPAN
ATE
GR
NE
ZO
NE
9
UMOJA INNERCORE
ESTATE
ZO
UM
O
EST JA II
ATE
14
NE
ZO
IL S
ERV
AN
TS
ZO
13
nga
za
Mwa
NE
ZO
STEEL
STRUCTURE
LIN
NAIROBI
DISTRICT
HOSPITAL
AD
RO
EST
ATE
Kwa Miwa
DO
UN
NG
RA
ILW
AY
KA
BA
R
MA AKA
RR
EM
12
ZO
N
SO E 11
SIA
NI
COCA
COLA
AR
EST ANDA
ATE
KOMAROCK ESTATE
| 65
66 | Notice/Classied
REPUBLIC OF KENYA
IN THE HIGH COURT OF KENYA AT NAIROBI
DIVORCE CAUSE NO. 178 OF 2014
ALISON DAWN CHATER..................................................................................PETITIONER
VERSUS
DENNIS PATRICK NEYLAN..........................................................................RESPONDENT
TO:
DENNIS PATRICK NEYLAN, NAIROBI
SUBSTITUTED SERVICE BY WAY OF ADVERTISEMENT
UNDER ORDER 5 RULE 17 OF THE CIVIL PROCEDURE RULES 2010
TAKE NOTICE that an Application dated 14th DeCember, 2015 has been filed in the High
Court of Kenya at Nairobi, being Divorce Case No. 178 of 2014, for which orders are that
you, the Respondent, be held in contempt of the Order of Court dated 9th April, 2015 and
that you be committed to civil jail for a period of six (6) months. Service of the Application
upon you has been ordered by way of advertisement. A copy of the Application and Order
dated 14th December, 2015 may be obtained from the High Court of Kenya at Nairobi or at
the Petitioners Advocates office.
AND FURTHER take notice that, unless you file a Response within the next 7 days, this
matter will proceed to hearing on 14th April 2016 and judgement made your absence
notwithstanding.
DATED at Nairobi this 30th day of March 2016.
KOSGEY & MASESE
ADVOCATES FOR THE PETITIONER
DRAWN & FILED BY:
KOSGEY & MASESE ADVOCATES
HAZINA TOWERS, 19TH FLOOR
MONROVIA ST. /UTALII LN.
P.O. BOX 30317 00100
NAIROBI
Beauty/Medical/Health/
Entertainment/Herbal &
Acupuncture Sections
All Days 550/= per line per day
ALL OTHER SECTIONS:
VAT Inclusive
All Days 450/= per line per day
SEMI DISPLAY BLACK & WHITE
(Boxed Classified)
All Days 1,400/= per centimetre
+VAT
SEMI DISPLAY COLOR (Boxed
Classified)
All Days 1,500/= per centimetre
+VAT
NORERN AUCTIONEERS
PUBLIC AUCTION
Duly instructed by our principals, the Financiers we shall sell by Public Auction the following
under mentioned mo tor vehicles:ON FRIDAY 8TH APRIL, 2016 STARTING AT 11.00 A.M AT OUR OFFICES,CARGEN
HOUSE,2ND FLR SUITE 206,.
REG NO.
MAKE/MODEL
BANK VS
VIEWING
KBZ 060T
NISSAN MURANO
KAU 336G
KBN 776A
MEK HOLDINGS
KBL 298Y
Purple Royal,kiambu Rd
KCC 184J
Leakeysstorage,lunga Lunga Rd
KCA 857G
SAMUEL WACHIRA
KCE 644V
ISUZU NQR
Purple Royal,kiambu Rd
The
AdvertisingCentre
Centre
TheNation
NationMedia
Media Group
Group Advertising
located
atatthe
Centre,Kimathi
Kimathi
Street
located
theGround
GroundFloor,
Floor, Nation
Nation Centre,
Street
Business
Hours:
Business Hours:
Mon- -Fri:
Fri:
8 a.m.
Mon
a.m. - - 55p.m.
p.m.
8 a.m.
Saturday
Saturday
a.m. - - 11p.m.
p.m.
10
a.m.
1
p.m.
Sunday
Sunday
10 a.m. - 1 p.m.
1
p.m.
Public
Holidays
10
a.m.
Public Holidays 10 a.m. - 1 p.m.
PERSONAL NOTICES
A265 Medical
A109 Lost
Mun Block 9/681 Joseph Wanjine
Wachira
SMASHING
FIGURE
NO HUNGER
NO GYM
0734-290686
0725-786247
Kimandi/ Wanyaga/
Nyambura Joel
659
Martha
Beauty/Medical/Health/Herbal &
Acupuncture Sections - Color
All Days 1,600/= per centimetre
+VAT
KAKAMEGA OFFICE
Mega Mall, 2nd Floor opposite NHIF
KISII OFFICE
Royal Towers, 1st Floor
ELDORET
Zion Mall,Wing C,
Fax (057) 2020388
Tel: 0719038950/1, 0722 200 773
NAKURU
C.K. Patel Building,
Kenyatta Avenue
Tel:0719 038971 / 0719 038973 /
0719038974 / 0719 038977
NYERI
Kona Hauthi House.
P.O. BOX 1396,
Tel: (061) 2030640, 0719 038998/95
Tel/Fax: (061) 2034120
THE
PAIN
PAIN RELIEF CLINIC
0733-718337
0722-242243
A279 Notices
ARDHI SACCO
SOCIETY LIMITED
PERSONAL SERVICES
A167 Acupuncture
ADDICTIONS, Smoking - Stop all.
3744885, 0737-540562, 0721-170217
DISORDERS of children.
A181 Beauty
BODY Care Call 0729727735
A202 Entertainment
PARTY Tonight Babydolls Club @ 3rd
Floor, China Centre Ngong Road.
A230 Health
0202245564 Mens delay spray
MENS RECOVERY, SIZE, CONTROL & POWER
Vimax Pills for Girth & Length
African Viagra Power
Jaguar Gel for Delay
Tiger King Power Pills
LADIES PRODUCTS:
For Free Delivery and Priv. cons. call NBI 020 2245564, 0723408602,
NACICO CHAMBERS 2nd Flr Rm. 1, Opp. Imenti Hse, Moi Ave.
Kisumu, Eld, Gilgil, Nku 0723957189. Msa-KAPACEE BUILDING,
Ground Flr, Stall No. 2, Opp. Post Bank Hse Moi Ave, 0723957189
Kisii, Naivasha, Kakamega, Bungoma, Thika: 0723408602
NOTICE OF COMPLETION OF
PART DEVELOPMENT PLANS
THE PHYSICAL PLANNING ACT (CAP 286)
(A) FORMALIZATION OF
EXISTING TARBAJ SHOOTING
RANGE PDP NO.296/2016/01.
(B) PROPOSED LANBIB KENYA
POLICE TRAINING CAMP
PDP NO. 332/2016/04
NOTICE is hereby given that preparations
of the above-mentioned Part Development
Plans were on 22nd March, 2016 complete.
The Part Development Plans relates to
land situated at Tarbaj Town and Wajir
Town within, Wajir County.
Copies of the Part Development
Plans have been deposited for public
inspection at the office of the County
physical
planning
Officer,
Town
Administrators office, Wajir and Tarbaj.
Copies so deposited are available for
inspection free of charge by all persons
interested at the office of the County
physical planning Officer, Wajir, Town
Administrators office, Wajir and Tarbaj
between the hours of 8:00a.m to 5:00p.m
Monday to Friday.
Any interested person who wishes to
make any representation in connection
with or objection to the above named
Part Development Plans may send such
representations or objections in writing
to be received by the County physical
planning Officer, P.O. Box 365 Wajir, within
sixty (60) days from the date of publication
of this notice and such representation or
objection shall state the grounds on which
it is made.
Dated of 23rd day of March 2016
E.N. MUCHERU
FOR: DIRECTOR OF PHYSICAL PLANNING.
RUNDA
ASSOCIATION
NOTICE TO
MEMBERS
INTERIOR DESIGN
REGISTRATION WITH
CREDIT REFERENCE
BUREAU
LOSE
A116 Marriage
investigators 0732555194
MOMBASA
IMAARA (opposite Pandya Hospital) 8th
floor located along Dedan Kimathi Avenue,
Kizingo Mombasa
Tel:0732 138 900, 0719 038 900, 0722 200
770, 020 3288900
SWS CLINIC
CONDITIONS OF SALE
(1) All interested buyers: are required to view the motor vehicle and verify the details as
Beauty/Medical/Health/Herbal &
Acupuncture Sections - Black
& White
All Days 1,500/= per centimetre
+VAT
KISUMU
Tufform Mall, 2nd Floor
Jomo Kenyatta Highway
Tel: 0719 038 930
J. Simiyu,
For: Director of Physical Planning
NAIROBI &
UPCOUNTRY
COMMERCIAL
A045 Auctions
REPUBLIC OF KENYA
PHYSICAL PLANNING ACT (CAP286)
COMPLETION OF LOCAL
DEVELOPMENT PLAN PDP NO. CKR/
72/16/02; EXISTING SITES FOR:
A.HIGH COURT
B.MAGISTRATE COURT KERUGOYA
NOTICE is hereby given that preparation
of the above plan was on 23/3/2016
completed
The part Development Plan relate to
land situated within Kirinyaga County
Government, Kirinyaga Central SubCounty.
Copies of the plan have been deposited
for public inspection at the office of
the County Physical Planning Officer
Kirinyaga, at the County Commissioners
Office Kerugoya and the Deputy
Commissioners Office, Kirinyaga Central.
The copies so deposited are available for
inspection free of charge by all persons
interested at the above mentioned
address between the hours of 8.00 am
and 5.00 p.m.
Any interested person who wishes to
make any representation in connection
with or objection to the above plan may
send such representations or objection
in writing to be received by the County
Physical Planning Officer, P.O Box 483,
Kerugoya, not later than 60 days from
the date of this publication and any such
representations or objections shall state
the ground on which it is made.
Dated 30th March, 2016
W.L. Loka
For: Director of Physical Planning
PUBLIC AUCTION
Under instructions received from our
principals we shall sell the following
motor vehicle by Public auction on:
SATURDAY 9TH APRIL 2016 FROM
11:00 AM AT PANGANI AUCTION
CENTRE.
BANK VS KEZIAH WANJIRU NJANE
Motor Vehicle Reg No. KCD 264P
TOYOTA AXIO -GREY.
Viewing at Pangani Auction Center.
Classied | 67
KRA APPROVED
ETR DATECS DP50
Price Offer
/20,0lus00
ive
Inc
PLEASE CALL
0718 773269
manufactured
model Dorine- CE. Suitable for
horticultural produce, fish, milk and
hospital use. Pressure max-serv 25bars.
call 0722302676/0720585314
VACANCY
MANAGING EDITOR
REQUIRED
A822 Computers
Accounting software free www.lixnet.net
ETR-APPROVED KRA, CCTV POS
Systems
Dejavu
Technologies,
Rahimtulla bld opp Bazaar/TSC 1st
floor rm 16 Moi Avenue 0711558758
Apply to
P.O Box 7610-00100 Nairobi
or email
[email protected]
REPAIR &
MAINTENANCE
returns 0724655218
B324 Building
monthly.
guaranteed.
WAREHOUSE
CLEARANCE SALE
Generator
set
diesel
engine
B498 Construction
road
roller
centrifugal
pump
4 wheel
tractor
borehole
pump
site
dumper
circular
saw
A871 Miscellaneous
P.V.C
Acoustic Ceiling
Lights
Security Doors
Wooden Doors
Gypsum Cornice
Business Consult
Services
Africa
[email protected]
0738106511
Swift
Email :
B525 Financial
0724268552 Loan on title cars Laptop
weight
scale
hand
drill
pipe
bender
CAMCO EQUIPMENT
NAIROBI: Msa Rd, Tusteel Entrance,
The Gate next to Tusky HQs 702829268 702-829281 719-594630
NAKURU: Harry Thuku Rd, Industry
Area 717-059739 717-059754
B403 Colleges
MOTORS
HEAVY COMMERCIAL
B227 Containers
CONTAINERS on sale0703-333-332
CONTAINERS on sale 20FT and
40FT Jogoo Road 0722-351616
MOTOR VEHICLES
B049 Car Hire
0700128555 Prado, Voxy, saloon new,
INTAKE
Contact: 0729307949
Email:
[email protected]
B263 Women
B250 General
UPSs on Offer;
600VA smart line interactive with internal
AVR @6,500 + VAT
DELTA smart online double conversion UPSs
1KVA DELTA N - series @ 64K+VAT
2KVA DELTA N - series @ 86K+VAT
2KVA DELTA R - series @ 75K+VAT
OTHER STOCKS AVAILABLE: 5KVA,
10KVA, 15KVA, 20KVA, 30KVA, 60KVA,
80KVA, 100KVA, 120KVA. 1ph and 3ph
SITUATIONS VACANT
UPS range
600VA to
4000KVA
for IT and
industrial
applications
MACHINES
FOR SALE
EDUCATIONAL
Mainly dealing in
Agricultural & livestock machine,
construction & mining machine pump,
generator, motor & diesel engine,
spare parts, electric tools & hardware,
general machine & workshop tools,
industrial machine, agricultural & food
processing machine, wood working
machine, construction material
MORE THAN 300 TYPES OF MACHINE IN
STOCK LOOKING FOR DISTRIBUTORS
Records - IT officer
certificate lady 0722584269
lawn
mower
POSITION:
CLERK OF WORKS
A leading Architectural firm is
seeking for clerk of works for
a building project in Nairobi.
Suitable
qualified
persons
with minimum Higher National
Diploma in Civil Engineering or
equivalent with minimum of 5
Year experience in supervision
of large scale projects should
apply to:D.N.A No. 1910
P.O. Box 49010 - 00100
Nairobi
Before 8th April 2016
MEDICAL
NEXT
INTAKE
5TH APRIL
2016
VACANCY
0722847521 or 0774219137
CHINESE LANGUAGE
Course registration for April
Intake is going on....
Native Chinese Instructor
High-tech Courseware System
Multi Media Tutorials
Small Class Arrangement
Friendly Chinese Environment
China Inforamtion & Culture
Communication (K) Ltd
Call: 020-8014333, 0722463737,
0732463737, Ofce: Postbank Hse
Banda Street, Flr 15 Rm 10
68 | Classied
B085 For Sale, Private
Autobiography 5.0 Supercharged, 2011 S/roof
Fully Loaded, Extremely Clean
0722790643, 0733510031
2008, leather interior, power seats,
fridge, extremely clean
0722790643, 0733510031
2011, leather interior, power seats
extremely clean,SUNROOF
6.99M
o.n.o
0722790643, 0733510031
LANDROVER
0704937496
110
for
1.3ono
0721280415
0727-367393 Vineyard.
KAREN 1,2,3acres 0734690959
RESIDENTIAL &
BUSINESS PROPERTIES
B740 Land, Plots for Sale
PRICE 1.65M
[email protected]
Tel: 0204454285,
0720 903 187
0721448365
months 0788209574
GITHURAI
45
100x150
T/SHARK kbj 720k 0723321454,
0723-207869
TTOWNACE KBE dsl 435K 0733880477 HURLINGHAM shopping centre
1acre old hse 380M 0713890496
TVIGO dcab 08 3.4M 0722526577
T/VITZ kbt 350k 0792858774
VERY clean L/Cruiser Prado Tx 2007
2.75M call owner 0725734870
available 0725225977
NANYUKI Nturukuma 1/8 acre plots RUIRU b/pass 90x40 comm/resd 100mtrs
@360,000/=
1/8
No Deposit
12 Months Instalments
CLEAN TITLE
CALL: 0733 607094
0733 522 551
0733 904 080
Ruiru By - Pass........1.7M/=
Ruiru East Blk 4....550,000/=
Juja Farm .............450,000/=
3 bedroomed bungalow Ruiru
bypass.............................11M
TITLES READY
Deposit...............100,000/=
Balance within 6 months
VIEWING DAILY
REAL GENERATIONS
PROPERTIES LTD
RUIRU
RUNDA
acre
FOR SALE
1.25 ACRES KIKAMBALA
1 KM FROM MOMBASA
MALINDI ROAD ON TARMAC
ROAD TO SUN&SAND HOTEL
SOLID BUILT
2500SQ FT SUPERMARKET
OR HEAVYDUTY WORKSHOP
GROUND FLOOR
2500 SQ FT4 BEDROOM
HOUSE 1ST FLOOR
3 PHASE POWER
PRIME PLOT
FOR SALE
THINDIGUA KIAMBU RD
0.75 ACRES
Ideal for Flats / School
Ksh 36M OVNO
SERIOUS BUYERS ONLY
CONTACT IRFAN
TEL: 0712870997
SPRING Valley 1/2 acre 0736680251
Syokimau 1/4ac 4 Godown 0722520394
Syokimau 1/8 2.5m 1/4 5m 0722520394
SYOKIMAU 50x100 (7) on tarmac
0721564522
MUTHIGA/KIKOPE
35x8000722294054
RUAI-JOSKA
KBC (50x100ft):
Kamulu 550k title, Joska 250k, 180k,
150k. KBC, 300k, 180k. Viewing Wed
9am, Sat 10am. Hope Realty Tusker hse,
RUAI- Malaa KBC next Utumishi Sacco BLOCKS of flats Roysambu 320K pm
0790329949
amboseli road
0712134700
7km
from
town.
8.5ono 0704937496
Classieds/Transition | 69
LARGE 2/3 br apt facing Kiambu rd SUMMERLINK Msa. A good hotel with
Thindigua 0720514030, 0707044207
PARKLANDS
4Bedroomed to let
100k Tel: 0202000568 / 0792001320
SOUTHB
mst45k0732247503
4BR+SQ
Hesbon Ingosi
Mukami (Bonny)
560 LitreMIXER
Diesel350
Driven
CONCRETE
Ltrs.
COMMERCIAL
BUILDING FOR SALE
Special
offer
Concrete mixer
@Ksh. 695,000
LAVINGTON 4br maisoneate with UMOJA III storey bld 24 units income
an sq 46M call 0717899700
EASTER OFFER
NEXYS
NEXYS
Utawala0786 992768
Githunguri
5br
RESIDENTIAL
PROPERTIES TO LET
TOWNHOUSES / MAISONETTES:
Muthaiga North - Forest Park
A 5BR maisonette (All En-suite) with
a fruit garden and DSQ located in
Muthaiga North (Forest Park) less
than 10mins from Ridgeways Mall and
5mins from Muthaiga Golf Club.
Kshs. 200,000/= Per Month
Kitisuru - Kitisuru Country
Homes (Near International
School of Kenya - ISK)
A 4BR maisonette (All En-suite) in a
gated community. 2 DSQ with a nice
garden. Solar heating and invertor
back-up.
Kshs. 250,000/= Per Month
COAST (Telephone
Coast Numbers Only)
Easter offer!!
1 Tonn
Diesel
Site
On
Diesel
1 Ton Driven
Site Dumper
Special
offer
Dumper
D531 Hotels
Kshs 590,000=
@@KSH.
555,000
Web : www.bamburiresort.com
Email : [email protected]
EXECUTIVE
www.beachfrontproperty.wix.com/for-sale
sq Msa rd next to
Syokimau rail stn 10K 0736252954
bedsitters
tel 0721914824
AT Limuru
Web: www.multitools.co.ke
Rajabally Manji
0722540642
commercial Development
We regret to announce the death of Benjamin Mweri Baya of the Kenya Broadcasting
Corporation (Sauti House, Mombasa) which occurred on Monday, 28th March 2016.
Son of the late Mzee Stephen Kenga Mwanyule and the late Mama Elizabeth Alice
Mwenda. He was the loving husband of the late Mary Singe Baya. He was father of
Elizabeth Rehema Baya and Stephen Kenga Baya.
1/9/1957-28/3/2016
Brother of Joseph Yaa Baya, Daniel Baya, Penninah Kache Koi, Esther Sidi Kenga,
Christine Karembo, Japheth H. Kithunga, the late Mary Kangombe Solomon, the late
Grace Kadzo, Simon Baya and Samson Mtinda.
Anthony Mulwa
Muindi
Brother in-law of Solomon Kenga, Anderson Kea Karisa, Rev. Onesmas Koi and Charles
T. Mwango.
The cortege leaves Kili District Mortuary on Saturday, 2nd April 2016 for burial the
same day at his fathers home at Tezo Mkombe Village, Kili County.
70 | Transition
Joshua Kanae
Ngure
I have fought a good ght of faith; I have nished the race, I have kept
the faith. 2nd Timothy 4:7
Francis Ndungu
Ngarari
Lemiten
Mark Kolii
Evaline Waithera
Muchiru
1930 -2016
Appreciation
The entire and great Masita family, friends and relatives,
we thank you all for your humble and seless contribution - material, moral, and conceptual support during
Mzees demise.
Absolom Masita
Arwonga
Whatever we have enjoyed once we can never afford to lose; all that we deeply adore
becomes a part of us; physically you are gone, spiritually we will be ever bonded
Timothy Munyalo
Kieti
1927-25/3/2016
It is with acceptance of Gods will that Kitengela International Schools and the family
of Mwangangi Nguku, announce the passing on of Mwaitu Hannah Kalondu Mwangangi
of Mbuani village, Kola Location, Kalama Sub County, Machakos County.
Loved ones never depart they rest in Gods hand and live in our hearts
forever. Rev. 14.13
20/3/2015 - 27/3/2016
The cortege leaves Montezuma Monalisa Funeral Home Ltd Machakos on Saturday
2nd April, 2016 at 8.30am thereafter service at Mbuani Salvation Army. Burial will be
held at her sons home in Mbuani Village.
Ryan Joel
Nduruhu Ngunya
Promotion To Glory
Family and friends are meeting daily at her home in Mbuani Village and at Athi-River
First Baptist Church- Makadara from 7.00pm to 9.00pm.
Wife of Joshua Mwangangi Nguku. Daughter of Late Kithyaka Kikomo and Late Waeni
Kithyaka. Sister of the late Mbuvi, Late Kyungu, Late Mwalili, Late Mativo, Late Nzioka
among others. Mother of Late Stephen Muthini, Esther Kamanthe, Beth Mueni, Paul
Musau, Rose Mwelu and Peter Mwanzia. Mother in law of Beatrice Katiwa, Patricia
Mutete, Ruth Mwikali, Christinah Muila Maundu Ngii, Julius Mbithi, and Kavai Maitha.
Hannah is survived by 33 grand children and 23 great grand children.
Rtd Major
Catherine Munyisia
Transition | 71
Trevor Osodo
Odongo
Daniel Nyoike
Gitau
Rest in Peace.
Appreciation
It is with sorrow and humble acceptance of Gods will that we announce the sudden
death of Brian Odongo Ahere Yobra which occurred on Sunday 27th March in
Mombasa. Son of the late George Ahere and Dorothy Mbinda-Ahere of Alego Kaluo,
North Alego, Manyala village. Dotting anc to Zena Stoffragen. Father to baby Natania.
Brother to David, Ian and Angela. Nephew to Josephine Ahere, the late Simon & Mary
Ahere, Dan & Florence Ahere, Nicholas and Rukia Ahere, Winnie Ahere, Michael and
Hannah Ahere, Matilda, Lydia, Josephine among others. Cousin to many. Grand child to
the late Mwalimu Mzee Ernest Odongo Ahere and Mama Jane Ahere of Alego.
Funeral arrangements are being held at his fathers residence in Ngong.
Friends and relatives are invited for a harambee today, Thursday 31st March at Railway
Club as from 5.00 pm. Another meeting will be held on Saturday at YWCA at 2.00pm
for his friends and cousins.
There will be a funeral Service at All Saints Cathedral on Thursday 7th April from 12.00
noon. The Burial will be on Saturday 9th April 2016 at his Fathers home in North
Alego, Manyala village. Contact Dan Ahere on 020-2082678 or his mobile to support
the family. M-Pesa Paybill No. 570364
Gone Too Soon. Rest In Peace Yobra.
Elizabeth Musau
(Mama Charity of Machakos)
29/2/1936 -23/3/2016
Friends and family have been meeting daily starting Tuesday 29th March from 6pm at the Railway club, Ngong Road for funeral arrangements.
Other meetings are running at Machakos T-tot hotel and their family homestead in Machakos Town (Kafoka Area) from Monday 28th March
2016.
The burial service will be held tomorrow Friday 1st April 2016 at the family homestead in Mwimuto
from 11.30 am.
The cortege will leave Machakos Montezuma Funeral Home on Friday 1st April 2016 at 8:00 am for their family home in Kyawango Location,
Mwala Sub County, Machakos County where Prayers and burial service will be conducted from 10:00am.
In Gods hand you rest, in our hearts you will live forever. May God rest our Mums soul in eternal peace.
72 | Transition
Meetings will be held at Nairobi Baptist Church Ngong Road at 6.00 pm from Tuesday
to Thursday this week.
Precious in the sight of the LORD is the death of his faithful servants.
Psalm 116:15
Promotion to Glory
Priscilla Muthoni
Mugo
The cortege leaves Uplands Funeral Home, Limuru on 1st April 2016 at 8.00a.m for
funeral service at Ngarariga Catholic Church and thereafter burial at her farm in
Kinale.
In Gods Hands you rest, in our hearts you live forever
26/9/1955 -23/3/2016
The cortege leaves Pandya Memorial Hospital Mortuary on 1st April 2016 at 1.00pm
and burial service will be on 2nd April 2016, from 11.00am at his home village Perani,
Lunga-Lunga.
You fought the good ght, kept the faith, nished the race; Rest in peace.
Appreciation
We the family of the late Phillip Ndiga Gachie
(Hiti) wish to express our sincere gratitude
to our dependable extended family members,
relatives and our unfailing friends for your overwhelming moral and material support following
Mzees demise.
Henry Mwiki
MThibaru
Family and friends are meeting at Norwich House Opp Hilton, Classic Villa-lower
Kabete,Victory Cafe Maua and Mzee Mwikis home (Gitwamwari Village ).
The Burial will be held on Friday, 1st April, 2016 at Gitwamwari Village - Meru.
Philip
Ndiga Gachie
(Hiti)
Phillip your light has not been extinguished by death; its only the lamp
that has been put out because the dawn of your life has come!
HITI, Rest In Eternal Peace.
Teresiah Njoki
Muchira
Transition | 73
Elder Joseph
Ngigi Kimani
(Kagoto)
Joseph Bwami
Kwanusu
1978 2016
George Mwetha
1946 - 22/3/2016
Clara Jepkoech
Kogo
In Gods hands you rest, but you will remain in our hearts forever.
Benedict Maingi
Kwonthe Mulwa
Death Announcement
It is with the humble acceptance of Gods will that we
announce the passing on to glory of Ms. Susan Wanjiru
Muriithi of Jacaranda Health at Coptic Hospital on 20th
March, 2016. Loving mother of Emmanuel Wemali and Sam
Muriithi Daughter of Samuel Githae Muriithi, Rtd.Clinical
Ofcer. and Mrs Ruth Wanjiku Muriithi, Lay leader at
Sagana ACK Town Church, Kirinyaga. Sister of Dr Githae
Muriithi (University of Oxford), Esther Muriithi (MP Shah
Hospital), Janet Muriithi (Ashleys), Veronica Muriithi
(Economic Industries), Margaret Muriithi (Darling Kenya)
and Peter Muriithi. Auntie of Earl, Lloyd, Adele and Wyatt.
Sister-in-law of Ruth Gakuo-Githae (Banbury, UK). Niece
of the late Collins, Mbui, Kimau, Kabugua, Wamiru, Njoki,
the late Janet, the late Margaret, the late Muciiri, Thatia
and Mugo. Cousin of many. A fundraiser to pay hospital
bills is planned on 2nd April, 2016 at Sagana Country
Hotel as from 12.00pm. and at Norwich Union, Nairobi
on 31st March. Contributions are appreciated through
M-pesa paybill 339356. Prayer and funeral organising
meetings are daily at her parents home in Sagana Town as
from 5.00pm and at Norwich House 7th oor (Opposite
the Hilton), Nairobi as from 6pm daily.
Funeral announcement to follow.
Precious in the Sight of the Lord is the death of his Saints. Psalms 116:15
Tukutendereza!!
Our family is deeply saddened to announce the untimely death of Mama Norah Anyango Were
(Matron) formerly of Kisumu MTC. Wife to the late Philemon Were Agweny of Nyakach Jimo
Olwalo, Kisumu County. Daughter of the late Mzee Philemon and Mama Isdora and Plister Okumu
of Kaisipul, Buoye School, Kanyango village, Homa-Bay County. Daughter-in-law of the late Mzee
John and Wilkister Agweny of Nyakach Jimo Olwalo. Mother of Lorna Were, Victor Odoyo, John
Were (USA), Philip Were (USA), the late Hyslop Odhiambo, Pauline Were (Safaricom Ltd - Mombasa)
and Collins Onyango (USA). Mother in law of Roselyn Were, Angelique Were and Ephraim Musanya.
Grandmother of Pierre, Adora, Ethan, Gabrille, Matthew, Abigail and Riley. Sister of Hannah Odera,
Late Grace Obunga, Roselida Omori, Elijah Ochieng, Noah Amoula, Isaiah Ouma, Jacob Okumu,
John Odiwuor, Ogweno, Jasper, Felix, Atieno, Aomo, Sophia, Everlyne, Caroline. Cousin of Caleb,
Ngode, Eliud Okonjo, Jeff, Bob, Samuel, Gordon Odhiambo Bwana, Zachariah, Ogwel Matete among
others. Sister in law of the late Enock Odongo, the late Stephen Anyanga, Late William Odundo, the
late Joseph Otieno, the late Peter Owidi (former MP), Dan Owuor, Samuel Odongo, Beldina, Dina
Owuor, Anna Otieno, the late Damar Agutu, Rebecca, Hulda, the late Peninah Odundo, Late Japheth
Okumu, James Achayo, Robert, Ondiek Mboya, Late Philip, Hezron, Josiah, Rasto,Wilson, Joram, Esther
Ochieng, Sabina Ouma, Esther Otieno, Everlyne, Grace, Prisca, the late Marcel Odera, Elijah Omori,
Martha Adel, Maren, Kerina just to mention a few. Aunt to Dickson Amwom, Grace, Barbara, Sam
Odongo, Okoth Otieno, Esau Ochieng, George, Tony Odhiambo, John-Wycliffe, Chrispin, Clinton,
Eric, Albert (KEMRI), Shirley, Imelda (Madha), Dorothy Kwanya, Elizabeth Siaji, Peter Agutu, George
Anyanga and Fred Odundo among others. Niece of Jowi Olal and Ojwach Olal. There will be a
fundraising in Nairobi (Garden Square) today between 6.30pm and 8.30pm as well as in Kisumu
Kanyamedha between 6.30pm to 9.00pm. Contribution can also be forwarded to Safaricom Paybill
Number 523208 Account Name: Norah Were. The cortege leaves Aga Khan Hospital Mortuary
Kisumu on Friday 1/04/2016 to her residence at Kanyamedha for an overnight stay. Thereafter the
body will leave for her rural home on Saturday 2/04/2016 at 4pm. Burial will take place on Sunday 3rd
April at our home in Nyakach Jimo Olwalo, Kisumu County at 10am.
I have fought a good ght, I have nished the race, I have kept the faith 2 Timothy 4:7
Death Announcement
It is with deep humility and gracious acceptance of Gods will that we announce the
promotion to Glory of our Sister in Christ Alice Nyokabi Muigai who passed on
peacefully on the morning of 28th March 2016. Wife of her late husband Brother
in Christ Suleiman Muigai Gaithuru. Sister of the late Ngoko, Kimani, Kanyaga,
Njeri Ngugi and Nyambugi Njuguna, and daughter of the late Hannah Wairimu and
Kamau Ngoko. Dear mother of Betty Wamucii Ndungu (USA), Dr. Samuel Gaithuru
Muigai (KALRO HQS),Roise Wairimu Muigai (USA), John Njenga Muigai (Nation
Media Group), Ruth Mumbi Muigai (Kajiado), Joseph Mwangi Muigai (F.S.V.L),
Martha Wambui Namu (Mama Koko), Ayany and Rebecca Njeri Muigai (Githunguri
Primary school). She was the cherished grandmother of many grandchildren and
great grand children.
The cortege leaves Mukoye Funeral Home, Githunguri on 4th April 2016 at 9:30am
and the funeral service at P.C.E.A Elijah Wathika Memorial Church (Kahunira). She
will thereafter be laid to rest at her home in Ruiru Dam, Kamburu.
Susan Wanjiru
Muriithi
14/9/1983 - 20/03/2016
It is with great sorrow but humble acceptance of Gods will that we announce the passing
on of Mr. James Kenyanjui Thuo, which occurred on 25/03/2016. Son of the late David
Thuo Kamweti and the late Mary Wanjiru Thuo. Step son of the late Milcah Wanjiku
Thuo. Loving husband of Mrs. Mary Huro Thuo. Loving Father of David Thuo Kinyanjui,
Mary Wanjiru Thuo and Michael Mwaura Thuo. Brother of the late Rev. Elijah Thuo, Phyllis
Njambi, Rebecca Wamaitha and Ruth Njeri Swakei. Step brother of Mrs. Easther Njambi
Kerungu, Simon Kamweti Thuo and other siblings. Grand Father of Michelle Mumbi
Mwaura and Jimmy Thuo and Others. Uncle of Many.
Friends and relatives are meeting daily at his residence in Buruburu Phase 5 Katulu Court
Hse No.299 and Friday 01/04/2016 at Norwich Union Towers 4th Floor Nairobi from
5pm -9pm and at Koked Hotel - Kenyatta Avenue, Nakuru.
Rosaline Nkini
Sunrise: 16th July 1958
Sunset: 27th March, 2016
There will be a Major Fundraising at Norwich Union Towers 4th oor Nairobi from
5pm, to offset medical bills.
The burial service will be announced at a later date.
1 have fought a good ght, I have nished the race, I have kept the
faith.2Timothy 4:7
May the name of the Lord be gloried. Amen
1954 -2016
It is with humble acceptance of Gods will that we announce the demise of our beloved Florence
Akinyi Otunga. She was a retired teacher and Curriculum Support Ofcer in Seme sub-county, kisumu
County. Daughter of the late Josaphat Obora Osiro and Mama Priskilla, Mama Mary and Mama Jane
Osiro of Kochogo, Ahero, Kisumu County. Wife of the late Michael Otunga Gwada of Seme, Koker,
Kajulu, Kisumu County. Co-wife of Janet Otunga (Nyagot ). Daughter-in-Law of the late Mzee Allois
Gwada and late Mama Agnes Ojuok of Seme, Koker, Kisumu County. the late Florence was the
step-mother of Ochieng, Omondi, Phillip, Nancy, Eddie and Bonn. Sister-in-law of the late Consolata
Olwal,Herina Ochuodho Abwajo , Siprosa Ligeyo, the late James Outa Gwada, Paul Ojuok, Tom
Obunga and Dr. Wadegu. Other in-laws include Regina Outa, Dorcas Obunga, Margaret Wadegu,
Chris Oduor, Ibrahim Murunga, Richard Oketch, Phillip Adundo, Geoffrey Okello (USA ), Chris Osio,
Dr Moses Owino, Janet Osiro, Lillian Osiro, Martha Osiro, Caroline Osiro, Molly Osiro among others.
Sister of George, Washington (USA) , Betty, Elijah (Uganda ), Grace, Stephen, Carol, Ken ( USA),
Cynthia, Heather, Ingrid, Linda, Michael, Robert, Leah, Lamekh (USA) , Dora, Vera ( USA ), Dr Olivia,
Barbara and Josephine. She was also sister to the late David, the late Paul, the late Joshua and the
late Habil, She was a loving Auntie to many nephews and nieces.
The body is lying at Aga Khan Hospital Mortuary, Kisumu. There shall be a Requiem mass at St
Teresas Kibuye Catholic Cathedral Kisumu on Friday 1st April 2016 at 10.00 am. The burial will take
place on Saturday 2nd April 2016 at Seme, Koker, Kajulu, Kisumu County from 10.00 am .
2 Corinthians 5:8 : I prefer to be away from the body and be at home with the Lord .
74 | Transition
Jessica Purity
Muthoni Githinji
Rebecca Ntibuka
Gitonga
Dear Wife, Mum, Granny, Sister in Christ, you rest in Gods loving arms.
Promotion To Glory
Fellistas Mbinya
Munywoki
Kiplenge Arap
Ngatipit
The Cortege leaves Nakuru War Memorial Mortuary on Saturday 2nd April 2016 at
7:30 am and proceed to his home Chebinyiny/Nyimbei for funeral service and burial
ceremony.
Give thanks in all circumstances: for this is the will of God in Christ Jesus
for you. 1st Thessalonians 5:18
Nikodem
75
SPORT
FOOTBALL
Games limbo > Nation given up to April 5 deadline to be compliant with doping code or risk ban
SCRABBLE
Willy Mwangi won the
12th edition of the East,
Central and Southern
Africa Scrabble
Championship held in
Nairobi. He beat 2015
champion Gitonga
Nderitu in the nal
round 423-421 on count
back.
21
Age of
Homeboyz
centre Calvin
Otieno who
was called up
to the Kenya
Sevens
squad
yesterday.
Farahs air of
invincibility
shattered
cannot wait to
see how Briton
Mo Farah
will react after
being smashed
by Kenyas Geoffrey Kamworor at
the recent World
Half marathon in
BY AYUMBA AYODI
Cardi.
I expect their next meeting to be on
track and specically in 10,000m at
the Olympic Games in Rio de Janeiro
in Brazil.
Pundits have averred that Farah will
be on a revenge mission and there will
be no stopping him this time round.
But if the Cardiff World Half
Marathon is anything to go by, then
I beg to dier.
As far as I am concerned, Rio is not
going to be business as usual and I
am sure Farah knows as much.
First and foremost, Kamworor
and his counterpart Bedan Karoki
are psyched up after the 1-2 feat in
Cardi and are already spoiling for
the next ght.
Of course there is that school of
thought that says road is dierent from
track, but going by the gap between
the two (Kamworor and Farah) at last
years World Championships in Beijing, its probably time for change.
I expect Kamworor and Karoki
to play the same audacious game of
catch-me-if-you-can in Rio and Farah
must brace up for tough times.
Remember, Kamworor is thinking of
attacking Farah in both his territories
(5,000m and 10,000m) if his statement in Cardi is anything to go by
and this could mark the end of an era
for the Briton. We appreciate the fact
that Farah hasnt lost a major race over
10,000m since the 2011 IAAF World
Championships in Daegu and has won
seven successive world and Olympic
nals since then.
But he is on record as having acknowledged that he will probably be
lining up in Rio alongside a phenomenal runner who is in shape to break
the half marathon world record.
We all remember Ethiopians Haile
Gebrselassie and Kenenisa Bekele
who were forced out of the scene by
younger and faster legs.
Farah has just started his journey
downhill and it is time he started waving goodbye to his fans.
The fact that Kenya has not claimed
the Olympic 10,000m title since Naftali Temu in 1968 will be inspiration
enough to push our runners to glory
in Rio.
WORLD T20
NBA
TENNIS
76 | Sports
World Rugby Sevens Series > Hong Kong and Singapore legs due in April
BY AYUMBA AYODI
[email protected]
The Kenya Golf Union(KGU)
has released Kenyas squad for
this years new-look Africa
Region Five Championship to
be held in Manzini, Swaziland
from April 11 to 16.
The
tournament
was
previously called the Africa
Zone Six Championship.
The four-man Kenya team
selected after the Windsor
Sports | 77
[email protected]
After a slow start to the
season, Tusker nally got their
campaign up and running with
a thumping 3-0 victory over
Chemelil Sugar at the Chemelil
Sports Complex yesterday.
The win took the Paul Nkatacoached brewers to the summit
of the log on 13 points.
And with Mathare United,
who were joint leaders with AFC
Word with football great > Ex- Stars striker says team needs experienced coach
Sh1.8bn
Money
Liverpool
spent to buy Divock Origi
from French Ligue One
side Lille
78 | Sports
A P
4
4
4
4
3
2
2
0
0
1
1
0
1
1
1
4
8
9
4
1
2
2
2
16
9
7
7
0
Group B
DR Congo
C.A.R.
Angola
Madagascar
4
4
4
4
3
2
1
0
0
1
1
2
1
1
2
2
6
5
5
3
4
6
4
5
9
7
4
2
Group C
Mali
Benin
S. Sudan
E. Guinea
4
4
4
4
3
2
1
0
0
0
3
3
1
2
0
1
5
8
3
1
1
4
8
4
10
8
3
1
Group D
B. Faso
Uganda
Botswana
Comoros
4
4
4
4
2
2
2
1
1
1
0
0
1
1
2
3
3
3
3
2
1
1
4
5
7
7
6
3
Group E
Guinea-Bissau 4
Congo
4
Zambia
4
Kenya
4
2
1
1
0
1
0
0
3
1
3
3
1
4
7
4
2
4
5
3
5
7
6
6
1
Group F
Morocco
Cape Verde
Libya
Sao Tome
4
4
4
4
4
2
1
1
0
2
3
3
0
0
0
0
7
9
6
3
0
5
5
15
12
6
3
2
Group G
Egypt
Nigeria
Tanzania
4 3 0 1 10 2 10
4 1 1 2 3 2 5
3 1 1 1 1 3 4
Group H
Ghana
Rwanda
Mauritius
Mozambique
4
4
4
4
Group A
Liberia
Tunisia
Togo
Djibouti
3
2
2
0
1
0
0
1
0
2
2
3
11
6
3
1
2
2
12
5
10
6
6
1
Group I
Cote dIvoire 4 1
Sudan
4 1
Sierra Leone 4 1
0 3 2
2 1 2
2 1 2
1 6
6 4
3 4
Group J
Algeria
Ethiopia
Seychelles
Lesotho
4
4
4
4
3
1
1
1
1
2
1
0
0
1
2
3
17
7
4
4
5
12
7
8
10
5
4
3
Group K
Senegal
Burundi
Niger
Namibia
4
4
4
4
4
2
1
1
0
0
0
0
0
2
3
3
9
7
2
4
2
7
6
7
12
6
3
3
Group L
Zimbabwe
Swaziland
Guinea
Malawi
4
4
4
4
2
1
1
0
2
2
2
2
0
1
1
2
8
5
4
4
3
8
4
6
8
5
5
2
Group M
Standings
Cameroon
Mauritania
S. Africa
Gambia
4
4
4
4
2
2
0
0
2
1
3
2
0
1
1
2
4
5
3
1
2
3
5
3
8
7
3
2
SOUTH AMERICA
2018 World Cup qualiers
Uruguay
6 4 1 1 1
Ecuador
6 4 1 1 1
Argentina
6 3 2 1 6
Chile
6 3 1 2 1
---------------------------Colombia
6 3 1 2 9
---------------------------Brazil
6 2 3 1 11
Paraguay
6 2 3 1 7
Peru
6 1 1 4 6
Bolivia
6 1 0 5 7
Venezuela 6 0 1 5 7
2
2
4
2
4
7
11
10
8 10
8
6
12
13
17
9
9
4
3
1
Sports | 79
2017 Afcon qualiers > Bafana need a miracle after drab draw
orocco became the rst qualiers for the 2017 Africa Cup
of Nations in Gabon after
beating Cape Verde 2-0 in Marrakech
Tuesday.
Star striker Youssef El Arabi
scored twice early in the
second half, the rst from
a penalty that resulted
in a visiting footballer
being red-carded.
Morocco hold a
six-point Group
F lead over topranked African
team Cape
Verde with
two rounds
left and a
head-to-head
advantage
having also
beaten the
islanders last
Saturday in Praia.
Frenchman Herve
Renard, who led minnows
Zambia and underachievers
Ivory Coast to the African title
in the past three tournaments,
replaced Badou Zaki as Morocco coach a month ago.
Egypt and Senegal also triumphed to virtually seal places
at the 16-nation nals while
Nigeria were eliminated and
South Africa look set to join
them on the scrapheap.
A second-half goal from
Ramadan Sobhy gave
Egypt a 1-0 Group G
win in Alexandria while
Moussa Konate and Papa
Souare goals earned Senegal a 2-1 Group K win in
Niger. Record seven-time
champions Egypt need one
point from a June visit to
Tanzania and Senegal one
point from games against
Burundi and Namibia to be
certain of playing in Gabon
next year.
Former champions South
Africa need a miracle after
a drab 0-0 home draw with
leaders Cameroon left them ve
points behind with two matchdays
remaining.
Wonder goal
After Konate and Souare had given 2002
runners-up Senegal a two-goal half-time
cushion in Niamey, Victorien Adebayor
pulled one back for Niger.
Senegal boast a 100 percent record
after four rounds and are six points
ahead of Burundi, who shocked Namibia
3-1 in Windhoek with Fiston Abdul Razak
bagging a brace. South Africa, whose
midelder Hlompho Kekana scored a
wonder goal from inside his half against
Cameroon last Saturday, flopped in
Durban. The Indomitable Lions were
content to sit back against rivals too
slow and predictable to create openings
in a match they had to win.
Minnows Mauritania forced a 0-0
draw in Gambia and host Cameroon
in a top-of-the-table clash during June
knowing victory will give them the lead.
Max-Alain Gradel scored for defending
champions Ivory Coast as they drew 1-1
in Sudan to retain a one-pont Group I
lead. Liberia moved two points clear of
Tunisia and Togo in Group A after a 5-0
win over Djibouti in Monrovia. (AFP)
EURO 2016
ENGLAND
HODGSON LAMENTS
LOST MOMENTUM
England manager Roy
Hodgson admitted that
his team had lost valuable
momentum after losing
2-1 to the Netherlands in
their nal game before he
announces his Euro 2016
squad. Hoping to build
on Saturdays rousing 3-2
win over world champions
Germany in Berlin, England
took a 1-0 lead in Tuesdays
friendly at Wembley through
Jamie Vardy, only for a
Vincent Janssen penalty and
a disputed Luciano Narsingh
strike to give Holland victory.
CONCACAF
US BOUNCE BACK
WITH BIG VICTORY
The United States got their
agging 2018 World Cup
qualication campaign
back on track on Tuesday
with a 4-0 thrashing of
Guatemala. A shock 2-0
defeat to the Guatemalans
last Friday had left Jurgen
Klinsmanns side facing a
must-win return xture in
Columbus, where a defeat
would have all but eliminated
them from North, Central
America and the Caribbean
zone qualiers. But the USA,
who have appeared at every
World Cup nals since the
1990 tournament in Italy,
dominated from the start.
ASIA
PHOTOS | AFP
Welcome
to KWS
250
Ocers and
soldiers from
EAC at initial command
training in Nairobi
challenges.
The Kenyan military chief
cited the threat posed by Somalia-based terrorist group
Al-Shabaab.
The force is also necessary
because of the anticipated
economic boom in Uganda and
Kenya with oil production, as
well as natural gas in Tanzania.
The region, including South
Sudan, covers 2.4 million
square kilometres and has a
population of 170 million.
Police and civilian experts
have been included in the joint
exercises, which are in line with
the EAC Protocol on Defence
Cooperation.
There also exists an East
African Standby Force
comprising eight additional
countries that is mandated
to send troops to war-torn
nations in the region. Article
4(h) of the AU Constitutive Act
provides for deploying troops
to a member state under circumstances of war crimes,
genocide or crimes against
humanity without that countrys permission.
Environment CS
Judi Wakhungu
inspects a guard of
honour mounted
by Kenya Wildlife
Service wardens at
KWS headquarters
in Nairobi yesterday
before giving a brief
on preparations to
burn 120 tonnes of
illegal ivory.
EVANS HABIL | NATION
Kshs 390,000
Kshs 410,000
Kshs 415 ,000
Kshs 500,000
Kshs 520,000
Kshs 525,000
LED
LIGHTING
brands & experts
Nation Media Groups regional weekly, The East African and the Digital platform will
on April 16th, 2016 publish a feature on the LED Lighting technology focusing on;
|A
B | fullpage
|C
Ministry of Lands, Physical Planning, Housing, Environment, Wildlife and Natural Resources
DEPARTMENT OF PHYSICAL PLANNING AND HOUSING
TEL: 020-2043075
Fax: 0202043075/80
Email: [email protected]
P. O. BOX 11-01100
KAJIADO.
PUBLIC NOTICE
Search Engine
OPTIMIZATION EXPERTS IN KENYA
For many businesses today, search engine optimisation, commonly referred to as SEO,
is one of the most productive marketing efforts. Thats because it enables businesses to
place information about themselves in most strategic locations online for ease of access
by its customers and targeted consumers.
Business Daily will publish a special journal on: Search Engine Optimization Experts
in Kenya on Thursday, April 14, 2016.
To participate in the special feature, contact:
Benard: 0720 362 362, E-mail: [email protected]
Josiah: 0722 390 491, E-mail: [email protected]
D|
To serve
you better...
...the Nation Media
Group Kisumu
Regional Ofce has
relocated from Mega
Plaza to the Ist Floor of
The New Tuffoam Mall
on Kenyatta Avenue
opposite the Kisumu
Law Courts.
For advertising and
news coverage,
kindly contact us on
0719038930
Mombasa County has been reforming existing approaches to education and training through the County Department of Education.
As part of the Talent Knowledge & Workforce Development Strategy, we have organised Tukuza Kipawa an annual event which creates
an opportunity for the youth to acquire knowledge on career advancement and available scholarship provided by the county.
For this purpose, we have organized the 1st Coast Regional Education a & Careers Forum, in collaboration with Express Communications
Ltd, at the Aga Khan Sports Centre, Mombasa on March 31st-April 1st, 2016. The Forum will bring together local and international colleges
and universities and the graduating high school students, school leavers, teachers and parents. Entrance is free.
Universities and colleges will be marketing programmes to students, school levers and other young persons including the working
class people.
Career experts and counselors to impart career knowledge to students, school leavers, teachers and parents.
Industry leaders to speak on job market requirements.
Job seekers who wish to know why they are jobless and yet there are thousands of jobs everywhere.
Programmes on vocational training in our Mombasa City Polytechnics which provide unique learning experience to learners who
want to:
a.
b.
c.
Develop their technical and or entrepreneurial skills for self of salaried employment.
Upgrade their technical and entrepreneurial skills to career advancement.
Develop their talents and passion in sports or performing and creative arts (talent centre)
Log on to www.coasteducationforum.com for the events programme.
You may also contact: Jeff at 0722 319004 or John at 0703 416 314
Property Guide | E
F|
Deep trenching/
excavation risks
Soil erosion and
water logging
Waste generation
Increased trafc
Increased water
demand
Increased Energy
demand
Gains in the local economy will result from the utilization of locally available materials including: building stones, iron sheets,
timber, bricks, paint, electrical cables, water storage equipments, water pipes, steel, glasses, fencing posts, sand, cement, fuels,
etc. and paying of taxes to the government.
Change in land use from underutilized land to land on which a modern high-rise development stands will optimize land use in the
area
The operation of the proposed Project may induce improvements in infrastructure around the facility e.g.:- improved roads,
electricity connection, regular maintenance of roads, storm water drainages and power lines around the building and environs
Comply with maximum permissible noise levels for constructions sites as per Second Schedule of the Environmental
Management and Coordination (Noise and Excessive Vibration Pollution Control) Regulations, 2009; Apply for a License from
NEMA whereby maximum permissible noise levels are to be exceeded; Prescribe noise reduction measures e.g. restricted
working hours, transportation hours and noise buffering; Install portable barriers to 4 shield compressors and stationary equipment
where necessary and locate stationary noise sources as far from existing sensitive receptors as possible; Use quiet equipment
(i.e. equipment designed with noise control elements such as mufflers)
Provide 2.4 meter high hoarding along site boundary; Provide effective dust, screen, sheeting or netting where a scaffolding is erected around
the perimeter of a building under construction, from the ground oor level of the building, or if a canopy is provided at the rst oor
level, from the rst oor level, up to the highest level of the scaffolding; Any skip hoist for material transport shall be totally enclosed by
impervious sheeting; Water all active construction areas when necessary; Cover all trucks hauling soil, sand and other loose materials or
require all trucks to maintain at least two feet of freeboard; Pave, apply water when necessary, or apply (non-toxic) soil stabilizers on all
unpaved access roads, parking areas and staging areas at construction site; Down wash of trucks (especially tyres) prior to departure
from site; Use of electrically operated construction machinery to avoid externalities produced by diesel engines
Security shall be enhanced by ensuring security guards are always posted within and around the project site and strategic placement of
security lights around the site; A roster of all construction workers shall be kept while measures shall be put in place to ensure that loitering
by itinerant workers is discouraged; Unattended public access to the construction site shall be
restricted and only one entry/exit point shall be used; Appropriate health and safety measures shall be implemented as per the OSHA Act
2007; Warning signs should be placed in appropriate places; Safety education and training of the construction workers should be undertaken;
Appropriate Personal Protective Gear shall be worn at all times by all within the construction site including visitors; Install appropriate re
management equipment
A barricade at least 3 feet high must be erected around a trench that is 1 meter or more deep excavated material should not be placed
less than 4 feet from the edge of a trench to minimize risk of collapse due to the weight of the spoil; Where a possibility of collapse or cave
of an excavation exists, it should be shored, shielded, benched or battered to prevent the collapse or cave-in; Ladders must be provided no
more than 20 meters apart in the area where excavation works are being carried out
Terrace, level and rip off compacted areas of the project site to reduce run-off velocity and increase inltration
of storm water into the soil; Dig trenches and cut off drains to channel runoff into existing peripheral storm water drains; Surface runoff
should be harvested where applicable for reuse during construction works
Use durable, long-lasting materials that will not need to be replaced often, thereby reducing the amount of construction waste generated
over time; Provide facilities for proper handling and storage of construction materials to reduce the amount of waste caused by damage or
exposure to the elements; Use building materials that have minimal packaging to avoid the generation of excessive packaging waste; Use
construction materials containing recycled content when possible and in accordance with accepted standards; Ensure adequate collection
and storage of waste on site and safe transportation to licensed disposal sites by licensed waste handlers
Any work that disturbs normal trafc signal operations shall be coordinated with the relevant authorities; Ensure that the Entry/Exit to the
project site is located where it will cause minimal trafc along Haile
Selassie and Lower Hill Roads; Ensure all construction vehicles to and from the construction site use the designated Entry/Exit to
the project site
All transportation of construction raw materials and excavated materials are to be conducted at traffic off peak hours only;
Cover all trucks hauling soil, sand and other loose materials to avoid spillage and dust emissions that may interfere with smooth
motoring; NO PARKING signs will be posted around the building where Parking is prohibited and likely to cause
obstruction as well as other necessary traffic signs; Traffic
management/parking personnel shall be provided to monitor parking and ensure smooth motoring along the buildings adjacent
roads
Promote awareness on water conservation and reducing water wastage
Reduce water delivery in taps, through the installation of low flow devices or aerators on taps; Press action taps, flush valves and
urinal sensors shall be used to minimize water wastage in public washrooms; Install water efficient plumbing.
Improve lighting efficiency by efficient window placement during project design (day-lighting); Identify and use
equipment/systems having minimum
energy consumption; Audit energy use occasionally; Use alternative energy sources such as solar power; Other mitigation
measures are outlined within the report
Date:
Venue:
Those
invited
to attend:
Neighboring
Counties
SEKEBs
overriding
objective:
The full report of the proposed project is available for inspection during working hours at:
1. Principal Secretary,
2. Director General, NEMA Popo Road, off Mombasa Road,
Ministry of Environment, Natural Resources and Regional Authorities,
P.O. BOX: 67839-00200, NAIROBI
NHIF Building, 12th Floor,
Ragati Road, Upper Hill, P.O. BOX: 30126-00100, NAIROBI
3. County Director of Environment, NAIROBI COUNTY
A copy of the EIA report can be downloaded at www.nema.go.ke
NEMA invites members of the public to submit oral or written comments within thirty (30) days from the date of publication of this notice to the Director General,
NEMA, to assist the Authority in the decision-making process for this project. Kindly quote ref. no. NEMA/EIA/5/2/1261
Comments can also be e-mailed to dgnema nema.go.ke
DIRECTOR GENERAL
This advertisement is sponsored by the proponent.
COUNTY
GOVERNMENT OF
MACHAKOS
Leisure | G
SIMPLE CROSSWORD
ACROSS:
1.The right or state of selfgovernment especially
when limited
7.Ones individuality
8.To pour________on
troubled waters means
clam down a potentially
troublesome situation
10.A reward for merit
12.5th Zodiacal sign
13.An informal letter
14.To throw missiles at
15.5th tone of the diatonic
scale
16.Probability
18.Mimicked
21.The sheltered side away
from the winds
22.A positive electrode
23.Poetic for before
24.Tiny
25.A woman who remains
unmarried beyond the
usual age of marriage
DOWN:
1.Member of ethnic group
living in Ghana and in E.
Ivory Coast
2.A protuberance of the
mammary gland through
SUDOKU
smoothing wood
16.Maasai for son of
17.Profound
19.One who writes poetry
20.Expensive
22.The bristly process of
barley
YESTERDAYS
SOLUTION
ACROSS:
1. Bursary
7. Our
8. Are
10. Storm
12. Rob
13. Hu
14. Knit
15. Eye
16. Grid
18. Eden
21. Red
22. Spade
23. Age
24. Oer
25. Address
DOWN:
1. Bash
2. Roof
3. Surfed
4. Arm
5. Yarn
6. Debt
9. Roiled
11. Tuareg
14. Keeper
16. Grab
17. Idea
19. Dare
20. Nebs
22. Sod
YESTERDAYS SOLUTION
CODEWORD
COMPLEX CROSSWORD
ACROSS
1 Mark from a wound allowed
to become red (7)
5 Feel doubt (7)
9 A king has challenger
coming (7)
10 Warning: pulse regularly
dropped after test (7)
11 Illumination that could be
low level initially in time of
darkness (9)
12 Smallest let out, we hear (5)
13 It spins both ways (5)
15 Share in ball, now dance all
topless! (9)
17 Abused sew hats and work
here? (9)
19 Get up, shift bandage (5)
22 Cop it out of sight (5)
23 Resolve to check explosive
device (9)
25 Group are called inside (7)
26 Observe married men in
bed (7)
27 Criminal held bar as
weapon (7)
28 Mad character after small
crush (7)
DOWN
1 One who criticises prison?
(7)
2 Where trunks are taken o
jumbos? (7)
3 The French versus the
Spanish: well balanced (5)
4 Great help with editing
newspaper (9)
5 The woman put on Alien
lm (5)
YESTERDAYS
SOLUTION
ACROSS
1 Antic
4 Pomander
8 Verbatim
9 Pentagon
11 Casting
13 Abandoned
15 Oustanding
debt
18 Exonerate
21 Epitaph
22 Accolade
24 Roughage
25 Sedative
26 Pleat
Each number in our Codeword grid represents a dierent letter of the alphabet. For example,
today 17 represents M so ll in M every time the gure 17 appears. You have two letters in the
control grid to start you o. Enter them in the appropriate squares in the main grid, then use
your knowledge of words to work out which letters should go in the missing squares. As you get
the letters, ll in other squares with the same number in the main grid and control grid. Check
o the list of alphabetical letters as you identify them.
DOWN
YOUR STARS
entrance (7)
20 Obvious Id cut through
tournament (7)
21 Lieutenant in abrupt retreat
(7)
23 Fear making Penny study
(5)
24 Dance from graduate
following alcohol (5)
1 Advice note
2 Turn out
3 Clarinet
4 Pump
5 Abated
6 Dragon
7 Ruin
10 Examinee
12 Gainsaid
14 Detachment
16 Giving up
17 Escapade
19 Orchid
20 Enlist
22 Auks
23 Erie
YESTERDAYS
SOLUTION
H | Leisure
CINEMA GUIDE
VICTORIAS
LOUNGE
7:30PM
Todays
highlight:
MOVIE:
UNANSWERED
PRAYERS
@10:30PM
QTV
5:00 Al-Jazeera
5:30 Sifa
6:00 Chee Live
9:00 Dira ya Dunia
9:30 Runaway Father
11:30 La Loba
12:30 Qusifu Choir
1:00 Toleo La Mchana
1:30 Ana Kwa Ana
1:50 Mali
2:30 African Music
4:05 Mahewa
5:00 Sifa
5:30 Destiny River
6:30 Taarifa Za
Magharib
7:00 Maisha Bure
8:00 Toleo La Jioni
NAIROBI
06.00 State of the Nation with
Jimmy and
Mumbi
10.00 The Music
Magazine
2.00 Sportsline with
Sean Cardovillis
4.00 The Nation s Drive
With- Chris Okinda
8:50 Documentary-CMA
Part 3
9:00 Swala Nyeti
10:00 Snakes and
Lizards
11:00 Dira ya Dunia
11:30 Al Jazeera
TELEVISION
CITIZEN TV
K24 TV
ANDY CAPP
KTN TV
EBRU AFRICA TV
7:10 Arthur
7:40 Wimzies House
8:00 Africa This Morning
9:45 Passione
10:30 Ayna
11:00 Afro Beat
12:00 Changamka
12:30 Hitler Didi
1:00 Up to Date @ 1
1:15 News in Focus
2:00 Blessika Reloaded
3:00 Fifth Dimension
4:00 Up to Date @ 4
4:15 Tarchin and Friends
4:45 Backyard Science
6:30 Hitler Didi
7:00 Ebru Magharibi
7:30 Mjinga Mshenzi
8:10 Passione
9:00 Ebru News
10:00 Just the Facts
10:45 World of Football
11:30 Ebru Magharibi
KBC TV
Advertising Feature | I
www.nssf.or.ke
II | Advertising Feature
www.nssf.or.ke
Dr Anthon Omerikwa
AG. CEO/MANAGING TRUSTEE
In order to epand reach, NSSF has
partnered with other social partners,
such as NIF, in data sharing to ensure
that all workers are covered.
NSSF is also improving the ease of access
b oering services through uduma
Centres.
The Fund is in the process of putting
in place an online registration in
collaboration with e-huduma, a mobile
platform through which members can
access their statements.
Other recent developments to improve
Millicent Awiti
MANAGER STRATEGY & CANGE/
MANAGEMENT REPRESENTATIVE
www.nssf.or.ke
organisational goals.
NSSF could not have achieved this milestone
on its own. It has taken a lot of goodwill from
the Trustees and the central government, which
have pushed us towards achieving such a high
level of services deliver, Dr Omerikwa observes.
The new standardisation places the customer
at the centre of focus. NSSF has to concentrate
on growth and retention of members. We have
to bring value to our customers and ensure that
there is growth. We can do this b diversifing
our benets, sas Dr Omerikwa.
ISO 9001:2015 certication brings more
ecienc in service deliver. The level of
customer service at NSSF has indeed gone up.
Presentl, it takes onl 24 hours for the Fund
to respond to email member complaints. A
10-hour toll-free call centre (08002212744)
that members can use to contact NSSF has
heightened the service levels. In addition, the
automation of internal processes has seen
customers being served faster.
Mr Pius Metto, the Acting General Manager for
Social Securit at NSSF sas members can now
easil access information about their savings at
an time. The can further choose to ring-fence
their savings and invest prudentl with NSSF.
This is because of the risk mitigating measures
that we have attached to our investments,
eplains Mr Metto.
CONITNUED NET PAGE
IV | Advertising Feature
www.nssf.or.ke
We have to listen to
customer needs and
diversif our products to
meet the current trends
and lifestles of our
members
Dr Anthon Omerikwa. NSSF CEO
0)4.10)/ 31
*
50th Anniversary
on their
Call: +254 20 4969 000
Email: [email protected]
www.alexanderforbes.co.za/kenya
$(
'&-%#$&
Website: www.nhif.or.ke
Toll-Free: 0800720601
As we applaud NSSF for this achievement, we must also remind Kenyans that
this award demonstrates our commitment as KEBS to supporting organizations
that champion standards.
Certification to ISO 9001:2015 Quality Management System allows an
organization to demonstrate its commitment to best practice, efficiency and
sustainability. By choosing to be certified by KEBS, does not only show NSSFs
commitment to best practice, but also shows that excellence matters to the
organization. In addition, certification to ISO 9001:2015, also confirms that NSSF
has identified risks associated with provision of social security and investment
services and has put in place adequate measures to address this risk.
Congratulates
,*52.46 -50
/3
+
.)
We create,
grow and
protect your
wealth and
assets.
The NSSF Ag. CEO/MT Dr Anthon Omerikwa receives a troph from .E President Uhuru Kenatta during the
2015 Nairobi International Show.
The new edition of ISO 9001:2015 was published on 15th September 2015. This
fifth edition of the standard replaces the fourth edition (ISO 9001:2008), which
has been revised. Organizations certified to ISO 9001:2008 must transit to ISO
9001:2015 within the three year transition period granted by the International
Accreditation Forum (IAF) i.e. before 15th September 2018. KEBS has the
capacity to carry out transition training and certification to the new standard
and organizations needing these services are urged to contact KEBS.
Once again we congratulate NSSF for being one of the first organization in
the region to certify to this new standard and urge both the public and private
entities to embrace standardization in their systems and processes as standards
are a key component in any economy thereby providing lasting solutions for
sustainable development.
[email protected]/[email protected]
2714806
www.nhif.or.ke
@nhifkenya
Advertising Feature | V
www.nssf.or.ke
VI | Advertising Feature
www.nssf.or.ke
www.nssf.or.ke
Congratulations
We congratulate
The Board of Trustees, Management and
members of The National Social Security Fund
(NSSF) on their 50th Anniversary and on
attaining ISO 9001:2015 certification
We are committed to supporting the
development of social security in Kenya and
the region.
OUR PROMISE TO CUSTOMERS: The NSSF Public Relations and Communication Manager, Christopher Khisa
taking the Principal Secretar for Livestock and Fisheries, Dr Richard Lesiampe, through the NSSF Customer
Service Charter at the NSSF stand during the 2016 Eldoret National ASK Show.
)))!%((#!&'!$"
NSSF Ag. General Manager for Social Securit Pius Metto presents a troph to a winner at the 2015
Sportsman of the Year Award (SOYA). NSSF was one of the event sponsors.
B MILLICENT MWOLOLO
[email protected]
Advertising Feature | IX
X | Advertising Feature
www.nssf.or.ke
custodians.
The Fund has also contracted the services of
a professional Investment Consultant whose
mandate is to provide advice and oer an
independent opinion on investments.
Our investments are carried out with
prudence, taking into account the need to
generate the best returns to our members,
sas Mr Cheseto.
The eect has been enhanced governance,
professional management b eperts
in the eld, hence better returns on
members funds, minimised risk of loss of
funds (safe keeping b custodians) and
better investment planning and overall
management of investments of the Fund.
Going forward, NSSF is in the process of
reviewing the propert strateg that will
focus on redening investments in the
asset class, enhance governance to mitigate
losses arising thereof, and maimise returns.
The Fund will also be looking at emerging
opportunities in the National and Count
governments as well as impact positivel to
the general public.
We are looking at investments that will
touch the lives of our members and still
bring good returns, Mr Cheseto epounds.
Members will thus be able to feel the
presence of the NSSF more.
The Fund is also eploring new asset
classes such as Private Equit and Venture
Capital for purposes of investment and
contributing positivel towards Vision 2030
and enhancing members returns.
Value Zone
Limited
Congratulates
on their
50th Anniversary
and for being the
1st Organization
to be
ISO 9001: 2015
certied in East &
Central Africa
Kileleshwa
Kileleshwa/Westlands
Karen- Dagoretti Road
Kitengela-Yukos
Kiambu Kiu Kenda
O Namanga Road
Behind KAG University
PROPERTIES TO LET
4 bedroomed all ensuite Town House with a Family Room, SQ and a car port, swimming
pool and a back up generator. Kshs.325,000/= p.m. inclusive Tel: 0720 873 697
4 bedroomed all ensuite Town House with sta quarters
Kshs.200,000/= p.m. o.n.o Tel: 0721 872 912
Spacious 4 bedroomed house, master ensuite with DSQ for 2 and a garage- Kshs. 160,000/=
p.m. Tel: 0720 873 697
Spacious 3 bedroomed master ensuite maisonette with an SQ,
Kshs.110,000/= p.m. o.n.o inclusive Tel: 0720 873 697,0722777804
OFFICE SPACE TO LET
Executive Oce Space 7,000 sq ft from 5th Floor. Ample parking, CCTV cameras, bre
optic cables available Tel: 0728460549 / 0733561361
Oce Space on 2nd Floor (5715 sq ft)
Rent: On enquiry Tel: 0722 777 804
Oce Space 9,000 sq ft on Ground oor, ample parking
Kshs. 85/= per sq ft inclusive Tel: 0733 561 361
PROPERTIES FOR SALE
0.45 acre plot with a 4 bedroomed bungalow- ideal for Apartments - Kshs.140 million
Tel: 0720 873 697, 0721 872 912
4 bedroomed master ensuite Town House, Family Room and SQ
Kshs.40 million ono Tel: 0720 873 697, 0733561361
PLOTS FOR SALE
0.5 4.5 acre residential red soil plots from Kshs.32 millionTel: 0733561361,
Tel: 0720 873 697
0.5 acres plot Kshs.6.8 million o.n.o Tel;0733561361,0720873697
A prime 0.9 Residential plot in an upcoming exclusive Residential area in Kiambu - Asking
Kshs.16.5 million Tel; 0722 770 399
50- 100 acre parcels next to proposed bypass
Kshs.2.2 million per acre Tel: 0733561361, Tel: 0720 873 697
On their
50th Anniversary
And the launch of ISO 9001
Appointments | XI
Telephone:
5.
Collecting and analyzing geographical data for preparation of Physical Development Plans;
Converting analogue data to digital format using Geographic Information Systems (GIS) and other
technology;
Roads and Allied Infrastructure Department and Transport and Mechanical Department
6.
Converting analogue data to digital format using Geographic Information Systems (GIS) and other
technology;
Compile geographic data from a variety of sources including eld observation, satellite imagery,
aerial photographs, and existing maps;
Analyzing spatial data for geographic statistics to incorporate into documents and reports; and
Designing and formulating policies and plans for infrastructure development for the County;
Setting targets, standards and measurement instruments for infrastructure development plans in
the County;
Undertaking the day to day co-ordination and implementation of the agreed and set plans in the
County; and
Any other related duties that may be assigned from time to time.
Carrying out National and International boundary and hydro graphic surveys;
Carrying out quality control of cadastral, adjudication and general boundary surveys;
Preparing and monitoring the implementation of County and local Physical Development Plans;
Preparation of Action plans for specic projects such as residential housing schemes, shopping
centres, industrial estates and recreational facilities;
Preparation of annual state of physical planning reports on county and physical development plans;
and
GEOGRAPHIC INFORMATION SYSTEM (GIS) ASSISTANTS JOB GROUP J FOUR (4) POSTS
Public Works
i.
Must be a Kenyan Citizen;
ii.
Bachelors Degree in Architecture or Quantity Surveying or Construction Project Management;
iii.
Have relevant knowledge, experience and a distinguished career of not less than seven (7) years;
iv.
Membership with relevant professional body;
v.
Masters Degree in a related technical profession or Construction Project Management will be an
added advantage.
3.
Coordination of technical and administration issues relating to Land Management in Kitui County;
Administration and interpretation of provisions of Land Laws that aect the county;
Development, implementation and realization of research and advocacy strategic plans in the
county; and
Perform other relevant duties that may be assigned from time to time.
2.
control,
Carrying out large area cadastral, geodetic and mapping control surveys;
Supervising small, medium and large area cadastral, adjudication, small, medium and high density
topographical, sub-divisional schemes, photo control, site and general engineering surveys;
Carrying out quality control of cadastral, adjudication and general boundary surveys;
9.
XII | Appointments
15.
Carrying out large area cadastral, geodetic and mapping control surveys;
Supervising small and medium area cadastral, adjudication, small, medium and high density
topographical, sub-divisional schemes, photo control, site and general engineering surveys;
Carrying out preliminary quality control of cadastral, adjudication and general boundary surveys; and
Preparations of structural surveys and civil works drawing including detailing of steel and concrete
structures, layout and details of drainage schemes ,roads and paved areas;
17.
Eective management of real estate assets in the specic region for value maximization;
Oversee the collection of rent, preparation of tenancy agreements, compliance with lease terms and
all required property notices;
Monitoring leasing of properties to ensure that they are being leased in accordance with best
practices and annual budget;
Perform regular inspections of property, and direct alterations, maintenance and reconditioning of
property as necessary;
Coordinating housing programmes including slum upgrading projects and informal settlements;
Carrying out all the valuation assignment for various purposes required by the County Government
for land, buildings, plant and machinery;
Carrying out market survey to establish the current rates for land and buildings; and
13.
Carrying out angular and distance measurements and computation for small and medium density
topographical, general engineering, sub-divisional schemes, small area cadastral and photo control
surveys; and
12.
11.
and
Any other duty as may be assigned from time to time.
21.
Designing, Preparation of drawings and supervision of construction of civil and Structural works;
2
Appointments | XIII
Directing and supervising the inspection of statuary examinations of workshop equipment and
ensuring that all requirements of Factories Act are complied with in all workshop premises;
Supervising annual surveys of County Government vehicles, plant and equipment; and
Any other duty as may be assigned from time to time.
22.
28.
Designing new buildings, extensions or alterations to existing buildings, or advising on the restoration
and conservation of old properties;
Preparation of technical specication and evaluation of Tenders for vehicles, plant and Equipment;
Maintaining records and preparing report on testing programme for vehicles and plants; and
29.
Designing new buildings, extensions or alterations to existing buildings, or advising on the restoration
and conservation of old properties.
Preparing and presenting feasibility reports and design proposals to the County Government;
Using IT in design and project management, specically using computer-aided design software;
Regular site visits to check on progress, ensuring that the project is running on time and to budget;
Preparation of drawing and designs for the manufacture and fabrication of tools, equipment and
Machine/plant/vehicle components;
Repair and preparation of maintenance schedules for vehicles and plant machinery; and
30.
Planning, designing and managing open spaces including both natural and built environments;
Providing innovative and aesthetically pleasing environments for people to enjoy, while ensuring
that changes to the natural environment are appropriate, sensitive and sustainable;
Designing the layout of parks, gardens and housing estates to city-centre design, sporting sites and
improving land aected by mining or motorway construction;
Collaborating closely with contractors, as well as other professionals, especially architects, town
planners, environmentalists and people working in surveying and engineering functions; and
Diploma in Motor Vehicle Engineering (Plant option) or from an institution recognized in Kenya;
31.
32.
Provide necessary tests, services and repairs of vehicles and related equipment;
Purchase of parts and supplies used for plant for plant maintenance and immediate use; and
Providing necessary tests, services and repairs of vehicles and related equipment;
Carrying out preventive maintenance for all vehicles and mechanical equipment;
Purchase of parts and supplies used for vehicle maintenance and immediate use; and
24.
23.
The ocer may be attached to a simple construction site as an electrical supervisor; and
33.
Designing new buildings, extensions or alterations to existing buildings, or advising on the restoration
and conservation of old properties;
XIV | Appointments
34.
ii.
iii.
iv.
SENIOR MECHANICAL ENGINEER (BUILDING SERVICES) JOB GROUP M ONE (1) POST
Create drawings and models from written and verbal specications obtained from Project Engineer;
Examine and check engineering drawings for compliance with cited specications;
41.
Be a Kenyan Citizen;
Have a Bachelors Degree in Building Economics / Quantity Surveying or its equivalent from a University
recognized in Kenya;
Be registered as a Graduate member of either the Architectural Association of Kenya or the Institute of
Quantity Surveyors of Kenya; and
43.
Preparation of cost estimates, bills of quantities, monthly valuations on site, site re-measurements,
and preparation of variation orders under guidance by a senior ocer; and
45.
Assist Quantity Surveyors in preparation of cost estimates, bills of quantities, monthly valuations
on site, site re-measurements, and preparation of variation orders under the guidance of Quantity
Surveyor; and
Preparation of cost estimates, bills of quantities, monthly valuations on site, site re-measurements,
variation orders and nal accounts; and
38.
The ocer may be attached to a simple construction site as mechanical services supervisor;and
37.
36.
An ocer at this level will be deployed as the Clerk Of Works for buildings under construction or as
a supervisor of maintenance works;
Ensuring that construction work in progress is in accordance with specications and taking details of
provisional items;
Supervising Artisans carrying out repairs and alterations of existing buildings; and
Ensure strict compliance with all nancial budgetary and procurement procedures;
Appointments | XV
2.
In liaison with sub-county Agriculture and livestock ocers, compile technical project reports;
Advise the directorate on project technical details; and
Perform other relevant duties that may be assigned from time to time.
ii.
iii.
iv.
PLANT OPERATORS/ FARM TRACTOR DRIVERS - JOB GROUP H ELEVEN (11) POSTS
v.
Assisting in maintenance of a strong control environment and support initiatives that improve
performance;
Collaborating with the immediate supervisor in the establishment of risk based audit plans
consistent with the County objectives;
Preparing and reporting plans of engagements and resource requirement for internal audit
function; and
Routine machinery and equipment maintenance i.e. cleaning, greasing and ensures machinery is in
good working condition;
Perform other relevant duties that may be assigned from time to time.
3.
4.
Identifying, preparing and evaluating development projects and programmes as well as monitoring
their implementation;
Conducting feasibility studies; determining project viability and setting project priorities;
Drawing up survey questionnaires and setting up control procedures for receiving returns and
taking the necessary action;
Collecting, collating, computerization and analyzing data relating to production and marketing of
agricultural/industrial products; and
An ocer of this level will be deployed in the ward level to carry out animal disease control and
prevention including animal vaccination and disease surveillance;
Upon further training they shall also carry out meat inspection at the local slaughter houses; and
5.
Conducting feasibility studies; determining project viability and setting project priorities;
Drawing up survey questionnaires and setting up control procedures for receiving returns and
taking the necessary action;
Maintaining a strong control environment and supporting initiatives that improve performance;
Establishing risk based audit plans consistent with the County objectives;
Communicating plans of engagements and resource requirement for internal audit function;
and
Preparing schemes of work, course materials, teaching aids, lesson plans and lesson notes;
Ensuring proper care and maintenance of learning tools and equipment in youth polytechnics; and
Important Information
The salary and allowances for all the positions are as determined and advised by the Salaries and Remuneration
Commission.
Preparing quarterly expenditure forecast as a basis for discussions with the Treasury for release
of fund;
Initiating proposals seeking funds for additional expenditures and reallocation of voted funds
during the year;
Coordinating the design and nancial aspects for all donor projects and agreements with donor
agencies; and
2.
1.
How to apply:
Applications should be submitted in a sealed envelope with the position applied for clearly marked on the top
left side and addressed to:
The Board Secretary,
Kitui County Public Service Board,
P.O. Box 33-90200, Kitui.
CLOSING DATE IS 13TH APRIL, 2016
The Government of Kitui County does not charge fees nor use agents for its recruitment services. Canvassing in
any form will lead to automatic disqualication.
CHAIRPERSON
KITUI COUNTY PUBLIC SERVICE BOARD
5
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