The Nairobi Expressway made a loss of Sh1.2 billion in the past financial year, underscoring the risk in Public Private Partnerships (PPPs) as an alternative to traditional financing models. Data from the Treasury shows that the expressway generated revenue worth Sh4.6 billion from July 1, 2023, to June 30, 2024, compared to the operational costs totalling Sh5.8 billion. The elevated road was expected to net a profit owing to the increase in charges at the beginning of 2024. This saw the fees increase from the previous range of Sh100 to Sh310 to the current range of Sh170 to Sh500 across…
Author: KahawaTungu Reporter
Both houses of Indian parliament were suspended temporarily on Thursday within minutes of opening as opposition lawmakers disrupted proceedings for the third day this week seeking a discussion on allegations against the Adani Group. U.S. authorities have accused Gautam Adani, his nephew Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay bribes of $265 million to secure Indian solar power supply contracts, and misleading U.S. investors during fund raises there. “We want a discussion on this in parliament. It is going to be the third day that we are demanding…
Former Deputy President Rigathi Gachagua was Thursday forced to flee after goons disrupted a burial service for the late Erastus Nduati in Limuru, Kiambu County. He was not injured but his cars were damaged. He had to be evacuated by his security and local ones. This marks another chaotic scene and what may be on the way in the politics of Mt Kenya. As a result of the chaos, several people sustained injuries and were rushed to hospital for treatment. The chaos ensued when former Limuru MP Peter Mwathi was addressing the mourners as he was accusing the State of…
The proprietor of Savannah Clinker company Benson Sande Ndeta was Thursday arrested ahead of arraignment over a Sh700 million fraud probe. His co accused Charles Hills Jr from the USA is wanted to face similar charges. Ndeta was arrested and grilled before being locked up in custody pending arraignment with among others forgery, Conspiracy to Commit a Felony, Conspiracy to Defraud, Making a Document without Authority, Obtaining Execution of a Security by False Pretences, Obtaining Registration by False Pretences, Obtaining Credit by False Pretences and Uttering False Documents. This is after the Office of the Public Prosecutions approved charges proposed…
The Communist Party Marxist (CPM) Kenya has announced the formation of the Politburo, following the successful meeting of the full Plenum of the 1st Central Organising Committee (COC) and the Central Youth Leadership of the 2nd National Congress. The historic gathering took place on 24th and 25th November 2024 at Taj Towers, Upper Hill, Nairobi. Under the chairmanship of Comrade Walter Nyaluogo, the Politburo represents the highest decision-making body of the CPM Kenya between Central Organizing Committee meetings. This vital organ, the party says, has been established to ensure that the Party remains firmly anchored in its revolutionary principles while…
The World Macadamia Organisation (WMO) confirmed ongoing plans to support the macadamia industry through growing demand for the superfood in the global market. Speaking at the start of a weeklong source market familiarisation visit to Kenya, WMO Chief Executive Officer Jillian Laing, while touring Kakuzi PLC Macadamia Orchards in Murang’a County, said the organisation is working hard to increase market demand and consumption in India, China and the United States among other key markets as the positive health attributes of macadamias continue to drive consumer demand. Laing said the organization is funded by processors in the major source markets around the…
Police are looking for a gang that broke into a supermarket in Kabiyet, Nandi County, and stole Sh800,000. The gang is also said to have escaped with assorted goods valued at about Sh500,000. Police said the owner of Uzuri Supermarket located in Kabiyet Township reported unknown people broke into the facility and stole the cash and valuables. It was established the said robbers gained entry by cutting the roof sheet. Police said no arrest had been made so far but they are looking for the suspects. In Nyamira Town, a woman was robbed of Sh100,000 in an attack behind the…
A female construction worker died after falling from the sixth floor of a house under construction in Nairobi’s Pangani area. Police said Jackline Auma, 35 was among almost a dozen workers at the site when the incident happened on November 26 evening. She was rushed to a hospital along Muratina Road where she succumbed to her injuries the following day. Officials at the facility said she had multiple injuries. She sustained spinal and head injuries in addition to a broken left leg. According to the co-workers who assisted her to the hospital, the incident occurred on November 26 evening but…
Arne Slot can now add banishing memories of some of the most painful episodes in Liverpool’s recent history to his list of achievements in the stunning start to his Anfield tenure. Real Madrid were predecessor Jurgen Klopp’s nemesis among his many successes, agonisingly losing Champions League finals to the Spanish giants in 2018 and 2022, as well as falling to them on two other occasions in the last seven seasons. Slot shifted the previously immovable Real Madrid object in superb fashion, ending a sequence of six losses and two draws against the 15-time winners in what was the biggest statement…
Ruud van Nistelrooy is set to be appointed as Leicester City’s new manager. The 48-year-old Dutchman would replace Steve Cooper, who was sacked after just 157 days in charge following Saturday’s 2-1 Premier League defeat by Chelsea. Van Nistelrooy’s appointment comes two weeks after he left his role as interim head coach at Manchester United, following Erik ten Hag’s dismissal. He oversaw three wins and one draw during his stint in charge at United, but departed after being told he would not be given a role in new manager Ruben Amorim’s backroom staff. Two of Van Nistelrooy’s victories were against…
Liverpool finally ended their Real Madrid curse as they maintained their flawless Champions League record with a fully deserved victory in a thrilling encounter at Anfield. They had failed to beat the holders in eight previous meetings in the tournament – including two Champions League finals – but there was no denying Liverpool as head coach Arne Slot’s remarkable start in succession to Jurgen Klopp continues. Liverpool dominated Carlo Ancelotti’s side, who have now lost three of their five games and must fight for a play-off place in the tournament’s new format. In a game where the two superstars, Liverpool’s…
Aston Villa were denied victory over Juventus in the Champions League as Morgan Rogers’ stoppage-time goal was ruled out. Rogers’ smart finish was disallowed when the video assistant referee deemed Diego Carlos to have fouled goalkeeper Michele di Gregorio in the air. The disappointment means Villa’s winless run has reached seven matches. Unai Emery’s side ended a four-game losing run with a draw against Crystal Palace in the Premier League on Saturday, but they have not tasted victory since a 2-0 win over Bologna five weeks ago. Villa enjoyed the better of the chances against Juventus but could not find…
Much of the eastern US could experience a wave of bad weather as travellers hit the roads and airports for the Thanksgiving holiday. The National Weather Service (NWS) has forecast “a significant arctic outbreak” in the northern Plains, during what have historically been the busiest travel days of the year in the US. Heavy snow and rain were forecast over the Colorado Rockies on Wednesday – part of a weather system that will intensify and move eastward later on Thanksgiving Day. More than 10in (25cm) of snow could fall in some areas. Temperatures are also expected to drop to bitter…
Sean “Diddy” Combs has been denied bail for the third time by a judge in New York City. Two judges previously denied Mr Combs’s release from custody, primarily due to concerns about potential witness tampering, deeming it a significant risk if he was freed before trial, which is scheduled for May 2025. Mr Combs is being held at the Metropolitan Detention Center in Brooklyn, New York, charged with racketeering conspiracy, sex trafficking, and transportation for prostitution. He has entered a plea of not guilty and has also denied more than two dozen sexual assault accusations lodged in a flurry of…
The sale of Royal Mail to Czech billionaire Daniel Kretinsky’s EP Group is close to being finalised and could be confirmed in the next two weeks, according to sources close to the deal. Kretinsky has agreed to make extra concessions in order to clinch the takeover, the BBC understands. Unions have been meeting with Kretinsky’s advisors this week, and while some sources say they remain “wary” of him, the Communication Workers Union (CWU) said meetings with the EP Group have been “constructive”. The deal will still have to be approved under the National Security and Insurance Act although officials stepped…
