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Boost to SMEs as Faulu Bank opens new Branch in Nakuru

The Bank will offer customers a full array of financial services that include Banking, Investment, Savings and Insurance with special reference to Community, Retail, MSME, Institutional Banking segments

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The main entrance to the new Faulu Bank Branch in Nakuru.PHOTO/Pristone Mambili.

Faulu Microfinance Bank, a subsidiary of The UAP Old Mutual Group in East Africa has opened a new Branch in Nakuru’s CBD.

The opening of the new branch in Nakuru’s CBD at CK Patel Building is a major boost to Small and Medium Enterprises (SMEs) in the county.

Nakuru Governor Lee Kinyanjui and officials from Faulu Bank during the opening of the Nakuru Branch.PHOTO/Pristone Mambili.

The Bank prides in enabling Kenyans realize their dreams, by listening and empowering the community with relevant products and services.

Speaking on Friday during the official opening of the new Nakuru Branch, Managing Director Apollo Njoroge stated the move was prompted by the fact that Nakuru is growing into a business zone.

The Bank will offer customers a full array of financial services that include Banking, Investment, Savings and Insurance with special reference to Community, Retail, MSME, Institutional Banking segments

Faulu opened it’s doors in 2002 and is spread across the country with 56 branches currently.

“The location in Nakuru CBD is key. We believe this will be the top three branches in the country. This is a place for us to be.In 2019,we commenced expansion with new branches and Nakuru City creates an environment for people to do businesses.

Njoroge added that the coming of the new Branch in Nakuru is key as it will offer job opportunities for the people in Nakuru.

Whikle noting that plans are on to ensure Faulu grows as a strong traders and SMEs’ Bank and develop a saving culture, the MD pointed out the importance of the Insurance component.

“Insurance component is key in achieving success and as a Bank we are taking that serious” he said.

Board Chairman George Maina on his part revealed that the Bank has been able to support over 2.5 million clients in communities.

He called for a need for continued partnership with the county government of Nakuru so that many people can be reached and supported to grow financially.

Nakuru Governor Lee Kinyanjui who graced the event reiterated the importance of SMEs in the growth of economy.

Kinyanjui was categorical that Nakuru County has continued to recognize the role played by the same and Nakuru being a financial hub for even neighbouring counties.

The county boss challenged the banking sector to also come up with programs that will help businesses that might have collapsed due to the harsh economic times occasioned by COVID-19.

“We have a very good vibrant SME support system in Nakuru. As Faulu comes in, it is a boost.Nakuru us a financial hub for the region beyond Nakuru itself since we have Baringo, Nyandarua,Narok, Laikipia etcI challenge the larger Banking sector to come in and support our businesses that have faced harsh times during COVID-19 pandemic”  said Kinyanjui.

 

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A Nakuru-based freelance Journalist with a wealth of experience in Radio and Online Journalism.

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Nakuru

Governor Kihika mourns Lawyer Kiplenge

Governor Kihika said Kiplenge will be remembered as a soft-spoken but sharp lawyer who diligently undertook his assignments.

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Juma Kiplenge

Nakuru Governor Susan Kihika has sent a message of condolence to the family, friends and relatives of advocate, Juma Kiplenge.

In her message, Governor Kihika said Kiplenge will be remembered as a soft-spoken but sharp lawyer who diligently undertook his assignments.

“His passing on has robbed Nakuru of a son who purposed to right wrongs and conscientiously represented his clients,” she stated in her message.

She added that the firebrand lawyer will especially be remembered for his role in advocating for the rights of the marginalized Ogiek community.

Juma passed away on Friday, October 7, 2022, while undergoing treatment at a hospital in Nairobi following a short illness.

The body has since been transferred to Umash Funeral Home in Nakuru awaiting burial on Friday, October 14.

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Nakuru

List of newly elected MCAs in Nakuru County

The following are the Nakuru County elected MCAs following the 9th August General elections. The United Democratic Alliance party (UDA) got the most number of seats at 39

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The new County Asssembly of Nakuru chambers

The following are the Nakuru County elected MCAs following the 9th August General elections. The United Democratic Alliance party (UDA) got the most number of seats at 39. The Jubilee party managed 6 seats, while the Safina party won 1 seat. Seven of the MCAs were elected as independent candidates. Out of the 55 elected MCAs, 8 are women.

Naivasha Constituency MCAs 2022

  1. Maiella – Gituku Jane Wanjiru (UDA)
  2. 2. Naivasha East – Stanley Karanja (UDA)
  3. 3. Maai Mahiu – Eliud Kamau Chege (UDA)
  4. 4. Biashara – Elijah Mwaura (UDA)
  5. 5. Viwandani – Mwangi Muraya (UDA)
  6. 6. Lakeview – Alex Mbugua (UDA)
  7. 7. Hellsgate – Virginia Gichanga (Jubilee)
  8. 8. Ol’Karia – Peter Wanjala Palang’a (ODM)

Gilgil Constituency MCAs 2022

  1. 9. Gilgil – Rose Njoroge (UDA)
  2. 10. Malewa – Francis Mungai Kuria (UDA)
  3. 11. Eburru Baruk – Michael Gathanwa (UDA)
  4. 12. Elementaita – George Nene (Safina)
  5. 13. Morendat – Peter Njoroge (UDA)

Subukia Constituency MCAs 2022

  1. 14. Subukia – Isabella Makori (UDA)
  2. 15. Waseges – Elijah Murage (Independent)
  3. 16. Kabazi – George Talam (UDA)

Bahati Constituency MCAs 2022

  1. 17. Bahati – Grace Mwathi (UDA)
  2. 18. Kabatini – Leah Ng’ang’a (Independent)
  3. 19. Kiamaina – Paul Waweru Warege (Ka Wambui) (UDA)
  4. 20. Dundori – James Gathuita Mwangi (UDA)
  5. 21. Lanet Umoja -Mwangi Ngarama (UDA)

Nakuru Town East Constituency MCAs 2022

  1. 22. Nakuru East – Anthony Kamau (UDA)
  2. 23. Menengai – Wilson Mwangi (Jubilee)
  3. 24. Flamingo – David Kihumba Muraya (Independent)
  4. 25. Biashara – Fadhili Msuri (UDA)
  5. 26. Kivumbini – Neto Sakwa Alukutsa (Independent)

Nakuru Town West Constituency MCAs 2022

  1. 27. Rhoda – John Macharia (UDA)
  2. 28. London – Benard Gattuso (Jubilee)
  3. 29. Barut – Ben Kirui (UDA)
  4. 30. Kapkures – Robert Ruto (UDA)
  5. 31. Kaptembwa – Peter Kanjwang’ (ODM)
  6. 32. Shabaab – Macharia Wathiai (UDA)

Rongai Constituency MCAs 2022

  1. 33.Solai – Nixon Morogo (Independent)
  2. 34. Soin – Ellibas Naburuki (Degualle) (UDA)
  3. 35. Mosop – Dr. Alex Lang’at (UDA)
  4. 36. Menengai West – Isaac Kiptisya Rottok (UDA)
  5. 37. Visoi – Hellen Chemutai (UDA)

Njoro Constituency MCAs 2022

  1. 38. Njoro – Hezy Ndung’u (Independent)
  2. 39. Nessuit – Samuel Tonui (UDA)
  3. 40. Mauche – Moses Koros (UDA)
  4. 41. Mau Narok – Cyrus Dida (UDA)
  5. 42. Kihingo – Simon Kamau Karanja (Jubilee)
  6. 43. Lare – Phillip Wanjohi (Jubilee)

Molo Constituency MCAs 2022

  1. 44. Molo – Joseph Ngware (UDA)
  2. 45. Marioshoni – Ben Lang’at (UDA)
  3. 46. Elburgon – David Njuguna (Independent)
  4. 47. Turi – John Mwangi Macharia (Jubilee)

Kuresoi South Constituency MCAs 2022

  1. 48. Keringet – William Mutai (UDA)
  2. 49. Tinet – Paul Lang’at Alvin (Drilit) (UDA)
  3. 51. Kiptangich – Rose Mutai (UDA)
  4. 52. Amalo – Robert Lang’at (UDA)

Kuresoi North Constituency UDA MCA nominees

  1. 53. Sirikwa – Emmanuel Lang’at (UDA)
  2. 54. Kamara – Joseph Kipng’etich (Chemutwet) (UDA)
  3. 55. Kiptororo – Alex Bor (Kipyek) (UDA)

 

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Nakuru

Nakuru to host World Bee Day celebrations

The Apimondia Regional Commission (ARC) President, Mr David Mukomana, in a statement, said the three-day program will include technical tours to see beekeeping within Nakuru County and any other areas, exhibitions, seminars and the actual celebrations.

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Bees on a honey comb

Nakuru City will this year host the Regional World Bee Day (WBD) celebrations from the 18th – to the 20th of May 2022.

The yearly event is commemorated to raise awareness about the importance of bees and other pollinators for humanity in food security, global hunger eradication, and environmental and biodiversity conservation.

Under the theme; “Bee engaged: Celebrating the contribution of bees to the environment, food security and income generation to mankind.”

The forum will share knowledge from across the world, and draw the attention of the public and decision-makers to the importance of protecting bees as well as halting the further loss of biodiversity and degradation of ecosystems following the Paris Agreement.

FAO estimates that bees contribute to the pollination of food worth between $ 235 and $ 580 billion every year and that their decline continues to strain food systems.

Intensive farming practices, excessive use of agrochemicals, habitat loss, and adverse effects of climate among other issues have been identified as key hindrances causing the depopulation of bees and loss of colonies.

With such challenges, there is a need to come up with solutions that are resistive to the increasing bee population globally.

According to FAO, Kenya ranks third in Africa after Tanzania which is the largest producer of honey and produces approximately 31,405 tonnes annually while Angola ranks second producing about 23,500 tonnes annually.

As of 2020, Kenya’s production of honey was at 17,801 tonnes, up from 13,877 tonnes the previous year, this is a change of 28.28%.

Speaking during a past apiculture stakeholders’ workshop, State Department for Livestock Production Principal Secretary, Mr Harry Kimtai, expressed concern that new pests and farm pesticides have hit colonies hard.

“We’re collaborating with devolved units to halt the alarming depletion of bee colonies. Bee colony multiplication initiatives include capacity building, beekeeping equipment distribution, and bee bulking,” revealed PS Kimtai.

Despite the potential of honey production and the benefits of apicultural activity, very little income accrues from the activity.

The government in its progress, in the Big Four Agenda on 100% food and nutrition security, is committed to enhancing honey production from 25,000 tonnes to 38,000 tonnes by the year 2022.

Beekeeping offers an alternative source of livelihood and protects biodiversity and should ideally be established away from human interaction with enough bee forage and all-year-round availability of water to provide favourable conditions for beekeeping.

Nakuru County Executive Committee Member for Agriculture, Livestock and Fisheries, Dr Immaculate Maina, says that, ‘’bees have become increasingly endangered with one million species facing extinction. Thus, beekeeping should be embraced as an alternative environmentally friendly income-earning enterprise.”

‘’We hope that by hosting this event, we will be able to proactively assist in the opening up of our county by giving marketing opportunities and investment prospects in the apiculture industry,” Dr Maina noted.

“We also anticipate important topics discussed during the three-day forum, such as the role of women in the sector as those most affected by climate change, solutions to save our bee species from extinction, and how we can continue to rely on pollinators to save us from the current climate crisis,” she concluded.

Acting CEO of the Apiculture Platform of Kenya (APK), Mr Frederick Otieno Odera, says that beekeeping has significant potential in Africa to improve rural incomes and diversify livelihoods.

“We hope the commemoration of the National World Bee Day will showcase new technologies and sustainable measures from across the world in the apiculture industry and provide sustainable solutions to save our bees in the current climate crisis,” said Otieno.

The Apimondia Regional Commission (ARC) President, Mr David Mukomana, in a statement, said the three-day program will include technical tours to see beekeeping within Nakuru County and any other areas, exhibitions, seminars and the actual celebrations.

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