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Equity Signs MoU with the Kenya Private Schools Association as schools re-open

The partnership will see the lender provide financial solutions to all private schools under the KPSA umbrella in project financing, working capital financing and asset financing.

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Equity General Manager Asset Finance, Charles Nyoro and Kenya Private Schools Association (KPSA) National Chairman, Mutheu Kasanga, sign an MoU at CITAM Woodley, Nairobi.Looking on is Equity Westlands Branch Business Growth & Development Manager Charity Munyori (left), and KPSA Secretary Charles Ochome (right).PHOTO/Courtesy.

Equity has entered into a partnership with the Kenya Private Schools Association (KPSA) through the signing of a Memorandum of Understanding (MoU).

This will see the lender support and provide financial solutions to all private schools under the KPSA umbrella.

KPSA members will enjoy affordable financing for project development, working capital financing and for moveable asset financing cushioning them from the adverse economic effects of COVID-19.

Through this partnership, KPSA members will now access development and mortgage financing solutions of up to Ksh 200 million and unsecured facilities of up to Ksh 3 million.

KPSA Chairperson Mutheu Kasanga recognized the role played by Equity in supporting the development of the education sector.

“As KPSA, we have partnered with the Ministry of Education and other stakeholders to set up a framework that will enhance the quality of education for our children as well as address compliance issues. I wish to thank Equity for partnering with us especially during this period and for providing a variety of solutions that will meet the individual and corporate needs of our members.” she said.

Charles Nyoro, Equity’s General Manager, Asset Finance said that the partnership will see the lender strengthen its relationship with KPSA and deepen its support to the education sector.

“As schools re-open we are offering them integrated financial services that socially and economically empower our customers operating within the education sector enabling schools to recover from the adverse economic effects of COVID-19” he said.

KPSA represents private schools across the country including; kindergartens, primary and secondary schools, and private teacher training colleges, which are duly registered by the Ministry of Education and offering a curriculum approved by the Government.

 

 

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Atheists fault petition seeking to deregister society

Atheists in Kenya have protested a petition that they say seeks to create a notion that Kenya is a nation by and for believers in God only.

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President of the Atheists in Kenya Society, Harrison Mumia

Atheists in Kenya have protested a petition that they say seeks to create a notion that Kenya is a nation by and for believers in God only.

Former Juja MP, Dr Stephen Ndichu has moved to court seeking to have the Atheists in Kenya Society suspended on grounds that its continued existence is unconstitutional.

In a statement, the society’s president, Harrison Mumia says the petition is an assault on religious freedom and an insult to the diversity of the Kenyan people.

“We find the petition repugnant to a good conscience,” he stated adding that Dr Ndichu is a Christian fundamentalist who seems to harbour paranoid fantasies about the dangers of atheists existing in Kenya.

He further accused Dr Ndichu of seeing enemies where there is none and that the society was surprised, but not shocked as religion has historically inhibited progress.

He vowed that the society would do everything within its power to defend its right to remain a registered society and urged Kenyans to support fighting the petition.

On Sunday, the society said it will be writing to President William Ruto seeking an invitation to State House, just like the evangelical denominations.

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Uhuru Gardens ready for Madaraka Day fete, says PS Kibicho

The principal secretary said they would be visiting the gardens every Thursday until June 1 to ensure all loose ends are tied up properly, promising that the celebrations will be very colourful.

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Madaraka Day

This year’s national Madaraka Day celebrations at Uhuru Gardens in Nairobi County will be open to 30,000 people, up from 10,000 in 2021.

Permanent Secretary in the State Department for Interior, Dr Karanja Kibicho, said this follows the relaxation of COVID-19 containment measures.

“Children will also be allowed in on the celebrations this year, and we expect county celebrations to happen too,” the PS said while on an inspection tour of the venue.

The PS said the government decided to move the celebrations from the County rotational back to Nairobi because it will be the last event for the current administration before it exits office.

“Because of the significance of this particular Madaraka day, being the last for this regime, we decided to celebrate it at Uhuru Gardens to break the tradition of celebrating it in counties,”

He revealed that preparations were currently at 90 percent complete and expressed confidence that all will be set for the event as the country marks 59 years of self rule.

The principal secretary said they would be visiting the gardens every Thursday until June 1 to ensure all loose ends are tied up properly, promising that the celebrations will be very colourful.

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Queen Elizabeth mourns Kibaki as a great Statesman with commendable legacy

Kibaki will be buried at his home in Othaya, Nyeri County on Saturday.

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Queen Elizabeth II has mourned former President the late Mwai Kibaki eulogizing him as “a great statesman”.

“I was sorry to receive the news of the death of Mwai Kibaki. He had a lifelong record of service to the Kenyan people. It will be of deep sadness to your country to have lost a great statesman, but Kenya can take pride in the legacy of his leadership. I send you and the people of Kenya my condolences at this loss,” the message read.

The British High Commission further affirmed its close ties to Kenya and renewed its assurances to the country’s Ministry of Foreign Affairs.

“The British High Commission avails itself of this opportunity to renew to the Ministry of Foreign Affairs of the Republic of Kenya the assurances of its highest consideration,” the High Commission said.

The late Kibaki passed away on 21 April 2022, aged 90.

President Uhuru, who issued a proclamation that he would be granted a state funeral with full civilian and military honours, announced his death.

Kibaki will be buried at his home in Othaya, Nyeri County on Saturday.

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