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MSEA-Equity partnership out to empower enterprises

This will see MSE Associations under MSEA benefit from financial empowerment, advisory services and capacity building.

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Micro and Small Enterprises Authority (MSEA) CEO, Henry Rithaa (left) and Equity Group Chief Commercial Officer Polycarp Igathe (right), sign the MoU declaration documents at the MSEA Offices in Utalii.PHOTO/Courtesy.

Micro and Small Enterprises Authority (MSEA) and Equity have signed a Memorandum of Understanding (MOU).

This will see MSE associations under MSEA benefit from financial empowerment, advisory services and capacity building.

Equity, through its banking arm, will offer credit facilities to qualifying members at attractive rates and terms.

While its social impact arm, Equity Group Foundation, will offer financial literacy training and capacity building for the MSEs.

MSE Associations who bank with Equity will be trained in a comprehensive curriculum that is tailor-made to equip them with skills in entrepreneurship, financial literacy and digital literacy.

The training will also be enhanced through business mentorship, coaching and demand-driven business development services for the larger enterprises.

Additionally, the MSEs shall access both short and long term credit facilities in form of working capital loans, trade finance solutions such as LPO financing and Letters of Credit, asset finance and mortgage facilities as well as various business loans for stock purchase, business expansion or capital injection.

MSEA CEO, Henry Rithaa has lauded the move.
“By collaborating with Equity Bank, we are enlarging the pool of affordable credit facilities available for MSEs in Kenya that are looking for affordable solutions to revive and sustain their enterprises especially during this pandemic,” he said.

Equity Group, Chief Commercial Officer, Polycarp Igathe on his part stating that the partnership will go long way in boosting micro, and small enterprises.

“As Equity, we are excited about this partnership as it is aimed at empowering micro, and small enterprises to make prudent and informed financial decisions,” he said.

Further commenting on the partnership, Polycarp noted that Equity remains committed to investing in MSEs in Kenya to assist them to start up, recover and thrive despite the prevailing economic conditions.

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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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