Friday, May 8

Welcome to Kiharu Constituency where Public Primary and Day Schools are attractive than Private Schools

By Simon Kahara




The newly constructed Chief's office under the patronage of Kiharu MP Ndindi Nyoro. 51 projects ongoing with the MP maintaining that all will be through before the schools reopen.

When Kiharu MP Ndindi Nyoro was seeking an elective position in his entry into the world of murky politics, he promised his electorates that he would ensure that he tiles public Primary and Day Schools, many thought it was just a political rhetoric like any other given to electorates during the campaign period.
However, immediately getting into office, the MP got down to work and the renovation of schools started, as we pen down this story, 51 projects are underway, while 8 administration offices being done, a new Administration Police line being constructed from scratch while many others are being renovated.
Other than the schools, chief’s camps halls and laboratories have not been left out, here are some of the projects:
Gaitega Chief's Office, Matharite Chief's Office, Theri Chief's Office, Gikindu ACC Office at Kambirwa, Kahatia Chief's Office, Gikandu Chief's office at Kiawambeu, Njoguini Chief's Office  - Almost starting, Mugeka AP line, Kiria Chief's Office which is complete.



The newly constructed office under Kiharu MP Ndindi Nyoro



The MP says some schools like Mirichu Primary schools were in a worse state as they had no doors and windows but he is determined to have them tiled and upgrade.
“This is a promise I made to my people and I want to assure them that we shall have finished doing the projects by 2022,” the MP told KK online News.
Most of the schools in his Constituency have electricity and this has motivated pupils from poor backgrounds to feel equal with those in private schools.
The move has played well into the physiology of pupils and this has greatly improved their performance.



MP Ndindi Nyoro inspects the tiling of a classroom


“I had the idea of bridging the gap between the children from the able backgrounds and those from poor backgrounds, they now go the schools in the same standards or even better than those in private, neat tiled and renovated and this has contributed to good performance,” he says.

KENYA’S BORROWING APPETITE WILL LEAD TO COUNTRY BEING RESTRICTED IN INTERNATIONAL MARKETS- FINANCIAL EXPERT


By Simon Kahara




Finance expert and the chairperson at Political Parties Liaison Committee Irungu Nyakera at a past function. He has warned that the country's huge debts will son land the country into restriction in international markets.

Kenya’s Financial expert Irungu Nyakera has warned that Kenya’s ballooning debt risks the country for being restricted in international markets a move that will lead to an economic crisis.
Mr Nyakera, a banker who have worked as the Managing Director of Equity Bank’s Investments wing and a man with vast experience on economy and banking sector raised concerns after the global rating firm Moody’s downgraded Kenya’s sovereign credit outlook from B2 moderate to B2 negative.
In its periodic review the global rating firm raised concern over the country's very low fiscal strength, ballooning debt and runaway corruption due to weak rule of law.  
It added that the government's debt burden and poor revenue collection performance; and susceptibility to event risk predominantly stemming from government liquidity risk piles pressure on the country’s ratings.

Mr Nyakera while describing the news as the worst for the country’s economy, said the ratings by the firm was by far worse than Coronavirus.
In my opinion, the worst news for our economy right now is not even Coronavirus, it’s that yesterday Moody’s downgraded our sovereign credit rating outlook from B2 “moderate” to B2 “negative.
He says the main trigger behind the revision is the rising financing risks posed by Kenya's large gross borrowing requirements at a time when the fiscal outlook is taking a nosedive due to both lower tax collections and an unsustainable debt structure. 
This could mean a whole lot of negative eventualities for our economy including restriction to international markets for more debt that could easily and irreversibly expose Kenya's fiscal metrics to exchange rate and interest rate shocks.
Mr Nyakera further warns that even as the country keep escalating spending on non-essential infrastructure and government bureaucracies and failing to put breaks on our exaggerated borrowing, the country faces a default situation and then an economic crisis, prolonged economic slump which will then lead to a recession and then a depression. 
He wonders whether leaders and the Treasury are aware of the situation and wonders what they are doing about it.
Are our leaders and treasury pundits and mandarins reading these “all-too-obvious” signs,” Mr Nyakera says.