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mmnjug™ Profile picture
@mmnjug
Aug 6, 2021 • 9 tweets • 5 min read • Read on X
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.@InfoKfcb has appointed Christopher Wambua as its acting chief executive officer effective August 6. - @NationAfrica
Paskal Opiyo, the acting chief manager of corporate services, informed staff of the appointment in an internal memo on Friday. Image
The appointment follows an investigation into CEO Ezekiel Mutua, over alleged payment of irregular salaries and allowances. @EACCKenya has been investigating Mutua since May 6.
On Thursday evening, Makueni Senator @SenMutula sparked speculation when he wrote on Twitter that Dr Mutua had been fired unlawfully by @MoICTKenya Cabinet Secretary @mucheru. Image
Dr Mutua denied the claims of his sacking dismissing the reports as “malicious rumours”. 😂😂😂😂 Image
Last month, Dr Mutua was accused of planning to extend his term in office without following due process. bit.ly/3Aigyce Image
In a letter to CS Mucheru, the State Corporations Advisory Committee (SCAC) mentioned that Dr Mutua orchestrated a plan to extend his term in office before his current one had expired. His second term expires on October 25, 2021. Image
SCAC, whose mandate is to provide directions for effective governance and oversight of State corporations, urged the CS to crack the whip by kicking Dr Mutua out of office with immediate effect. bit.ly/3Aigyce
.@InfoKfcb has a new acting CEO as pseudo-moral cop and Deputy Jesus Ezekiel Mutua is sacked on the advice of State Corps Advisory Committee and faces investigations by @EACCKenya over embezzlement of funds. bit.ly/3xnNI8t

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More from @mmnjug

mmnjug™ Profile picture
Jul 29, 2023
The @KenyasOmbudsman has come to the defence of the Mukumu Girls cook who was sacked for informing the media of how students’ food was handled before a disease outbreak earlier this year. - @NationAfrica
After @NationAfrica reported on Tuesday that Douglas Muchela Isutsa had been given the marching orders alongside eight others, @KenyasOmbudsman (Commission on Administrative Justice) wrote to Mukumu principal, seeking an explanation within 7days on why Mr Muchela was sacked.
The letter—signed by Ms Lucy Ndung’u, the access to information commissioner—tells the principal that according to the Access to Information Act, no person should be penalised for making a disclosure in the public interest.
Read 6 tweets
mmnjug™ Profile picture
Mar 21, 2023
The budget allocation for the purchase of new cars for Kenya’s top three government offices has shot up eight times in the latest changes to the spending plan that also benefited retired President Kenyatta. - @BD_Africa
The offices of President Ruto, DP Gachagua, PCS Mudavadi have been allocated Sh802.2M to buy motor vehicles in the current FY, a significant increase from what had been allocated as Kenyans come to terms with a bloated government that's scuttled Kenya Kwanza’s austerity measures.
In the budget estimates for the Financial Year 2022/23, the three offices had been allocated Sh100.8M, though the office of the Prime Cabinet Secretary had not been catered for. However, the exclusion of the Prime CS only cuts the expenditure by 10%, or Sh80M
Read 12 tweets
mmnjug™ Profile picture
Mar 21, 2023
High Court judge Justice Abigail Mshila has ruled that financial lender cannot go for a loan guarantor after auctioning assets of the principal borrower and failling to recover the outstanding debt. - @nationafrica
Justice Abigail Mshila held that if the asset provided as collateral or security fails to fetch the amount enough to settle the debt, a lender is barred from going for the guarantors.
In a ruling that is likely to serve as a respite to many guarantors, the court further ruled that a lender is not entitled to any compensation if the asset held as security is auctioned and still the sums undue are not recovered.
Read 14 tweets
mmnjug™ Profile picture
Mar 20, 2023
Last week, @SafaricomPLC @Huawei announced a partnership to launch three 5G experiential centers in Nairobi. These centres are at Safaricom’s Village Market, The Hub, and Buruburu Shops. - @techweez

#Safaricom5G
#Experience5G
At the 5G experience centres, customers will experience virtual reality gaming zones, showcases of smart-capabilities for homes and enterprises, and speed-testing booths.
.@SafaricomPLC has installed more than 200 5G locations in 11 counties, including Nairobi, Mombasa, Kisumu, Kisii, Kakamega, Nakuru, Kiambu, Machakos, Kajiado, Vihiga, and Siaya.
Read 5 tweets
mmnjug™ Profile picture
Jan 25, 2023
A mid-week block purchase of @SafaricomPLC shares by an unknown local institutional investor has halted the slide in the telco’s shares that had hit a 69-month low, triggering bargain purchases. - @BD_Africa
.@NSE_PLC data show @SafaricomPLC traded volume jumped to 57.13M on January 18 from Tuesday’s 4.06M, a rare surge for a counter that had witnessed sub 10M trading for multiple days in recent weeks.
.@SafaricomPLC traded share volumes rose further to 107.51M as more local investors rushed to snap up the stock as market watchers believed the telco had hit its lowest level at the Nairobi bourse, triggering a price appreciation.
Read 4 tweets
mmnjug™ Profile picture
Jan 25, 2023
The devastating and sudden death of Prof George Magoha comes at a time when he had commissioned a book to document his achievements at the Education ministry, where he had served for three years. - @NationAfrica
It was as if he had a premonition that his time was nigh and that he needed to put down in writing his experiences and accomplishments in the education sector where he had made a splendid record.
Prof Magoha intimated that he did not want to exit the scene without documenting his experiences especially in managing the education sector under Covid and implementing the Competency-Based Curriculum (CBC), which became his pet subject.
Read 18 tweets

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