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Mar 20 • 4 tweets • 2 min read
Externally financed development projects come with many conditionalities, including a requirement for international competitive bidding. - Eng. Kung'u Ndung'u DG @KeNHAKenya in @NationAfrica
Therefore, it is foreseeable that contracts in this category will be won by foreign firms, particularly if local firms do not participate, or qualify at the procurement stage. - DG Kung'u
In serving our mandate, as an authority we endeavour to ensure that the taxpayer gets value for money for every contract we award. - DG Kung'u
.@KeNHAKenya DG Kung'u Ndung'u answers questions from @NationAfrica readers, among them why Chinese firms dominate road construction business in Kenya bit.ly/3CYjayl

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More from @mmnjug

mmnjug™ Profile picture
Mar 21
The @KilifiCountyKE Finance Bill 2022 that will deal with taxation, imposition of taxes and charges etc is now up for public participation this week across the sub-counties. ImageImageImageImage
Ala... @KilifiCountyKE has a hospitality facility in Mtwapa. Image
There are fee changes in the livestock sector. Kilifi County is a major livestock corridor feeding Mombasa from both Mariakani and Malindi ends. ImageImage
Read 13 tweets
mmnjug™ Profile picture
Mar 21
The first time Kimiti Wanjaria made headlines was in 2013 when Forbes ranked him among the Top 30 Under 30 entrepreneurs in Africa over a multimillion-shilling property investment in Kiambu that was being developed by a company in which he owned shares. - @NationAfrica Image
On Friday, Mr Wanjaria was buried after dying by suicide due to what his relatives said was frustrations and “hitting rock bottom”. His is a story of ambition and hard work that ended in tears.
To qualify to be named in the highly coveted Forbes annual list, applicants must demonstrate that they are game changers and the brightest achievers under the age of 30 in the fields of business, technology, sports, science or health.
Read 42 tweets
mmnjug™ Profile picture
Mar 21
FYI @CarrefourKe will only sell eggs produced under ‘humane’ conditions in a standards policy shift that will lock out supplies from thousands of poultry farmers in Kenya. - @NationAfrica @BD_Africa
.@CarrefourKe's parent firm, Dubai-based Majid Al Futtaim, says it will source cage-free eggs for its Carrefour supermarkets from suppliers who adhere to a new policy adopted by the global chain store to push for better animal welfare, drive healthy consumption for its customers.
Kevin Macharia, Majid Al Futtaim’s head of marketing and communications East Africa, said suppliers in the region will be made to meet the high standards set.
Read 11 tweets
mmnjug™ Profile picture
Mar 20
.@National_Bank has posted Kes1.1B in profit after tax for full year 2021 representing a whopping 431% increase from 2020, which was driven by increased income from loan interest and foreign exchange trading, coupled with lower loan loss provisions.
.@National_Bank Managing Director, Paul Russo attributed the strong financial results to the Bank’s deliberate focus on its strategic initiatives which are anchored on customer experience.
Our strong performance was also supported by improving macro-economic environment and improved quality of credit. We maintained a strong balance sheet growth as evidenced by increase in customer deposits and 21 per cent growth in customer loans and advances. - MD Paul Russo
Read 10 tweets
mmnjug™ Profile picture
Mar 20
No other Kenyan has ever made President Uhuru Kenyatta laugh so hard in public like little Denis Ngaruiya did in 2014. via @NationAfrica
It was during the Kenya Defence Forces (KDF) celebrations that Ngaruiya’s poem left the Head of State in stitches. And after the event, Mr Kenyatta invited the boy and his mother, Damaris Wambui, to State House.

Video bit.ly/36w4omu via @ntvkenya
The President then promised to change their lives by paying master Ngaruiya’s full school fees, building the family a home and finding his mother a decent job.
Read 33 tweets
mmnjug™ Profile picture
Mar 19
2,000 academically promising scholars from needy backgrounds will benefit from comprehensive secondary school scholarships in the 2022/2023 Form One selection cycles fully funded by @KeEquityBank. Image
.@KeEquityBank has contributed Kes2B to Equity Group Foundation (EGF), the social impact arm of the Group in support of the #WingstoFly program.
The #WingstoFly prog has successfully facilitated over 37,000 beneficiaries to access quality secondary school education in collaboration with other partners such as:

@MastercardFdn
@KfW_int
@USAIDKenya
@UKAidDirect @DFID_UK
@WorldBankKenya
Government of Kenya etc
Read 17 tweets

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