Categories
Business

MEBK Opens New Branch In Eldoret To Provide Innovative Solutions For SMEsOmaheke wants improved rural electrification

The Middle East Bank Kenya (MEBK) unveiled a new branch in Eldoret to meet the ever-growing demand for innovative financial solutions for Small and Medium Enterprises (SMEs), access to credit for lower-income earners, and digital banking solutions in the region.

Since its Incorporation in 1980, as an established financial institution, with branches in Nairobi, Mombasa, and Eldoret, it has an asset base of Sh 12.96 billion as of December 31, 2022, which enables the Bank to leverage its expertise and resources to drive economic growth and prosperity in the country and beyond.

Speaking during the launch of the newest branch along Kenyatta Street, Eldoret town, Middle East Bank Kenya Limited (MEBK), Investment Secretary, Esther Koimett, said the event marks a significant milestone in the bank’s strategic expansion initiatives and commitment to serving the growing financial needs of communities across Kenya.

She noted that the institution embraces a customer-centric approach and commitment to delivering tailore
d financial solutions.

‘At Middle East Bank, we prioritize understanding and addressing the diverse needs of our customers,’ said Koimett during the launch occasion.

‘The launch of our Eldoret branch underscores our dedication to providing accessible, innovative banking products and services that empower individuals and businesses to achieve their financial goals,’ she added.

On his part, Uasin Gishu County Governor Dr. Jonathan Bii Chelilim expressed his enthusiasm for the launch, stating, ‘The opening of Middle East Bank’s Eldoret branch is a testament to the positive momentum in business activity within the county. We welcome this development as a sign of confidence in Eldoret’s potential as a thriving economic hub. I extend my gratitude to the Middle East Bank and encourage investors to explore the promising opportunities available in Uasin Gishu County.’

The ceremony featured a ribbon-cutting ceremony attended by the County Governor, Moiben MP Phylis Bartoo, and the bank’s leadership.

Attendees had
the opportunity to tour the facilities of the bank and interact with Middle East Bank’s management, who are poised to deliver innovative banking experiences to customers in Eldoret and surrounding areas.

Middle East Bank Kenya Limited remains committed to fostering financial inclusion, driving economic development, building strong partnerships with communities across Kenya, and fuelling MSME’s growth by recognising their pivotal role in economic development through digital innovation, inclusivity, environmental sustainability, and trade.

Source: Kenya News Agency

GOBABIS: Inhabitants of the Omaheke Region are advocating for the establishment of an electricity distribution body to, amongst others, enhance rural electrification in the region.

These recommendations emerged during consultations with the National Planning Commission, whose findings were shared on Monday in Gobabis.

The report from the consultations underscored the residents’ desire for improved rural electrification, noting that although the central government has made efforts in this regard, more needs to be done.

Additionally, while a significant portion of the population has access to clean drinking water and water for farming, there was a call for the maintenance and rehabilitation of old boreholes, alongside the adoption of cost-effective solar water systems.

‘There is a need to maintain and rehabilitate old boreholes that have existed for close to 35 years. It was also proposed that Government should supply water to virgin land to mitigate against drought in the region,’ read the report.

With re
gards to budget allocation, residents expressed dissatisfaction with limited resources and called for the fast-tracking of the enactment of the Constituency Development Fund Bill to empower local governments in planning and delivering services.

The report also highlighted shortages of fully equipped ambulances in the region, with many health facilities resorting to using bakkies for patient transportation.

Lineekela Mboti, the Chief Executive Officer of the African Peer Review Mechanism who spoke on behalf of National Planning Commission Director General Obeth Kandjoze, stressed the importance of citizen engagement in meetings of this nature.

‘Some are saying we are doing this because this is an election year, but development has nothing to do with politics, it is a process. Your input will help Central Government to bring solutions to different challenges faced by sectors in our region,’ he said.

Source: The Namibia Press Agency

Categories
Business

Development should be community-centred: Klazen


KEETMANSHOOP: Minister of Fisheries and Marine Resources, Derek Klazen has said Lderitz is destined to become a booming commercial centre and urged its residents to embrace the new realities that come with socio-economic opportunities.

Klazen, who was speaking at the 2024 Crayfish Festival gala dinner in Lderitz recently, said that strategic businesses or investors must consider the interest of the local community by providing high-quality amenities such as health services and education, amongst others, when deciding where to invest.

‘There are the oil and gas sectors as well as the envisaged green hydrogen project and logistics industry. When it comes to the development of our towns, I should point out that the people want their communities to be safe, friendly, healthy and prosperous,’ he said.

He added that the Ministry of Fisheries is pleased with the role it continues to play to keep Lderitz alive in terms of its economy while efforts are being made to diversify the local economy.

Klazen urged the Ld
eritz Town Council, all forward-looking institutions, and residents to make it their business to promote sustainable development and to push ahead with the development agenda.

‘It is important to stress that the meaningful development you desire should be driven locally and the central government is always at your disposal to assist in the effective realisation of the dreams of the citizens,’ he stressed.

About N.dollars 800 000 was pledged towards the 2024 Crayfish Festival, which is expected to take place from 29 April to 05 May 2024 under the theme ‘Riding the waves towards a sustainable future.’

Source: The Namibia Press Agency

Categories
Business

MEBK Opens New Branch In Eldoret To Provide Innovative Solutions For SMEs

The Middle East Bank Kenya (MEBK) unveiled a new branch in Eldoret to meet the ever-growing demand for innovative financial solutions for Small and Medium Enterprises (SMEs), access to credit for lower-income earners, and digital banking solutions in the region.

Since its Incorporation in 1980, as an established financial institution, with branches in Nairobi, Mombasa, and Eldoret, it has an asset base of Sh 12.96 billion as of December 31, 2022, which enables the Bank to leverage its expertise and resources to drive economic growth and prosperity in the country and beyond.

Speaking during the launch of the newest branch along Kenyatta Street, Eldoret town, Middle East Bank Kenya Limited (MEBK), Investment Secretary, Esther Koimett, said the event marks a significant milestone in the bank’s strategic expansion initiatives and commitment to serving the growing financial needs of communities across Kenya.

She noted that the institution embraces a customer-centric approach and commitment to delivering tailore
d financial solutions.

‘At Middle East Bank, we prioritize understanding and addressing the diverse needs of our customers,’ said Koimett during the launch occasion.

‘The launch of our Eldoret branch underscores our dedication to providing accessible, innovative banking products and services that empower individuals and businesses to achieve their financial goals,’ she added.

On his part, Uasin Gishu County Governor Dr. Jonathan Bii Chelilim expressed his enthusiasm for the launch, stating, ‘The opening of Middle East Bank’s Eldoret branch is a testament to the positive momentum in business activity within the county. We welcome this development as a sign of confidence in Eldoret’s potential as a thriving economic hub. I extend my gratitude to the Middle East Bank and encourage investors to explore the promising opportunities available in Uasin Gishu County.’

The ceremony featured a ribbon-cutting ceremony attended by the County Governor, Moiben MP Phylis Bartoo, and the bank’s leadership.

Attendees had
the opportunity to tour the facilities of the bank and interact with Middle East Bank’s management, who are poised to deliver innovative banking experiences to customers in Eldoret and surrounding areas.

Middle East Bank Kenya Limited remains committed to fostering financial inclusion, driving economic development, building strong partnerships with communities across Kenya, and fuelling MSME’s growth by recognising their pivotal role in economic development through digital innovation, inclusivity, environmental sustainability, and trade.

Source: Kenya News Agency

Categories
Education

County Commissioners To Be Chairpersons Of Education BoardsN.dollars 40 000 allocated per region for annual arts education implementation

The Ministry of Education has drafted the Basic Education Bill, 2024, for legislation that will make County Commissioners chairpersons of the County Education Boards (CEBs).

This will be a departure from the Basic Education Act, 2013, which is set to be repealed, that provides that the Cabinet Secretary appoints an educationist of at least five years standing, and based in the county.

In a press statement sent to newsrooms, the Cabinet Secretary for Education Ezekiel Machogu said the Bill would however, retain the County Director of Education or their representative as the Secretary to the County Education Board as in the current Basic Education Law.

The proposed changes were unveiled during the stakeholders’ forum on the Draft Sessional Paper and Bills to implement the recommendations of the Working Party at the Kenya Institute of Special Education.

Machogu who presided over the occasion said the changes followed recommendations by the Presidential Working Party on Education Reforms (PWPER), which was es
tablished to address the various challenges that had been observed across all levels of Kenya’s education system.

In attendance were the Principal Secretaries for the State Departments of Basic Education, Technical Vocational and Technical Training and University Education and Research Dr. Belio Kipsang, Dr. Esther Muoria and Dr. Beatrice Inyangala, respectively.

The CS assured the stakeholders that the government would restore the Sh22, 244 capitations for the Free Days Secondary Education programme.

‘The reduced capitation to Sh17,000 was due to the restrictive fiscal space. The restoration of the Sh22, 244 will help secondary schools to operate,’ he noted.

The changes in the Universities Bill, 2024 seek to bar Universities from offering diploma programmes.

Machogu said the Universities should restrict themselves to offering graduate and postgraduate programmes, and leave diploma and other certificate courses to middle-level colleges.

Among the public documents the Ministry of Education presented to s
takeholders for discussion and comments included The Sessional Paper on a Policy Framework for Education Reforms in Kenya, 2024.

‘The Sessional paper will anchor all the recommendations in the Report and provide the vehicle through which the Report will be presented to Parliament for adoption,’ said the CS.

The bills were The Technical and Vocational Education and Training Bill, 2024, The Kenya National Qualifications Framework (Amendment) Bill 2024, Tertiary Education Placement and Funding Bill, Kenya Literature Bureau (Amendment) Bill, 2024 and Kenya National Examinations Council (Amendment) Bill, 2024.

Others were the Kenya Institute of Curriculum Development (Amendment) Bill, 2024, the Basic Education Bill, 2024, the Education Appeals Tribunal Bill, 2024, the Basic Education Scholarships and Bursaries Bill, 2024, the Science Technology and Innovation (Amendment) Bill, 2024 and the Universities Bill, 2024.

The Stakeholders were drawn from teachers’ unions, faith-based organizations, Vice-Chancellors of
public universities, members of civil society, senior education officials and all the Semi-Autonomous organizations in the education sector.

Source: Kenya News Agency

WINDHOEK: The Ministry of Education, Arts, and Culture (MoEAC) has allocated N.dollars 40 000 per region towards the operations of the national arts directorate to implement programmes aimed at arts education under the 2023/24 financial year.

Responding to Nampa’s questions recently, the ministry’s Executive Director, Sanet Steenkamp, said a total of N.dollars 66.4 million (N.dollars 66 409 000) was budgeted for the national arts directorate, of which a combined N.dollars 570 000 was allocated for all regions to implement programmes for arts education.

‘Close to two thirds of the budget allocation to the directorate covers staff benefits and salaries, as well as other operational costs, leaving very little left to implement our programmes. The national arts budget represents about 0.00041 per cent of the ministerial budget,’ she said.

Steenkamp explained that salaries and benefits make up 59 per cent of the total budget standing at N.dollars 39 092 000, while subsidies to institutions total N.dollars 22 78
0 000 representing 34 per cent share of the budget, noting the head office including the College of the Arts (COTA) is allocated N.dollars 3 967 000, which includes costs of daily subsistence allowance, utilities, maintains and repairs.

She noted that the arts directorate faces great challenge of funding and as a result does not have enough human resources like necessary specialised experts and researchers, noting that currently the directorate is short-staffed with a total of 12 staff members at the head of office, while the majority (72 employees) are employed at COTA.

Steenkamp further noted that as per the annual plan of 2023/24, the directorate has prioritised reviewing existing legal frameworks including National Arts Fund Act No 1 of 2005, the National Art Gallery of Namibia Act No 14 of 2000, as well as the establishment of a legal framework for COTA.

‘We also plan to improve the operations and service delivery at COTA and carry out research on the cultural and creative sector, as well as formulate
a creative industries strategy,’ she added.

Steenkamp highlighted that subsidised institutions include National Arts Gallery of Namibia with N.dollars 8 348 000; National Arts Council of Namibia, which received N.dollars 5 500 000 and National Theatre of Namibia with N.dollars 8 100 000.

Source: The Namibia Press Agency

Categories
Education

County Commissioners To Be Chairpersons Of Education Boards

The Ministry of Education has drafted the Basic Education Bill, 2024, for legislation that will make County Commissioners chairpersons of the County Education Boards (CEBs).

This will be a departure from the Basic Education Act, 2013, which is set to be repealed, that provides that the Cabinet Secretary appoints an educationist of at least five years standing, and based in the county.

In a press statement sent to newsrooms, the Cabinet Secretary for Education Ezekiel Machogu said the Bill would however, retain the County Director of Education or their representative as the Secretary to the County Education Board as in the current Basic Education Law.

The proposed changes were unveiled during the stakeholders’ forum on the Draft Sessional Paper and Bills to implement the recommendations of the Working Party at the Kenya Institute of Special Education.

Machogu who presided over the occasion said the changes followed recommendations by the Presidential Working Party on Education Reforms (PWPER), which was es
tablished to address the various challenges that had been observed across all levels of Kenya’s education system.

In attendance were the Principal Secretaries for the State Departments of Basic Education, Technical Vocational and Technical Training and University Education and Research Dr. Belio Kipsang, Dr. Esther Muoria and Dr. Beatrice Inyangala, respectively.

The CS assured the stakeholders that the government would restore the Sh22, 244 capitations for the Free Days Secondary Education programme.

‘The reduced capitation to Sh17,000 was due to the restrictive fiscal space. The restoration of the Sh22, 244 will help secondary schools to operate,’ he noted.

The changes in the Universities Bill, 2024 seek to bar Universities from offering diploma programmes.

Machogu said the Universities should restrict themselves to offering graduate and postgraduate programmes, and leave diploma and other certificate courses to middle-level colleges.

Among the public documents the Ministry of Education presented to s
takeholders for discussion and comments included The Sessional Paper on a Policy Framework for Education Reforms in Kenya, 2024.

‘The Sessional paper will anchor all the recommendations in the Report and provide the vehicle through which the Report will be presented to Parliament for adoption,’ said the CS.

The bills were The Technical and Vocational Education and Training Bill, 2024, The Kenya National Qualifications Framework (Amendment) Bill 2024, Tertiary Education Placement and Funding Bill, Kenya Literature Bureau (Amendment) Bill, 2024 and Kenya National Examinations Council (Amendment) Bill, 2024.

Others were the Kenya Institute of Curriculum Development (Amendment) Bill, 2024, the Basic Education Bill, 2024, the Education Appeals Tribunal Bill, 2024, the Basic Education Scholarships and Bursaries Bill, 2024, the Science Technology and Innovation (Amendment) Bill, 2024 and the Universities Bill, 2024.

The Stakeholders were drawn from teachers’ unions, faith-based organizations, Vice-Chancellors of
public universities, members of civil society, senior education officials and all the Semi-Autonomous organizations in the education sector.

Source: Kenya News Agency