On the Radar: Oparanya, Mvurya to appraise MPs on status of NYOTA Fund

Cabinet Secretaries Wycliffe Oparanya (Cooperatives) and Salim Mvurya (Youth Affairs) will brief MPs on the status of the NYOTA Fund Programme.

The two will appear before the Committee on Trade, Industry and Cooperatives at Bunge Towers, 2 pm.

The Nyota (National Youth Opportunities Towards Advancement) Fund Programme is a five-year Kenya government initiative, supported by the World Bank, designed to empower vulnerable youth by improving their employability, expanding employment opportunities, and promoting a savings culture.

The programme targets youth aged 18-29 (or 35 for Persons with Disabilities) with less than Form 4 education and those who are unemployed or underemployed across all 47 counties.

Key components include skills training, apprenticeships, entrepreneurship support, financial literacy, and a unique savings incentive through the NSSF Haba Haba scheme, where the project matches youth savings.

Tuk Tuk Operators Network to pre-launch the Alpha Electric Tuk Tuk

Tuk Tuk Operators Network to pre-launch the Alpha Electric Tuk Tuk in a move aimed at enhancing delivery of essential, right, environmentally clean, secure, inclusive and affordable transport solutions to the public.

The umbrella organisation for three-wheeler operators will host the event together with Alpha E-Mobility at Ole Sereni Hotel from 3 pm.

The Alpha Electric Tuk Tuk is designed to empower operators in the informal transport sector through affordable, reliable, and modern solutions, eliminate carbon emissions and reduce air pollution in urban and semi-urban transport and conserve the environment by adopting clean and renewable energy.

This initiative aligns with Kenyan Government policy under the Bottom-Up Economic

Transformation Agenda (BETA) and Kenya’s commitment to climate action. 

PS Mukhwana to appear before MPs over sale of East African Portland Cement shares

PS State Department for Industry, Juma Mukhwana, to appraise MPs on the sale of East African Portland Cement (EAPC) shares.

The PS will appear before the Committee on Trade, Industry and Cooperatives alongside the management of EAPC, Competition Authority of Kenya and Capital Markets Authority.

Busia senator Okiya Omtatah is threatening legal action to stop the sale of 29.2 per cent shares of East African Portland Cement Company (EAPC) by Swiss multinational Holcim to a firm associated with Tanzanian billionaire Edhah Abdallah Munif.

Omtatah says that should the deal go through, there will be massive losses for Kenyan pensioners. Pensioners, through the National Social Security Fund (NSSF), own a 27 per cent stake in Portland Cement, while the government, through the Treasury, owns a 25 per cent stake in the firm.