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Showing posts from December, 2018

PRESIDENT UHURU LAUNCHES NEW CURRENCY COINS

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After winning a Ksh11.1 billion three  year contract to design and manufacture Kenya’s new generation currency, British security printer firm De La Rue is already at work. President Uhuru Kenyatta on Tuesday officially launched Kenya’s new currency, which had been set to take effect from the new year 2019. The President launched the coins, which are to have symbols rather than the portraits of the former Presidents of Kenya. Kenyans are expected from today to start using the new generated coins. Central Bank of Kenya  is set to start circulating the new currency today. De La Rue had earlier disclosed that it plans to deliver the first batch of the banknotes, which will not bear the image of an individual in 2019. The pricing of the initial batch of the new notes means it will cost the taxpayer Ksh2.4 billon. The decision allowed the CBK and the security printer to proceed with production of the new currency notes as required under the 2010 Constitution.The  award of the contract

3 Perish in a Kanduyi-Malaba Road Carnage; Scores injured

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A grisly road accident has claimed three lives and left scores injured at Nang'eni along the Kanduyi-Malaba. According to onlookers, the truck lost control,swerved and smashed a matatu belonging to West Tours Sacco, dismembering it and butchering three occupants instantly before plunging to the roadside and seriously injuring the driver. "I saw the truck skid from one side to the other. It was evidently incontrollable. It swerved before hitting the matatu from behind and destroying it. As you can see the matatu is in no good shape. Screams were all over. We ran here only to find people badly injured and about 3 dead. The truck fell across the road," Jane,a witness to the accident told our reporter. She added,"the matatu was well parked at the Nang'eni stage and a passenger was alighting. The truck hit it from behind. " Bungoma traffic police have confirmed the incident and cautioned truck drivers against driving at high speeds. The survivors were r