Thursday, May 23, 2024

New Wave of Auctions Hit Kenya’s Wealthy, SHIF Registration Begins This Month

Whats up and welcome to the Night Temporary E-newsletter the place we’re watching the auctions with a fear

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Dropping Revenues

At this time’s Day by day Nation Newspaper carried seven pages of property (principally high-end flats and motor automobiles) which have been placed on public sale.

Probably the most hanging constructing from the line-up was the 7-storey Shelter Afrique Home alongside Mamlaka Highway that was put up for public sale in its entirety.

Keysian Auctioneers, which was appointed to supervise the public sale course of, listed 11 different properties which might be on public sale.

The tower situated on the periphery of town middle spots a mixture of glass and bronze brown partitions in its exterior and the constructing is a leasehold curiosity of 94 years with impact from January 1979.

The property has developed a seven-storey workplace constructing, basement parking, and an open parking house which might be all related.

11 Different Properties; Keysian Auctioneers can also be overseeing the sale of two residential houses in Siaya and one other in Kisumu owned by one tycoon.

  • An condominium block in Kisumu owned by the identical tycoon was additionally positioned on the chopping board.

The Warmth Turned Up; Individually, Garam Investments Auctioneers positioned 78 residences on the Greatwall Gardens in Machakos County on public sale.

The discover indicated that each one the models have been two bedrooms inside phases 1, 2 and three alongside Shangjai Highway off Mombasa Freeway.

Your entire parcel has 1,421 three-bedroom residences and 648 two-bedroom residences in addition to three industrial facilities and a faculty.

Garam Funding Auctioneers additionally introduced that it was auctioning an condominium block at Imara Daima with estimated rental earnings of Ksh952,000 monthly in addition to residential houses in Kiambu, Kajiado, in addition to Nairobi Metropolis.

One other residential flat in Githurai with a month-to-month rental earnings of Ksh300,000 can also be underneath public sale.

Ex-MP Not Spared: A distinct auctioneer introduced that they have been promoting a macadamia manufacturing facility belonging to Kiambu politician Kimani Wainaina popularly often called Jungle. The manufacturing facility is situated in Makongeni, Thika City in Kiambu County.

Thika City MP Patrick Wainaina, popularly often called Jungle throughout previous marketing campaign


The corporate on the chopping board sits on a parcel that measures 2.5 acres and has three developed blocks of terraced double-span warehouses.

Different infrastructure consists of; a sentry, management rooms and a shared cover shed.

Plant equipment that might be auctioned along with the property embrace; a nut pasteurization line, macadamia nut pasteuriser, and nut packing line comprising industrial nut cracking machines.

Wainaina served as Thika City Member of Parliament earlier than unsuccessfully vying for the Kiambu gubernatorial submit in 2022 the place he misplaced to Kimani Wamatangi.


Agriculture Cupboard Secretary Mithika Linturi survived an impeachment movement lodged towards him predominantly over the faux fertiliser

The 11-member group appointed to probe the matter gave the CS a clear invoice of well being whereas presenting its findings on Tuesday afternoon.

In line with the committee, the three counts towards the CS have been unsubstantiated. (Learn’s full protection right here)

Additionally, try our earlier protection on this e-newsletter’s earlier version the place the CS almost shed tears defending himself.

Well being Adjustments Abound

After months of fixed postponement, Well being CS Susan Nakhumicha has assured Kenyans that the federal government intends to undertake a family registration train for the Social Well being Insurance coverage Fund (SHIF) this month.

The registration marks step one for the rollout of SHIF, which is about to exchange the Nationwide Hospital Insurance coverage Fund (NHIF).

Nakhumicha, nonetheless, assured that the registration train is predicted to go on concurrently with the providing of companies by NHIF.

Well being CS Susan Nakhumicha throughout a gathering with hanging docs.



What Nakhumicha is Saying: “I flagged off the NHIF asset and liabilities verification train aimed to facilitate an efficient and easy transition to the Social Well being Authority (SHA). The verification is according to the Authorities’s dedication to make sure a seamless transition from NHIF to SHA and one which ensures continuity of service supply to the folks.”

Sure, However: CS Nakhumicha reiterated the federal government’s pledge to have the Social Well being Authority operational by July 1, 2024, with family registration slated to start in Could.

Catch Up Fast: Initially, the federal government had said that the train would start in January and in a while switched the dates to March 2024.

Regardless of each bulletins, the registration workouts didn’t start, with the Ministry of Well being being adamant that the train can be accomplished by June 30.

Listed here are 5 different tales to maintain tabs on right now;

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This text was written by Derrick Kubasu and edited by Brian Muuo.

Washington Mito contributed to the content material.

Graphics ready by Adongo Kyalo.

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