Chandaria Loses Company to Kenyatta Family Bank

  • a
    Billionaire Manu Chandaria with President Uhuru Kenyatta at a past event
    File
  • Well hello and welcome to Speed Feed by Kenyans.co.ke. This is where you catch a glimpse of everything that is happening around you that you need to know about, from news, politics, viral and hot stories, entertainment basically everything that is driving the conversation and is worth noting.

    See below a summary of the top stories for Monday, June 21.

    Billionaire and philanthropist Manu Chandaria has lost one of his companies, Kaluworks Limited after the company was put under receivership by a local bank over Ksh4.3 billion debt. This means that the company will be run by the bank which is primarily owned by the Kenyatta family. 

    An expectant woman has come out to claim that the Speaker of the Senate Kenneth Lusaka is the father to her unborn child.

    Reports indicate that the woman seeks Ksh25 million as compensation as well as Lusaka taking parental responsibility. 

    Six police officers in Kisumu County were arrested on Saturday, June 19, after they were caught partying at 8 pm, which was past the new curfew hours issued by the government.

    According to a police statement, the police officers were detained at Kondele Police Station.

    Education CS George Magoha reduced the fees paid in secondary schools citing that his ministry had reduced the academic calendar from the previous 39 weeks to 30.

    Magoha also noted that the new directive would cushion parents who, he added, had grappled with the economic strains caused by the Covid-19 pandemic.

    Kenya Universities and Colleges Central Placement Service (KUCCPS) CEO Agnes Wahome affirmed that KCSE candidates have another chance to review their university choice selections in the second revision program.

    She acknowledged that the program would begin on Tuesday, June 22.
     

    An official of KUCCPS Tending to potential applicants
    An official of KUCCPS Tending to potential applicants
    Twitter