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First-Ever U.S.-Kenya Business Roadshow Kicks Off with $55 Million in Co-Investment Deals.

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The first-ever U.S.-Kenya Business Roadshow was  launched  in New York City on Tuesday, where the Prosper Africa initiative and the U.S. Embassy in Kenya gathered leading businesses, investors, and Kenyan government officials. The roadshow aims to strengthen the economic partnership between the United States and Kenya. During the launch, Ambassador Whitman announced six new co-investments worth $55 million with Kenyan and American apparel companies, which build on the 14 deals announced by Kenyan President William Ruto at the American Chamber of Commerce Summit (AMCHAM) in Nairobi in March. These co-investments, supported by  Prosper Africa  and the U.S. Agency for International Development (USAID), aim to connect American buyers with Kenyan manufacturers, creating more jobs in Kenya and the United States. The co-investments include MAS Intimates, which will provide training for Kenyan workers to increase the production of high-quality Kenyan-made apparel; UAL, which will increase appa
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Tottenham 2-2 Man United: Son on target as Spurs battle back for point against Manchester United

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Son netted his third goal in four games in the 2-2 draw AFP Tottenham Hotspur overturned a two-goal half-time deficit, as goals from Pedro Porro and Son Heung-Min earned them a hard-fought 2-2 draw at Tottenham Stadium, putting an end to a four-match losing streak against fellow top-four hopefuls Manchester United. The  Tottenham  faithful were eager for an immediate response to Sunday’s embarrassing 6-1 pummelling at the hands of Newcastle - a match that spelled the end of coach Cristian Stellini’s interim spell in the Spurs hot seat after just four games. Tasked with reviving their top-four push, Ryan Mason had his side playing with intent in the early stages, but once again they fell behind inside seven minutes. Marcus Rashford showed great persistence to hold onto the ball and play it out to Jadon Sancho, and the winger shifted it onto his right foot to calmly strike into the far corner. United  continued to be relentless, and Sancho saw another attempt headed off the line by Ivan
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Five arrested over muggings in Meru.

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Meru Law Courts where a pastor who chopped off another man’s hand in Mikinduri town, Meru County, amid a protracted land row has lost an appeal to have his 10-year jail term overturned . Police in Meru have arrested five men suspected to be behind a runaway wave of muggings and thefts. The security personnel also recovered more than 20 mobile phones suspected to have been stolen and three motorcycles thought to have been used to carry out the activities. Addressing the press, Imenti North sub-county police commander Alexander Makau appealed to members of the public who might have fallen victim to the muggers to visit Meru police station to identify the recovered items. RELATED Police probe motorbike theft cartel Meru   Yesterday Police arrest man who ‘killed’ his mother, secretly buried her Meru   Yesterday The police boss has formed a crack squad and opened a patrol base at Gakoromone market to track the suspects who carried out the criminal activities even in broad daylig
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Wrangles among UDA aspirants emerge in Isiolo

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UDA aspirants and supporters address journalists in Isiolo town on March 23, 2022. They threatened to defect to Azimio over what they said is wrangling in party.   Deputy President William Ruto’s United Democratic Alliance (UDA) party risks losing members in Isiolo to rival parties due to infighting among aspirants. The wrangles emerged after a gubernatorial aspirant, Hussein Tene, joined the party and ostensibly started side-lining old members and aspirants who had worked hard to popularise the party in the county. The party members and supporters are divided on whether DP Ruto should work with new entrants, such as Mr Tene, or leaders who have been selling the party’s agenda and recruiting new members. The DP currently has no point man in the county, following the recent defection of Woman Rep Rehema Jaldesa to ruling Jubilee Party. Members who have been in the party for long feel they should be given an upper hand over those who joined it recently. Side-lined Isiolo Nort
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Two battle for Kanu ticket in hot contest for Isiolo North seat.

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Former Isiolo North MP Joseph Samal (left) and nominated Senator Abshiro Halakhe. The two are bracing for a fierce nomination battle, with both maintaining they will vie for the constituency's seat on a Kanu ticket.  Former Isiolo North MP Joseph Samal and nominated Senator Abshiro Halakhe are bracing for a fierce nomination battle, with both maintaining they will vie on a Kanu ticket. The party has a difficult task of deciding who between Mr Samal and Ms Halakhe will be its flagbearer for the hotly contested Isiolo North MP’s seat, which has attracted nine aspirants. Others seeking to unseat incumbent MP Hassan Odha are Osman Shariff Abukar, Lucy Mworia, Abdilatif Boru, Mwenda Thuranira, Ali Dida, Dr Mohammud Abdikadir Guyo, Fatuma Ali and Mohammed Abdullahi. Mr Samal enjoys significant support among his Turkana community, which has over 10,000 votes, while Ms Halakhe’s Sakuye clan has about 6,000 votes. “I am vying for the Kanu ticket. If we go to the nominations, wil
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UNI-TED, United stung by KDB.

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Manchester City re-established a six-point cushion at the top of the Premier League (PL) with a 4-1 victory over their fierce rivals Manchester United, to secure a first league double over their noisy neighbours since 2018/19. The pressure was on Manchester City here, with a relentless Liverpool chasing them down in the title race. Not that City were feeling it though and it was the blue moon that rose inside five minutes when Bernardo Silva's perfectly weighted cut-back was rifled home by the on-rushing Kevin De Bruyne and with City boasting an incredible 20-0 record when scoring first this season, United faced an uphill battle. However, United took on the task and levelled the scores midway through the first half. A swift counter finished with Jadon Sancho one-on-one with Kyle Waliser, a drop of the shoulder sent him one way before curling a sumptuous effort beyond the desperate dive of Ederson City continued to land several blows on United and eventually delivered a
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The Real investment analysis and to where to invest.

Safaricom shares are currently trading at Ksh 38.81 and they announced an interim dividend of Kshs 0.64 per share. What does this mean to the average investor? Let's break it down.  Going by last year's trend and assuming that they pay a final dividend of 1ksh, your total dividends will be Kshs 1,640,000 for your investment of Kshs 38.81m How does this compare to other investments? If you had enough money to buy 1 million shares, your initial investment would be Kshs 38.81million and your interim dividend this round will be Kshs 640k. The dividend payment is slightly above 4% return per annum (assuming no brokerage fees for share purchase etc) which is pretty decent, given that safaricom is the bluchipest of the blue chip companies. If you invested the money with a fund manager eg CiC whose return last year was a smidge above 9%, your interest payment at the end of the year would have been almost Kshs 3.5million. A real estate investment of Kshs 38.81 million 'should' y
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