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Archive for September 23rd, 2011

A Kenyan student dies in Pennsylvania

Posted by Administrator on September 23, 2011

Kimathi Muthee

Kimathi Muthee

“The Lord gives, the Lord taketh away. May his name be glorified” Job 1:21,

“He will wipe every tear from their eyes” Rev 21:4.
It is with deep sorrow and the humble acceptance of God’s will that the family of Stanley and Doris Muthee announce the death of their beloved son Kimathi Muthee.
Kim was in the United States army reserve, and a student at Montgomery Community College.
He was a beloved brother to Kinoti Muthee and Glory Muthee. Grandson to the late Stephen Nkanatha and Evangeline Nkanatha, the late Julius Muriungi and Gladys Muriungi.
Nephew to Kirimi, Bundi, the late Mwiti, Mburugu, Kimathi, Gitonga, late Mwenda, Winnie, Rose, Jane, Friddah, Faith, Phyllis, Stella, Nancy and Charity amongst others. Cousin to Brenda, Vera, Kelvin, Ivy, Mark, Barbara, Clifford, Hilary, Mutuma, Mwendwa, Mwenda Kinoti, Mwenda Kirimi, and Jeff amongst others.
Family and friends are meeting daily for prayers and funeral arrangements at the Muthees’ residence from 6.30-9pm at:
            516 Inman Terrace
            Willow Grove PA 19090
Contributions can be kindly made to the following account:
            Citibank NA
            Stanley M. Nkanatha or Doris N. Muthee
            Account # 9344237475
            Routing # 021272655
            Swift code: CitiUS33
For any questions and concerns please call:
            Walter Mwaria:  215-200-2649- & Risper Osonye: 610-400-7965  Chairman/lady
            Annah Mwaria:  215-776-4130 & Anne Kimani: 215-200-5691-Treasurers
            Anne Kagwi:      215-900-2818- & Ethan Waita: 215-900-1391-Secretaries
            Sam Nyachwaya:  267-625-8927- Committee member
            Pastor Okore:  609-271-9227- Committee member
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Posted in Uncategorized | Tagged: | 2 Comments »

Kibaki lawyer gunned down by police officers

Posted by Administrator on September 23, 2011

A lawyer who represented President Kibaki in the 1997 presidential election petition was shot dead by police in Kasarani in controversial circumstances.

Nairobi police boss Anthony Kibuchi said the shooting of Mr Anthony Nahashon Ngunjiri of A.N. Ngunjiri and Co Advocates on Wednesday evening was a case of mistaken identity.

Mr Ngunjiri had practised for  26 years since his admission to the bar in 1984. He started his law firm in 1986.

“Someone called the Kasarani Police Station saying there was a fight involving youths and needed help because one of them had a gun,” said Mr Kibuchi.

Police who were patrolling the area rushed to the scene and allegedly found the group in a fight. It was then that one of the officers noticed that Mr Ngunjiri was pointing a pistol at the youths.

Mr Kibuchi said the officers ordered all those fighting to surrender, and they shot the lawyer when he defied the order.

Witnesses, however, disputed the explanation by the police and said the lawyer was beaten up as he attempted to serve a court order on Mr Joseph Macharia Muchiri over a disputed piece of land.

The incident near United States International University, off Thika Road, has drawn criticism from the Law Society of Kenya, with the chairman, Mr Ken Akide, accusing the police of having been compromised.

“This is a sad day as we have lost an important member. We are demanding an independent investigation into the matter,” said Mr Akide.

He said the LSK would hire an independent pathologist to conduct a postmortem.

Source: http://www.nation.co.ke/News/Kibaki+lawyer+gunned++down+by+police+officers+/-/1056/1241330/-/14gxw7uz/-/index.html

Posted in Kenya | 1 Comment »

Mother’s Agony After Daughter is Killed in the US

Posted by Administrator on September 23, 2011

Photo/LABAN WALLOGA/NATION Mrs Josephine Mukeni holds a picture of her daughter Mauryn Masira and son-in-law in Tudor, Mombasa, on September 22, 2011.

Photo/LABAN WALLOGA/NATION Mrs Josephine Mukeni holds a picture of her daughter Mauryn Masira and son-in-law in Tudor, Mombasa, on September 22, 2011.

A family in Mombasa is mourning their relative who was allegedly killed by her husband last week in the United States.

The family of Mrs Josephine Mukeni, who lives in Tudor, received the news of the death of 39-year-old Mauryn Masira in Minnesota on Friday last week.

Mrs Mukeni, the mother of the victim, said she has yet to come to terms with the news.

“I did not believe the news since she was one of my children who looked after me financially.

“I was informed that my daughter was stabbed several times,” said Mrs Mukeni.

The mother claims her daughter was killed by her Liberian husband whom she married four years ago in the US.

Brutal manner

“I was told that my daughter was stabbed several times and her neck slit. I cannot imagine my daughter dying in such a brutal manner,” said Mrs Mukeni as tears rolled down her cheeks.

She added: “What I want is to see the body of my daughter, even if the body is brought back after several months.

“It is difficult to bring the body home because my family cannot raise the amount we have been asked to pay. I will not be convinced by anyone to bury her abroad.”

Mr Boniface Masira, the elder brother of Ms Masira, said his sister, who was working as a nurse, has been in the US for the past 10 years.

Mr Masira said the family needs more than Sh1.4 million to bring the body back home for burial.

“We are liaising with the Kenyan ambassador in the US to bring the body.”

Source: http://www.nation.co.ke/News/Mothers+agony+after+daughter+killed+in+US+/-/1056/1241306/-/bcoce8/-/index.html

Posted in Kenya | 7 Comments »

Kenyan shilling in free fall towards 100 mark

Posted by Administrator on September 23, 2011

NAIROBI, Kenya, Sep 23 – The Kenya shilling continued on a free fall against the US dollar opening on Friday at 45 cents short of the Sh100 mark.

The currency began trading at Sh99.55 after closing at Sh99.20 on Thursday against the greenback.

Analysts said it could hit the Sh100 mark before the close of trading on Friday, even after the Central Bank of Kenya (CBK) on Wednesday injected Sh15.3 billion worth of dollars into the market with little effect.

A source familiar with the workings of the Monetary Policy Committee (MPC) said it was too late to intervene as the government did not have the resources to defend the currency.

Some analysts want CBK to pump more dollars into the market to improve liquidity levels but the source, who did not wish to be named, said this was not an option, since the country’s forex reserves as at September 9 stood at $3.9 billion.

“Intervention is not a solution right now.  The country’s reserves are currently equivalent to four months import cover so if CBK were to sell more dollars, then what will the country be left with?” he wondered.

Although he reckons the shilling has been reacting to a strong dollar and gloomy global markets, he said poor communication from CBK and mixed signals to the market are also to blame.

“The dollar is very strong and as you can see, the shilling is stable against for instance the euro and the sterling pound. However, you cannot say you will do nothing. The market will definitely react to that,” he said in reference to the CBK’s insistence that it would not act to save the local unit.

CBK Governor, Prof Njuguna Ndung’u has insisted that the local currency fundamentals were strong and exuded confidence that the market would self-correct particularly when the uncertainties in the Euro zone are addressed and the volatility in the international market stabilises.

On this basis, CBK has in the past three months announced what analysts term as a ‘half-hearted’ policy stance that have done little to give direction to the market.

Other signals such as its indecision on the Discount Overnight Window, which at one point was raised to eight percent, reversed to its original rate two weeks later and had a new formula announced a few days later have only served to further confuse the market.

The shilling has twice breached previously set psychological levels of Sh90 and Sh95.

Recommendations that the Central Bank should take bold and drastic action such as raising the benchmark Central Bank Rate (CBR) by more than 200 basis points have largely been ignored.

The result has been the perception that the currency is on a ‘one-way’ risk has continued to be fuelled.

The free fall is also making a mockery of the MPC’s decision to hike the Central Bank Rate by a mere 75 basis in last week’s special meeting.

The gloomy picture is now being reflected in the Nairobi Stock Exchange which itself is witnessing a bear run that has seen foreign investors adopt a cautious approach.

Retail investors have largely stayed away from the market. The net effect has been a huge blow to the equities market.

Global trend
Meanwhile, the dollar extended its gains against most Asian units on Friday as traders sought its safe haven from a second straight day of market sparked by fears of another recession.

With the greenback surging on growing risk aversion some central banks intervened in forex markets to support their currencies amid fears of inflation at home.

The euro recovered from 10-year lows against the yen but its outlook remained bleak after the US Fed warned of significant risks to the US economy and as the eurozone struggles to keep Greece’s debt crisis from spreading.

The dollar rose to Sg$1.3006 from Sg$1.2878 and to Tw$30.59 from Tw$30.34.

It was also at 1,195.00 South Korean won from 1,179.57, despite traders saying the South Korean central bank had stepped in to support the unit over the week.

However, it did fall to 8,973.75 Indonesian rupiah from 9,133.75, with Dow Jones Newswires saying the central bank in Jakarta is believed to have intervened.

The commodities-linked Australian dollar was also trading sharply lower on Friday, falling to 97.89 US cents, well down on its close of US$1.00 the day before.

Since breaching parity in October last year the currency has rallied consistently near or above the US$1.00 mark, hitting a record of US$1.1081 in July.

The euro edged up tentatively, sitting at $1.3511 in afternoon trade, from 1.3470 late Thursday in New York. It was changing hands at 103.11 yen, after sinking to a 10-year low of 102.60 yen.

The single currency is under pressure as strikes over new budget cuts swept across Greece on Thursday, with doubts growing that Athens can implement new EU-IMF measures needed to secure funds and avert a default.

In afternoon Asian trade, the dollar was up at 76.32 yen from 76.20 yen in late New York trade on Thursday.

Japanese financial markets were closed for a public holiday.

“The dollar has already strengthened quite a fair bit, and the trend will continue for a while,” said Simon Teo, a senior currency dealer at Phillip Futures in Singapore.

“Europe still has a lot of problems, pushing the euro currency lower. With the US dollar strengthening, it has a double effect on the euro.”

Singapore’s DBS Bank said the world is looking for leadership from the ongoing International Monetary Fund-World Bank annual meetings in Washington which gathers the world’s finance chiefs and central bank governors.

“Needless to say, market sentiment is at its most fragile since (the) Lehman crisis,” DBS said, referring to the collapse in late 2008 of US investment bank Lehman Brothers, sparking a global financial crisis that lasted well into 2009.

“More than ever, markets now need to see global leaders holding each other’s hands, and not pointing fingers at each other, to help restore stability to global financial markets and return the world to its recovery path.”

The heads of the World Bank and IMF on Thursday warned that Europe and the US needed to get control of their deteriorating economic crises or risk “suffocating” the global economy.

Against other Asian currencies, the dollar climbed to 43.78 Philippine pesos from 43.67 and to 30.84 Thai baht from 30.68.

Source: http://www.capitalfm.co.ke/news/2011/09/23/kenyan-shilling-in-free-fall-towards-100-mark/

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