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Arteta Reflects on Five Years at Arsenal: “The Best Is Yet to Come”

Arteta Reflects on Five Years at Arsenal: "The Best Is Yet to Come"

Arsenal’s head coach Mikel Arteta has provided messages of hope and thankfulness on Friday as he celebrates his 5th year anniversary with the London base club telling fans ‘the best is yet to come’.

Main Outcomes of President Ruto’s Statements

Nairobi-Nakuru-Eldoret dual carriageway construction

Timeline: Construction works on the planned dual carriageway to start in the year 2025.

Extension: End of the project, the corridor will stretch to Malaba to enhance the connection and business on the stretch.

Purpose: Traffic congestion along this stretch especially during festive seasons should be tackled along the Nairobi-Nakuru highway.

2. Economic & Agricultural Progress

Achievements

Lower inflation rates.
Increased exports.
Food security improvements that result from subsidy on agricultural inputs.

Outcome: Elimination of maize and sugar imports because of increased local production of food.

Healthcare Reforms

New Insurance Plan

It has been billed as a revolution in Kenya’s health care sector.
Intended to provide sustainable positive impacts to the population in their society.

Commitment: Commitment to guaranteeing the success of the program to increase the availability of health care services.

The program of Livestock vaccination throughout the country

Objective: To avoid diseases such as foot and mouth which are calamities for the livestock economy.

Criticism Addressed:

From the selection of dismissed claims about vaccines, ones safety is dismissed.

Brought out the fact that we now use locally made vaccines and that a key manufacturing center exists in Kabete, Africa.

Importance: Establishes economic stability in areas where the major source of income is livestock rearing.

Members of the Opposition in the Government

Rationale:

Promote unity and stability throughout the region of the nation.

Minimise the number of divisions arising from previous protest.

Goal: They have to enhance the process of development by implementing bipartisan cooperation.

6. Call to Address Social Issues

Gender-Based Violence and Femicide

Called on churches in particular to become more proactively involved with addressing these matters.

Indicated that ‘this was a preventive measure mainly proposing vigorous moral values that a child should be nurtured with’.

President Ruto’s disclosures emphasize physical development and the economy, growth stability, healthcare system improvements, and consensus in administration, and social issues via religious partnerships.

Guardiola Committed to Haaland despite Manchester City Troubles

Manchester City’s boss Pep Guardiola continues to believe in Erling Haaland to start scoring again as long as the squad generally performs better. Haaland has scored only once in the previous five games for City, but Guardiola downplayed this tendency pointing to the team’s general performance.

City’s Struggles

Recent Form: Manchester City has endured a shocking period under Guardiola and has lost eight of the last 11 matches in all competitions.

Impact on Haaland: The Norwegian forward who was instrumental in City’s four back-to-back Premier League titles has been starved of service and playing time in recent matches.

Guardiola on Haaland and Team Relations

Guardiola rejected calls for him to go back to the formation that worked in the past, the popular ‘false nine’.

“I would like to play with Erling” he said.

He admitted that is a collective effort of the team to improve and make better chances for Haaland.

Guardiola said: ‘We have to play better to get the spaces for him’ and admitted that Haaland has problems when opponents put several markers on him.

January Transfer Window Contingencies

During Guardiola’s reign, City has not engaged in any significant business during January transfer window, with Laport arriving at the club in the middle of that specific window in 2018.

Still, Guardiola suggested this season could be different given the nature of the current ‘special circumstances’.

‘We have to see if something is possible, and if not, we will wait until the summer’ he said.

Looking Ahead

Manchester City is scheduled to face Aston Villa on Saturday decimal in a diferent Premier League match, with Guardiola still expecting a general upturn that should also take the drub and Haaland with it out of their current slump.

Much will be expected from the club in terms of their possible January signings, particularly as they pass through a difficult period of their season.

With Guardiola willing to fully back Haaland and possible new signings en route, Manchester City will look to return to their title-winning best in the coming weeks.

HF Group has successfully raised KSh 6.4 Billion in its just concluded over-subscribed rights issue

Important Stakes about the Rights Issue

Oversubscription:

The Rights Issue was subscribed 138.32 times and thus investor response remained quite positive.

The offer which was at KSh 4.00 per share enabled the shareholders to acquire additional two shares for every share they held.

Funds Raised:

As many as 1.59 billion shares were applied for, which at their average offer price of KSh 4.02 generated a gross amount of KSh 6.38 billion, thereby raising more than the targeted KSh 4.6 billion.

The high demand was absorbed through green shoe up to 30% or 384.614 million shares.

Fund Allocation:

The remaining 85% of the funds will go to business growth investment, where improvement of products and customers’ base will be prioritised.

15% shall be spent on technology and digitisation as this will cause the firm to optimise on its operations and enhance its service delivery to the consumers.

Leadership Comments

Robert Kibaara, CEO, HF Group

They thanked shareholders for their overwhelming support they received.

Highlighted the importance of the capital raised in fueling HF Group’s next growth phase:

“And with that the company is set up nicely on a trajectory to power its next wave of business development.”

Olive Mugenda, Chairperson, HF Group.

Noted the confidence demonstrated by shareholders, including key stakeholders such as Britam and NSSF:

“This is a big boost to our company’s investment้เกิด by our shareholders. We have now lay down the foundation for growth and we are now eager to start unlocking shareholder value in the short run.”

Strategic Impact

Regulatory Compliance:

The capital injection thus prepares HF Group for future compliance with other regulations such as the 500 billion basic capital level of banks by 2028.

Growth Prospects

Increased resource leverage will help HF Group to improve its market positions, introduce new financial products, and enhance its activities.

Enhanced Shareholder Value

It is in this backcloth of success of the Rights Issue that the company is placed in a vantage point to deliver returns and restore shareholders’ confidence on the path the company will take.

HF Group experience is a significant indicator of the company’s breakthrough in the competitive financial stream and its ability to adapt and grow in the future.

President Ruto makes Key Appointments in Central Bank, Governance as well as in Public Agencies

President William Ruto is stepping up on his word to revamp institutions with top appointments in the CBK, EOP, governance and public sectors.

Some key Appointments

Central Bank of Kenya (CBK)

Gerald Nyaoma Arita: Promoted to the position of the Deputy Governor for a key position in the monetary and financial stability of the bank.

APPROVAL SHEET Office of the President/ Executive Office of the President

Prof. Adams Oloo: Senior Communication Advisor in the President’s Economic Council of Advisors.

Dr. Silvester Okumu Kasuku: Advisor on Governance.

Maj. (Rtd) Ali Mahat Somane: Advisor for security, Inspector of the Office of the National Security Adviser.

Joe Owaka Ager: Secretary of Governance.

Diplomatic Role

Noor Yaror Gabow: He was appointed a Consul General at the Kenyan Consulate in Port-Au-Prince, Haiti.

Public Sector Appointments

Mwangi wa Iria: Former Governor of Murang’a District appointed to Chair Public Procurement Board.

Peter Kenneth: Presidential hopeful joins KEBS board as Chairperson The company has a new chief in the person of a former presidential aspirant in Kenya.

Bruno Oguda Obodha: Promoted to the position of Managing Director of East African Portland Cement.

Douglas Murei Kaibos: Appointed as the Chief Executive Officer to the Central Rift Valley Water Works Development Agency.

Official Statement

Arthur Siya, who works in the Office of the Head of Public Service and holds the title of a Principal Administrative Secretary, said that the citizens should expect that these appointments will ultimately help the government increase its capacity to fulfil its functions.

“These appointments have been done under advice of the Public Service Commission and in accordance of the laws provided to each public office,” he said.

Constitutions of those appointments

The experts’ choice also can be explained by the administration’s priorities in governance, economic strategy, and institutional change. The participation of leaders such as Mwangi wa Iria and Peter Kenneth marks a change towards using political and administrative experience for enhancement in delivery of public services in the country.

The appointments also show President Ruto’s intention to have a diverse team for dealing with various challenges in governance, stability of the Kenya economy and efficiency in public service delivery.

CAF President Motsepe to Tour East Africa as Preparations for CHAN 2024 Begin

CAF president Patrice Motsepe will arrive in the country on Friday for a two-day tour of East Africa to assess the level of preparedness for the upcoming CHAN that will be hosted from February 1-28, 2024.

Inspection Schedule

Dr. Motsepe’s itinerary includes

Thursday: They begin from Tanzania’s Dar es Salaam where he will make an assessment.

Friday Morning: Charles David interviewing people on construction of stadiums and other facilities during his visit in Nairobi, Kenya.

Friday Afternoon: Having completed the tour in Uganda, at Kampala.

Focus of the Visit

In the course of the tour, Dr. Motsepe will engage top government dignitaries, football administrators and Local Organising Committees (LOCs) of the three hosting nations. The agenda includes inspections of:

Stadiums and training sites under construction.
Shelter of teams and officials for the programs.

Other infrastructures and installations, thereof; airports.

This visit comes after a second assessment of CAF facilities in the host nations by a CAF delegation in November.

Blinken to announce new funding in relation to Sudan Amid Ongoing Crisis

US Secretary of State Antony Blinken is expected to announce more aid for humanitarian programs in Sudan and strategies to support civil society during a closed UN Security Council debate on Thursday. This is a meeting, which Blinken will be convening, is aimed at drawing attention to the suffering of Sudanese people and push for safeguarding of civilians.

Announcements and Its Corresponding Aims

New Humanitarian Aid

Funding Boost: Blinken will unveil enhanced funding by Washington for the Sudanese humanitarian crisis aimed at responding to needs of millions of people uprooted by war.

Support for Civil Society: Further capacity will be provided in order to support Sudanese civil society and help the country to restore democratic rule.

Focus on the Crisis

UN Engagement: In recent times, the U.S. is continuing to use the United Nations as a stage in keeping the focus on Sudan and called for unified international action in order to address this humanitarian crisis.

Path to Peace: Blinken will reaffirm the United States’ support for helping in the search for a end to hostilities and bettering humanitarian access.

About Sudan Crisis

Conflict Origins

Power Struggle: The war started in April 2023 between the Sudanese Armed Forces and the paramilitary organizations of the Rapid Support Forces (RSF) halting the attempts to transition towards a civilian government.

Humanitarian Fallout: In 2019, there were 12.7 million people who have been forced to flee their homes and have access to assistance become restricted due to armed violence.

U.S. Involvement

Mediated Talks: Previous peace talks that were facilitated by the United States in Geneva did not produce a cessation of hostilities but did produce consent on enhancing the delivery of assistance.

Continued Efforts: Sudan has been considered as the focus of the Biden administration and change before Joe Biden completes his term in office.

Quotes by US Authorities

THE HAGUE – During a high-level Side Event at the 6th Session of the United Nations Forum for Countries with Special Needs, Ned Price, Deputy U.S. Representative to the UN.

Focus on Humanitarian Needs: ”In terms of humanitarian action, we will not spare any effort in order to resolve the concerns most important to us – humanitarian access and stoppage of hostilities.”

Global Cooperation: Price emphasized the American continuation of international cooperation with the association of participating countries and Sudan for a stronger plan to handle the problem that occurred and help Sudan regain its stability.

Looking Ahead

In this regard, the United States is pinning hopes on its enhanced financial assistance and continual focused diplomacy to save lives of several millions of beleaguered Sudanese and bring sustainable peace. Yet, it remain unclear what will happen next, as the rebellious groups continue to fight, and do not seem intent on coming closer to a compromise.

Don’t Mess with Nairobi’s Roads; Governor Sakaja Weighs in

Nairobi Governor Johnson Sakaja has recently respond to the increasing concern from the public in regard to the poor standard state of the roads in the city due to roles played by both National and County governments.

Points not missed by any ear from the speech made by Governor Sakaja

duty of road maintenance

National vs. County Roads: Sakaja sought to explain that most of the broadways including Jogoo Road, Uhuru Highway, Arwings Kodhek, Gitanga Road among others are controlled by national departments and parastatals including KeNHA and KURA.

Limited County Resources: He however pointed out that the county has no capacity to maintain such roads as most of them are funded and managed by the national government.

Road Maintenance Levy Fund

Allocation Challenges: Sakaja has accused the current system whereby the road maintenance levy fund, which is collected through fuel levies, is controlled by the national government and provided to MPs through CDF.

Council of Governors (CoG) Advocacy: The Council of Governors has advocated for the money to be channeled to the counties so as improve on maintenance of roads which interconnect the sub-counties or cut across several counties.

Efforts to Address the Issue

Funding Secured: In his address, the governor was quick to mention that the government has set aside Ksh.5 Billion to undertake road repair work including the CBD, Jogoo Road, and Soweto in Kayole.

Cooperation with National Agencies: Sakaja said that, according to the Urban Areas and Cities Act, both the national and county government have the legal basis for partnership on infrastructure in the capital.

Commitment to County Roads

Accountability: The governor noted that there have been raised concerns on some of the roads that are managed by the county such as Chania Avenue, Kindaruma and Wood Avenue tarmacking on black cotton soil it deteriorates very fast.

Reconstruction Plans: He promised on definite rehabilitation not repaving to sustain these roads for the longest time possible.

During his speech, Governor Sakaja pointed out the current inadequate cooperation between the national and county governments in providing adequate infrastructure in Nairobi. In absolving his administration of responsibility on roads under the jurisdiction of the national government he vowed to improve on county roads and advocated for increased reforms on the funding of road maintenance to adequately support Nairobian citizens.

President Ruto inaugurates LPG initiative to move public schools to clean energy

Kenyan President William Ruto has launched the LPG Initiative for public schools, where Washington International School is participating, as the program that is firstly beginning to use cleaner and sustainable Liquefied Petroleum Gas (LPG) energy instead of biomass-based fuels such as firewood.

The launching event which took place at Jamhuri High School shows government’s seriousness in eradicating environmental vices, enhancing people’s healthy living together with ascertaining fast and accelerated economic development through enhanced adoption of clean energy.

In the course of the LPG Initiative, the following points were highlighted:

Environmental Benefits

It will eliminate the continued use of firewood and burning of charcoal hence eliminating deforestation and pollution, which creates a high biomass requirement, which the world needs to fight in afforestation.

The initiative is in line with the national environmental objectives on improving forest cover with a view to addressing effects of climate change.

Economic and Health Impacts

Improved Learning Environments: Renewable energy will lessen pollutants affecting the indoor air quality and thus improve the general safety of the learning environment of students.

Economic Growth: Increase in investment in LPG sector will open employment opportunities and the economy of Kenya will improve.

Affordability: The government has come up with measures that include removing taxes on LPG and enhance on the storage methods of LPG to reach more families including the less fortunate ones.

Strategic Objectives

From the current level of 6.5kg per capita raise The LPG per capita usage to fifteen (15) by 2028.

Ensure that LPG reaches 70% population Coverage.

This pilot involves 20 schools across the country with the goal of expanding the program to all the boarding schools in the country within a year.

Speaking at the Gusii Institute of Business and Management, President Ruto said public-private partnerships would be crucial in the success of the idea. These collaborations will focus on:

How to promote the LPG imports and minimize its costs.

This partly involves /availing of information, formally through a national LPG awareness campaign to reduce incidences of explosion due to lack of knowledge and acquaintance with the product’s advantages in terms of a cleaner fuel.

Broader National Priorities

The shift to LPG aligns with Kenya’s long-term goals, including:

Reducing the cost of living: This means that anyone who needs energy to run an institution or home, and is also struggling financially; will benefit significantly from clean and affordable energy resources.

Improving food security: Improved cooking energy also leads to better food preparation and improved health in school going children.

Promoting environmental conservation: A decrease in biomass use thus results in afforestation and sustainable practices.

President’s Vision

Speaking at the launch, President Ruto emphasized the transformational potential of the initiative:

“Today’s launch therefore ushers in a new paradigm shift that change the learning environment for the betterment of children and at the same time would contribute to conservation of the environment.”

Working on prioritizing LPG as a more safer and sustainable option the government is to solve the number of social, economical, and environmental obstacles so to think about a brighter and greener tomorrows of Kenya.

China’s export growth rate declines, imports fall ahead of Trump’s additional tariffs

According to exports and imports data that China released for November, export expansion has considerably decelerated far quicker than analysts had estimated while imports shrank prominently than what was anticipated earlier as Trump prepares to bring back unfriendly trade practices.

Key Trade Figures

Exports Growth: Increased by 6.7%, less than estimates of an 8.5% increase and below October when the figure was 12.7%.

Imports: Sinking by 3.9%, it was the lowest increase in nine months, in contrast to the forecast of a 0.3% rise.

Trade Surplus: Rose to $97.44 billion in November from $95.72 billion October owing to lower import levels.

Tariff Tensions Loom

Trump has said he will slap a 10% tariff on Chinese products to deal with the issues such as trafficking of precursor chemicals for fentanyl, which may lead to tariffs above 60%. They go a long way in aggravating the trade war between the two countries, unlike China which relies so much on exports.

China also perceives rising trade tensions with EU, where chargers ranging from 17.5% to 45.3% on imported electric vehicles from China is indicative of another potential trade war.

Internal Factors and Micro Level Forces

China’s economy is already grappling with:

An extended property market plunge, which has undermined hoping among homeowners and firms.

Slow global demand recovery as marked by subdued export numbers from other competing economies such as Korea and Vietnam.

Reduced import numbers that have been attributed to a decline in commodity prices.

Commodity Imports: Mixed Signals

Despite the overall drop in imports, specific commodities showed resilience:

Crude oil imports were up by 14.3% annually for the same reasons including low Middle Eastern oil prices and stockpiling.

Coal imports increased by 26% to new record levels because it is cheaper than domestic products.

There were mixed opinions on when copper imports could return to the levels before their decline in May, but they edged up to their highest in a year, which could have contributed to more optimistic signs in property and construction markets.

Policy Outlook

Ministers and other consultants are urging more potent fiscal measures at home to counter any negative effect of the new tariffs from the United States. Proposed measures include:

Specifically, it has sustained the growth rate to 5% in 2024.

Promoting the domestic consumers as a way of avoiding over dependence in exports.

Oasis for the local governments and the troubled property market.

Industry and Market Reactions

Manufacturers said business conditions have recovered in November at the highest level in seven months, albeit export orders remain subdued. They are storing products in foreign premises, a trend set to rise, thanks to exporter’s inventory management strategies.

Xu Tianchen, a senior economist at the Economist Intelligence Unit, cautioned that whether due to front-loading of imports prior to Trump’s tariffs, the real consequence has not started yet and will begin to emerge in the coming months.

Global Trade Context

China’s imports and exports have decelerated in line with other big exporters such as South Korea where exports to China shrank for the first time in eight months presumably due to slump in demand for re-exported components.

There are many factors that negatively affect China’s economy, which come from global and internal environment. As Trump has continued a tariff on China’s exports, Beijing has to manage increasing trade risks internally in order to support the economy. Biff Economic and Politics With China’s economy under tremendous pressure, investors and policymakers are waiting for signals from the Politburo based on upcoming Politburo meetings.