Connect with us
Loading...

Business News

CS Macharia now denies giving highway tender to US company :: Kenya

Published

on


CS James Macharia. [David Njaaga, Standard]

In summary

  • CS tells Parliament he has no knowledge of agreement.
  • KenHA had earlier said Betchel had signed contract for planned Mombasa-Nairobi expressway

Transport and Infrastructure Cabinet Secretary James Macharia has denied that the Government has awarded American Company Bechtel a tender for the construction of a six-lane highway linking Nairobi to Mombasa.

This is even as documents from one of the agencies under his docket, the Kenya National Highways Authority (KenHA) tell a different story of the American firm getting the tender on August 5, 2017.

ALSO READ:

Traffic headache stalks Nairobi-Nakuru highway motorists

Appearing before Parliament’s Implementation Committee yesterday, Mr Macharia refuted a claim by one of the committee members, Simba Arati, that the American firm pocketed the tender through single-sourcing.

“Neither Parliament nor the general public knows how this tender was granted to Bechtel with no competitive bidding. Even the discussions with the American government were done in the dark,” said Mr Arati.

But Macharia said Arati’s claim was based on hearsay.

“The construction of the Nairobi-Mombasa Highway has not been tendered to anybody. My ministry has no knowledge of an agreement with Bechtel. There is talk of single-sourcing of this tender to the Americans which I know nothing about,” he said.

The CS’s assertions contrast with a communication from KenHA dated September 18, 2017 and signed by Director General Peter Mundinia, which said that Kenya entered into an agreement with the US government in July 2015.

“The selection of Bechtel for this project was based on Bechtel’s 119-year experience in delivering infrastructure projects around the world, focused on delivering to a high international standard quality and building local capacity,” KenHA’s statement read.

MUST READ!  Uhuru: I now have better understanding of President Trump :: Kenya

Would you like to get published on Standard Media websites? You can now email us breaking news, story ideas, human interest articles or interesting videos on:





Source link

Comments

comments

Continue Reading
Advertisement
Loading...

Business News

Canada PM says informal NAFTA talks likely in next few days at U.N.

Published

on


MONTREAL (Reuters) – U.S. and Canadian officials trying to reach a deal on NAFTA are “very likely” to hold informal talks on the sidelines of a major U.N. meeting in the next few days, Canadian Prime Minister Justin Trudeau said on Sunday.

Prime Minister of Canada Justin Trudeau waits for the Prime Minister of Spain Pedro Sanchez before a military welcoming ceremony at The Royal Canadian Hussars Armoury in Montreal, Quebec, Canada September 23, 2018. REUTERS/Dario Ayala

With time running out ahead of a U.S.-imposed deadline of the end of September, negotiators are making slow progress on updating the North American Free Trade Agreement.

U.S. President Donald Trump struck a side deal on NAFTA with Mexico last month and has threatened to exclude Canada if necessary. He also said he might impose a 25 percent tariff on Canadian autos exports, which would badly hurt Canada’s economy.

Trump took office last year vowing to tear up NAFTA unless major changes were made to a pact he blames for the loss of U.S. manufacturing jobs.

Canadian Foreign Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer – the two top officials at the talks – are due to be in New York on Monday and Tuesday for the U.N. General Assembly.

“Certainly the fact that many of our negotiators, many of our teams, will be in New York at the same time (means) it’s very likely that conversations continue in a constructive but less formal way,” Trudeau told reporters.

Trudeau, speaking after talks with Spanish Prime Minister Pedro Sanchez, said nothing had formally been arranged. A Freeland spokesman declined to comment.

MUST READ!  Tanzania burns chicks worth Sh12.5m over Avian Flu fears :: Kenya

The United States and Canada are divided over the best way to resolve trade disputes and a U.S. demand for more access to Canada’s protected dairy market.

Markets are reacting nervously to uncertainty over the future of the 1994 pact, which underpins $1.2 trillion in annual trade. Over the past 25 years, the three countries’ economies have become increasingly integrated, especially the auto industry.

Canadian negotiators have said they will not be rushed and Trudeau reiterated on Sunday that he would not sign a bad NAFTA deal.

Freeland and Lighthizer met in Washington last Thursday and made little progress. Canada also made clear the United States needed to withdraw the threat of auto tariffs for a deal to be possible.

Reporting by Allison Lampert; Writing by David Ljunggren; Editing by Peter Cooney

Comments

comments

Continue Reading

Business News

WPP preparing to merge Young & Rubicam and digital ad firm VML: WSJ

Published

on


(Reuters) – The world’s largest advertising company WPP Plc’s (WPP.L) is preparing to consolidate some of its businesses in a bid to keep pace with the industry’s digital shift, the Wall Street Journal reported on Sunday.

FILE PHOTO: A logo hangs on the wall outside the WPP offices in London, Britain April 30, 2018. REUTERS/Simon Dawson/File Photo

The company, under its new boss Mark Read, is considering a merger between Young & Rubicam and WPP’s digital-ad firm VML, putting the combined group under the leadership of VML CEO Jon Cook, WSJ reported, citing sources.

There are talks about having the group’s direct-marketing company Wunderman work with its creative firms to provide access to consumer data to help them craft more relevant ads, the WSJ reported, citing a source.

The market leader has been hit hard in the last year as clients have increasingly turn to online platforms such as Google and Facebook to reach consumers.

The group is also recovering from the departure of its founder and veteran CEO Martin Sorrell who left in April after complaint about personal misconduct, which he denied.

WPP was not immediately available to comment on the report.

Reporting by Mekhla Raina in Bengaluru; Editing by Edmund Blair

Comments

comments

MUST READ!  Chloride Exide targeting public service vehicles :: Kenya
Continue Reading

Business News

European Banking Authority is asked to investigate oversight of Danske Bank

Published

on


COPENHAGEN (Reuters) – The European Commisssion has asked the European Banking Authority (EBA) to investigate what went wrong in the oversight of Danske Bank’s (DANSKE.CO) Estonian branch, which is at the center of a major money laundering scandal, it said on Sunday, confirming a report in Financial Times.

FILE PHOTO: Danske Bank sign is seen at the bank’s Estonian branch in Tallinn, Estonia August 3, 2018. REUTERS/Ints Kalnins/File Photo

The Commission has also sent letters, written at the request of justice commissioner Vera Jourova, to the Danish and Estonian governments to ask about the case and its supervision, the spokesman said.

Reporting by Foo Yun Chee; Writing by Teis Jensen; Editing by David Goodman

Comments

comments

MUST READ!  Kenya's central bank receives proposals for Imperial Bank :: Kenya
Continue Reading

From Around the Web

Loading...
Entertainment2 weeks ago

Photos: Nudes of Migori Governor Okoth Obado Are Here

General News5 days ago

Uhuru Kenyatta Suffering Stage One Lung Cancer

General News4 weeks ago

WATCH: Athlete Asbel Kiprop behaving badly in car as drug cheat ban looms – Nairobi News

General News1 week ago

Obado: “Sharon Refused a Ksh. 10 Million House Offer From Me, Wanted a Ksh. 35 Million House”

General News5 days ago

Okiya Omtata Saves Kenyans: Court declares Finance Bill illegal

Entertainment2 weeks ago

EXPOSED: Why Governor Obado suspected Sharon was having affair with his son

General News4 weeks ago

The Standard – Kenya: Video of Kenyan athlete Asbel Kiprop caressing an unidentified half-naked woman inside car leaks | The Standard

General News2 weeks ago

Cyprian Nyakundi: “Jahmby Koikai MUST Account For The Money She’s Raised”

Entertainment2 weeks ago

Was Sharon Otieno gang-raped before murder? Condoms found – PHOTOS

General News3 weeks ago

Egesa FM presenter Joseph Atandi hangs himself

Sports3 weeks ago

Manchester United 254: Meet This Group Using Football To Give Back To The Community

General News3 weeks ago

Kodera: The 'forest of death' where Sharon Otieno was found

General News3 weeks ago

Egesa FM Radio Presenter Commits Suicide

General News3 weeks ago

RMS presenter Okebiro O’ Mose dies in unclear circumstances

General News4 days ago

15 Chinese nationals arrested in South C for operating brothels To Be Deported

General News5 days ago

Jubilee MPs Bribed in Statehouse to endorse President’s proposal to reduce VAT on petroleum products to 8 per cent

General News3 days ago

Cyprian Nyakundi: ” Kanze Dena Is A Thief Just like Her Benefactors”

General News6 days ago

The mess at ERC

Entertainment1 week ago

Janet Mwaluda loses fiancé, Ian Mukuria – Entertainment – Pulselive.co.ke

General News3 weeks ago

Governor Muriithi discourages mothers from giving birth at home

Trending Videos7 mins ago

Kamati ya Seneti ya afya yazuru hospitali ya Pumwani

Trending Videos8 mins ago

2 suspects arrested in sim swapping scam in Narok

Trending Videos10 mins ago

Hospitali ya wote Makueni yasifiwa

Trending Videos33 mins ago

Tamasha ya taifa ya utamaduni katika Kaunti ya Kisumu

Trending Videos35 mins ago

#K24Wikendi

Trending Videos36 mins ago

MCAs accuse Governor Sonko of being melodramatic

General News48 mins ago

Punish despicable MCAs for their embarrassing conduct

General News48 mins ago

Report on Kemsa calls for thorough shake-up

General News48 mins ago

Why capital city needs leaders with more substance than style

Trending Videos59 mins ago

CS Henry Rotich responds to the Presidential memorandum before Finance Committee of N.A

Trending Videos1 hour ago

KIZUNGUMKUTI CHA USHURU MPYA: Baadhi ya wabunge watishia kufika mahakamani Jumatatu

Trending Videos1 hour ago

SMART FARM | Focus on Aquaponics Farming

Entertainment1 hour ago

Packers coach Mike McCarthy freaks out at referees after Clay Matthews called for another questionable roughing-the-passer penalty

Business News1 hour ago

Canada PM says informal NAFTA talks likely in next few days at U.N.

Entertainment1 hour ago

What $10 was worth the year you were born, and what you could buy with it today – Finance – Pulselive.co.ke

Trending Videos1 hour ago

Uganda popstar cum politician Bobby Wine back home

Trending Videos1 hour ago

Shughuli ya kuitafuta miili iliyokwama kwenye mabaki ya MV Nyerere yaendelea

Trending Videos1 hour ago

Omieri returns to Kisumu

Entertainment2 hours ago

49ers fear Jimmy Garoppolo suffered a season-ending knee injury – Sports – Pulselive.co.ke

General News2 hours ago

How medical negligence is robbing families of loved ones :: Kenya

Facebook

Tag Cloud

Dont Miss!

Trending Videos7 mins ago

Kamati ya Seneti ya afya yazuru hospitali ya Pumwani

Kamati ya Seneti ya afya imezuru hospitali ya Pumwani kupata hali halisi ya mambo. Hii ni baada ya madai yaliyotokea...

Trending Videos8 mins ago

2 suspects arrested in sim swapping scam in Narok

Two people have been arrested by Directorate of Criminal Investigation officials in Narok, on charges of sim swapping, an economic...

Trending Videos10 mins ago

Hospitali ya wote Makueni yasifiwa

Kaunti ya Makueni inaonekana kuwa hatua moja mbele. Katika hospitali ya rufaa ya wote mpango huo umefaulu kwa kiasi kikubwa...

Trending Videos33 mins ago

Tamasha ya taifa ya utamaduni katika Kaunti ya Kisumu

Watch more NTV Kenya videos at ntv.co.ke and nation.co.ke. Follow @ntvkenya on Twitter. Like our page on Facebook: NTV Kenya....

Trending Videos35 mins ago

#K24Wikendi

source Comments commentsMUST READ!  Tanzania burns chicks worth Sh12.5m over Avian Flu fears :: Kenya

Trending Videos36 mins ago

MCAs accuse Governor Sonko of being melodramatic

Aside from the human tragedy of infants’ bodies found piling up at Pumwani hospital, the Nairobi Governor Mike Mbuvi Sonko...

General News48 mins ago

Punish despicable MCAs for their embarrassing conduct

By MICHAEL MUGWANG’AMore by this Author Recently, members of the Nairobi County Assembly treated us to quite a show. Their...

General News48 mins ago

Report on Kemsa calls for thorough shake-up

By EDITORIALMore by this Author The latest audit report on the Kenya Medical Supplies Agency is alarming. Its drug management...

General News48 mins ago

Why capital city needs leaders with more substance than style

By KALTUM GUYOMore by this Author In the latest United Nations survey on human development, Kenya ranks 142nd out of...

Trending Videos59 mins ago

CS Henry Rotich responds to the Presidential memorandum before Finance Committee of N.A

Cabinet Secretary, Henry Rotich responds to the Presidential memorandum of the proposed 8% VAT tax in Parliament. The Cabinet Secretary...

Trending Videos1 hour ago

KIZUNGUMKUTI CHA USHURU MPYA: Baadhi ya wabunge watishia kufika mahakamani Jumatatu

Baadhi ya Wabunge wametishia kuelekea mahakamani Jumatatu, kusaka mwelekeo wa mahakama kuhusiana na kuidhinishwa kuwa sheria kwa mswada tata …...

Trending Videos1 hour ago

SMART FARM | Focus on Aquaponics Farming

The size of arable land in the country continues to diminish and farmers are now turning to sustainable ways of...

Entertainment1 hour ago

Packers coach Mike McCarthy freaks out at referees after Clay Matthews called for another questionable roughing-the-passer penalty

news Clay Matthews was flagged for roughing the passer on a questionable call for the third straight week. Packers head...

Business News1 hour ago

Canada PM says informal NAFTA talks likely in next few days at U.N.

MONTREAL (Reuters) – U.S. and Canadian officials trying to reach a deal on NAFTA are “very likely” to hold informal...

Entertainment1 hour ago

What $10 was worth the year you were born, and what you could buy with it today – Finance – Pulselive.co.ke

The value of a dollar changes from year to year as markets and economies fluctuate. The Bureau of Labor Statistics...

Advertisement
Loading...

Categories

Trending