magicnewskenya

The Sudanese Founding Coalition signed the Transitional Constitution of the Republic of Sudan for 2025 on Tuesday, marking a significant step in the country’s political transition. The constitution, signed in Nairobi, lays the foundation for a secular, democratic, and decentralized Sudan while abolishing the 2019 transitional constitutional document and all previous laws, decrees, and decisions. The new constitution affirms the separation of religion from the state and ensures that cultural, ethnic, and regional identities remain distinct from governance. It establishes equal citizenship as the basis for rights and duties and emphasizes voluntary unity among Sudan’s diverse communities. Under the new framework, Sudan will adopt a decentralized governance model, with power distributed across federal, regional, and local levels. The country will be divided into eight regions, each with its own constitution, provided it aligns with the national framework. The document also gua...

By Grace Mwende Nairobi, Kenya – KCS Sacco held its Annual General Meeting (AGM) with remarkable success, addressing key financial achievements, launching a new brand identity, and unveiling an education scholarship program. Speaking after the meeting, Chief Executive Officer Gitonga Kigo expressed satisfaction with the discussions and outcomes, emphasizing that the organization is on a strong growth trajectory. "We are happy because everything went as planned. We were able to discuss all the issues, and our members were very pleased with the report we presented. Last year was a good year for us, as we posted strong returns, declared dividends of 15 percent, and an interest rate of 8 percent," Kigo said. New Brand: KCS Sacco One of the key announcements at the AGM was the launch of KCS Sacco, a trademark name that reflects the institution’s expansion beyond its origins. Previously known as Karura Community Sacco, the organization has grown into a global entity wit...