Inside Governor Alfred Mutua's presidential bid and Ksh500,000 wedding gift to newly wedded couples
Albanas Kiswili
1 month ago

Machakos county governor and 2022 presidential aspirant Dr. Alfred Mutua has promised newly wedded couples a loan between Ksh500,000 to Ksh1million should he win the executive's senior seat.

Mutua speaking during his 2022 presidential bid launch has stated that the loan shall be repayable in period of upto 20 years with an interest rate of 0.5 percent rate annually.

“Newlyweds will receive an initial capital from my government of Ksh.500,000 to Ksh.1 Million in kind, payable over 20 years at an interest rate of 0.5 percent as a gift from the government to invest in their new home and entrench the family institution,” he stated.

According to the governor, the money is set to improve the living standards and conditions of the couples.

“What is the effect of all this? Dignity for all of us, improvement of the living standards and quality of homes countrywide and no more mud houses,” said Mutua.

At the same time, Mutua stated that his government will invest heavily in youth development by creating a conducive business environment.

According to Mutua, the government will create 5 million jobs in the first three years under his leadership.

Also read:

Additionally, companies that hire more than 10 youth in entry-level positions will receive a 5% tax break, while youth-owned businesses will receive a 50% tax break, according to Mutua.

Mutua also pledged to revitalize the local creative industry, claiming that his government will eliminate duties and taxes on filming equipment, locations, and crew for both domestic and international productions.