Peninah Malonza, the nominee for Cabinet Secretary for Tourism, Wildlife, and Heritage, stated on Wednesday that she has a net worth of Sh300 million.
Malonza stated before the National Assembly Committee on Appointments that a large portion of her wealth is in the form of land in various parts of the country.
“Hon Chair, my financial net worth is Sh300 million. Sh240 million is prime land in Mombasa, Kajiado, Kitui, and Nairobi. I have shares in four saccos with a total of 30 million,” she said.
“I have motor vehicles, three to be precise at Sh10 million. The other Sh20 million is from my farm and livestock I keep.”
She added that she has over time invested all her salary in land.
She said that she will use digital platforms to sell Kenya’s tourism space.
Malonza said Kenya has a slim budget for marketing hence the strategies have not made any progress.
“The good thing about digital platforms is they have a wider reach and are cost-effective,” Malonza said.
Malonza previously served as deputy governor of Kitui County between 2013 and 2017.
