When a county is spending more than half its income on payroll, there is almost nothing left for the roads, the medicines, the dispensary equipment and the development projects that feature so prominently in press releases.
The company reportedly being considered to take over the planned Ksh375 billion expansion of Nairobi’s Jomo Kenyatta International Airport (JKIA) is China Communications Construction Company (CCCC), one of the world’s largest state-owned infrastructure firms. CCCC was involved with the design and construction of two of the most important infrastructure projects in Kenya in the past […]
Thousands of luxury vehicles from Japan sit warehoused on the Kenyan coast while the world’s most critical maritime chokepoint burns. Mombasa strains under the weight of rerouted traffic. And Lamu, a port that struggled for years to attract a single major shipping line, has suddenly become one of the hottest addresses in global trade.
Nairobi, Kenya — The Office of the Spouse of the Deputy President spent more than Sh44 million in six months despite having no budget approved by Parliament, a new audit report has revealed. The report by Controller of Budget Margaret Nyakang’o shows that the Office of the Spouse of the Deputy President used Sh44.52 million […]
The 47-year-old state corporation is to be reincorporated as a Public Limited Company under the Companies Act as the government simultaneously presses ahead with a long-stalled plan to hand Lamu Port berths 1 to 3 and Mombasa berths 11 to 14 to private operators under a landlord concession model projected to unlock Sh44 billion in annual cash flows.
The Hustler Fund CEO says borrowers’ loans are permanently tied to their national identification numbers, and no change of phone number or SIM card can break that link.
Parliament unanimously annuls sweeping privileges granted to the Global Center on Adaptation, raising urgent questions over its CEO’s relationship with President Ruto and a pattern of deception exposed by European investigators
The initial investment is estimated at Sh42 billion over the first two to three years, funded through private debt and equity.
The President said the new expressway would provide a lasting solution to persistent traffic snarl-ups along Thika Road.
Within days of journalist Alex Chamwada’s promotional documentary tour going viral, hundreds of thousands of Kenyans were not admiring the drip irrigation. They were asking whether they were watching the beginning of a settlement.
Shanta Gold’s environmental impact assessment, submitted to NEMA, reveals that the combined Isulu and Bushiangala sites contain 1.27 million ounces of high-grade gold.
Cofek warns that Kalahari Cement, though locally incorporated, acts as a proxy for its Tanzanian parent, enabling what it calls regulatory circumvention and anti-competitive consolidation.
The modification means Gulf Energy can recoup significantly more of its petroleum costs before profit-sharing with the state begins.
