(Nairobi, Kenya) – The High Court has temporarily halted the Sh340 billion sale of British multinational Diageo’s entire 65 percent stake in East African Breweries Limited and its holding in spirits maker UDV Kenya to Japanese beverage firm Asahi Group Holdings. At current exchange rates, the transaction is valued atContinue Reading
(Nairobi, Kenya) – The National Treasury has one month to release Sh68.5 billion to county governments before the close of the current financial year, piling fresh pressure on its cash flows amid competing spending demands and a widening budget deficit. At current exchange rates, this amounts to approximately $523 million.Continue Reading
(Nairobi, Kenya) – Kenya would not be facing a heavy repayment burden on the Standard Gauge Railway had the government carried out proper due diligence before starting the project, a new report by Transparency International Kenya has found. The report, titled Corruption Risk Assessment of Infrastructure Projects in Kenya, describesContinue Reading
(Nairobi, Kenya) – Confusion has arisen over the formation of a powerful National Cybersecurity Agency (NCSA) by President William Ruto, amid questions over whether regulations anchoring the unit have secured parliamentary approval and concerns about its wide-ranging mandate. While the Ministry of Interior on Monday announced that it had securedContinue Reading
(MOMBASA, KENYA) – Secondary school principals in Kenya have rejected claims that poor school leadership is the main cause of a wave of arson attacks and student unrest that has affected learning institutions across the country since April. The crisis has led to the deaths of at least 18 learnersContinue Reading
(BUSIA, KENYA) – Senator Okiya Omtatah has said that he is not politically troubled by recent events in Busia County. He has revealed that a committee he formed to assess his suitability for a presidential run will complete its work this month. The report will then be launched in earlyContinue Reading
(NAIROBI, KENYA) – A wide coalition of business leaders, professional associations and political figures is urging lawmakers to adopt a lighter tax framework as Kenya faces a Sh4.82 trillion (approximately $37.08 billion) budget financing gap, mounting public debt and fresh anxiety over public unrest linked to disputed revenue legislation. TheContinue Reading
(NAIROBI, KENYA) – Former Deputy President Rigathi Gachagua has begun a 45 day retreat at his Wamunyoro residence in Nyeri County, a move that will keep him away from political rallies during the crucial Ol Kalou constituency by election campaign period. The by election, set for July 16, 2026, isContinue Reading
(NAIROBI, KENYA) – Members of County Assemblies in at least 17 Kenyan counties received more than Sh600 million in irregular allowances between June 2024 and June 2025, according to a new report by the Auditor General. The findings come despite mounting public calls for restraint in government spending following protestsContinue Reading
(NAIROBI, KENYA) – Students across Kenya are returning to classrooms this week, but for many the resumption of learning comes with a direct financial cost. At several schools affected by a recent wave of unrest, parents are being asked to pay for damage caused by their children before lessons canContinue Reading
