Public Investments Committee,Senate County Public Accounts and Investments Committee Stories
Mbadi said the arrangements fall outside the budget financing framework and therefore cannot be classified as public debt.
China's strategy leans more on building ties than on coercion, with the Index showing that countries engaged through partnerships and cultural exchang...
The DRC deal follows a major tour by Al Mansour Holding across southern Africa in August, during which it pledged $70 billion (Sh9 trillion) across fo...
Uganda’s leading yield of 13 per cent indicates a robust appetite for its industrial assets, while Kenya’s comparatively lower rate points to concerns...
According to a recent white paper report by the World Economic Forum (WEF), the region receives less than 10 per cent of global investment in this vit...
Yiwu, a county-level city in east China's Zhejiang Province, is a global hub for consumer goods manufacturing, known for offering products that combin...
Agriculture, which employs more than 70 per cent of Ethiopia’s population, is expected to benefit directly from the project through better access to f...
The Auditor-General flagged Sh8.8 million in unsupported general expenses for 2019 due to missing vouchers, despite KSG claiming it had submitted the...
This trend suggests that multinationals are relying more on Kenyan professionals while cautiously expanding their local workforce after the disruption...
Officials argue that speculative real estate projects are exploiting the SEZ programme, potentially undermining its primary purpose of fostering indus...
The announcement on shareholder returns follows an eight per cent year-on-year growth in net profits, rising from Sh29.9 billion in the previous corre...
The report recommends urgent policy reforms to make brownfield investment more attractive and sustainable in this sector, which has the potential to d...
NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in debt, and is at risk of defaulting on loans from major banks.
Governor George Natembeya admitted that there were issues with staff performance and discipline, noting that some officers failed to attend capacity-b...
NOCK’s Chief Executive Officer Leparan Gideon Ole Morintat told the committee that the firm is in a difficult financial state and explained the deal w...
The governor disclosed that the county is in the final stages of clearing permits for a group of Canadian investors who plan to set up an ambitious ‘O...
Among the flagged issues were expenditures outside the designated periods, stalled construction of an engineering tuition block, and failure to comply...
Nairobi International Financial Centre Authority (NIFCA), operating under the National Treasury and led by CEO Daniel Mainda, spearheaded the signing...
Cancer Investments Limited, through its director Mukhtar Ahmed Parkar, accused Robert Alai of invading and taking possession of the property on March...
MPs warned that the Authority’s under-expenditure had undermined its ability to provide effective services.
In recent years, Beijing has deepened cooperation with African countries across a spectrum from agriculture to infrastructure, consolidating its posit...
By the end of April, the outstanding inclusive loans issued to micro and small enterprises reached about 4.77 trillion US dollars, up 11.9 per cent ye...
Prime Cabinet Secretary Musalia Mudavadi said Kenya's diplomacy is guided by national interest, not external pressure.
The company’s director, who had gone to inspect the site, confronted Alai and his group. During the altercation, associates of Alai—allegedly armed wi...
If fully adopted and implemented, the policy aims to raise both public and private investment to at least 25 per cent of the county’s economy by 2030,...
Firms will only be able to deduct 50 per cent of the amount in the first year, with the remaining 50 per cent claimed in two equal instalments of 25 p...
If approved, the revised levy rate is expected to ease pressure on developers, lower overall construction costs, and stimulate investment in both priv...
The committee’s review highlighted the need for strict adherence to the hospital’s policies and procedures, ensuring that such irregularities do not u...
The change is aimed at attracting investment and encouraging deeper participation in Kenya’s financial sector.
