The latest audit by Auditor-General Nancy Gathungu indicates that the Talanta Sports City Stadium project construction cost ballooned by KSh10.85 billion over the originally approved funding — rising from KSh35 billion to KSh45.85 billion. The
A recent audit report by Auditor-General Nancy Gathungu has raised serious financial and procurement questions surrounding the construction of the Talanta Sports City Stadium — a planned 60,000-seat mega stadium in Nairobi intended partly for
Kenya has completed a US$2.25Bn (KSh 290.3Bn) Eurobond to refinance near-term maturities, replacing 2028 and 2032 debt with longer-dated amortising bonds in a move Treasury linked to improving investor confidence following a recent sovereign rating
The Communications Authority of Kenya is planning to procure an ID-to-SIM card verification system that will allow mobile phone users to confirm which numbers are registered under their identity. The response will list numbers associated
Gulf Energy E&P BV has leased a KSh 1.94 billion ($15 million) onshore drilling rig in Abu Dhabi, UAE as it prepares to kick off production from the South Lokichar Basin later this year. “At
The National Social Security Fund(NSSF) sits at the centre of dozens of unresolved court cases and arbitrations that together run into the tens of billions of shillings, even as the state pension scheme reported a
The government has extended the Kenya Pipeline Company’s (KPC) initial public offer by three working days after the Capital Markets Authority approved a revised closing date of February 24, 2026 In addition, certain reserved matters
The Cabinet has endorsed a KSh 4.7 trillion budget for the next financial year and unveiled sweeping payroll reforms after a government audit exposed deep governance failures, cybersecurity gaps and unauthorised payments across the public
The Cabinet has approved a Ksh.4.7 trillion budget for the 2026/27 financial year, surpassing the current fiscal year by Ksh.100 billion. In a Cabinet dispatch on Tuesday, the government set a revenue target of Ksh.3.53
Kenya’s advantage is not built on a single sector or one reform, but steady progress across the investment cycle. Writes John Mwendwa, CEO, Invest Kenya. In a world of complex and shifting supply chains, geopolitical uncertainty,
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