Finance experts hail decision to liquidate Kenya Railways’ $123 million assets
The plan by the Ruto administration, it is feared, is a discreet plot to acquire state-owned assets a throw-away price. A similar scheme was witnessed during the aborted discharge of Kenya Airports Authority (KAA) land to Indian investor, Adani Group. During the controversy, civil servants in the governments and president Ruto political allies were called out, forcing the government hastily
Overseas recruitment agencies at Kenyan coast push for recognition by government
KAPEA Vice Chairman Patrick Mburu also appealed to the government to protect the association from interference, citing recent attempts by disgruntled individuals to forge minutes in a bid to stage a hostile takeover. Luckily, their efforts were thwarted by the Registrar of Societies.
