Finance minister admits economy is on ‘life support’ and warns Kenyans to brace for even harder times
On reforming state-owned enterprises (GOEs), the cabinet secretary stated that the proposed GOE Bill, 2025, would restructure about 60 commercial state entities to operate under the Companies Act, enabling them to focus on profitability and efficiency. The objective is to shift project development in these institutions from state-driven to private sector-led models, freeing up fiscal resources for social spending.
Kenya’s eating chiefs: Day President Ruto dismissed criticism of his unessential foreign tours and pilferage as ‘noise’
Enormous travel costs extend beyond the national level. Counties incur substantial expenses primarily consisting of domestic travel costs which together with foreign travel totalled Ksh15.4 billion in 2022/23.
