Kenya’s record fuel hike is the trigger consumers needed to inflame muted anger as Middle East crisis bites – analysts
On Tuesday, the country’s energy regulator raised the prices of super petrol and diesel by record margins of Ksh28.69 (about $0.22) per litre and Ksh40.3 per litre, respectively. The effects were immediate. In the public transport sector, operators, commonly known as matatus, raised fares by about 25 percent overnight.
Nyeri County in central angling for Ksh352 million World Bank funding under devolution support programme
KDSP is a four-year programme (2024-2027) financed by the World Bank to support capacity building and technical assistance at five key result areas as identified in the national capacity building framework(NCBF).
Activists accuse IMF of propping Kenya’s ‘borrowing and spending decisions used to sustain political patronage’
They urged the IMF and the World Bank to incorporate demands for better governance in Kenya, not just focus on economic targets, in their assistance programmes.
Blue economy: Kenya collects views from communities along Indian Ocean coast for Marine Spatial Plan development
Dr Jackeline Uku explained that the process will bring together county governments and users of marine resources, to agree on how specific spaces are allocated, helping to minimise potential conflicts between competing activities.
The Africa We Want: World Bank to hold jobs policy meeting in Nairobi to discuss Africa’s skills gap
With global megatrends such as digitalisation, artificial intelligence, green skills and climate change reshaping the future of work, the academy will underscore the urgency of demand-driven, inclusive and high-quality skills systems that can support upskilling, reskilling and lifelong learning for diverse groups, including youth, women in both formal and informal sectors.
Kenya mulls $1 billion ‘debt-for-food’ swap to ease its burgeoning foreign debt portfolio
Kenya, which is East Africa’s biggest economy, had a total public debt equivalent to 67.8 per cent of its gross domestic product at the end of June this year, the Finance Ministry said in the document called an annual borrowing plan.
Mozambique building southern Africa’s biggest electricity project in 50 that will cost $6 billion
Located 60 kilometres (37 miles) downstream from the even larger Cahora Bassa hydroelectric dam along the Zambezi River, the Mphanda Nkuwa plant is expected to generate 1,500 megawatts when it begins operations in 2031. That will help a region facing a 10,000-megawatt deficit that keeps millions from accessing power.
Top officials of Kenya Tea Development Agency face economic crime charges after detectives expose massive looting
KTDA is a private company collectively owned by over 600,000 smallholder tea farmers across 16 counties. These farmers are shareholders in 54 tea companies, which, together with 15 satellite factories, own KTDA Holdings and its eight subsidiaries.
Rattled by violent unemployed youth protests, Kenya moots NYOTA programme to pre-empt restiveness
Cabinet Secretary Salim Mvurya also announced that NYOTA will be fully rolled out during the International Youth Week in August, noting that by then, many applicants will have been certified to begin receiving support. Fikirini echoed the cabinet secretary’s sentiments and urged youth to make use of the available opportunities.
Dire straits: Broke Kenya says it is partnering with private sector eliminate systemic corruption
Currently, there are 20 sectors under KLIF that comprise Kenyan citizens representing watchdog agencies, media, civil society, private sector, faith, professional bodies, regional and sub-regional bodies, development partners, executive, legislature, judiciary, transport, education, labour, county government, anti-corruption agencies, constitutional commissions, regulatory boards, financial services and enforcement.
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