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Kenya's foreign exchange reserves are set to climb to a seven-month high, bolstered by proceeds from the sale of a 15 per cent government stake in telecoms giant Safaricom
Court records indicate KPC, which was recently privatised, has paid Zakhem more than Sh2 billion in interest as the battles drag on.
The National Infrastructure Fund has received the first seed money of Sh103 billion the National Treasury has earned from the sale of the 65 per cent stake in the Kenya Pipeline Company.
Activist Francis Awino files petition seeking removal of Energy CS Opiyo Wandayi over alleged involvement in irregular procurement, importation of substandard fuel valued at Sh4.8b.
Sang was arrested on Thursday, April 2 in connection with an investigation into substandard fuel.
Kenyans missed a valuable opportunity when the State sold Kenya Pipeline Company to fund future projects, illustrating the cost of failing to recognise national assets’ true worth.
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