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Big win for Ruto as court clears path for sale of key State firms

President William Ruto’s administration scored a major legal victory after the High Court declared the Privatisation Act 2025 constitutional, paving the way for the sale of key State corporations.
By Nancy Gitonga 9h ago
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PwC has launched a search for buyers to acquire the business or assets of the collapsed Koko Networks Ltd, as administrators move to recover value for creditors.
By Brian Ngugi 11h ago
The High Court has cleared the way for the government to proceed with the privatisation of Kenya Pipeline Company, dismissing petitions that sought to block the sale of the state corporation.
By Nancy Gitonga 1d ago
Judge says petitioners failed to discharge the burden of proving a constitutional violation, and thus, the Privatisation Act 2025 is hereby declared constitutional and valid in its entirety.
By Nancy Gitonga 1d ago
Kenya's mid-tier banks are strengthening ties with savings cooperatives as tighter regulation raises compliance costs for smaller SACCOs.
By David Njaaga 2d ago
The Indian High Commissioner to Kenya Adarsh Swaika toured the Coastal Special Economic Zones corridor to inspect the multi-billion emerging industrial opportunities.
By Joackim Bwana 2d ago
Even with the conclusion of public hearings on the sale of Safaricom shares, Kiharu MP Ndindi Nyoro insists that the sale must be halted immediately and advertised internationally.
By Irene Githinji 3d ago
The government is expected to earn between Sh136 billion and Sh371 billion once the South Lokichar oil project begins full development and production of oil in Turkana County.
By Edwin Nyarangi 3d ago
Tuk-tuk operators can now cut their daily fuel costs by up to 30 per cent after a technology firm unveiled an electric three-wheeler that swaps batteries rather than refuelling with diesel.
By Benard Orwongo 3d ago
The National Treasury’s 2025 Debt Sustainability Analysis (DSA) has shown that Kenya’s public debt remains sustainable but with high risk of distress.
By Irene Githinji 4d ago
Kenyan insurers are accelerating a strategic shift away from brick and mortar assets, offloading expensive land holdings to boost liquidity and comply with regulatory demands.
By Brian Ngugi 4d ago
Local petroleum exploration firm Gulf Energy is seeking to start the production of crude oil by December, even as it pledged to maintain international best practice in the process.
By Irene Githinji 4d ago
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