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Authorities dismantle al-Shabaab uniform supply chain in Eastleigh
Kenyan authorities have successfully disrupted a major Al-Shabaab uniform supply chain in the bustling Eastleigh area of Nairobi, recovering 725 combat uniforms and 1,440 T-shirts in an intelligence-led raid on Wednesday. The operation, conducted by the Anti-Terrorism Police Unit and the Directorate of Criminal Investigations, marks a significant blow to militant logistics in East Africa….
Governor Sakaja confirms City Hall inherited Sh118 billion debt
Nairobi Governor Sakaja Johnson told a Senate committee Monday that he inherited a staggering Sh118 billion ($912 million) in pending bills when he took office in August 2022, a debt mountain he has since trimmed to Sh86 billion. Appearing before the Senate County Public Accounts Committee to answer questions on low budget absorption and stalled…
Kenya snubs IMF loans with Sh588 billion privatisation gains
Kenya has told the International Monetary Fund it does not need its money — at least not before the financial year closes in June. Buoyed by billions of shillings flowing in from asset sales and bond markets, Treasury officials say the country has plenty of room to fund its budget without submitting to the fund’s…
KRA appoints acting Commissioner as Wattanga’s contract ends
The Kenya Revenue Authority has appointed an acting Commissioner General following its decision not to renew the contract of Humphrey Wattanga, marking a pivotal leadership transition at the country’s tax agency. In a statement, KRA Board Chair Ndiritu Muriithi said Wattanga will proceed on terminal leave effective immediately, bringing his tenure to a close after serving…
Uganda seeks $608 million loan for infrastructure projects
Uganda’s government is seeking parliamentary approval to borrow $608 million from international lenders to fund infrastructure development, amid growing concerns over the country’s rising public debt. A document tabled in parliament Tuesday shows the East African nation plans to obtain $448 million from South Africa’s Rand Merchant Bank and $160 million from the Korea Export-Import…
Mombasa family at center of Kenya’s growing fuel scandal
Kenya widening fuel scandal has drawn a prominent Mombasa based business family into the spotlight as investigators deepen their probe into irregular petroleum imports that have cost taxpayers billions of shillings. Detectives from the Directorate of Criminal Investigations are preparing to question businessman Mohamed Jaffer alongside his sons Mujtaba Mohamed Jaffer, Ali Abbas Jaffer and…