Kenya’s Treasury is preparing to offer the struggling national carrier Kenya Airways to international investors in a landmark deal valued at up to Sh258 billion ($2 billion), marking the government’s latest attempt to rescue the debt-laden airline from years of financial turmoil.Treasury Cabinet Secretary John Mbadi announced Wednesday that an international expression of interest will…
The Kenyan government’s decision to divest a majority stake in Kenya Pipeline Company represents one of East Africa’s most significant infrastructure privatization initiatives in recent years, offering retail and institutional investors unprecedented access to a critical energy transportation asset. Under the initial public offering scheduled to close Feb. 19, 2026, the government will release 65%…
Kenya’s Orange Democratic Movement ousted its Secretary General Edwin Sifuna on Wednesday, citing concerns over conduct and discipline within the opposition party’s leadership as it prepares for the 2027 general elections.The decision came during a National Executive Committee meeting in the coastal city of Mombasa, where party officials voted to remove Sifuna with immediate effect,…
A self-proclaimed Kenyan preacher at the center of one of the world’s deadliest cult tragedies now faces additional charges linked to 52 more deaths, prosecutors announced Wednesday, deepening a case that has shocked the East African nation and raised urgent questions about religious oversight. Paul Mackenzie and seven co-defendants were charged with organized criminal activity,…
Kenya’s Orange Democratic Movement has launched formal proceedings to exit the Azimio la Umoja One Kenya coalition, escalating a political crisis that threatens to fracture the country’s main opposition alliance ahead of the next general election. The decision, announced following a National Executive Committee meeting in the coastal city of Mombasa, marks the culmination of…
Kenya’s central bank cut its benchmark interest rate by a quarter percentage point on Monday, trimming borrowing costs for the third consecutive quarter as policymakers seek to accelerate economic growth against a backdrop of easing inflation and improving credit conditions. The Monetary Policy Committee of the Central Bank of Kenya lowered the Central Bank Rate…
Former nominated senator and businesswoman Millicent Omanga has abandoned President William Ruto’s ruling United Democratic Alliance party, announcing her support for a coalition of opposition leaders as Kenya’s political landscape shifts ahead of the 2027 general election. Omanga, who played a prominent role in Ruto’s 2022 presidential campaign, made the announcement Friday during a traditional…
Pauline Njoroge, the Jubilee Party’s Deputy Organizing Secretary, has thrown her hat into the ring for Nairobi’s gubernatorial race, positioning herself as a fresh alternative to incumbent Governor Johnson Sakaja. Njoroge announced Wednesday she has begun grassroots tours across the capital city, aiming to understand residents’ needs before formally launching her campaign. The move signals…
Former Law Society of Kenya president Nelson Havi has joined the Democratic Choice Party led by former Deputy President Rigathi Gachagua, marking a significant political realignment as opposition parties position themselves for Kenya’s 2027 general election. Gachagua welcomed the senior counsel Thursday, describing him as a legal heavyweight whose expertise would strengthen the party’s legislative…
Former Kieni Member of Parliament Kanini Kega has officially joined the Democratic Change Party, a political move announced Wednesday by former Deputy President Rigathi Gachagua that could reshape the opposition landscape in Kenya’s Mt Kenya region. Gachagua confirmed Kega’s enrollment through his official X account, describing the DCP as “the home of progressive leaders who…
