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Senate blocks Governors’ bid for direct market borrowing
News

Senate blocks Governors’ bid for direct market borrowing

At present, counties cannot obtain loans directly unless the National Treasury guarantees the borrowing. The Public Finance Management Act requires the national government to oversee and guarantee borrowing for state bodies, including counties, to safeguard public finances.

President William Ruto speaking during a church service at Jesus Christ Compassion Ministry, Ruiru, Kiambu County, on February 22, 2026/PCS
News

Ruto to appoint new Kenya Airways Board

President William Ruto has announced plans to appoint a new Kenya Airways board this week, signalling a fresh push to transform the national carrier and align it with his wider economic reforms.