Hard truths. Bold Insights. Real talk.
Financial records presented to Parliament show that UoN is carrying Sh17.2 billion in current liabilities, against current assets worth Sh8.94 billion. This translates into negative working capital of Sh8.25 billion.
Lawmakers on the National Assembly’s Lands Committee have opened an inquiry into a petition alleging fraudulent transfer of a Kilimani land parcel, while calling for accountability after Lands principal secretary Generali Nixon Korir failed to appear before the hearing.
The Fund warned employers and workers against reverting to older contribution levels, explaining that compliance remains mandatory
According to the president, NSSF savings have grown from about Sh312 billion in 2023 to around Sh700 billion by February this year, with projections showing the fund could reach Sh1 trillion in the near future.
During a public forum with residents, Ndindi Nyoro described the government’s plan as a brewing scandal.
The new measure is aimed at improving the welfare of retired workers.