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PIDG commits Sh2.33bn to Kenya’s first industrial REIT
Business

PIDG commits Sh2.33bn to Kenya’s first industrial REIT

Approved by the Capital Markets Authority on 8 December 2025, the ALP REIT holds the distinction of being the first industrial income REIT in East Africa. It introduces a tax-efficient investment structure to Kenya’s industrial real estate sector, opening the market to a broader pool of institutional investors.

Ruto pledges promotion consideration for mentors of President’s Award recipients
News

Ruto pledges promotion consideration for mentors of President’s Award recipients

During the ceremony, President Ruto reaffirmed his strong belief in the potential of Kenya’s youth, describing it as “deep and unshakable.” He said young people have the “capability, the energy, the talent and the resolve to turn our grand ambition into reality,” adding that Kenya’s youth “rank among the very best in the world in terms of our human capital development.”

PHOTO/Kenya Culture
Business

Government pensions set to soar to Sh278 billion in 2026

The Treasury expects retirements to accelerate across education, security services, and long-standing ministries, pushing the number of pensioners on the government payroll beyond 370,000 by 2026, up from about 340,000 in 2023. This surge is expected to inflate both monthly pension payouts and lump-sum gratuities.

Central Bank of Kenya Governor Kamau Thugge.PHOTO/Nairobi Law Monthly
Business

CBK says Safaricom stake sale will not threaten financial stability

CBK Governor Kamau Thugge told the National Assembly’s joint committee on Finance and National Planning and Public Debt and Privatisation that the sale of a 15 percent government stake to South Africa’s Vodacom Group is unlikely to affect M-Pesa, the mobile money service holding more than Sh250 billion in customer funds.