Treasury goes for UAE loan as IMF cautions of debt situation

The National Treasury Building. [File, Standard Kenya is moving forward with plans to secure a Sh193 billion ($1.5 billion) loan from the United Arab Emirates (UAE). This is despite the International Monetary Fund (IMF) urging caution due to concerns that this could exacerbate the country’s debt situation.  To address these concerns, sources cited by Bloomberg indicate that the Abu Dhabi…

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Former CDF Kibochi, ex-MPs land state jobs

President William Ruto / File Photo President William Ruto has appointed former Chief of Defence Forces General (Rtd) Robert Kibochi as Chairperson of the Board of Directors for Mwai Kibaki Referral Hospital. General Kibochi’s appointment was announced in a Gazette Notice dated November 22, 2024. Kibochi will hold his position for a term of three…

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Why Ruto cancelled Adani JKIA, energy deals

President William Ruto aarioves at Parlaiment for his second State of The Nation Address on November 21, 2024. [Boniface Okendo, Standard] President William Ruto’s decision to cancel the deeply unpopular multi-billion-shilling airport and power transmission deals with troubled Indian conglomerate Adani Group took many by surprise. But it had been long in coming, sources say. A…

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Ruto’s decision on Adani deals clears legal stalemate

The recent cancellation of Adani Group’s infrastructure deals in Kenya has ignited significant discussions surrounding governance, public trust, and the nation’s development trajectory. Homa Bay Town Member of Parliament (MP) Peter Kaluma has defended President William Ruto’s decision, asserting that the cancellation was not influenced by the US indictment of the Indian conglomerate nor a…

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MP Geoffrey Ruku proposes new mega airport in Konza city after JKIA-Adani deal cancellation

Mbeere North Member of Parliament (MP) Geoffrey Ruku has proposed that the national government build a brand new mega airport instead of investing millions in the rehabilitation of Jomo Kenyatta International Airport (JKIA). Speaking during a live breakfast show at K24TV on Friday, November 22, 2024, Ruku suggested that after the cancellation of the JKIA-Adani…

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Adani: Sly Indian deal maker who excited Kenya’s top leadership

Adani Group Chairman Gautam Adani. [AFP] In Nairobi boardrooms, Gautam Adani was regarded as a visionary, a partner capable of transforming Kenya’s infrastructure and addressing critical gaps in the country’s energy and aviation sectors. Yet, on the global stage, Adani’s reputation is sharply contested, with mounting allegations of corruption and fraudulent business practices. Adani’s company,…

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Omtatah urges Kenyans to advocate for solutions and hold Ruto’s administration accountable

Busia Senator Okiya Omtatah has urged Kenyans to advocate for solutions and hold President William Ruto and his administration accountable. In a statement via his official X account, Omtatah on Friday, November 22, 2024, emphasised the importance of accountability stating that every citizenry’s responsibility is to put the ruling government in check for the nation’s…

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Rachel Ruto Plans to End Hunger in Schools with Nationwide Kitchen and Fruit Gardens

First Lady Rachel Ruto has pledged to establish kitchen gardens in all public schools as part of her efforts to support the school feeding program. Speaking at the National World Children’s Day celebration at Kaptembwa Primary School in Nakuru, she launched the “Championing the Voice of Children” initiative. The program focuses on growing short-term, nutritious…

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Netanyahu attacks ICC war crimes arrest warrants

From left to right: Benjamin Netanyahu, Yoav Gallant and Mohammed Deif //PHOTO: Courtesy Israeli Prime Minister Benjamin Netanyahu has condemned as “antisemitic” a decision by the International Criminal Court to issue arrest warrants for war crimes against him and ex-Defence Minister Yoav Gallant. He said the ICC was “falsely” accusing them “of deliberately targeting civilians,…

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