Peter Mburu
Journalist at Daily Nation
Journalist @NationAfrica @Taifa_Leo #2023 AJEA Finalist
Articles
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6 days ago |
nation.africa | Peter Mburu
The National Treasury is considering tightening the withdrawal of billions of shillings collected by public entities through the e-citizen by bringing the money under the purview of the Controller of Budget (CoB). This would force public entities to seek approval from CoB Margaret Nyakang'o to access money paid to them for service delivery, a move the Treasury believes will curb the misuse of public funds.
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6 days ago |
nation.africa | Peter Mburu
A State-backed crop insurance initiative is flopping as farmers quit paying premiums on frustrations of non-payment of compensation, an audit has revealed. At least 355,876 (86.4 per cent) of growers quit the initiative between 2021 and 2023, dealing a blow to the government’s goal of de-risking farming and encouraging them to improve agricultural production.
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1 week ago |
businessdailyafrica.com | Peter Mburu
Kenya is eyeing more forays in Africa and the European Union to find an alternative market to the US, amid fears that President Donald Trump’s radical trade policies will hit exporters servicing the American market. The Ministry of Industry, Trade, and Investment (MITI) said it is exploring the EU, where Kenya already has an active Economic Partnership Agreement (EPA), to absorb exports that will lose the US market, terming Trump’s tariffs as an opportunity for a reset.
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1 week ago |
businessdailyafrica.com | Peter Mburu
The government is struggling to monitor the construction of County Aggregation Industrial Parks (CAIPS) amid a cash crunch that has threatened one of President William Ruto’s key promises.
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1 week ago |
nation.africa | Peter Mburu
What you need to know:The Auditor-General said recipients of the payouts by Ketraco remained unclear, raising questions on the legitimacy of the payments. Ketraco has been implementing construction of transmission lines valued at billions of shillings across different parts of the country.
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Ruto is pursuing extension of #SGR from Naivasha-Malaba at a $5.3B cost, but as he pursues this project, the current Mombasa-Naivasha line has unviable over the 7 years it's been in operation, its assets are depreciating fast and China-Kenya have been secretive. https://t.co/tsErlkn2j7
Amid growing concerns over the impact Ksh.10.5 trillion Kenya’s Debt has had, & with reports that much of the debt can't be traced to projects, the World Bank & IMF have confronted claims of reckless lending to Kenya, even as audits and budget reports faulttheir projects, costs. https://t.co/kDaFrXsSmY
IRA places Invesco Assuranceunder Statutory Management https://t.co/bEwKFtkhJa