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The court found that the government-owned bank breached a 2022 contract with MFI Technology Solutions Limited, which had been tasked with upgrading and maintaining the bank’s core banking system.
Kebs says the 21 days originally set by the Public Procurement Administrative Review Board are too short to carry out a thorough due diligence process.
According to the Treasury, funds raised from the transaction will be channelled to priority sectors including energy, roads, water, airports and digital infrastructure.
With the court’s approval, Multichoice can now ask the Supreme Court to examine a January 2025 ruling that allowed criminal prosecutions against architects and engineers to continue alongside civil litigation and arbitration.
The Energy CS defended the South Lokichar oil development plan before MPs, backing higher cost recovery limits while legislators pressed for debt transparency, cost controls and environmental safeguards.
The partial divestiture is expected to generate approximately Sh204 billion in aggregate proceeds through the divestiture of 15 percent stake in Safaricom at a significant premium of 23.6 percent to the 6-month volume weighted average price ending 2 December 2 2025.
According to the draft document, which is yet to be submitted to Parliament, the allocations place heavy emphasis on development while maintaining large recurrent budgets to support ongoing programmes across the four sectors.
The regulator emphasized that meeting this deadline will allow sufficient time for the review and approval of the accounts by March 31, 2026, in preparation for the SACCOs’ Annual General Meetings (AGMs). "Submission Period is from January to March 15 2026, to allow approval by March 31, 2026.
Insurers are expected to list at least five major clients, each with annual premiums of Sh100 million in the last financial year. The framework applies to visitors staying in Kenya for less than a year, who must have active medical insurance as mandated by the Social Health Insurance Act of 2023.
According to the Kenya National Bureau of Statistics, the trade deficit between January and September 2025 reached Sh475.6 billion, up from Sh407.7 billion during the same period in 2024.
The Ministry of Interior will receive an additional Sh7 billion, raising its budget to Sh42.9 billion, while the police service under Inspector General Douglas Kanja is set for a Sh12 billion boost, bringing its total funding to Sh139 billion.
Bids for the coins will close on January 22, 2026, following a three-year coin minting tender that closed last month, signalling the regulator’s intent to introduce fresh coins. Like most central banks, the CBK routinely withdraws coins and banknotes that have deteriorated over time.