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Radio Generation Kenya

Affordable Housing

“Spare us political conmanship,” Ruto says on privatisation plans
News

“Spare us political conmanship,” Ruto says on privatisation plans

Ruto outlined the benefits of privatisation and divestment, describing them as strategies that raise resources, improve corporate governance, and expand ownership of public assets to ordinary citizens. Highlighting the Kenya Pipeline IPO, he said the move allows Kenyans from all financial backgrounds to hold a stake in a key national asset.

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Hinga: Sh23 billion ready for contractors as housing projects progress
News

Hinga: Sh23 billion ready for contractors as housing projects progress

PS Hinga’s remarks follow a period of growing Housing Levy collections, which have strengthened the funding of affordable housing initiatives. In the 2024/2025 fiscal year, the levy brought in Sh73.2 billion, exceeding the target by Sh10 billion, up from Sh54.2 billion the previous year. The levy had faced earlier legal challenges but was legitimised by the Affordable Housing Act, 2024.

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