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governance

Civic group warns of ‘Shadow Treasury’ in proposed Sovereign Fund
Business

Civic group warns of ‘Shadow Treasury’ in proposed Sovereign Fund

The Bill seeks to establish a national fund to manage proceeds from strategic resources such as minerals and oil, with the goal of preserving wealth for long-term national benefit. However, Okoa Uchumi said the main concern is not the idea of the fund itself, but how it will be controlled and managed.

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Leadership, financial gaps hit Garissa University, audit finds
News

Leadership, financial gaps hit Garissa University, audit finds

The audit, conducted by Auditor General Nancy Gathungu for the period ending June 30, points out that the university has been functioning without a substantive chancellor since February 2022. During this period, the vice chancellor has only been serving in an acting role, leaving the university without permanent leadership at the top.

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