Kenya’s debt burden has raised concerns over IMF loan conditions that can require governments to raise taxes or cut spending.

This can put more pressure on taxpayers and leave less money for public services.

Quickmart has terminated consultancy and management contracts with companies linked to its founders ahead of its IPO, after paying Sh208 million in management fees in 2025.

The move aims to strengthen corporate governance and reduce potential conflicts of interest.

Formula 1 has officially announced that the African Grand Prix will be held in Bugesera, Rwanda, from the early 2030s.

This will mark F1’s return to Africa for the first time since 1993.

Formula 1 to return to Africa in the early 2030s after Rwanda signs 10-year deal to host a Grand Prix, the continent’s first since 1993, President Stefano Domenicali confirms.

Nakuru MCAs table motion to impeach two county executive committee members and censure the Chief Officer over alleged gross misconduct and misuse of funds.

Kenya’s government spent Sh209 billion on unbudgeted expenses in FY2025/26, nearly three times the Sh72 billion approved in the previous financial year.

Of the total, Sh188 billion went to recurrent expenses and Sh21 billion to development projects.

Naipa Supermarket is seeking to recover Sh420 million from New KCC over a 2022 distribution deal.

The supermarket has asked the court to stop KCC from selling its assets or moving money in its bank accounts before the dispute is resolved.

The minimum investment for Kenyan investors in Dangote Refinery’s IPO has been cut from Sh107,000 to Sh535.

Each Global Depositary Receipt now costs Sh53.50, allowing investors to start with just 10 receipts.

China’s CRBC has won a Sh3.2 billion contract to upgrade the 7km Old Mombasa Road linking Nairobi’s Inland Container Depot to Syokimau.

The project includes road repairs, drainage improvements and streetlights.

EPRA to release new petrol, diesel and kerosene prices for October-November 2026 via a press conference from 4 PM today.

The Kenya Private Sector Alliance has urged Parliament to reject a proposed internet metering bill.

They say it could increase internet costs, threaten digital jobs and raise concerns about consumer privacy.

FUEL PRICES: EPRA raises cost of petrol by Sh12.93 to Sh226.96 per litre in Nairobi, diesel by Sh9.90 to Sh227.76 and kerosene by Sh28.49 to Sh219.87; new prices take effect until November 14.

President William Ruto has signed two tax laws today.

The first keeps VAT on fuel at 8% for 90 days, with a possible extension for another 90 days. It also changes taxes on some construction materials.

The second adds the managing director of KPA to the KRA board to improve coordination between the two agencies.

Police have accused unnamed politicians of violating the Public Order Act during an incident in Kitale, Trans Nzoia County, on Friday, October 16.

According to the National Police Service, two officers were injured and two government vehicles were damaged during the confrontation.

Police spokesperson Muchiri Nyaga says investigations are underway, warning that politicians found inciting violence, sponsoring criminal gangs or disrupting lawful gatherings will face legal action.

President Ruto appoints former Devolution PS Nelson Marwa as Nairobi River Commission chairperson for a three-year term, replacing Bishop Margaret Wanjiru.

GSU officers occupy property near Eldoret State Lodge owned by former President Daniel arap Moi’s family, lawyer Moses Mutisya confirms.

The Kenya Ports Authority is set to open tenders for private investors to manage and upgrade parts of Mombasa and Lamu ports under deals targeting about Sh129 billion in investment.

The plan will allow private operators to run the facilities while KPA retains ownership.

Kenya is now looking for a private investor to complete the 26-km James Gichuru–Rironi Road at an estimated cost of Sh4 billion.

After completion, the government plans to introduce toll charges for motorists using the road.

Health CS Duale appoints KMPDU Deputy SG Dennis Miskellah to National Ebola Taskforce to support preparedness and response, alongside Ministry officials and a CoG representative.

Makueni County is seeking a private investor to operate its Sh1 billion fruit processing plant at Kalamba under a public-private partnership (PPP).

— The factory processes mangoes into puree, concentrate and ready-to-drink juice, as well as tomato pulp.

— It can process 5 tonnes of mangoes and produce 3,000 litres of puree and concentrate per hour.