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HomeDaily NewsFriday, June 20, 2025Government Initiatives and Infrastructure Funding
Breaking News & Top Stories4 stories from 2 sources

Government Initiatives and Infrastructure Funding

Kenyan government supports debt-free road solutions; billions secured for construction of 580 roads, while EACC recovers land worth millions.

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Friday 2:10 PMCapital News

Gov’t backs debt-free fix to road crisis via securitization

Gov’t backs debt-free fix to road crisis via securitization

The Kenya Roads Board has implemented a groundbreaking financing model using securitization to address the country's infrastructure crisis without increasing public debt.

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Key Highlights

The Kenya Roads Board has implemented a groundbreaking financing model using securitization to address the country's infrastructure crisis without increasing public debt.

  • They face over Sh175 billion in unpaid bills and more than 580 stalled road projects.
  • Davis Chirchir, the Transport Cabinet Secretary, indicated that they will leverage Sh7 of every Sh25 collected per litre of fuel over the next ten years to raise funds.
  • The initiative allows immediate clearance of contractor arrears and job creation while shielding the public from fuel price hikes.
Friday 12:52 PMCapital NewsFirst

EACC recovers 12 land parcels worth Sh320mn in Kakamega and Bungoma

EACC recovers 12 land parcels worth Sh320mn in Kakamega and Bungoma

The Ethics and Anti-Corruption Commission (EACC) has recovered 12 parcels of prime public land, valued at Sh320 million, in Kakamega and Bungoma counties that were illegally acquired.

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Key Highlights

The Ethics and Anti-Corruption Commission (EACC) has recovered 12 parcels of prime public land, valued at Sh320 million, in Kakamega and Bungoma counties that were illegally acquired.

  • 12 parcels of land were returned to rightful owners
  • Key figure: Eric Ngumbi, EACC Western Regional Manager
  • The EACC is pursuing 56 additional illegally acquired parcels belonging to various government bodies
Friday 2:44 PMKenyans

EACC Recovers 12 Parcels of Grabbed Land Worth Millions

EACC Recovers 12 Parcels of Grabbed Land Worth Millions

The Ethics and Anti-Corruption Commission (EACC) has successfully recovered **12 parcels** of grabbed public land valued at **Ksh320 million** in Bungoma and Kakamega counties.

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Key Highlights

The Ethics and Anti-Corruption Commission (EACC) has successfully recovered **12 parcels** of grabbed public land valued at **Ksh320 million** in Bungoma and Kakamega counties.

  • Recovered land involved government houses illegally acquired by private individuals with the help of public officials.
  • Samson Macharia, the Western Regional Commissioner, emphasized the need for collaboration in combating corruption.
  • The EACC is pursuing **56 more illegally acquired parcels** related to various state departments, highlighting ongoing land grabbing challenges in Western Kenya.
Friday 3:00 PMKenyans

Govt Finally Secures Billions For Construction of 580 Key Roads

Govt Finally Secures Billions For Construction of 580 Key Roads

The Kenyan government has secured Ksh175 billion for the construction of over 580 stalled roads, resuming work after a previous cash crunch. The funding comes from private investors through the Road Maintenance Levy Fund.

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Key Highlights

The Kenyan government has secured Ksh175 billion for the construction of over 580 stalled roads, resuming work after a previous cash crunch. The funding comes from private investors through the Road Maintenance Levy Fund.

  • The government will repay Ksh7 out of every Ksh25 per litre of fuel levy, with no risk of revenue shortfalls for the Kenya Roads Board.
  • The announcement was made by the Ministry of Transport, highlighting a significant step towards improving infrastructure.
  • Current projects include the expansion of the Mombasa–Mtwapa road, which is 42 percent complete and will improve regional connectivity.
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