President William Ruto announced plans to establish two new funds: an Infrastructure Fund and a Sovereign Wealth Fund, aimed at securing Kenya's long-term economic stability and promoting prudent investment of public resources.

• The announcement took place in Vihiga County on Sunday, October 5th, reflecting Ruto's administration's commitment to safeguarding the country’s economic future.
• The Sovereign Wealth Fund Bill of 2019, which sought to manage surplus revenues and create a buffer against economic downturns, is expected to be reintroduced.
• The proposed funds coincide with an International Monetary Fund (IMF) mission in Nairobi to discuss a new financial support programme following Kenya’s request for renewed IMF engagement.

Gichugu Technical and Vocational College (TVC) in Kirinyaga County is set to receive 580 new housing units under the government’s Affordable Housing Programme, addressing a long-standing accommodation challenge for students.

• 580 housing units will be constructed, significantly easing student accommodation issues.
• Mr. Kimemia, Principal of Gichugu TVC, welcomed the project, anticipating it will boost student enrollment and provide safe living conditions.
• The college, located near Mount Kenya Forest, has historically relied on private hostel owners, and an area MP, Githinji Gichimu, plans to lobby for additional infrastructure like a school bus.

After a 9-year wait, Steven Nzomo, a qualified teacher since 2013, finally secured a job with the Teachers Service Commission (TSC) thanks to a new digitized recruitment system implemented under President William Ruto's administration.

• The TSC has hired 76,000 teachers in the last two and a half years, a number that would have taken 20 years under the previous system.
• The new digital system allows every trained teacher direct access to recruitment opportunities, promoting transparency and effectiveness, according to TSC Chief Executive Officer Dr. Evalyne Mitei.
• President Ruto announced plans to hire an additional 24,000 teachers by January and has doubled funding for teacher promotions from Ksh 1 billion to Ksh 2 billion annually.