The Online Kenyan Logo

The Online Kenyan

HomeTop StoriesLive TVVideosPoliticsBusinessSportsTechEntertainment
HomeTop StoriesLive TVVideos
PoliticsBusinessSportsTechEntertainment

Footer

The Online Kenyan Logo

The Online Kenyan

News & Breaking Headlines

news@theonlinekenyan.com
+254 758 277 017

Follow Us

Explore

DailiesWeekliesTopicsVideosHow to file 2024 KRA Returns

Legal

  • Privacy Policy
  • Terms of Use
  • AI Content Policy

© 2026 The OK Company. All rights reserved.

Made within Kenya
HomeDaily NewsThursday, October 9, 2025Privatization Bill Passed as Public Debt Hits Sh12 Trillion - October 2025
Kenya Politics & Government3 stories from 1 sources

Privatization Bill Passed as Public Debt Hits Sh12 Trillion - October 2025

Kenya's public debt has now reached Sh12 trillion. This new figure was reached after the state borrowed an additional Sh95.5 billion in just five months. The significant increase highlights the growing financial burden on the nation. Concurrently, the Privatization Bill 2025 has been passed by Kenya's National Assembly. The bill aims to provide a legal framework for converting State corporations into commercial enterprises. Its passage occurred despite opposition from some Members of Parliament regarding its hurried nature.

Listen to this coverage2 min

Read aloud by your device

SStandard PoliticsFirst

News Coverage

Thursday 8:06 PMStandard Politics

Privatization Bill sails through Parliament despite opposition from some MPs

Privatization Bill sails through Parliament despite opposition from some MPs

The Privatization Bill 2025 has been passed by Kenya's National Assembly, despite opposition from some Members of Parliament (MPs) regarding its hurried passage. The bill aims to provide a legal framework for converting State corporations into commercial enterprises.

Read Story

Key Highlights

The Privatization Bill 2025 has been passed by Kenya's National Assembly, despite opposition from some Members of Parliament (MPs) regarding its hurried passage. The bill aims to provide a legal framework for converting State corporations into commercial enterprises.

  • The Bill now awaits Presidential assent.
  • Leader of Majority, Kimani Ichung'wah, affirmed that the Bill underwent public participation and ensures parliamentary approval for privatization proposals.
  • The Bill ensures that funds from the sale of shares will go to the consolidated fund and protects State Corporations through the dilution of shares.
  • Marsabit County MP Naomi Waqo described the Bill as “very relevant and timely,” anticipating positive transformations for the country.
Thursday 12:00 AMStandard PoliticsFirst

State borrows Sh95.5b in five months as public debt hits Sh12 trillion

State borrows Sh95.5b in five months as public debt hits Sh12 trillion

Kenya's public debt has reached Sh12 trillion after the state borrowed an additional Sh95.5 billion in just five months. This significant increase highlights the growing financial burden on the nation.

Read Story

Key Highlights

Kenya's public debt has reached Sh12 trillion after the state borrowed an additional Sh95.5 billion in just five months. This significant increase highlights the growing financial burden on the nation.

  • Total public debt now stands at a staggering Sh12 trillion.
  • John Mbadi, Cabinet Secretary for the National Treasury, was involved in discussions regarding budget implementation.
  • The additional borrowing of Sh95.5 billion occurred within a five-month period, accelerating the debt accumulation.
Thursday 8:10 AMStandard Politics

Sh12 trillion debt: State borrows Sh95.5b in five months

Sh12 trillion debt: State borrows Sh95.5b in five months

Kenya's national debt has reached Sh12 trillion, with the government borrowing an additional Sh95.5 billion in just five months.

Read Story

Key Highlights

Kenya's national debt has reached Sh12 trillion, with the government borrowing an additional Sh95.5 billion in just five months.

  • The country's total public debt now stands at a staggering Sh12 trillion.
  • John Mbadi, the Cabinet Secretary for the National Treasury, addressed the National Assembly's Education committee regarding budget implementation.
  • This significant new borrowing of Sh95.5 billion occurred over a five-month period, highlighting accelerated debt accumulation.
Advertisement

More from Thursday, October 9, 2025

Car & General Share Price Surges; Batian Fund Acquires Riverside Towers; Safaricom Expands 5G - October 2025
Business & Economy3 stories

Car & General Share Price Surges; Batian Fund Acquires Riverside Towers; Safaricom Expands 5G - October 2025

T
C
The Kenyan Wall Street, Capital Business
Companies Announce Partnerships and Expansions for AI and Cloud Services - October 2025
Technology & Innovation4 stories

Companies Announce Partnerships and Expansions for AI and Cloud Services - October 2025

T
T
Tech Arena, Techish Kenya
DCI Obtains Court Order to Search for Fisherman Brian Odhiambo in Nakuru - October 2025
Video News3 stories

DCI Obtains Court Order to Search for Fisherman Brian Odhiambo in Nakuru - October 2025

K
C
KTN News (Youtube), Citizen TV (Youtube)
Advertisement

More Stories

Car & General Share Price Surges; Batian Fund Acquires Riverside Towers; Safaricom Expands 5G - October 2025
Business & Economy3 stories

Car & General Share Price Surges; Batian Fund Acquires Riverside Towers; Safaricom Expands 5G - October 2025

T
C
The Kenyan Wall Street, Capital Business
Companies Announce Partnerships and Expansions for AI and Cloud Services - October 2025
Technology & Innovation4 stories

Companies Announce Partnerships and Expansions for AI and Cloud Services - October 2025

T
T
Tech Arena, Techish Kenya
DCI Obtains Court Order to Search for Fisherman Brian Odhiambo in Nakuru - October 2025
Video News3 stories

DCI Obtains Court Order to Search for Fisherman Brian Odhiambo in Nakuru - October 2025

K
C
KTN News (Youtube), Citizen TV (Youtube)
Advertisement