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HomeDaily NewsWednesday, November 19, 2025Govt Plans Leasing of PPCK as KSh17B Mombasa Deal & Talanta Stadium Loan Face Scrutiny - November 2025
Breaking News & Top Stories3 stories from 1 sources

Govt Plans Leasing of PPCK as KSh17B Mombasa Deal & Talanta Stadium Loan Face Scrutiny - November 2025

The government is facing scrutiny over several large-scale financial deals and plans. Agriculture Cabinet Secretary Mutahi Kagwe has announced plans to lease the struggling Pyrethrum Processing Company of Kenya (PPCK) to private investors, a decision pending cabinet approval. Meanwhile, Kiharu MP Ndindi Nyoro has alleged the existence of a hidden loan for the Talanta Stadium, claiming it will ultimately cost taxpayers Ksh145 billion. Separately, Nyali MP Mohammed Ali has petitioned the EACC to investigate a Ksh17 billion waste management deal between the Mombasa County Government and a Ghanaian company, citing alleged irregularities and lack of transparency.

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Wednesday 6:32 PMKenyans

Ndindi Nyoro Lists Talanta Stadium Among Ruto’s Hidden Loans

Ndindi Nyoro Lists Talanta Stadium Among Ruto’s Hidden Loans

Kiharu Member of Parliament Ndindi Nyoro has alleged widespread "off the books" government borrowing, including a hidden loan for the Talanta Stadium, which he claims will ultimately cost Kenyan taxpayers Ksh145 billion.

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Key Highlights

Kiharu Member of Parliament Ndindi Nyoro has alleged widespread "off the books" government borrowing, including a hidden loan for the Talanta Stadium, which he claims will ultimately cost Kenyan taxpayers Ksh145 billion.

  • Nyoro stated that the actual debt-to-GDP ratio for Kenya is over 70 per cent, far exceeding official reports, due to concealed obligations.
  • The Talanta Stadium project, whose construction is reportedly 65 per cent complete, involves a Ksh45 billion initial loan to be repaid via the Sports Fund at Ksh500 million per month for 15 years.
  • This repayment plan, according to Nyoro, implies a total interest payment of Ksh100 billion on the stadium's principal, valuing the facility at Ksh145 billion.
Wednesday 9:34 AMKenyansFirst

County on Spot Over Ksh17 Billion Deal With Foreign Company

County on Spot Over Ksh17 Billion Deal With Foreign Company

Nyali MP Mohammed Ali has formally petitioned the Ethics and Anti-Corruption Commission (EACC) to investigate a Ksh17 billion waste management deal between the Mombasa County Government and a Ghanaian company. The MP alleges irregularities in the procurement process and lack of transparency.

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Wednesday 1:09 PMKenyans

Govt Reveals Plan to Lease Another Company

Govt Reveals Plan to Lease Another Company

Agriculture Cabinet Secretary Mutahi Kagwe has announced plans to lease the struggling Pyrethrum Processing Company of Kenya (PPCK) to private investors. This decision, prompted by the company's financial woes and employee consensus, awaits cabinet approval.

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Key Highlights

Agriculture Cabinet Secretary Mutahi Kagwe has announced plans to lease the struggling Pyrethrum Processing Company of Kenya (PPCK) to private investors. This decision, prompted by the company's financial woes and employee consensus, awaits cabinet approval.

  • The PPCK currently generates a mere Ksh35 million annually, with its best performance reaching Ksh60 million, and carries a debt of Ksh3.5 billion.
  • Agriculture Cabinet Secretary Mutahi Kagwe stressed that the government will first clean up PPCK’s balance sheet, value its assets, and perform due diligence before a private operator takes over.
  • The government will immediately clear Ksh10 million owed to farmers for pyrethrum deliveries from August to October.
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Key Highlights

Nyali MP Mohammed Ali has formally petitioned the Ethics and Anti-Corruption Commission (EACC) to investigate a Ksh17 billion waste management deal between the Mombasa County Government and a Ghanaian company. The MP alleges irregularities in the procurement process and lack of transparency.

  • Ksh17 billion is the reported value of the waste management project.
  • Nyali MP Mohammed Ali initiated the petition to the EACC.
  • The MP claims the deal was awarded without approval from the county assembly and without substantial response to his inquiries.