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HomeDaily NewsThursday, December 18, 2025Kenyan Government Acts on Infrastructure Funding, Tax Policy, and Construction Safety - December 2025
Business & Economy4 stories from 1 sources

Kenyan Government Acts on Infrastructure Funding, Tax Policy, and Construction Safety - December 2025

President William Ruto is urging Members of Parliament to pass the National Infrastructure Fund Bill, which he says will unlock Sh5 trillion for national development. In a separate move, the National Treasury of Kenya has invited public participation for tax policy proposals for the 2026/27 financial year budget. Additionally, the National Construction Authority (NCA) has halted construction at a residential development on Peponi Road in Westlands, Nairobi, following a structural failure on Monday, December 15. On the topic of procurement, a UNICEF-Giga report noted that Kenya's decision to open up the process for school internet connectivity has drastically reduced broadband costs.

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Thursday 4:32 PMCapital Business

Ruto pushes MPs to pass Sh5tn National Infrastructure Fund

Ruto pushes MPs to pass Sh5tn National Infrastructure Fund

President William Ruto is urging Members of Parliament to pass the National Infrastructure Fund Bill, which he says will unlock Sh5 trillion for national development, especially in marginalized regions.

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Key Highlights

President William Ruto is urging Members of Parliament to pass the National Infrastructure Fund Bill, which he says will unlock Sh5 trillion for national development, especially in marginalized regions.

  • The fund aims to finance large-scale infrastructure projects and address development disparities.
  • The National Infrastructure Fund is expected to mobilize long-term capital for projects in roads, energy, and water.
  • President Ruto emphasized the need to change the nation's development model.
Thursday 7:06 AMCapital BusinessFirst

NCA suspends works after structural failure in Westlands

NCA suspends works after structural failure in Westlands

The National Construction Authority (NCA) has halted construction at a proposed residential development on Peponi Road in Westlands, Nairobi, after a structural failure on Monday, December 15.

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Key Highlights

The National Construction Authority (NCA) has halted construction at a proposed residential development on Peponi Road in Westlands, Nairobi, after a structural failure on Monday, December 15.

  • The project, registered on September 27, 2024, was designed to have three basement levels and 13 suspended floors.
  • The contractor is Meraki Universal Building Limited, with architect Peter Kamau Mwangi and structural engineer Samuel Maina Wairimu on the team.
  • A multi-agency committee has been formed to evaluate the structure for potential salvage or controlled demolition, with occupants of neighboring premises advised to temporarily vacate.
Thursday 11:00 AMCapital Business

Treasury seeks public input on 2026/27 tax proposals

Treasury seeks public input on 2026/27 tax proposals

The National Treasury of Kenya has invited public participation for tax policy proposals for the 2026/27 financial year budget.

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Key Highlights

The National Treasury of Kenya has invited public participation for tax policy proposals for the 2026/27 financial year budget.

  • Proposals should focus on specific amendments to existing tax laws for consideration in the Finance Bill 2026.
  • The call is open to various stakeholders, including national and county governments, civil society organisations, and the private sector.
  • This initiative is rooted in constitutional and legal requirements for public participation in financial policymaking.
Thursday 1:00 PMCapital Business

School internet costs drop after procurement reforms

School internet costs drop after procurement reforms

Kenya's decision to open up procurement for school internet connectivity has drastically reduced broadband costs, demonstrating how competition-led reforms can yield substantial fiscal savings, according to a UNICEF-Giga report.

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Key Highlights

Kenya's decision to open up procurement for school internet connectivity has drastically reduced broadband costs, demonstrating how competition-led reforms can yield substantial fiscal savings, according to a UNICEF-Giga report.

  • The monthly cost of connecting public schools has dropped to about $45, a reduction of up to 60 percent from estimated legacy prices of $110 to $120 or more.
  • Charles Otine, UNICEF’s Innovation Manager in Kenya, emphasized that connectivity at around $50 per month is a "game-changer."
  • So far, 609 schools have been connected, with seven firms currently under long-term agreements through the end of 2025, and contracts for an additional 19 providers expected by Q2 2025.
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