Kenya is pursuing a new financing program with the International Monetary Fund (IMF) to address its budget deficit, following the termination of previous agreements.

• Kenya seeks a new, roughly three-year program with the IMF for medium-term financing and fiscal stability.
• Treasury Principal Secretary Chris Kiptoo confirmed negotiations are underway for a new, distinct program.
• The previous four-year Ksh464.47 billion ($3.6 billion) program ended prematurely after Kenya missed performance targets, costing an estimated Ksh110 billion ($850.9 million) in anticipated funding.

The Kenyan government has launched a significant recruitment drive, announcing over 300 job vacancies across various ministries, state corporations, and public universities to address unemployment.

• Over 300 vacancies are available in sectors including infrastructure, housing, education, and finance.
• Key organizations like the Kenya National Highways Authority (KeNHA), Affordable Housing Board (AHB), and Teachers Service Commission are among those actively recruiting.
• Prospective applicants should note varying application deadlines throughout March and are specifically warned against paying any application fees.

Uganda is set to invest Ksh32.95 billion (USD255.4 million) in Kenya Pipeline Company (KPC) as part of a deal for the Uganda National Oil Company (UNOC) to acquire stakes and secure long-term access to regional fuel transport infrastructure.

• Uganda will invest Ksh32.95 billion in the KPC IPO.
• Key organizations involved are Uganda National Oil Company (UNOC) and Kenya Pipeline Company (KPC).
• The deal grants Uganda control over a significant portion of its petroleum imports transiting through Kenya.

President William Ruto met with EU Ambassador to Kenya Henriette Geiger to discuss deepening trade relations and maximizing benefits from the EU-Kenya Economic Partnership Agreement (EPA).

• Kenya aims to secure duty-free, quota-free access for its products in the EU market under the EPA, which took effect in July 2024.
• Key individuals: President William Ruto and EU Ambassador to Kenya Henriette Geiger.
• Kenya is the first East African Community state to implement the EPA.

Huduma Kenya has issued a strong warning to the public regarding fake recruitment efforts and fraudulent appointment letters circulating online.

• The agency stated that no mass recruitment is currently underway and urged citizens to disregard any purported appointment letters.
• Huduma Kenya is the government agency involved in this warning against fraudsters.
• The fraudsters are issuing fake letters, purportedly signed by the Director General, promising immediate deployment across the country.