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HomeDaily NewsMonday, March 9, 2026Ruto Signs Infrastructure Fund Law to Unlock Sh5tn Development Plan - March 2026
Business & Economy3 stories from 2 sources

Ruto Signs Infrastructure Fund Law to Unlock Sh5tn Development Plan - March 2026

President William Ruto has signed into law the National Infrastructure Fund (NIF) Bill, 2026, a significant move to finance large-scale development projects through an investment-led approach. The Kisumu port is set to play a larger role in regional trade following a Sh350 million allocation for dredging, enabling it to accommodate bigger vessels amid a surge in cargo traffic. Separately, the National Transport and Safety Authority (NTSA) has launched a new Instant Fines Traffic Management System that automatically issues traffic violation notifications via SMS to motorists.

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Monday 11:30 AMCapital Business

Ruto signs Infrastructure Fund law to unlock Sh5tn development plan

Ruto signs Infrastructure Fund law to unlock Sh5tn development plan

President William Ruto has signed into law the National Infrastructure Fund (NIF) Bill, 2026, a significant move to finance large-scale development projects through an investment-led approach.

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Key Highlights

President William Ruto has signed into law the National Infrastructure Fund (NIF) Bill, 2026, a significant move to finance large-scale development projects through an investment-led approach.

  • The fund aims to mobilize nearly Sh5 trillion over the next decade for key national projects including highways, railways, and ports.
  • Key stakeholders involved include President William Ruto, the National Assembly, and the Treasury Cabinet Secretary.
  • The law introduces stringent oversight mechanisms, including parliamentary approval of the fund's Investment Policy and severe penalties for misappropriation of funds.
Monday 9:15 AMCapital Business

NTSA launches instant traffic fines system

NTSA launches instant traffic fines system

The National Transport and Safety Authority (NTSA) has launched a new Instant Fines Traffic Management System that automatically issues traffic violation notifications via SMS to motorists.

Read Story

Key Highlights

The National Transport and Safety Authority (NTSA) has launched a new Instant Fines Traffic Management System that automatically issues traffic violation notifications via SMS to motorists.

  • Fines must be paid within seven days through KCB Group branches.
  • The system operates automatically without human intervention to enhance transparency, efficiency, and accountability.
  • Failure to pay fines will result in interest charges and prevent access to NTSA service platforms.
Sunday 8:35 PMNation BusinessFirst

Dredging ushers in bigger role for Kisumu port amid trade surge

Dredging ushers in bigger role for Kisumu port amid trade surge

The Kisumu port is set to play a larger role in regional trade following a Sh350 million allocation for dredging, enabling it to accommodate bigger vessels amid a surge in cargo traffic.

Read Story

Key Highlights

The Kisumu port is set to play a larger role in regional trade following a Sh350 million allocation for dredging, enabling it to accommodate bigger vessels amid a surge in cargo traffic.

  • Cargo throughput at Kisumu port increased by nearly 50 per cent last year, handling 496,516 tonnes.
  • The Treasury and the Kenya Ports Authority (KPA) are key stakeholders in this development.
  • The port has undergone significant upgrades since 2019, restoring operations after years of challenges and also benefiting from planned improvements to the Standard Gauge Railway.
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