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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Ruto signs Infrastructure Fund law to unlock Sh5tn development plan
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