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HomeDaily NewsMonday, March 30, 2026Ministry of Lands Announces 12-Month Waiver on Loans - March 2026
Breaking News & Top Stories3 stories from 2 sources

Ministry of Lands Announces 12-Month Waiver on Loans - March 2026

The Ministry of Lands has announced a 12-month waiver on interest and penalties for outstanding loans issued under Kenya's Land Settlement Fund. This measure aims to provide relief to borrowers struggling with land-related loans. President William Ruto has pledged to intervene and restore properties allegedly fraudulently disinherited from the late former Nyeri Governor Nderitu Gachagua's family, coming after the family sent a letter to the President seeking his assistance. The Telposta Pension Scheme (TPS) will sell part of its extensive property assets to improve cash flow and ensure timely pension payments to its members.

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Monday 9:07 AMKenyans

Ministry of Lands Announces 12-Month Nationwide Waiver on Loans

Ministry of Lands Announces 12-Month Nationwide Waiver on Loans

The Ministry of Lands has announced a 12-month waiver on interest and penalties for outstanding loans issued under Kenya’s Land Settlement Fund.

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Key Highlights

The Ministry of Lands has announced a 12-month waiver on interest and penalties for outstanding loans issued under Kenya’s Land Settlement Fund.

  • Beneficiaries can now clear only the principal loan amounts without additional charges during the moratorium period from February 13, 2026 to February 14, 2027.
  • The waiver was announced by Lands Cabinet Secretary Alice Wahome.
  • This initiative aims to assist settlers and individual plot owners in resolving their land ownership and development, with 520 settlement schemes currently active across 26 counties.
Monday 6:21 AMCapital NewsFirst

Telposta Pension Scheme to Sell Property Assets to Boost Pension Payments

Telposta Pension Scheme to Sell Property Assets to Boost Pension Payments

The Telposta Pension Scheme (TPS) will sell part of its extensive property assets to improve cash flow and ensure timely pension payments to its members. This strategic move comes as TPS aims to comply with the Retirement Benefits Authority (RBA) guidelines and address liquidity issues caused by significant property investments.

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Monday 7:42 AMKenyans

Ruto Vows to Go After Gachagua’s Disputed Properties in New Twist

Ruto Vows to Go After Gachagua’s Disputed Properties in New Twist

President William Ruto has pledged to intervene and restore properties allegedly fraudulently disinherited from the late former Nyeri Governor Nderitu Gachagua's family. This comes after the family sent a letter to the President seeking his assistance.

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Key Highlights

President William Ruto has pledged to intervene and restore properties allegedly fraudulently disinherited from the late former Nyeri Governor Nderitu Gachagua's family. This comes after the family sent a letter to the President seeking his assistance.

  • President Ruto vowed to return the properties, including a hotel in Nairobi and a house in Kilifi, to the rightful beneficiaries.
  • The appeal was made by the immediate family of the late Governor Nderitu Gachagua, who allege fraud and forgery in the management of his estate.
  • Former Deputy President Rigathi Gachagua, brother of the late governor, has dismissed the allegations, stating the succession was conducted legally according to the will.
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Key Highlights

The Telposta Pension Scheme (TPS) will sell part of its extensive property assets to improve cash flow and ensure timely pension payments to its members. This strategic move comes as TPS aims to comply with the Retirement Benefits Authority (RBA) guidelines and address liquidity issues caused by significant property investments.

  • Approximately 80 percent of TPS investments are currently in property, exceeding the RBA's recommended 30 percent limit.
  • TPS Administrator Peter Rotich announced the structured plan to gradually dispose of selected properties.
  • The scheme is owed over Sh276.9 million in unpaid rent as of December 2024, highlighting challenges in property management.