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HomeDaily NewsThursday, May 14, 2026French Firm CMA CGM to Invest Sh105bn in Mombasa Port Upgrade - May 2026
Business & Economy6 stories from 4 sources

French Firm CMA CGM to Invest Sh105bn in Mombasa Port Upgrade - May 2026

French shipping giant CMA CGM will invest $820 million (Sh105 billion) to upgrade and expand two terminals at the Port of Mombasa, representing a major infrastructure boost for Kenya's maritime trade capacity. Staff at the Kenya Ports Authority are expressing anxiety regarding job security following the release of new leasing and labour contracts, raising concerns about workforce implications of the expansion. Meanwhile, Members of Parliament are raising alarms over the proposed 2026/27 budget that allocates zero funds to critical tourism agencies, potentially hindering Kenya's tourism growth which relies heavily on port and transport infrastructure.

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Wednesday 8:24 PMNation BusinessFirst

French firm to invest Sh105bn in Mombasa Port upgrade

French firm to invest Sh105bn in Mombasa Port upgrade

French shipping giant CMA CGM will invest $820 million (Sh105 billion) to upgrade and expand two terminals at the Port of Mombasa, Kenya.

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Key Highlights

French shipping giant CMA CGM will invest $820 million (Sh105 billion) to upgrade and expand two terminals at the Port of Mombasa, Kenya.

  • Investment of $820 million to modernize two terminals at the Port of Mombasa.
  • The deal was signed between CMA CGM and the Kenyan government on the sidelines of the Africa Forward Summit in Nairobi.
  • The upgrade aims to increase cargo-handling capacity, strengthen regional trade, and improve Kenya's global shipping connectivity.
Wednesday 9:58 PMCitizen TV (Youtube)

KPA staff raise concerns over job security amid new leasing and labour contracts

Staff at the Kenya Ports Authority are expressing anxiety regarding job security following the release of new leasing and labour contracts.

Key Highlights

Staff at the Kenya Ports Authority are expressing anxiety regarding job security following the release of new leasing and labour contracts.

  • Concerns are fueled by the publication of tender documents for equipment leasing and labour provision.
  • Kenya Ports Authority staff are at the center of these concerns.
  • The Managing Director, William Ruto, had previously made statements indicating potential changes under new contracts.
Wednesday 10:03 PMCitizen TV (Youtube)

African media stakeholders reject calls for state bailouts

African media stakeholders reject calls for state bailouts

African media stakeholders reject calls for state bailouts

African media stakeholders at the Pan African Media Summit have strongly rejected proposals for government bailouts for struggling traditional media outlets.

Key Highlights

African media stakeholders at the Pan African Media Summit have strongly rejected proposals for government bailouts for struggling traditional media outlets.

  • The rejection centers on concerns that state financial support could compromise editorial independence.
  • Key stakeholders emphasized the need for measures that bolster media safety instead.
  • Participants warned against dependence on government funding, advocating for alternative sustainability models.
Wednesday 10:21 PMThe Star (Youtube)

You shouldn't incite Marsabit, Wajir against each other over proposed multi-agency command centre

You shouldn't incite Marsabit, Wajir against each other over proposed multi-agency command centre

You shouldn't incite Marsabit, Wajir against each other over proposed multi-agency command centre

Wajir Governor Ahmed Abdullahi has urged leaders to refrain from inciting Marsabit and Wajir counties against each other regarding the proposed Basir multi-agency command centre.

Key Highlights

Wajir Governor Ahmed Abdullahi has urged leaders to refrain from inciting Marsabit and Wajir counties against each other regarding the proposed Basir multi-agency command centre.

  • The Governor stressed the importance of cooperation over incitement.
  • The key individuals involved are Wajir Governor Ahmed Abdullahi and leaders from Marsabit and Wajir counties.
  • The controversy surrounds the proposed Basir multi-agency command centre.
Wednesday 10:54 PMCitizen TV (Youtube)

Tobacco control bill sparks debate over regulation of new nicotine products

Tobacco control bill sparks debate over regulation of new nicotine products

Tobacco control bill sparks debate over regulation of new nicotine products

A proposed Tobacco Control Amendment Bill 2024 has ignited a significant debate in Kenya concerning the regulation of new nicotine products.

Key Highlights

A proposed Tobacco Control Amendment Bill 2024 has ignited a significant debate in Kenya concerning the regulation of new nicotine products.

  • The central question is whether emerging products like vapes and nicotine pouches should be governed by the same rules as traditional cigarettes.
  • Key stakeholders involved in the debate include health experts and policymakers.
  • The discussion highlights the need to update existing legislation to address the evolving landscape of nicotine consumption.
Thursday 8:15 AMCapital Business

MPs raise alarm over zero budget for tourism agencies

MPs raise alarm over zero budget for tourism agencies

Members of Parliament are raising alarms over the proposed 2026/27 budget that allocates zero funds to critical tourism agencies, potentially hindering Kenya's tourism growth.

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Key Highlights

Members of Parliament are raising alarms over the proposed 2026/27 budget that allocates zero funds to critical tourism agencies, potentially hindering Kenya's tourism growth.

  • The National Assembly Departmental Committee on Tourism and Wildlife is concerned about the lack of funding for agencies like the Tourism Regulatory Authority, Kenya Tourism Board, and Kenya Utalii College.
  • Key figures involved include committee chair Kareke Mbiuki and Tourism Cabinet Secretary Rebecca Miano.
  • The State Department for Tourism has been allocated Sh17.9 billion, but the absence of funding for essential semi-autonomous government agencies (SAGAs) is the primary point of contention.
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