Sixteen officials of Metropolitan National Sacco have denied defrauding members of the society a staggering Sh14.497 billion. They appeared in a Nairobi court on June 22, 2026, facing a total of nine charges.

• Amount defrauded: Sh14.497 billion
• Key organization: Metropolitan National Sacco
• Context: The officials, many of whom are retired teachers, were released on a bond of Sh200,000, with the magistrate noting their age and health status.

Kenya's government plans to raise Ksh100 billion through green and climate bonds by 2027 to revolutionize its agriculture sector.

• The initiative aims to fund sustainable projects like solar-powered cold chains and regenerative farming, attracting private capital.
• Key organizations involved include the National Treasury, the Agricultural Finance Corporation (AFC), the African Development Bank, and the International Fund for Agricultural Development (IFAD).
• Bonds will offer below-market interest rates of 4-6% with maturities of 5-10 years, backed by carbon credit revenues, and a significant portion of loan guarantees is reserved for women and youth-led enterprises.

The Budget and Appropriations Committee has raised concerns about funding gaps and called for better budget prioritisation across government sectors, warning against inefficiencies and overlapping programmes.

• The committee highlighted a KSh 1.11 billion funding gap in the State Department for Diaspora Affairs.
• Key committees engaged include the Defence, Intelligence and Foreign Relations Committee, Finance and National Planning Committee, and the Administration and Internal Security Committee.
• Specific concerns include underfunding for ASAL programmes, with the Hunger Safety Net facing a shortfall of approximately KSh 4 billion.