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HomeDaily NewsFriday, June 5, 2026NSSF Defends Pension System After Court Refuses Stay Bid - June 2026
Business & Economy3 stories from 2 sources

NSSF Defends Pension System After Court Refuses Stay Bid - June 2026

The National Social Security Fund (NSSF) is reaffirming that current pension contribution rates remain in effect, despite ongoing court challenges to the NSSF Act, 2013. Kenya's Competition Authority (CAK) and the Public Procurement Regulatory Authority (PPRA) are intensifying efforts to combat tender cartels that inflate government project costs. At the same time, new regulations have significantly increased the minimum wage for domestic workers in Kenya, raising monthly pay to Sh18,047 and introducing penalties for non-compliance.

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Friday 9:10 AMCapital Business

NSSF Defends Pension System After Court Refuses Stay Bid

NSSF Defends Pension System After Court Refuses Stay Bid

The National Social Security Fund (NSSF) is reaffirming that current pension contribution rates remain in effect, despite ongoing court challenges to the NSSF Act, 2013.

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Key Highlights

The National Social Security Fund (NSSF) is reaffirming that current pension contribution rates remain in effect, despite ongoing court challenges to the NSSF Act, 2013.

  • The NSSF Act, 2013 remains operational and binding, with contribution rates from Year Four (4) of the Third Schedule continuing as is.
  • The National Social Security Fund (NSSF) has had its application for a stay on a court judgment dismissed by the Court of Appeal.
  • A previous Employment and Labor Relations Court (ELRC) judgment in September 2022 invalidated key provisions of the NSSF Act, 2013.
  • The NSSF reported its asset base has grown to approximately Sh715 billion as of March 30, 2026.
Thursday 11:31 PMNation BusinessFirst

State agencies partner to root out tender cartels

State agencies partner to root out tender cartels

Kenya's Competition Authority (CAK) and the Public Procurement Regulatory Authority (PPRA) are intensifying efforts to combat tender cartels that inflate government project costs.

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Key Highlights

Kenya's Competition Authority (CAK) and the Public Procurement Regulatory Authority (PPRA) are intensifying efforts to combat tender cartels that inflate government project costs.

  • The crackdown aims to prevent bid rigging, which distorts competition and denies taxpayers value for money.
  • Key players include CAK Director General David Kemei and Treasury Principal Secretary Chris Kiptoo.
  • A significant portion of the government's budget, estimated at 60 per cent or approximately Sh1.68 trillion, is allocated to public procurement, making these processes critical.
Friday 4:59 PMNation Business

New labour rules lift house help minimum wage to Sh18,047

New labour rules lift house help minimum wage to Sh18,047

New regulations have significantly increased the minimum wage for domestic workers in Kenya, raising monthly pay to Sh18,047 and introducing penalties for non-compliance.

Read Story

Key Highlights

New regulations have significantly increased the minimum wage for domestic workers in Kenya, raising monthly pay to Sh18,047 and introducing penalties for non-compliance.

  • The new minimum monthly wage for domestic workers in major cities like Nairobi is now Sh18,047.
  • Labour Cabinet Secretary Alfred Mutua announced the revised rates through a legal notice.
  • Employers found in breach risk a three-month jail term or a Sh50,000 fine.
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