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HomeDaily NewsTuesday, September 8, 2026Corporate Debt and Agricultural Decline Burden Western Kenya - September 2026
Business & Economy3 stories from 2 sources

Corporate Debt and Agricultural Decline Burden Western Kenya - September 2026

Mining Cabinet Secretary Ali Joho announced that Tata Chemicals Magadi owes Kajiado County Government approximately Sh17 billion and the local community Sh1 billion. A Senate report exposed severe challenges crushing sugarcane farmers in Western Kenya, revealing a significant decline in the once-vibrant sub-sector despite ongoing reforms. The HEVA Fund provided crucial financial support to Story Zetu, a Kenyan theatre company, enabling its expansion and professionalization.

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Tuesday 9:11 AMCapital Business

Joho says Tata Chemicals Magadi owes Kajiado County Sh17bn, community Sh1bn

Joho says Tata Chemicals Magadi owes Kajiado County Sh17bn, community Sh1bn

Mining Cabinet Secretary Ali Joho has announced that Tata Chemicals Magadi owes Kajiado County Government approximately Sh17 billion and the local community Sh1 billion.

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Key Highlights

Mining Cabinet Secretary Ali Joho has announced that Tata Chemicals Magadi owes Kajiado County Government approximately Sh17 billion and the local community Sh1 billion.

  • Sh17 billion claimed by Kajiado County and Sh1 billion by the local community.
  • Tata Chemicals Magadi, Mining Cabinet Secretary Ali Joho, and President William Ruto are key figures.
  • The government will re-advertise management of Lake Magadi operations, requiring new investors to demonstrate community and national benefit.
Monday 9:20 PMCapital BusinessFirst

The HEVA Fund bet that helped Story Zetu take Kenyan theatre to bigger stages

The HEVA Fund bet that helped Story Zetu take Kenyan theatre to bigger stages

The HEVA Fund provided crucial financial support to Story Zetu, a Kenyan theatre company, enabling its expansion and professionalization.

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Key Highlights

The HEVA Fund provided crucial financial support to Story Zetu, a Kenyan theatre company, enabling its expansion and professionalization.

  • The HEVA Fund provided a facility combining a grant with zero-rated financing, essential for Story Zetu's ambitious productions like "Tom Mboya."
  • Key figures include Gathoni Kimuyu, producer at Story Zetu, and the HEVA Fund.
  • Initially facing rejection for television, Story Zetu found success in theatre, demonstrating a strong audience appetite for Kenyan stories.
  • This support allowed Story Zetu to increase its production capacity, pay practitioners higher rates (tripling pay by 2025-2026), and professionalize its operations.
Monday 9:34 PMNation Business

Senate report exposes burden crushing sugar farmers

Senate report exposes burden crushing sugar farmers

A Senate report has exposed the severe challenges crushing sugarcane farmers in Western Kenya, revealing a significant decline in the once-vibrant sub-sector. Farmers are facing numerous hardships despite ongoing reforms, leading to substantial financial losses.

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Key Highlights

A Senate report has exposed the severe challenges crushing sugarcane farmers in Western Kenya, revealing a significant decline in the once-vibrant sub-sector. Farmers are facing numerous hardships despite ongoing reforms, leading to substantial financial losses.

  • Farmers have incurred cumulative losses estimated at Sh46 billion between 2014 and 2024.
  • The Senate's Agriculture Committee, chaired by Bungoma Senator David Wakoli, highlighted issues like delayed payments, exploitation, and rising production costs.
  • Key problems include widespread fraud at weighbridges, a problematic harvesting permit system, and the systematic withholding of farmers' retention funds, now exceeding Sh500 million.
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