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Originally published by The Standard Business
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July 30, 2025
3d ago

State-funded hustlers pension fund fails to take off

State-funded hustlers pension fund fails to take off

The AG has poked holes into the Hustler Fund pension kitty, Kenya National Entrepreneurs Savings Trust (Knest), detailing how the agency gobbles up Sh130 million annually...

✨ Key Highlights

The state-funded Hustler Fund pension scheme, Kenya National Entrepreneurs Savings Trust (Knest), is under scrutiny after the Auditor General revealed it spends Sh130 million annually with minimal achievements.

  • Most important fact or figure from the article: Sh130 million is spent annually by Knest.
  • Key person or organization involved: The Auditor General.
  • Notable detail that adds context: The fund, intended for "hustlers," has failed to "take off."

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