Wetang’ula oversees Ksh 230 Million payout to former Pan Paper Workers
Speaker Wetang’ula said the payment signalled relief for families whose livelihoods had been disrupted for years following the collapse of Pan Paper after decades of financial turbulence. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
The Kenyan government has released Ksh 230 million to former employees of Pan Paper Mills, addressing long-standing arrears and marking a significant step towards the revival of the region's industrial economy.
- Ksh 230 million was paid out to hundreds of former Pan Paper Mills workers.
- The event was overseen by National Assembly Speaker Moses Wetang’ula and attended by Bungoma Governor Kenneth Lusaka in Webuye.
- The payout signals a fresh start for families affected by the factory's collapse and is credited to investor Narendra Raval (Rai) for reviving the plant, now known as Rai Paper.
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Govt to Close 742 Companies, Privatize KPC, and Pay Ksh 230M to Ex-Pan Paper Workers - November 2025
The Kenyan government has announced plans to close 742 companies, with the Registrar of Companies publishing a gazette notice giving a three-month period for objections before the dissolutions take effect in February. In a separate move impacting a state-owned enterprise, President William Ruto announced that Kenya will privatize the Kenya Pipeline Company (KPC). Kenya plans to divest 65 percent of its stake, allowing Uganda and other regional investors to co-invest after a listing on the Nairobi Securities Exchange. Additionally, the government has released Ksh 230 million to former employees of Pan Paper Mills. This payment addresses long-standing arrears and is considered a significant step toward reviving the region's industrial economy.
