Ruto launches Sh708mn youth fund at Kasarani
NAIROBI, Kenya, Jan 19 – President William Ruto on Monday oversaw the disbursement of Sh708.8 million to 14,176 youth from Nairobi, Kajiado and Kiambu Kenya breaking news | Kenya news today |..
✨ Key Highlights
President William Ruto launched the National Youth Opportunities Towards Advancement (NYOTA) Programme at Kasarani, disbursing Sh708.8 million to 14,176 youth from Nairobi, Kajiado, and Kiambu counties.
- A total of Sh258.4 million was allocated as NYOTA Business Start-Up Capital, with 10,337 young entrepreneurs each receiving an initial Sh25,000.
- Each beneficiary receives Sh22,000 in their Pochi la Biashara mobile account and Sh3,000 into a Haba na Haba Savings Account managed by the National Social Security Fund (NSSF).
- The President emphasized that the program is an "investment in our youth and in the future of Kenya," aiming to empower young people through access to capital and skills development.
- Beneficiaries will receive an additional Sh25,000 in a second phase, totaling Sh50,000 per entrepreneur.
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Kenyan Government Disburses Funds for Youth and Drought Relief; KRA Reports Record Tax Collection - January 2026
President William Ruto launched the National Youth Opportunities Towards Advancement (NYOTA) Programme at Kasarani, disbursing Sh708.8 million to 14,176 youth from Nairobi, Kajiado, and Kiambu counties. In a separate action, the Kenyan government released Sh870.38 million in cash transfers to support 132,780 vulnerable households affected by drought across eight arid counties. The funding aims to boost purchasing power and stabilize food consumption. Meanwhile, the Kenya Revenue Authority (KRA) achieved a record-breaking tax collection of Sh251.52 billion in December 2025. This marks its highest monthly revenue haul ever, representing a 15.88 percent year-on-year growth and surpassing the previous peak from June 2025.
