Naphtaly Rono named Financial Reporting Centre DG
In a Gazette Notice, Mbadi announced that Rono will serve a six-year term. Kenya breaking news | Kenya news today |..
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Naphtaly Kipchirchir Rono has been appointed the new Director-General of the Financial Reporting Centre (FRC) for a six-year term.
- The appointment was announced by National Treasury Cabinet Secretary John Mbadi.
- Naphtaly Kipchirchir Rono previously served as Head of Legal Affairs at the National Intelligence Service (NIS).
- His appointment comes as Kenya seeks to strengthen its anti-money laundering and counter-terrorism financing framework, following its placement on the FATF grey list in 2024.
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Treasury Moves to Tame Predatory Digital Lenders - February 2026
The Kenyan National Treasury is implementing new measures to regulate predatory digital lenders, aiming to protect consumers from exorbitant interest rates and unethical practices. At the same time, Treasury Cabinet Secretary John Mbadi has submitted key documents to Parliament regarding the proposed sale of 15% of the government's stake in Safaricom to Vodacom South Africa. Additionally, Naphtaly Kipchirchir Rono has been appointed the new Director-General of the Financial Reporting Centre (FRC) for a six-year term. Separately, Pesalink, Kenya's instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to streamline cross-border payments across Africa.
