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DP Kindiki defends partial sale of State stakes in Safaricom, Kenya Pipeline

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NTV Kenya (Youtube)
July 6, 2026
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DP Kindiki tells off opposition over National Infrastructure Fund - July 2026

Deputy President Kithure Kindiki has strongly defended the proposed National Infrastructure Fund, aimed at directing proceeds from asset sales into long-term development rather than recurrent expenditure. Kenya's government plans to increase funding for SACCOs by channeling resources through the National Infrastructure Fund (NIF), aiming to bolster the cooperative sector while freeing up national budget space for other priorities. President William Ruto has assented to the Central Bank of Kenya (Amendment) Act, 2026, introducing stricter conditions for banks seeking Emergency Liquidity Assistance from CBK.

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