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Originally published by The Standard
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July 8, 2026
12h ago

New Bill locks Kenya's oil, mineral earnings from political use

New Bill locks Kenya's oil, mineral earnings from political use

President Ruto signs Sovereign Wealth Fund Bill, 2026 into law; bill seeks to shield fund from political misuse and public debt obligations...

✨ Key Highlights

President William Ruto has signed the Sovereign Wealth Fund Bill, 2026 into law, establishing a legal framework to safeguard earnings from oil, minerals, and privatization.

  • At least 30 per cent of resources channeled into the fund will be locked away for future generations, protecting savings from misuse

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