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