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August 20, 2026
1mo ago

Supreme Court halts recovery of Sh1.5bn in Ruaraka land compensation case

Supreme Court halts recovery of Sh1.5bn in Ruaraka land compensation case

The EACC had moved to recover the Sh1.5 billion after the Court of Appeal decision...

✨ Key Highlights

The Supreme Court has temporarily halted the Ethics and Anti-Corruption Commission (EACC) from recovering Sh1.5 billion paid as compensation for land in Ruaraka.

  • The order stops the recovery of Sh1.5 billion paid for land occupied by Ruaraka High School and Drive-In Primary School.
  • Key parties involved include Huelands Limited, Afrison Export Import Limited, and the EACC.
  • The Supreme Court also barred investigations, arrests, or prosecutions related to the payment and any alterations to the land register pending the case's determination.

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Treasury Seeks to Borrow Ksh151 Billion From World Bank - August 2026

The National Treasury is seeking to secure a substantial Ksh151.2 billion in new funding from the World Bank during the 2026/27 financial year as part of its borrowing plan. Meanwhile, Africa's richest man Aliko Dangote is expected to break ground on a proposed $20 billion refinery and petrochemical complex in Kenya in September, with East African countries offered a 30% equity stake. The Supreme Court has temporarily halted the Ethics and Anti-Corruption Commission (EACC) from recovering Sh1.5 billion paid as compensation for land in Ruaraka.

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