Author: Muindi

Dr James Mworia has been appointed founding Chief Executive Officer of the National Infrastructure Fund (NIF), the National Infrastructure Fund Board announced on Monday, September 7, handing him the task of mobilising billions of shillings for the country’s biggest infrastructure projects. The board said the appointment followed a competitive recruitment process and took effect immediately. “The Board of the National Infrastructure Fund is pleased to announce the appointment of Dr James Mworia, MBS, as founding Chief Executive Officer, following a competitive recruitment process with effect from 7 September 2026,” the board said in a statement. What The National Infrastructure Fund…

President William Ruto has ordered India’s Tata Chemicals to end its operations at Lake Magadi, telling residents of Kajiado County that the company has given them nothing in return for decades of mineral extraction. The order lands in the middle of an unresolved legal fight over billions of shillings in county land rates and royalties, and revives questions about a colonial-era mining lease that a Kenyan government extended to 2053 just over two decades ago. Speaking during a tour of southern Kenya on Thursday, Ruto said his government would replace Tata with two new companies. The announcement follows weeks of…

Armed men dragged Standard Group Associate Editor Alex Kiprotich from his car along the Gilgil Nakuru Road on Tuesday night, holding him for roughly nine hours before he was found alive near Masinga Dam in Machakos County. The incident has drawn condemnation from media and rights organisations, who are demanding a transparent police investigation. The Standard Group PLC confirmed Kiprotich was seized shortly before 9:20 pm as he travelled to Nakuru. Video footage that circulated online showed masked men blocking his vehicle before pulling him out. His family and colleagues, unable to reach him for hours, searched through the night.…

Kenya’s High Court has paused the sale of Diageo’s stake in East African Breweries (EABL) to Japan’s Asahi Group Holdings, freezing the ownership structure until two regulatory processes conclude. Justice Francis Gikonyo ordered that EABL’s ownership and control remain as they stood on June 18, 2026. The order holds until the Capital Markets Tribunal rules on a pending appeal and the Competition Authority of Kenya (CAK) finishes its review of the transaction. The ruling extends a legal dispute Khusoko has followed since Diageo and Asahi announced the deal. Courts have fielded challenges from a distributor, a contractor, and now a…

Two of Africa’s largest banking groups spent time making the same argument from different podiums: East Africa has entered a growth cycle that will define the next two decades, and the banks that move fastest will capture it. Equity Group Holdings Managing Director and CEO Dr James Mwangi laid out his case in a sit-down interview after releasing half year results. Standard Bank Group Chief Executive Sim Tshabalala made a similar pitch during a three-day trip to Kenya. Both conversations point to a region that global capital is starting to notice, and both bankers say the money is not the…

Kakuzi Plc, the Nairobi and London listed agribusiness firm, has broken ground on a 30 acre greenhouse complex in Murang’a County, formally moving blueberries from a trial crop into a third commercial superfood line alongside avocado and macadamia. The company said the development follows successful crop trials and variety selection work, and comes as the blueberry division’s half year numbers turned positive for the first time. Trials Clear The Way For Commercial Rollout Kakuzi Managing Director Chris Flowers said the variety selection stage of the blueberry pilot returned strong enough results to justify the investment, with trials showing steady yields…