US-based pre-seed investor Madica has committed to backing five new #startups in Africa, boosting its presence across the continent https://t.co/Baerggk3sY
This is wrong and actually illegal.
All candidates and political parties have a RIGHT to have agents at polling stations. Incitements of this kind are counterproductive because Ruto can also illegally use state agents to lock others from having agents in his perceived areas.
Public debt has become a subject of general interest, which is a very good thing. The current debate is however very badly misinformed. Aaron has done a splendid job of making a highly technical subject accessible to the general public.
There is a liver and pancreas epidemic wiping out Kenyan men right now and the silence is deafening.
Nobody is talking about it.
Nobody is panicking.
But we are still burying people.
The cause?
Kenyan alcohol.
This month ALONE I’ve counted 8 friends admitted with liver or pancreatic damage.
Eight. Bloated stomachs, abdominal pain so severe it won’t subside no matter what the doctors do.
The UK has put Kenya on a watchlist for dangerous alcohol.
Rwanda has banned some of our liquor outright.
Other countries are shutting it out too.
The whole world can see what’s poisoning us and we’re still pouring it.
A few years ago we buried a brilliant CEO. Liver destroyed by drink.
By the time the doctors understood what was happening, he was already dead.
Getting a legit drink in this country is now a gamble with your life.
I have friends who will only drink in ONE place they trust, because everywhere else is a coin toss between a night out and a hospital bed.
The doctors aren’t sugarcoating it anymore.
They’re telling survivors: “Take one sip and tell your family where you want to be buried.”
Drink the same brand abroad and it tastes like heaven.
Same label. Same bottle. Different poison.
That’s how we know it’s us.
We cannot keep killing our own people for profit.
I am tired of visiting friends in hospital for alcohol poisoning.
How many more before somebody cracks down on this madness? @InteriorKE@kipmurkomen@NACADAKenya
1/2 We have a high public debt burden and face significant debt servicing costs. We continue to run fiscal deficit. We have substantial needs in health, educ,water and infrastructure. We have not generated large revenues from resources. shouldn't paying off the expensive debts
Activists: We don’t get paid for activism
Jeff: What do you for a living?
Activist 1: I am a human rights defender…
Jeff: But what do you do? What’s your day job?
Activist 1: Eeheee I am..
*Next*
Jeff: How do you make your bread?
Activist 2: I am a full time revolutionist..
Business Daily | July 6, 2026
— Kenya’s restructuring of the SGR loan will reduce debt service by KES 21.61B, with annual repayments falling from KES 129.35B to KES 107.74B after converting three USD-denominated loans into renminbi.
— The government’s parastatal reforms could eliminate 15 CEO positions through mergers and closures, targeting lower administrative costs and improved efficiency across state corporations.
— Oil markets remain on edge over disruptions in South Sudan, where sanctions and conflict threaten exports through Kenya’s Lamu Port–South Sudan–Ethiopia Transport (LAPSSET) corridor.
— Absa Group of South Africa will accept offers of 10,000 shares and below for every shareholder in its purchase of an additional 16.5% stake in Absa Bank Kenya, sparing small investors the pain of rejections in case of oversubscription.
— Centum and Mi Vida Homes plan to raise capital through Kenya's first private-sector real estate asset-backed security, unlocking long-term funding for housing projects by securitizing future rental income.
We welcome very much the decision of
Israel to vacate the inclusion of
Kenya from the list of countries subject to Ebola related restrictions. We are grateful for your sensitivity, friendship and partnership. @IsraelinKenya@ForeignOfficeKE@MOH_Kenya
Gachagua statement is on POINT. One, the courts INSULTED his intelligence when they offered him 50 million. Give it to the poor. Two, this man will be on the BALLOT in 2027. Kalonzo and Matiangi MUST climb down. QUESTION: Is Kalonzo SAFE with Ruto or Riggy? Think about it.
Police in Uganda have arrested a dress belonging to Parliament Speaker Anita Among. The designer outfit, which she wore during President Museveni's recent swearing-in, was reportedly purchased for Ksh. 1.1 million. Among is facing corruption allegations.
DKM
Frame 1 is Kenol- Nyeri dual road
Frame 2 is Nairobi- Nakuru highway
Somebody somewhere is saying dualing of Frame 2 is a waste of money but it was very ok to dual frame 1. Just look at the traffic between the two.
Summary of the Talanta Stadium Financing Deal:
—Linzi FinCo 003 Trust successfully raised KES 44.791 billion through a fully subscribed infrastructure asset-backed securities (IABS) issuance:
— Proceeds will fund the construction of the Talanta Sports Complex under a KES 28 billion EPC contract awarded to China Road and Bridge Corporation (CRBC).
— Funds will be disbursed to CRBC based on interim payment certificates (IPCs), aligning payments with verified project milestones under the EPC contract.
— Investors will be repaid through securitized cash flows assigned from the Sports, Arts and Development Fund (SASDF), backed by dedicated statutory inflows.
— The transaction targeted qualified institutional investors via a restricted public offer and was backed by receivables earmarked for Sports Kenya.
— Strong demand amid cautious liquidity conditions highlights growing market confidence in securitized, ring-fenced public infrastructure financing.
— Early-bird subscribers received guaranteed 50% allocations, with remaining bids allotted on a pro-rata basis.
— The 15-year notes offer a 15.04% fixed annual return, maturing in 2040 and rated AA(KE)(IR) by GCR Moody’s.
— Credit enhancements include a fully funded Debt Service Reserve Account (DSRA) sized to cover three months of scheduled debt service.
— The notes will be listed on the Nairobi Securities Exchange’s Restricted Fixed Income Market Sub-Segment (RFISMS) on 8 July 2025.
— Minimum trading denominations are KES 100,000, supporting institutional participation and secondary market liquidity.
— The Ministry of Defence acts as the contracting authority, overseeing compliance and coordination with the contractor.
— The transaction sets a precedent for future infrastructure ABS deals in Kenya by blending project-linked funding with predictable, statutory-backed repayment streams.
— KCB Investment Bank, Liaison Financial Services, and CPF Capital & Advisory led structuring and placement efforts.
— Legal, financial, and operational support was provided by KN Law LLP, Ernst & Young LLP, Image Registrars, Ropat Trust Company Ltd, and other appointed parties.