The President has assented to The National Infrastructure Fund Bill, 2026 (National Assembly Bill No. 1 of 2026), which was passed by the National Assembly on Thursday, last week.
The bill establishes the National Infrastructure Fund (NIF), a financing vehicle intended to support large-scale projects such as highways, railways, ports, energy infrastructure, irrigation, and agribusiness. A notable provision links the fund to privatisation proceeds, including revenue from the Kenya Pipeline Company’s initial public offering, estimated at KSh106–107 billion, with shares beginning trading on the Nairobi Securities Exchange (NSE) this Monday. Over time, the fund aims to mobilise resources approaching KSh5 trillion for national infrastructure investment.
The Supreme Court of Kenya is scheduled to hold a special ceremonial sitting this Monday to close the judicial file of the late Mohammed Ibrahim formally. The session serves as a tribute to his service on the court, particularly as a member of the inaugural bench constituted after the promulgation of the Constitution of Kenya 2010.
Such ceremonial sittings are a long-standing judicial tradition that honours the legacy and contributions of distinguished members of the bench. During the proceedings, members of the legal fraternity, the judiciary, and other stakeholders typically deliver tributes reflecting on the judge’s impact on Kenya’s constitutional jurisprudence. The Judiciary of Kenya has also invited the public to submit written tributes through its official communication channels.
Kenya’s media industry is experiencing a structural economic crisis as traditional revenue models weaken. Advertising spending fell from KSh84.9 billion to KSh66.3 billion in 2025, a 22 per cent decline. Television advertising dropped 24 per cent, radio 11 per cent, and print 25 per cent, reflecting shrinking returns for legacy platforms. Betting companies, once major advertisers, cut spending by 89 per cent to KSh131 million after regulatory restrictions. These pressures have triggered layoffs, newsroom restructuring, and bureau closures, while digital advertising is rapidly expanding and projected to overtake television revenue by 2026.
Following initial public offering of shares in the Kenya Pipeline Company, the energy company is epxected to be begin trading on the Nairobi Securities Exchange this Monday. This is after public speculation on whether the offer price of Ksh 9 per share was an overvaluation. Government policy indicates that proceeds from such privatisation initiatives will be channelled into national development through the proposed National Infrastructure Fund, which aims to finance projects in transport, energy, irrigation, and logistics. The IPO has therefore been framed as both a capital-markets milestone and a potential funding source for long-term infrastructure investment.
Kiprono Kittony has been appointed Chairman and Independent Non-Executive Director at Kenya Airways. Kittony is a prominent Kenyan business leader and has served as chairman of the Nairobi Securities Exchange. He is widely recognised for revitalising the Kenya National Chamber of Commerce and Industry, where he previously served as national chairman and helped strengthen the organisation’s influence within Kenya’s business community.
Kittony has also chaired and co-founded several companies, including CreditInfo CRB Kenya, Mtech Limited, Betway Kenya, and Radio Africa Group. Internationally, he advises IFHA, a private equity fund based in Amsterdam, and serves as Vice Chairman of the World Chambers Federation in Paris, representing African business interests. He is also a director at the Central Depository and Settlement Corporation.
Academically, he holds a Bachelor of Commerce and Bachelor of Laws from the University of Nairobi, and a Global Executive MBA jointly offered by the United States International University-Africa and Columbia University. In 2019, he was awarded the Elder of the Order of the Burning Spear by Uhuru Kenyatta for his contributions to business and national development. He is also known for mentoring young entrepreneurs and supporting philanthropic initiatives.