Search

Economy

Treasury Locks Out Parastatals from Bidding on Security Tenders in Procurement Shake-Up

3 min Read Time

NAIROBI — The National Treasury is tightening the screws on State corporations, announcing plans to bar them from bidding for sensitive security contracts in a move expected to rattle the multibillion-shilling government procurement landscape. The directive, which will be anchored in updated public procurement regulations, targets parastatals that have increasingly ventured into supplying goods such as military-grade uniforms, arms, ammunition, and surveillance equipment — areas traditionally reserved for specialized security agencies and vetted private firms. This policy shift, according to insiders at the Treasury, is driven by rising.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Kenya’s Domestic Debt Surges to Sh6.2 Trillion, Raising Economic Concerns 
Economy

Kenya’s Domestic Debt Surges to Sh6.2 Trillion, Raising Economic Concerns 

Kenya’s domestic debt has surpassed Sh6.2 trillion, a significant increase from Sh4.4 trillion when President William Ruto’s administration took office in September 2022. This 41%...

Read article
MPs Oppose Fertiliser Tax Shift in Finance Bill 2025, Warn of Food Price Surge
Economy

MPs Oppose Fertiliser Tax Shift in Finance Bill 2025, Warn of Food Price Surge

A storm is brewing in Parliament over a controversial clause in the Finance Bill 2025 that seeks to reclassify fertiliser from zero-rated to tax-exempt, a...

Read article
Starlink Loses Market Edge in Kenya After Subscription Freeze
Economy

Starlink Loses Market Edge in Kenya After Subscription Freeze

Elon Musk’s satellite internet firm, Starlink, has lost its grip on Kenya’s internet market following a seven-month freeze on new subscriptions. The company, which had...

Read article
Hot Air?   Sh468 Billion Nairobi–Mombasa Expressway Hits Dead End After Failing Feasibility Test
Economy

Hot Air? Sh468 Billion Nairobi–Mombasa Expressway Hits Dead End After Failing Feasibility Test

Kenya’s ambitious plan to build a Sh468 billion expressway connecting Nairobi to Mombasa has come to a screeching halt. The proposed 419-kilometre, four-lane Usahihi Expressway—intended...

Read article
Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding
Economy

Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding

The Kenyan government has announced plans to sell part of its 34.9% stake in Safaricom, the country’s most profitable company, in a bid to raise...

Read article
Sweet Deal as Government Raises Sugarcane Prices by a Minimum of Sh200 Per Tonne
Economy

Sweet Deal as Government Raises Sugarcane Prices by a Minimum of Sh200 Per Tonne

Kenya’s sugarcane farmers have scored a long-overdue win after the government raised the minimum price of sugarcane by Sh200 to Sh5,500 per tonne — a...