KenGen Shareholders Approve Governance Reforms to Boost Investor Confidence
KenGen, which produces more than 60 percent of the country’s electricity, said the approved amendments will not affect the Government of Kenya’s majority stake.
KenGen, which produces more than 60 percent of the country’s electricity, said the approved amendments will not affect the Government of Kenya’s majority stake.
The government has streamlined the disbursement of Inua Jamii Programme stipends by adopting mobile money as the primary mode of payment. Government Spokesperson Isaac Mwaura confirmed that President William Ruto directed this transition to enhance efficiency and curb fraudulent practices that had plagued the bank-based disbursement system. “With mobile money, beneficiaries no longer need to…