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Kenya
Kenyatta financiers flock to Ruto administration

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Kenya

William Ruto's new order

Since coming to power in September 2022, Kenyan President William Ruto has sought to make good on his pledge to upend his adversaries' political "dynasties". Ruto is working to unravel their political and business networks, all while weaving his own. [...]

Financiers working for former president Uhuru Kenyatta and his pick of presidential candidate Raila Odinga have since turned to William Ruto in the hopes of protecting their business empires and are willing to pour cash into the new head of state's key projects. [...]

Published on 21.11.2022 at 05:00 GMT Reading time 2 minutes

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Politics

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“William Ruto's new order”

Kenya

William Ruto's new order

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Azimio la Umoja
Equity Bank
James Mwangi
Kenya National Chamber of Commerce and Industry
Kevian Kenya
Kimani Rugendo
Megascope
Moses Kuria
Mount Kenya Foundation
Peter Munga
Raila Odinga
Richard Ngatia
Royal Media Services
Samuel Kamau Macharia
Sicily Kariuki
Uhuru Kenyatta
William Ruto

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Allies of former chamber of commerce head set up rival body

At a time when SMEs are struggling, a handful of supporters of Richard Ngatia, former chairman of the Kenya National Chamber of Commerce and Industry (KNCCI), have created the Strategic Chamber of Traders in Kenya.

Subscribers only Business 22.11.2023

Kenya
Leadership dispute paralyses Kenya's powerful Chamber of Commerce

A court order brought on by a leadership dispute at the Kenya Chamber of Commerce and Industry has paralysed the powerful body, notably blocking access to millions of dollars in pandemic relief for struggling businesses.

Subscribers only Finance 20.07.2023

Kenya
No holds barred in battle to become new Chamber of Commerce boss

The race to lead Kenya's powerful private sector platform has taken a new turn with the withdrawal of the president's preferred candidate. The incumbent is confident, but he will face surprise competition from his number two.

Subscribers only Politics 12.05.2023

Kenya
Ruto's plan to retake control of chamber of commerce and industry

The Kenyan president is pushing one of his closest allies to take over the leadership of the private sector's leading forum. The chamber's outgoing head, Richard Ngatia, is struggling to retain his position.

Subscribers only Politics 22.03.2023

Kenya
Mount Kenya Foundation business club members divided over support for Odinga

Some business leaders who financed the unsuccessful election campaign of opposition leader Raila Odinga are ready to provide fresh funds to pay for the protest meetings he is staging against the government. Yet some fear the government could retaliate.

Subscribers only Politics 21.02.2023

Spotlight | Kenya
Scorned by Ruto, major media houses brace for a grim 2023

Amid plummeting ad revenue and a grave economic crisis, three of the biggest names in Kenyan news are cutting staff and slashing budgets. For their owners, now in the ranks of the opposition, business as usual is no longer an option.

Subscribers only Politics, Business 07.12.2022

Workers arrange copies of the Business Daily newspaper produced by the Nation Media Group at a printing press plant on the outskirts of Kenya's capital Nairobi, 24 November 2015.

Kenya
At home and abroad, Ruto rolls up his sleeves to fund his pet loan scheme

Having made the Hustler Fund a pillar of his election manifesto, the president has made a personal mission of drumming up contributions. One bank alone has already smashed funding goals.

Subscribers only Politics 29.11.2022

Kenya
Ruto seeks to loosen Kenyatta's grip on dairy sector

It has not taken Kenya's new president long to turn his attentions to the monopoly enjoyed in the dairy sector by his predecessor, Uhuru Kenyatta. Ruto's main target is Brookside Dairy, the family business that has blossomed over the last decade.

Subscribers only Politics 14.11.2022

Products from Brookside Dairy, which is owned by Uhuru Kenyatta's family.

Kenya
Keroche Breweries' tax woes take fizz out of Ruto's campaign

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Subscribers only Business 22.06.2022

Tabitha Karanja, chief executive of Keroche Breweries.

East Africa, Kenya
Kenyan entrepreneurs advance cautiously in DRC, new EAC frontier market

Kenyan entrepreneurs have been jockeying for a slice of the Congolese economic pie since the DRC joined the East African Community (EAC). But they are proceeding cautiously, aware of the fragile political and economic context of their new partner.

Subscribers only Business 16.05.2022

Kenya
Business leader Richard Ngatia looks for Gulf support as he bids to become governor of Nairobi

Richard Ngatia, head of the Kenyan Chamber of Commerce, is carrying out an intense diplomatic campaign as he bids to become governor of Nairobi. He is already influential in East Africa but is also strengthening his ties in the Gulf as he promises jobs for young voters.

Subscribers only Business 31.03.2022

Richard Ngatia, the chairman of the Kenya National Chamber of Commerce and Industry.

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Azimio la Umoja
Equity Bank
James Mwangi
Kenya National Chamber of Commerce and Industry
Kevian Kenya
Kimani Rugendo
Megascope
Moses Kuria
Mount Kenya Foundation
Peter Munga
Raila Odinga
Richard Ngatia
Royal Media Services
Samuel Kamau Macharia
Sicily Kariuki
Uhuru Kenyatta
William Ruto

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Kenyatta financiers flock to Ruto administration

William Ruto's new order

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William Ruto's new order

Set up email notifications for these topics

Kenya
Allies of former chamber of commerce head set up rival body

Kenya
Leadership dispute paralyses Kenya's powerful Chamber of Commerce

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No holds barred in battle to become new Chamber of Commerce boss

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Business leader Richard Ngatia looks for Gulf support as he bids to become governor of Nairobi

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Indigo Publications' websites

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Kenya Kenyatta financiers flock to Ruto administration

William Ruto's new order

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William Ruto's new order

Set up email notifications for these topics

Kenya Allies of former chamber of commerce head set up rival body

Kenya Leadership dispute paralyses Kenya's powerful Chamber of Commerce

Kenya No holds barred in battle to become new Chamber of Commerce boss

Kenya Ruto's plan to retake control of chamber of commerce and industry

Kenya Mount Kenya Foundation business club members divided over support for Odinga

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Kenya Keroche Breweries' tax woes take fizz out of Ruto's campaign

East Africa, Kenya Kenyan entrepreneurs advance cautiously in DRC, new EAC frontier market

Kenya Business leader Richard Ngatia looks for Gulf support as he bids to become governor of Nairobi

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Kenya
Kenyatta financiers flock to Ruto administration

Kenya
Allies of former chamber of commerce head set up rival body

Kenya
Leadership dispute paralyses Kenya's powerful Chamber of Commerce

Kenya
No holds barred in battle to become new Chamber of Commerce boss

Kenya
Ruto's plan to retake control of chamber of commerce and industry

Kenya
Mount Kenya Foundation business club members divided over support for Odinga

Spotlight | Kenya
Scorned by Ruto, major media houses brace for a grim 2023

Kenya
At home and abroad, Ruto rolls up his sleeves to fund his pet loan scheme

Kenya
Ruto seeks to loosen Kenyatta's grip on dairy sector

Kenya
Keroche Breweries' tax woes take fizz out of Ruto's campaign

East Africa, Kenya
Kenyan entrepreneurs advance cautiously in DRC, new EAC frontier market

Kenya
Business leader Richard Ngatia looks for Gulf support as he bids to become governor of Nairobi