Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Investors pour billions into ETFs — but their retirement returns are being eroded by these 3 mistakes
    • Sip and paint event to raise funds for Kempton Ferals’ cat rescue work
    • Indian investments in gold ETFs third highest in October
    • The great alpha fade in active large-cap funds. Time to exit?
    • BitMine Overhaul Signals Institutional Consolidation as ETH ETFs Record Outflows
    • Solana and XRP ETFs Attract Fresh Inflows Even as Crypto Market Falls
    • Paddy Power Bingo Bonus Code: Deposit + Play £10 Get £60 Bingo Funds
    • Direct Vs Regular Mutual Funds: Key Differences And How To Pick The Right Option | Savings and Investments News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Ruto touts Sh110bn investments for Ukambani counties
    Investments

    Ruto touts Sh110bn investments for Ukambani counties

    November 15, 2025


    KITUI, Kenya, Nov 15 — The government is investing more than Sh110 billion to transform the livelihoods of the people of Kitui, Machakos and Makueni, President William Ruto has said.

    The President explained that this is the highest amount of resources any government has ever invested to develop critical areas of the economy in the region. 

    He noted that the government is spending Sh64 billion to build 44,000 affordable housing units, 39 modern markets, and 15,000-bed student hostels.

    “No administration before this one has spent KSh64 billion in Ukambani at once. And you’re witnesses,” he said on Saturday when he hosted over 10,000 grassroots leaders from the three counties at Kitui State Lodge, wrapping up his four-day tour of Ukambani region.

    He added: “With our affordable housing programme, we are changing the landscape and the lifestyle of Kenya, and we are doing it with our own resources.”

    Present were Deputy President Kithure Kindiki, Labour Cabinet Secretary Alfred Mutua, National Assembly Majority Leader Kimani Ichung’wa, National Security Advisor Monica Juma, and former Kitui Senator David Musila.

    Also at the meeting were Principal Secretaries Terry Mbaika (Aviation) and Jonathan Mueke (Livestock), MPs and MCAs, among other leaders.

    On other development projects in the region, the President said the government is investing KSh30 billion to upgrade 600km of roads in the first phase. 

    Furthermore, he said Sh6.7 billion has been allocated to connect 51,000 households in Machakos, Kitui and Makueni counties in the next six months.

    To address water scarcity in the region, he said Thwake Multipurpose Dam would be completed soon at a cost Sh9.6 billion sourced from the African Development Bank.

    Similarly, the government will complete Umaa Dam in Kitui County by next year at cost of Sh230 million. 

    High-Grand Falls Dam

    Additionally, Sh700 million has been set aside to compensate residents affected by Muwongoni Dam project in Machakos County, and assured the leaders that construction work would commence soon.

    The President further assured the region that the proposed High-Grand Falls Dam project, straddling between Kitui and Tharaka-Nithi counties, remains on top of the government’s priority list.

    Despite progress made so far, President Ruto pointed out that many Kenyans still lack basic services such as power, roads and clean drinking water, hence the need for a National Infrastructure Fund.

    “I will be in Parliament next week for the State of Nation Address and I will explain to MPs the need for the fund to finance transformative projects,” he said.

    Through the fund, he said, Kenya will aim to raise Sh4.5 trillion to tarmac 20,000km of roads, build 50 mega dams to irrigate at least 2.5 million acres of land, and generate 10,000MW between the next five and 10 years. 

    On other development projects in Ukambani, the President said he will commission a private investor’s KSh40 billion clinker and cement factory in Mwingi early next year. 

    Jobs

    He said the project will create 5,000 jobs for the local community, and urged local leaders to embrace rather than antagonise the investor.

    Further, President Ruto added that he will break ground for a Sh800 million stadium in Machakos Town early next year.

    He said that the government has allocated Sh230 million to complete the infamous Enziu Bridge in Mwingi ahead of the next long rains season.

    During the tour, President Ruto issued over 45,000 title deeds to residents in Makueni and Kitui counties, and promised to accelerate titling process in the three counties. 

    He also launched the construction of the 20km Emali-Matiliku in Makueni to be constructed at a cost of Sh1.1 billion; the 13km Kamuw’ongo-Kandwia road in Kitui which will cost Sh1 billion; and the Kivandini-Miseleni road in Machakos which will cost Sh1.7 billion. 

    The President also directed the Ministry of Roads to immediately begin works on the Kyuso-Tseikuru road, saying Kenyans there have suffered dust and mud long enough. 

    He assured the leaders that the projects that have been launched would not stall since the government has enough resources to see them to completion. 

    Security

    To fight insecurity in parts of the region, he directed the Ministry of Defence to explore the possibility of setting up a military camp as a buffer zone with neighbouring counties.

    The President called on young people to apply for the National Youth Opportunities Towards Advancement (NYOTA), a new government initiative to give them a KSh50,000 grant to boost their businesses, among other initiatives.

    President Ruto urged his critics and political competitors to elevate their level of politics beyond empty sloganeering which, he said, no longer resonates with the electorate. 

    “We have raised the bar of leadership in Kenya. It is no longer about personalities and slogans, but agenda and plans for Kenya,” he said.

    In his address, DP Kindiki said the country cannot be transformed through empty rhetoric but focused leadership such as that President Ruto is offering.

    “A nation is transformed through deeds and by taking national development to all regions of our country, as the President has done,” he said.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Indian investments in gold ETFs third highest in October

    November 15, 2025

    Andhra Pradesh crosses ₹20 lakh crore mark in investments so far: CM Naidu

    November 14, 2025

    Origin Investments’ Michael Episcope On Life After The Shutdown

    November 14, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Investors pour billions into ETFs — but their retirement returns are being eroded by these 3 mistakes

    November 16, 2025

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    ETFs

    Investors pour billions into ETFs — but their retirement returns are being eroded by these 3 mistakes

    November 16, 2025

    Exchange-traded funds (ETFs) have soared in popularity in recent years. And the funds are adding…

    Sip and paint event to raise funds for Kempton Ferals’ cat rescue work

    November 15, 2025

    Indian investments in gold ETFs third highest in October

    November 15, 2025

    The great alpha fade in active large-cap funds. Time to exit?

    November 15, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    How To Buy Direct Mutual Funds Online In India | Business News

    July 2, 2025

    Overseas Funds Return to Indonesian Bonds on Dovish Fed Bets – BNN Bloomberg

    August 20, 2024

    Acquisition drive sees property firm reach 400,000 sq ft milestone

    August 21, 2025
    Our Picks

    Investors pour billions into ETFs — but their retirement returns are being eroded by these 3 mistakes

    November 16, 2025

    Sip and paint event to raise funds for Kempton Ferals’ cat rescue work

    November 15, 2025

    Indian investments in gold ETFs third highest in October

    November 15, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.