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Kenya invites multi-billion shilling bids for JKIA design and building

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The government of Kenya through the State Department for Aviation and Aerospace Development has invited bids for the design and building of the Jomo Kenyatta International Airport (JKIA).

The JKIA design and building contract bidding invitation is targeting established mainstream contractors who can prove that they have access to cash or a credit line of at least Sh100 billion to guarantee the completion of the renovation and expansion project at the airport.

“The tenderer shall demonstrate experience in delivery of at least one construction project including testing and commissioning, in East Africa, with a value of at least Sh100 billion,” the State Department for Aviation and Aerospace Development stated in the tendering document.

In addition to this requirement, the department has also made it mandatory that prospective bidders must have access to at least Sh100 billion in liquid assets or a line of credit, and have an annual turnover of at least Sh95 billion.

Among the works that the successful contractor will be required to undertake is to expand the current JKIA capacity from 7.5 million passengers per year to 12 million passengers.

The contractor will also design and construct a new terminal that shall have a capacity of handling 22 million passengers per year. The contractor will also build a new runway that will measure 4.5 kilometres and have a width of 60 metres. This runway will be designed to handle large widebody planes as well as jumbo planes such as the Airbus A380.

READ MORE: Kenya’s Eurobonds debt has now hit a staggering Sh1.368 trillion

These works will be required to be completed within a period of three years. According to Kenya Airports Authority’s acting chief executive officer Mahamud Gedi, the construction works shall be funded by the government.

One of the ways through which the government shall fund the project will include the securitization of the Air Passengers Service levy which is currently Sh18.5 billion. This levy will be used to support a Sh154.8 billion bond for the project.

“The government of Kenya is going to fund this project through a government finding model, not through PPP as was previously decide,” Gedi said.

According to statement by the Cabinet Secretary for Roads and Transport Davis Chirchir, the JKIA has a capacity of about 8.93 million passenger and is expected to hit a capacity of  22.31 million passengers by the year 2045.At the same time, air cargo at JKIA is expected to grow from 407,214 tons in 2025 to 860,400 tons in 2045.

Kenya’s Eurobonds debt has now hit a staggering Sh1.368 trillion

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Kenya’s Eurobonds has hit a staggering Sh1.368 trillion (equivalent to $10.61 billion). This follows the sale of the $2.25 billion dual-tranche Eurobond that was conducted in the month of February 2026. This sale is equivalent to Sh290.2 billion. It included a paper worth Sh116.1 billion ($900 million) that was priced at a rate of 7.875 percent. This paper will mature in three equal installments starting in 2032, then 2033, and 2034.

The sale also included a second paper worth Sh174.1 billion (equivalent to $1.35 billion) that was priced at a rate of 8.7 percent. This second paper will also mature in three equal instalments, but in the years 2037, 2038, and 2039.

Prior to this new sale, Kenya’s Eurobonds stood at Sh1.132 trillion which was equivalent to $8.78 billion.

According to releases from the National Treasury, the newly issued Eurobonds were used to repay Sh53.5 billion (equivalent to $415.35 million) in early redemptions. This included sovereign notes worth Sh11.6 billion and Sh41.9 billion which were maturing in the years 2028 and 2032 respectively.

Strikingly, Kenya was only requiring less than a fifth of the Sh290.2 billion that it raised from the new Eurobonds for the buyback. However, the National Treasury went into the market seeking to raise more than what was required, and stated that it would use the balance on other budgetary requirements.

Ironically, the buyback did not meet the target of Sh64.5 billion that the National Treasury was aiming for, managing to net Sh53.6 billion.

In its offer, Kenya had presented a price premium of up to 5.5 percent to buy back SH64.5 billion of the two Eurobonds.

“The Republic [of Kenya] will pay for the notes… a purchase price equal to: $1,055 per $1,000 in principal amount of 2032 notes and in the case of the 2028 notes, $1,035 per $1,000 in principal amount,” a notice that was published by the London Stock Exchange in regard to the bond buyback call stated. The bonds were listed at this stock exchange.

This was not the first time that the government of President William Ruto was seeking to buyback Eurobonds. In February 2024, the National Treasury conducted its first sovereign buyback of Sh193.5 billion (equivalent to $1.5 billion) to partially refinance the Sh258 billion (equivalent to $2 billion) 10-year tranche from 2014, which paid interest at a rate of 6.875 percent.

Ruto’s State House spends Sh43mn daily; blows Sh10.4bn in just 7 months

To fund this buyback, the National Treasury issued a fresh six-year paper worth $1.5 billion at a rate of 9.75 percent. This paper will mature in February 2031.

I’m 21 with Sh8,000 job. How do I raise Sh150,000 for plant and machinery course?

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Question: My name is Julia. I am a 21-year-old Form 4 leaver with a mean grade of C Plain. I have a small job in Embakasi, Nairobi, where I am earning Sh8,000 per month. I started this job after KCSE. I live with a friend in Embakasi who has been charging me nothing since April.

I would like to enroll for a plant and machinery course at a technical college that is going to cost me Sh150,000 before December this year. I also want to move out and start living on my own but I have nothing except the salary that I am earning. I am not very comfortable living with and depending on my friend.

At my young age, I am convinced that I can achieve a lot in life if I start making wise money decisions right away. Kindly help me to budget for my move and cost of course. Also, please advise how I can start building wealth bit by bit from a young age.

The Answer: A salary of Sh8,000 per month is a bit low and will not allow you to live on your own and still save for the course you intend to do within the next six months.

This is because for your course alone, you will need to save at least Sh25,000 monthly to be able to do it. Start by visiting the school you intend to enroll in and talk to the administration. Take a look at the fee structure and explain your financial position.

One way to show interest is to register even if you don’t have the full fees. This will be a commitment that could nudge the administration to give you flexible terms. Have you spoken to your parents, guardians or other close relatives who could lend a hand?

Is the school you want to enroll in eligible for government-backed bursaries or a loan from the higher education loans board? Nowadays, you can apply and access educational bursaries from your area MCA, MP, and Governor’s offices.

With your mean grade, you may qualify for a different diploma programme placement under KUCCPS.

What other course selections did you make under KUCCPS that you can be sponsored by the government to pursue? These may give you a good mileage and potentially secure you a place to stay in the student’s hostels where available.

If your friend is lenient and willing to continue providing you with shelter, you may want to stay put and build yourself from their place. One way to appreciate them is by offering to settle some of the lower end bills such as food or power from time to time.

Talk to your friend and request her to keep you for another few months as you also save and build yourself.  Also look for other small job opportunities such as supermarket attendant can push your salary to around Sh15,000.

Namsia: You will be disappointed if you invest your money in MMFs blindly

In the meantime, if you choose to save at least Sh2,000 per month from your salary, in 12 months you will have Sh24,000. This is good money to start you off. Use Sh1,500 to chip in on your friend’s food budget.

Out of the remaining Sh4,500, save Sh2,000 every month in a different savings account. In five months you will have saved Sh10,000.

You now have a balance of Sh2,500 which you can use for your personal needs and, or to top up on the Sh1,500 you help with the budget where necessary. The Sh10,000 you have saved can be used to start a small side hustle such as selling thrift mitumba clothes online.

Maximize on social media and be good at marketing to create a second income stream. At your age, you need to acquire as many skills as you can and to set yourself up as a brand.

This will prepare you for your thirties when you may have more financial responsibilities. Take advantage of free basic computer courses and technical courses and trainings, and get mentors to walk with you.

The answer to this personal finance question was provided by Rhina Namsia, the founder and chief executive officer of The Acemt Consulting, a training and consultation company that provides financial planning and investment advisory. A version of the same was previously published in the Saturday Magazine, a publication of the Nation Media Group.

KUCCPS invites applications for 31 KMTC courses; how to apply

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The Kenya Universities and Colleges Central Placement Service (KUCCPS) has reopened its portal for students seeking placements at the Kenya Medical Training College (KMTC) for the March 2026 intake.

In a notice on Tuesday, March 3, KUCCPS said the application window targets both fresh applicants and applicants whose placement was not successful during the January 2026 intake.

The placement body invited applications for 31 medical courses available across KMTC campuses countrywide.

The available courses are:

Diploma Courses

  1. Clinical Medicine and Surgery
  2. Mortuary Science
  3. Radiography & Imaging
  4. Medical Engineering
  5. Medical Laboratory Sciences
  6. Health Counselling
  7. Physiotherapy
  8. Community Health
  9. Nutrition & Dietetics
  10. Medical Social Work
  11. Health Records and Information Technology
  12. Orthopaedic & Trauma Medicine
  13. Emergency Medical Technology
  14. Public Health
  15. Orthopaedic Technology
  16. Occupational Therapy
  17. Pharmacy
  18. Community Oral Health
  19. Optometry
  20. Dental Technology
  21. Speech and Language Therapy
  22. Health Promotion
  23. Health Insurance Management

Certificate Courses

  1. Medical Engineering
  2. Orthopaedic Trauma Medicine
  3. Health Records and Information Technology
  4. Health Insurance Management
  5. Emergency Medical Technician
  6. Community Health Assistant
  7. Nutrition & Dietetics
  8. Public Health

How to Apply

Interested candidates are urged t submit applications online via the KUCCPS website   www.kuccps.ac.ke by March 13, 2026.

Also Read: KMTC announces fully funded scholarships for select courses; how to apply

Affordable Housing Board advertises 49 job vacancies [FULL LIST]

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The Affordable Housing Board (AHB) has announced 49 job vacancies for Kenyans across various disciplines.

In a public notice on Tuesday, March 3, the board called on qualified Kenyans to apply for the positions, which include:

  1. Corporation Secretary (CS) and General Manager, Legal Services
  2. General Manager, Fund Services
  3. General Manager, Project Development (Architect)
  4. General Manager, Corporate Services
  5. General Manager, Internal Audit
  6. Manager, Legal Services
  7. Manager, Home Allocation
  8. Manager, Credit Management
  9. Manager, Investment and Resource Mobilization
  10. Manager, Project Management (Engineer)
  11. Manager, Estate Management
  12. Manager, Land Administration
  13. Manager, Supply Chain Management
  14. Manager, HRM and Administration
  15. Manager, ICT
  16. Manager, Accounts and Finance
  17. Manager, Planning
  18. Assistant Manager, Corporate Communications
  19. Assistant Manager, Home Finance
  20. Assistant Manager, Investment and Resource Mobilization
  21. Assistant Manager, Monitoring and Evaluation
  22. Principal Monitoring and Evaluation Officer
  23. Principal, HRM and Administration
  24. Principal Credit Officer
  25. Principal Records Management Officer
  26. Principal Accountant
  27. Principal Internal Auditor
  28. Senior Supply Chain Management Officer
  29. Senior Projects Management Officer (Urban Planner)
  30. Senior Planning Officer
  31. Senior Legal Officer
  32. Senior Investment and Resource Mobilization Officer
  33. Senior Corporate Communications Officer
  34. Credit Officer I
  35. Supply Chain Management Assistant
  36. Records Management Officer I
  37. Projects Management Officer I (Quantity Surveyor)
  38. Projects Management Officer I (Architect)
  39. Office Administrator I
  40. Senior Driver
  41. Projects Management Assistant II (Real Estate)
  42. Estate Management Officer II
  43. Land Administration Officer II
  44. Customer Care Assistant II
  45. Accounts Assistant III
  46. Senior Office Assistant
  47. Driver III
  48. Office Assistant I

How to Apply

Interested and qualified candidates must submit applications online via the AHB’s career portal https://affordablehousingboard.go.ke/careers or www.acalconsulting.co.ke/.

Applications must be accompanied by supporting documents including cover letter, a copy of  National ID, copies of academic and professional certificates, testimonials, and a detailed CV, indicating current position, qualifications, working experience, names of three professional referees, current remuneration, and daytime telephone number.

The deadline for submitting applications is March 17 at 5:00 PM.

Also Read: NYS announces over 700 job vacancies: How to apply

NYS announces over 700 job vacancies: How to apply

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The National Youth Service (NYS) has announced mass technical jobs for Kenyans across various categories.

In a notice on Tuesday, March 3, NYS announced 250 Cadet Officer positions and 500 Private vacancies targeting ex-NYS servicemen and women.

“The National Youth Service is pleased to announce to the public the recruitment of private and cadet officers in the following categories,” read part of the National Youth Service statement in part.

The advertised Cadet Officer positions are:

  1. Structural Engineer – (4 vacancies)
  2. Electrical Engineer – (3 vacancies)
  3. Mechanical Engineer – (5 vacancies)
  4. Architect – (3 vacancies)
  5. Civil Engineer – (10 vacancies)
  6. Water Engineer – (4 vacancies)
  7. Quantity Surveyor – (3 vacancies)
  8. Land Surveyor – (3 vacancies)
  9. Finance Officer – (4 vacancies)
  10. Accountant – (15 vacancies)
  11. Auditor – (6 vacancies)
  12. Supply Chain Management Officers – (15 vacancies)
  13. Economist/Statistician – (3 vacancies)
  14. Entrepreneurship Officer – (4 vacancies)
  15. Marketing Officer – (3 vacancies)
  16. Corporate Communication Officer – (4 vacancies)
  17. Legal Officer – (2 vacancies)
  18. Chaplain – (2 vacancies)
  19. Hydrologist – (4 vacancies)
  20. Agricultural Officer – (5 vacancies)
  21. Livestock Production – (4 vacancies)
  22. Veterinary Officer – (3 vacancies)
  23. Project Management Officer – (6 vacancies)
  24. ICT Officer – (5 vacancies)
  25. ICT Assistant III – (10 vacancies)
  26. Supply Chain Management Assistant III – (12 vacancies)
  27. Registered Community Health Nurse – (6 vacancies)
  28. Registered Clinical Officer – (5 vacancies)
  29. Laboratory Technologist – (6 vacancies)
  30. Machine Operators – (15 vacancies)
  31. Physiotherapist – (4 vacancies)
  32. Records Management Assistant II – (12 vacancies)
  33. General Officer Cadet – (60 vacancies)

On the other hand, the advertised Ex-NYS Service men/women positions are:

  1. Drivers – (70 vacancies)
  2. Plant Operators – (10 vacancies)
  3. Masons – (30 vacancies)
  4. Electricians – (15 vacancies)
  5. Carpenters – (15 vacancies)
  6. Plumbers – (10 vacancies)
  7. Band – (10 vacancies)
  8. Agriculture – (10 vacancies)
  9. Secretaries – (10 vacancies)
  10. Panel Beater – (20 vacancies)
  11. Motor Vehicle Mechanic – (25 vacancies)
  12. Welders – (20 vacancies)
  13. General Duty – (160 vacancies)

Requirements:

To qualify for Cadet Officer positions, applicants must be Kenyan Citizens aged between 18 and 28 years with at least a Bachelor’s Degree and a minimum KCSE grade of C+ (plus), and C– (Minus) for Diploma holders.

Privates must possess KCSE grade D+ (plus) and MUST have NYS Discharge Certificate, have a valid Kenyan National Identity Card (ID) and KRA PIN Certificate.

On the other hand Ex-NYS Service men/women must have a minimum of Kenya Certificate of Secondary Education D+ (plus) or its approved equivalent.

They must also have undergone the initial NYS Paramilitary Training, and must have a National Trade Test, Craft or Diploma Certificate in the above-listed courses.

Successful applicants will be hired on permanent and pensionable terms. Other benefits include medical cover under the SHA scheme and allowances in line with the NYS salary scale.

How to apply

Interested candidates are are required to download and complete the Application for Employment Form – PSC.2 (Revised 2016) from the Public Service Commission website.

Duly completed application forms should be submitted through any one of the following methods:

(i) Through email to: [email protected]
(ii) Through post office: Send the form in a sealed envelope clearly marked with the title of the position applied for to:

Commandant General
National Youth Service
P. O. Box 30397 – 00100, GPO NAIROBI

(iii) Sealed hand-delivered applications can be dropped at the Registry – National Youth Service Headquarters, Ruaraka, Thika Road, Ground Floor.

The deadline for application is March 18, 2026.

Also Read: Inside unique Kenyan college offering free courses, linking learners to global jobs

Cash-Out Features Save Bettors Billions

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Early payout options reshaped how people bet today. Before games finish, users can lock in returns on active bets. Season after season, big platforms report billions handed back via these exits. Control shifts toward the player, lessening blowout moments. When paired with personal rules and patience, it nudges habits toward steadier ground.

How Cash Out Happens Instantly

A move by the player can trigger an instant shift in value, especially on platforms like xbet 1 Irish State , a fast-growing casino online hub for Irish players. Closing a live bet ahead of time is what cash-out means, and many casino online users rely on this feature to manage risk in real time. Offers adjust fast when scores change. Every goal nudges the number one way or another. A system sets the amount using real-time chances.

Right now, fresh numbers keep everything moving. These systems watch how teams play, plus spot danger zones. One goal ahead? The price climbs. Shifts in control send prices sliding without delay.

Half of all web gamblers now pick quick exit options, data reveals. Over sixty out of every hundred prefer pulling back early. Flexibility matters most when bets are light. A calmer pace comes through this change.

The financial impact on players

Last season, early settlement paid out more than three billion. This number includes smaller wins along with cuts to potential losses. When odds shift fast, plenty of bettors take their gains.

Fifty-two bets each year slowly shape a player’s outcome. When someone takes profit every week, risk stays small. Over time, that choice builds stability instead of chasing bigger wins. Slow gains stick around when luck shifts.

During live football games, people tend to withdraw money more often than at other times. Right behind? Those watching basketball and tennis. Quick shifts in odds happen here, opening up moments others might miss.

Responsible Use and Smart Limits

Start by fixing how much you can spend. A limit keeps spending under control when cashing out. Aim for a set amount of gain, then stop once reached.

Staying in control often comes down to small choices. Many sites include caps on spending plus alerts that check your playtime. When used, these options tend to slow down loss-chasing habits before they grow.

Explosive Sports Betting Strategies Kenya 2025

Remember key facts:

  • Betting remains entertainment not income.
  • Betting odds never sit perfectly even. A small edge stays with the house, every single time.
  • Early exits do not always prevent losses.
  • Enjoyment lasts longer when risks stay small.

How the Feature Works

Faster deals come alive through smart pricing tools. Every minute, those setups study countless details. Shots on goal plus how long teams hold the ball get broken down.

Built on floating networks, cloud servers handle surges when big games draw crowds. As tournaments unfold, millions of wagers shift in unison, rewriting totals by the second. Speed-driven formulas snap into place, weighing outcomes before results land. Use promo code 1x_3831408 during registration on the 1xBet website to get the chance to increase the maximum bonus on your first deposit. The bonus amount and the conditions for wagering it depend on the country of registration, so be sure to read the bonus accrual rules on the official website before making your first deposit.

Every day, developers run tests on models to catch mistakes early. A tiny flaw can shift prices in unpredictable ways. When measurements stay exact, trading stays fair and clear.

Faster updates show players exact figures they can rely on. Trust grows when numbers appear without delay. A new kind of betting space emerges through transparency. Confidence follows where visibility leads.

Nowhere is the shift in betting more clear than with cash-outs. Season after season, huge sums flow back to users before games even finish. Flexibility rises when people can leave early – yet the odds still favor the operator. Sticking to strict boundaries and calm choices makes this tool work better. Balance comes easier when decisions stay thoughtful and slow.

 

Caroline Mutuku: Former KCSE star leading Glovo’s operation in Kenya

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Glovo Kenya, a subsidiary of the global delivery company Glovo, has emerged as a key player in the country’s fast-evolving on-demand delivery market, connecting consumers to restaurants, supermarkets, pharmacies and retail stores through a single digital platform.

The firm, which operates primarily through its mobile application, is led by Caroline Mutuku whose rise to the position is a true testament of determination and focus.

Raised in a family of teachers, Caroline distinguished herself early, emerging among the top performers in the 2006 Kenya Certificate of Secondary Education (KCSE) exam.

After high school, she enrolled in medical school at an Asian institution. However, in a decisive move that would redefine her path, she opted to pursue business instead, a choice that would lay the foundation for her leadership career.

In 2009, she joined the University of Nairobi, where she pursued a Bachelor of Commerce degree in Operations Management, graduating in 2012.

Simultaneously, between 2009 and 2011, she undertook the rigorous Association of Chartered Certified Accountants (ACCA) programme at Strathmore University. By December 2011, she had earned her Chartered Accountant certification under ACCA.

Rising through the corporate ranks

Caroline began her career in 2012 at Standard Chartered Bank as the Consumer Banking Fast Track Graduate programme. She steadily rose through the ranks to become Manager, Segment Proposition and Solutions.

Over four years, she built a reputation for analytical precision and strategic thinking before exiting the bank in February 2016.

Her next chapter unfolded at McKinsey & Company, one of the world’s leading management consulting firms.

Between March 2016 and November 2021, she served in multiple roles including as Junior Associate, Associate and ultimately Engagement Manager.

In December 2021, Caroline joined Swvl, the app-based bus service operating across Nairobi, stepping into a leadership role at a time when mobility solutions were undergoing rapid digital transformation.

Within just five months under her stewardship, the Nairobi business expanded threefold. The capital became the company’s fastest-growing retail market, surging from the fifth-largest to the second-largest retail city by Gross Merchandise Value (GMV).

She currently serves as the Country Managing Director of Glovo in Kenya following her appointment in November 2022.

She has since overseen a threefold growth in the Kenyan market over three years, positioning Kenya as a medium-sized market and the most consistent performer within Glovo’s global network.

Also Read: Marita Nyakundi: Career of Kenyan student who scored highest KCPE marks ever

Inside unique Kenyan college offering free courses, linking learners to global jobs

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On the sun-baked shores of Lake Turkana, where arid winds sweep across the vast landscape of northern Kenya, an architecturally striking campus rises against the semi-desert backdrop.

This is Learning Lions, an Information Communication and Technology (ICT) institution redefining access to education and employment for young people in remote communities.

Built with a bold vision and powered by innovation, Learning Lions is offering free digital training to Kenyan youth and directly connecting them to global job and internship opportunities.

“Learning Lions is fighting poverty with digital opportunity. We connect bright African minds in rural Africa to global digital markets, making use of internet and solar power access even in the most remote regions,” the Institution states.

The institution offers a one-year training program that is split into 3 Levels, starting with a 6-week intensive peer-led digital literacy boot camp

Unlike conventional academic pathways, the institution adopts an integrated learning-and-job-creation model. Students are not only trained but also linked directly to employment and internship opportunities in global digital markets.

The programme focuses on human-capital-intensive and creative skills areas considered more sustainable and fulfilling in the long term.

“We start from scratch: working with talented youth without any prior IT training or tertiary education.Our trainings and job creation programs are life-changing.”

What sets Learning Lions apart from many donor-dependent initiatives is its sustainable business model. Income generated from graduates working in the digital economy, alongside a digital nomad programme hosted at the campus, is used to cross-finance educational costs.

This approach ensures that free education remains viable while creating a self-reinforcing ecosystem of training, employment, and reinvestment.

Empowering Women Through Tech Dada

Central to the institution’s mission is gender inclusion. Through its Tech Dada initiative, Learning Lions is creating safe and supportive spaces for young women to explore technology careers.

Driven by female graduates, Tech Dada works to combat stereotypes and awareness gaps that discourage girls from entering the tech sector.

The initiative partners with high schools and community organisations to conduct outreach programmes aimed at inspiring the next generation of female tech professionals.

A campus designed for the desert

Learning Lions was designed by the internationally acclaimed Kéré Architecture. The buildings are tailored specifically for an IT learning environment in Turkana’s harsh climate.

Drawing inspiration from the natural form of termite mounds, the structures incorporate a construction technique known as the stack effect.

This design allows hot air to rise and escape through elevated openings, while cooler air circulates below, creating optimal working conditions for both students and their machines without excessive reliance on artificial cooling systems.

Large windows, strategic ventilation, and a distinctive secondary roof shield interiors from direct heat while allowing natural light to flood classrooms and co-working spaces.

The campus is facing downhill overlooking the beautiful lake Turkana, the largest desert lake in the world.

Beyond classrooms, the institution houses versatile workshops, collaborative co-working areas, storage units, administrative offices, and technical facilities, creating a fully equipped digital learning hub in one of Kenya’s most remote regions.

Also Read: KMTC announces fully funded scholarships for select courses; how to apply

How to invest in new CBK bond with as low as Sh50,000

The Central Bank of Kenya (CBK) has reopened bids for two long-term fixed-coupon Treasury bonds, offering investors an opportunity to invest as low as Sh50,000.

In a notice on February 28, CBK invited Kenyans to invest in the two bonds  FXD1/2019/020 and FXD1/2021/025, in the government’s efforts to raise Sh60 billion from the domestic market to support budgetary needs.

FXD1/2019/020, a 20-year bond has a remaining maturity of 13.1 years, pays a fixed annual interest (coupon) of 12.873%, and matures on 21 March 2039.

On the other hand, the 25-year bond FXD1/2021/025 has a remaining maturity of 20.1 years, with a coupon rate of 13.924 percent. It will mature on April 9, 2046.

According to CBK, the official sale period runs from February 26, to March 11, 2026. Both bonds are subject to a 10% withholding tax.

Additionally, both bonds will be listed on the Nairobi Securities Exchange and qualify for statutory liquidity requirements for commercial banks and non-bank financial institutions.

How to invest

For non-competitive bids, the minimum investment is Sh50,000 and Sh2 million for competitive bids. Non-competitive bids are ideal for retail investors while competitive bids are more suited for institutional and large-scale investors.

CBK stated that all successful bidders should obtain the payment key and amount payable from the CBK DhowCSD Investor Portal/App under the transactions tab on March 13, 2026.

“All successful bidders should obtain the payment key and amount payable from the CBK DhowCSD Investor Portal/App under the transactions tab on Friday, 13/03/2026, for XD1/2019/020 and FXD1/2021/025,” read part of the statement.

The regulator warned that defaulters may be suspended from subsequent investment in Government Securities. Secondary trading in multiples of Sh50,000 will commence on March 16, 2026.

Also Read: Step-by-step guide on how to buy Kenya Pipeline shares through M-PESA