Summary of The Business Daily Newspaper -July 21,2025
Page 1 : Reports that a Ruto ally faces scrutiny over a questionable Sh55 million solar deal, while Moi Referral Hospital seeks private investment to expand its medical school capacity to 3,000 students annually.
Page 2 : Notes that Kenya ‘s court of Appeal overturned a High Court decision, ruling a Sh7 million loan inflated to Sh69 billion as oppressive and setting a precedent against excessive debt claims.
Page 3 : Details Moi Teaching Hospital’s PPP plan to build a health sciences college with private investment, featuring an 800-bed hostel and 30-year operational agreement before asset transfer.
Page 5 : Highlights the court upholding Joseph Kitilit’s mining CEO appointment despite discrimination claims, while TSC recovering Sh222 million of Sh433 million in teacher salary overpayments due to system flaws.
Page 6 : Reports that Shelter Afrique secured a $120 million loan from Badea to restructure capital after forfeiting $236 million in unpaid shares from member countries.
Page 7 : Reveals Safaricom was ordered to pay Sh55 million compensation for wrongfully dismissing 17 managers over missing Huawei phones worth Sh544 million.
Page 8 : Notes the G20‘s emphasis on central bank independence amid global economic uncertainties and political pressures like Trump’s Fed criticism.
Page 9 : Critiques societal indifference through an airport luggage incident and Kenya’s struggling livestock sector facing disease and market challenges despite goats’ resilience.
Page 13 : Reports surging insulin demand as childhood diabetes cases rise, with pharmacies selling 12-40 vials weekly and Kenyatta Hospital monitoring 500 pediatric patients.
Page 14 : Details Shri Krishana Overseas’ plan to offer 5.05 million shares in its NSE listing to meet the required 10% public float for SMEs.
Page 19-20 : Profiles Alice Nganga’s transition from corporate life to mountaineering, finding purpose in conquering challenging peaks like Mt. Kenya’s technical Nelion route.
Page 24 : Criticizes Kenya’s banking sector for collateral-dependent lending that stifles innovation, calling for governance reforms to assess true economic potential beyond asset-backed security.