×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now
The Standard

Why Sh12.6 billion under Hustler Fund may have been lost

By Josphat Thiong’o | 3w ago
President William Ruto during the Hustler Fund launch on November 30, 2022 in Nairobi. [File, Standard]

Parliament has expressed fears that Sh12.6 billion issued out to Kenyans under the Hustler Fund programme may have been lost.

To get to the bottom of the matter, MPs have now summoned the Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya and Principal Secretary Susan Mangeni to give further details aboutr the operations of the fund.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in

Related Topics

Hustler Fund Scandal Hustler Fund Report PS Susan Mang'eni CS Wycliffe Oparanya
.

Similar Articles

Why manufacturers are clashing with State standards levy
Why manufacturers are clashing with State standards levy
The government has defended a substantial increase in a mandatory quality standards levy, standing firm against a furious backlash from manufacturers.
Business
By Brian Ngugi
2 hrs ago
Kenya and Sweden agree new pact to reduce Sh72b food losses
Kenya and Sweden agree new pact to reduce Sh72b food losses
State to leverage Swedish bioeconomy expertise as part of initiative aimed at improving food utilisation, boosting farmer incomes.
Business
By Sofia Ali
2 hrs ago
The real truth about livestock feed additives
The real truth about livestock feed additives
Farmers are always looking for ways to increase the productivity of their animals while at the same time reducing the cost of production.
Opinion
By Dr Othieno Joseph
3 hrs ago
Tourism week ends with calls to revise park fees
Tourism week ends with calls to revise park fees
As the Kenya Tourism Board Week come to a close, it has been revealed that the sector that had earlier been affected by a number of crises in recent years has improved tremendously.
Business
By Peterson Githaiga
1 day ago
Helb CEO Geoffrey Monari feted for financial governance
Helb CEO Geoffrey Monari feted for financial governance
The award from the Office of the President and Head of Public Service was in relation to the Auditor General’s opinion for the 2023-24 financial year.
Business
By Graham Kajilwa
1 day ago
Christmas comes early for borrowers as banks cut loan rates
Christmas comes early for borrowers as banks cut loan rates
Equity Group, KCB Group, and Absa Bank Kenya, notified customers of the reduction, which aligns with a 25-basis-point cut in the Central Bank Rate to 9.0 per cent 
Business
By Brian Ngugi
1 day ago
Tanzanian firm Amsons eyes Kenya's renewable energy sector
Tanzanian firm Amsons eyes Kenya's renewable energy sector
Amsons Group has said it plans to venture into Kenya’s energy sector as it seeks to deepen its foray in the country following the acquisition of Bamburi Cement and a controlling stake in EAPC. 
Business
By Macharia Kamau
1 day ago
AfDB, KCB in Sh19b deal to boost economy
AfDB, KCB in Sh19b deal to boost economy
The deal, announced on Thursday, is designed to increase the flow of capital to projects that support environmental sustainability, commonly referred to as green finance.
Business
By Brian Ngugi
1 day ago
Developers turn to community-first model as Africa rewrites tech rules
Developers turn to community-first model as Africa rewrites tech rules
African developers are moving away from short-burst hackathons and adopting a slower, community-first approach that requires teams to consult residents before building digital tools.
Enterprise
By Benard Orwongo
1 day ago
Mobile technology major contributor of digital growth
Mobile technology major contributor of digital growth
Mobile technology and increasing social engagement remain the major contributor to digital growth across the country.
Business
By Selina Mutua
1 day ago
.

Latest Stories

Why manufacturers are clashing with State standards levy
Why manufacturers are clashing with State standards levy
Business
By Brian Ngugi
2 hrs ago
Kenya and Sweden agree new pact to reduce Sh72b food losses
Business
By Sofia Ali
2 hrs ago
The real truth about livestock feed additives
Opinion
By Dr Othieno Joseph
3 hrs ago
Tourism week ends with calls to revise park fees
Business
By Peterson Githaiga
1 day ago
.

The Standard Insider

.

Digger Classified

GET OUR NEWSLETTER

Subscribe to our newsletter and stay updated on the latest developments and special offers!

CONNECT WITH US

FOR THE LATEST JOB ADVERTS

join Digger Classifieds telegram channel
The Standard
© 2025. The Standard Group PLC. All rights reserved