The Ethics and Anti-Corruption Commission (EACC) has arrested Gilbert Momanyi Maturwe, a director of Gimo Security and Investigation Services Limited, over alleged procurement fraud related to a Ksh5.4 million security services contract at Keroka Technical Training Institute. The arrest follows investigations into the awarding of the contract.

In a recent observation by KCB Bank Uganda, it was noted that organizations that prioritize governance, risk management, and compliance as strategic advantages tend to outperform their competitors. This perspective shifts the view of compliance from merely fulfilling regulatory obligations to a broader strategic approach, suggesting that such organizations are better equipped to adapt and thrive in their respective sectors.

On June 24, the National Computer and Cybercrime Coordination Committee in Kenya announced plans to collaborate more closely with banks and mobile network operators to enhance the recovery of mistakenly sent mobile money transfers. This initiative aims to address a rise in cybercrime cases in the country, as highlighted in a recent cybercrime status report.

The Central Bank of Kenya (CBK) has secured Sh29.2 billion from a tap sale of Treasury bonds in June, contributing to a total of Sh31 billion in bids as the government approaches the end of its domestic borrowing program for the 2025/26 financial year. This move comes amid increasing funding pressures.

Kenya Airways is facing a federal lawsuit in New York from an aviation parts distributor over Sh129 million in unpaid debts. This lawsuit highlights the airline's financial struggles, which include Sh206.8 billion in accumulated losses and Sh131.4 billion in government debt that it cannot service. The situation has led to a lack of suppliers willing to continue business with the airline, which is also dealing with operational uncertainties flagged by its auditors.

Kenya Electricity Generating Company (KenGen) and the Kenya Ports Authority (KPA) have successfully reduced their exposure to state-guaranteed debt by repaying billions of shillings in outstanding loans. This development is part of Kenya's broader strategy to manage public debt risks and enhance fiscal stability, according to Sharp Daily.