Competition watchdog steps up crackdown on tender cartels

Author: Constant MundaPublished on: June 4, 2026Country: Kenya
Business & EconomyCrime & Law

Kenya's Competition Authority (CAK) and the Public Procurement Regulatory Authority (PPRA) are intensifying cooperation to dismantle bid-rigging schemes that inflate the cost of government projects. Treasury Principal Secretary Chris Kiptoo stated that public procurement accounts for about 60% of the national budget, equivalent to 1.68 trillion shillings out of 2.8 trillion. Targeted practices include cover bidding, bid suppression, and bid rotation. Every shilling lost to bid rigging is a shilling stolen from schools, roads, or hospitals, he said.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

FIAGEF 2026: Over 200 Economic Actors Gather in Abidjan to Discuss African Family Businesses
Business & EconomyCôte d'Ivoire
Samuel KADIO

FIAGEF 2026: Over 200 Economic Actors Gather in Abidjan to Discuss African Family Businesses

Over 200 entrepreneurs, investors, and institutional representatives from the UEMOA and CEMAC regions gathered on June 4, 2026 in Abidjan for the second edition of FIAGEF, organized by Gabriel Wealth Management. Under the theme 'Family Businesses and Wealth: Achieving Balance between Governance, Financial Performance and Innovation,' discussions focused on governance, digitalization, financing, and generational transfer. GWEM Deputy CEO Orphée Monnet Keita highlighted the challenges of transitioning to the second and third generations. Habib Koné (Banque Atlantique) and Franchy Nago (BOAD) stressed structuring and separating personal and professional assets to access financing.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more