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Returning Cabinet Secretaries see 18% wealth increase in 22 months

Brian Murimi by Brian Murimi
August 5, 2024
in News
Reading Time: 2 mins read

Kenya’s returning and nominated Cabinet Secretaries have collectively increased their wealth by KES 801 million, reflecting an overall growth of 18% over the past two years.

A detailed review of financial disclosures during vetting reveals significant wealth growth among several high-profile ministers. Kithure Kindiki, set to oversee Interior and National Administration if approved, saw his wealth climb from KES 544 million to KES 694 million, marking a 27.6% rise. Kindiki attributed this growth to his law firm finally receiving pending legal fees.

Similarly, Justin Muturi of Public Service reported a 14.4% increase, with his net worth now standing at KES 801 million, up from KES 700 million. Soipan Tuya, nominated to Defence, recorded the most staggering growth at 55.8%, with her wealth rising from KES 156 million to KES 243 million.

Rebecca Miano, the Cabinet Secretary nominee for Tourism and Wildlife, experienced an 11.8% increase, bringing her net worth to KES 444 million from the previous KES 397 million. Salim Mvurya, Trade and Industry nominee, saw his wealth rise by 31.7%, now totaling KES 158 million, up from KES 120 million. Davis Chirchir, nominated for Roads and Transport, reported a modest 5.6% increase, with his net worth now at KES 509 million.

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Aden Duale, who upon approval will oversee Environment and Forestry, saw his wealth grow by 15.2% to KES 980 million. Kipchumba Murkomen, the Youth Affairs Cabinet Secretary nominee, experienced a 12.7% increase, bringing his wealth to KES 620 million. Alice Wahome, likely destined for the Land and Housing docket, reported a significant 50.3% rise, with her net worth now at KES 328 million. Labour nominee Alfred Mutua, saw a 10% increase, his wealth now standing at KES 462 million.

Adding to the discussion are the newly nominated Cabinet Secretaries who are stepping into the limelight with notable financial standings. John Mbadi, nominated for Treasury and Planning, has a net worth of KES 380 million at the age of 53. Stella Lang’at, the nominee for Gender and Culture, holds a modest KES 70 million.

Andrew Karanja, taking on the Agriculture portfolio, has amassed KES 214 million, while Debra Mulongo, nominated for Health, leads with KES 456 million. Margaret Ndung’u, the ICT nominee, stands at KES 95 million.

Julius Migoshi Ogamba, nominated for Education, boasts a significant KES 790 million, and Opiyo Wandayi, for Energy and Petroleum, has KES 530 million. Wyckliffe Oparanya, taking on Co-operatives and MSMEs, holds KES 600 million, and Ali Hassan Joho, nominated for Mining, leads the pack with an impressive KES 2.36 billion. Eric Mureithi Muga, the youngest nominee at 32, has a net worth of KES 31 million.

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Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

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