Sharp Daily
No Result
View All Result
Friday, October 31, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ruto’s Government To Construct KSh. 1 B Aquaculture Project In Kisumu

Domenic Ntoogo by Domenic Ntoogo
November 11, 2022
in News
Reading Time: 2 mins read

President William Ruto’s Cabinet has approved the construction of KSh. 1 billion aquaculture project in Kisumu to boost fish farming in the lake region and the country in general.

According to the office of the president, the government will invest in the money in Kabonyo Fisheries Aquaculture Service and Training Centre of Excellence to train people on sustainable usage of the vast maritime resources the country boasts of.

“The center will facilitate training, research, innovation, and best practices in Fisheries and Aquaculture through demonstrations and incubations. The seminal project will include the development of a Nile Perch Technology and Innovation Centre, an Aquaculture Resource Centre, and the Kenya Fishing School,” said the president’s office in a statement.

Read: President Ruto Banks On African Development Bank To Adress Climate Change

RELATEDPOSTS

Cabinet rolls out surcharges and vetting with payroll cleanup as key anti-corruption measures

September 17, 2024

Kenya shifts to Social Health Authority from October 1, extends Linda Mama to postnatal care

September 17, 2024

In what was the first meeting of the cabinet presided over by the new head of state, the cabinet said that the project would help in breeding new types of fish as well as provide alternatives for the production of fish feeds.

“It will also involve adoption, domestication, and selective breeding of Nile Perch, Common Carp, Milk Fish, Tilapia, and Catfish to increase the numbers available to small and large-scale fish farmers. The centre will offer complimentary sources of production of raw materials for animal feeds and fertilizer; thereby reducing the current inordinate pressure on Lake Victoria and thus allowing for the rejuvenation of the Lake’s fish production,” said the presidency.

Other approvals made by the cabinet during the November 10 meeting include the construction of bitumen roads, clearance of all pending bills to constructors and amendment to the Petroleum Development Act.

The amendment to the Act seeks to ensure funds from the Petroleum Development Levy are allocated to road infrastructure development.

Read: Moses Kuria Makes U-turn On Mitumba Ban After Uproar

On matters of the biting cost of living, the cabinet resolved to bank on the Kenya National Trading Corporation (KNTC) to help come up with strategies for creating food reserves and stabilizing prices of essential commodities.

“KNTC, as a trading company, will supplement other State initiatives by creating Strategic Reserves for staple and essential food items, vital farm inputs including fertilizer and any other goods necessary for ensuring stability in the prices of core goods consumed by Kenyans,” said the presidency.

“KNTC will leverage on its infrastructure and capacity to help stabilize prices of all essential items in instances where price swings of essential items are abnormal and against the public interest.”

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Raila Comes To The Rescue Of Evicted Westlands Family

Next Post

20,000 Customers Joining Safaricom Ethiopia Daily – Peter Ndegwa

Domenic Ntoogo

Domenic Ntoogo

Related Posts

News

Domestic investors drive NSE recovery as foreign activity slows

October 30, 2025
News

ICPAK introduces UDIN system to enhance audit integrity and public trust

October 30, 2025
News

Who Should Invest in a Money Market Fund

October 29, 2025
News

Eastern Africa’s unified spectrum strategy to boost broadband

October 27, 2025
News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

LATEST STORIES

How can Kenya ease energy costs for vulnerable households

October 30, 2025

Domestic investors drive NSE recovery as foreign activity slows

October 30, 2025

Kenya’s “too stable” shilling: Market confidence or policy management?

October 30, 2025

ICPAK introduces UDIN system to enhance audit integrity and public trust

October 30, 2025

SASRA warns auditors over SACCO reporting failures

October 30, 2025

Kenya’s Sovereign Wealth Fund: A new path to sustainable growth and fiscal stability

October 30, 2025

Why saving in a money market fund beats a regular bank account

October 30, 2025
Trucks crossing the Namanga border between Kenya and Tanzania

Tanzania Elections 2025: How Political Outcomes Could Affect Kenyan Trade and Travel

October 30, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024