Sharp Daily
No Result
View All Result
Tuesday, November 25, 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

Why investors are shifting toward long-term government bonds in Kenya

November 24, 2025
News

Kenya and Uganda launch East Africa’s largest steel mill

November 24, 2025
MCK issues warning over unauthorised opinion polls before by-elections
News

MCK warns media and content creators against publishing unauthorised opinion polls ahead of Thursday by-elections

November 24, 2025
News

Title. Sustainable Finance and Investing

November 22, 2025
News

Infrastructure Investments Poised to be the Next Development for African Countries.

November 22, 2025
News

REITS- Change in Ownership Structure.

November 22, 2025

LATEST STORIES

Why investors are shifting toward long-term government bonds in Kenya

November 24, 2025

Kenya and Uganda launch East Africa’s largest steel mill

November 24, 2025

Cytonn money market fund

November 24, 2025

Understanding the psychology of nostalgia

November 24, 2025
MCK issues warning over unauthorised opinion polls before by-elections

MCK warns media and content creators against publishing unauthorised opinion polls ahead of Thursday by-elections

November 24, 2025

Title. Sustainable Finance and Investing

November 22, 2025

Infrastructure Investments Poised to be the Next Development for African Countries.

November 22, 2025

REITS- Change in Ownership Structure.

November 22, 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