Ndindi Nyoro: Talanta Stadium True Cost Over KSh100 Billion
Kiharu MP Ndindi Nyoro says the Ksh 44.7 billion bond floated for Nairobi’s planned Talanta Sports Stadium could balloon into a Ksh 100 billion bill for taxpayers. The 60,000-seat arena, billed as the marquee venue for the 2027 Africa Cup of Nations, will be financed through a securitized bond issued by private vehicle ‘Linzi Finco’. Nyoro, a former chair of Parliament’s Budget and Appropriations Committee, calls the approach “a second set of debt books” that hides the real cost from...