Ruto signs Sovereign Wealth Fund Act into law

President William Ruto has signed the Sovereign Wealth Fund Act, 2026 into law, creating a framework to manage revenues from minerals, petroleum resources and public investments while preserving part of the country's wealth for future generations. The President said the new law marks a major step in safeguarding Kenya's natural resources and ensuring the benefits are shared by both present and future generations. Leaders who attended the signing ceremony rallied behind the initiative, urging President Ruto to ignore his critics and stay the course on his development agenda. Willy Lusige reports.