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KCB, tycoons to get over Sh42bn from traffic fines
National Transport and Safety Authority Director General Nashon Kondiwa (center) addresses the media during a press briefing on newly introduced transport regulations at Sarova Stanley in Nairobi on March 10, 2026.
Photo credit: Wilfred Nyangaresi | Nation Media Group
KCB Group, a little-known investor and two well-connected individuals will earn over Sh42 billion for 21 years from the smart driving licence project, with newly launched instant traffic fines and licensing fees generating the bulk of the earnings.
A consortium of the bank and Pesa Print has lined up a capital investment of Sh42 billion for the lucrative public-private partnership (PPP) project, which they intend to recoup in a span of 21 years.
