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Kenya's Sh63bn election Bill should worry more than just IEBC
Research on Kenya's political financing has long documented that campaign war chests function as investments recouped through procurement access once in office.
When the National Assembly's Justice and Legal Affairs Committee sent the electoral body back to the drawing board last month over its Sh63.95 billion budget for the 2027 General Election, it looked like a routine procurement spat.
It isn't. It is the opening skirmish in a macro-economic story that will run through the next 18 months and touch the shilling, the deficit, and the credit available to every business borrowing from a Kenyan bank.