The deal’s details only emerged after the National Assembly’s Finance and National Planning Committee compelled Governor Thugge to reveal the German firm’s identity and the contract’s...
Approximately 44.8 billion shillings in eCitizen collections remain completely unaccounted for
Successful candidates will shoulder significant responsibilities in Kenya’s economic planning framework.
Auditor General Nancy Gathungu’s latest report for the financial year ending June 2024 has laid bare a system riddled with loopholes that passengers are systematically exploiting...
In Summary A litre of petrol is now retailing at Sh186.31 in Nairobi, diesel (Sh171.58,) while kerosene is going for Sh156.14, up from Sh177.32, Sh162.91 and...
The fuel price increases are expected to trigger a cascade of economic consequences across multiple sectors.
The Kenya Revenue Authority (KRA) has announced it collected Ksh 2.571 trillion in taxes from Kenyans in the 2024/2025 financial year. Despite the economic challenges in...
The bill which is expected to raise Sh24 billion now awaits assent by President William Ruto.
Treasury CS John Mbadi unveils Sh464.9 billion security package as government prioritizes safety amid economic recovery efforts The Kenyan government has significantly increased its commitment to...
The most significant rejections included funding for the Ministry of Foreign Affairs, which requested Sh523.8 million to facilitate campaigns for Raila Odinga’s AU bid, but only...
After months of public outcry over shrinking take-home pay and relentless fuel costs, Treasury Cabinet Secretary John Mbadi has finally hinted at sweeping changes in the...
For a worker earning Sh30,000 monthly, the World Bank's proposed exemption would increase net pay by Sh956.25, bringing take-home earnings to Sh27,150 from the current Sh26,193.75.
Recent days have seen efforts to repair the diplomatic rift, with President William Ruto issuing apologies to Tanzania and Uganda amid the tensions.
NAIROBI – The World Bank has delivered a stark warning to Kenya’s government over its “wasteful spending” on public servants’ travel allowances, revealing that civil servants...
A worker earning Ksh 1 million monthly would see their take-home pay reduced by Ksh 12,123 to Ksh 646,805, while someone earning Ksh 800,000 would face...
While specific criteria for determining eligibility remain unclear, the Treasury CS mentioned a figure of Sh5,000 in passing, though he did not elaborate on how this...
The funding will see school heads sigh in relief following weeks of delayed disbursement, which had led to schools struggling to operate.
At Sh11.36 trillion, Kenya's public debt now stands at approximately 70 percent of GDP, raising concerns about sustainability.
Kenya’s financial troubles have reached a boiling point, catching the eye of the International Monetary Fund (IMF). With billions in debt and rising repayment costs, the...
Kenya has excluded International Monetary Fund (IMF) financing from its upcoming budget and four-year financial plan, opting instead to deepen its relationship with the World Bank....