Tag: Treasury
Court raises red flag over asset recovery billions
Fearing that money forfeited to the government might end up in the wrong hands while…
Editor
August 2, 2023
Treasury CS appeals the order of blocking Finance Act
On June 30, the High Court halted the Treasury from putting the Act into effect,…
Kevin Marube
July 18, 2023
Kenyan economy in dangerous territory
Although the largest economy in East Africa reversed seven consecutive quarters of declining GDP to…
Editor
July 17, 2023
Investors made billions in first six months of 2023
In the first half of this year, investors received better returns from lending to the…
Kevin Marube
July 10, 2023
Treasury imposes hiring and cash limitations in expenditures
As part of a broad range of steps to combat the wastage of public funds…
Kevin Marube
June 29, 2023
Suppliers to wait longer as Cabinet orders pending bills audit
The creation of a special committee to audit the outstanding invoices before payment can commence,…
Kevin Marube
June 28, 2023
Shilling to fall to150 against dollar next June
According to a recent Treasury report, the nation would spend Ksh301,513,774,986 in total to purchase…
Kevin Marube
June 22, 2023
Four point-plan for restructuring KPLC
In his budget statement on Thursday, Treasury Cabinet Secretary Njuguna Ndung’u stated that the government…
Kevin Marube
June 18, 2023
Counties to receive Ksh33 billion for April allocation this week.
The news coincides with new fears that the devolved entities will be shut down because…
Kevin Marube
June 6, 2023
State ends bailouts for KQ to pave way for restructuring
Kenya Airways (KQ) is among several State entities that the Treasury has denied funding in…
Cathrene Ndasaba
May 17, 2023