Topic: Ministry of National Treasury
Kenya braces for possible EU aid cut as treasury warns of tough financial times
Mar 26, 2025 at 10:43 AM
Kenya’s Treasury has warned of an impending financial crunch, anticipating that the European Union (EU) may soon cut its aid following a similar decision by the United States thr...
Counties face shutdown as governors demand Sh116.4 billion from Treasury
Mar 21, 2025 at 10:38 PM
The standoff between county governments and the National Treasury has escalated, with governors threatening to halt county operations unless Sh116.4 billion in withheld funds is re...
Treasury CS Mbadi warns of Sh52 billion budget gap due to USAID funding freeze
Mar 06, 2025 at 08:33 PM
Kenya’s financial plans have hit a stumbling block after Treasury Cabinet Secretary John Mbadi disclosed that the country would lose Sh52 billion in the 2024/25 financial year du...
Kenya secures Sh 193.5 billion Eurobond to strengthen debt management
Feb 27, 2025 at 04:26 PM
The government has announced the successful pricing of a Sh 93.5 billion ($1.5 billion) Eurobond as part of its Liability Management Strategy....
Kenya Pipeline eyes NSE listing after record Sh3 billion dividend payout
Feb 06, 2025 at 07:06 PM
The Kenya Pipeline Company (KPC) is considering an Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE), according to National Treasury Cabinet Secretary John Mba...
Kenya’s Sh83.5 billion lifeline in jeopardy as Trump pulls the plug on foreign aid
Feb 06, 2025 at 11:35 AM
Kenya could be staring at a financial crisis in key sectors following United States President Donald Trump’s decision to suspend foreign aid for 90 days....
Kenya's borrowing plans facing strain after credit rating downgrade - Treasury
Jan 21, 2025 at 10:37 AM
The National Treasury has disclosed that the recent downgrade of Kenya's credit rating has severely constrained the country's access to commercial loans, posing significant challen...
Govt rolls out major JKIA reforms to elevate passenger experience
Nov 12, 2024 at 09:29 AM
In a bid to redefine air travel standards, the Government has unveiled an ambitious series of reforms aimed at enhancing the passenger experience at Jomo Kenyatta International Air...
Kenya eyes more revenue with new six per cent tax on foreign digital companies
Nov 04, 2024 at 10:39 AM
In a bold move aimed at reshaping its digital economy, the Treasury has put forth a proposal for a Significant Economic Presence Tax (SEPT) that will see foreign digital companies ...
Kenyans to benefit from reduced VAT, tax relief as Govt unveils new budget plans
Sep 10, 2024 at 10:03 AM
The government has unveiled a significant economic reform package that could provide much-needed relief to struggling households and businesses....
Mbadi hints at resurrecting rejected Finance Bill 2024 proposals to fill Sh150 billion deficit
Aug 19, 2024 at 10:38 PM
Treasury Cabinet Secretary John Mbadi has signalled a potential return of controversial tax proposals as the government grapples with a yawning fiscal deficit....
Treasury seeks exemption for KRA to access personal data without a warrant
May 14, 2024 at 12:27 PM
In a controversial move to clamp down on tax evasion, the Treasury is seeking to amend the Data Protection Act, 2019, to allow the Kenya Revenue Authority (KRA) access to sensitive...
How key proposals in the Finance Act 2024 will affect your strained pocket
May 13, 2024 at 03:48 PM
Kenyans are brace for tougher times ahead as the government unveils new taxes on various goods and services in the Finance Bill 2024....
Job loss fears in public service rise as Govt mulls scrapping 130 parastatals
May 03, 2024 at 11:28 AM
Uncertainty hangs heavy over the livelihoods of thousands of Kenyans employed by State-owned enterprises (SOEs) as the government embarks on a major restructuring program....
Government struggles to meet pension obligations amid cash crisis
Apr 08, 2024 at 11:14 AM
The National Treasury has acknowledged difficulties in meeting its pension obligations for civil servants....
Kenya Pipeline Company's Sh5 billion dividend boosts Government revenue
Mar 28, 2024 at 01:21 PM
Kenya Pipeline Company (KPC) has declared a notable achievement with a special dividend payout of Sh5 billion to the National Treasury for the fiscal year, concluding in June 2023....
Ruto mulls shutting down 'loss-making' parastatals to curb wasteful expenditure
Mar 26, 2024 at 08:35 PM
President William Ruto has issued directives to rein in loss-making state entities and curb wasteful expenditure across government sectors....
Development Bank of Kenya up for sale as State pushes privatisation agenda
Mar 25, 2024 at 11:49 AM
The Kenyan government is moving forward with its privatization agenda, announcing the sale of the Development Bank Kenya (DBK)....
Kenyans to receive personalized tax refunds directly through e-receipts
Mar 18, 2024 at 12:49 PM
In an era marked by technological advancements, Treasury Cabinet Secretary, Njuguna Ndung’u, has unveiled a groundbreaking initiative set to transform the landscape of tax refund...
Kenya considers overhauling property tax, possible fivefold increase
Mar 15, 2024 at 02:40 PM
Kenya's property tax system is set for a major overhaul, with the National Treasury Cabinet Secretary (CS) Njuguna Ndung’u proposing a reevaluation that could lead to a fivefold ...
