Topic: Ministry of National Treasury
Economic woes, parliamentary drama unfold as NG-CDF funds remain elusive
Dec 06, 2023 at 11:20 PM
In a heated session before the Finance Parliamentary Committee on Wednesday, Treasury Cabinet Secretary Njuguna Ndung'u disclosed the challenges facing the government in releasing ...
Online forex brokers are reeling in shock after Treasury slaps them with new fee
Nov 28, 2023 at 01:48 PM
Online forex brokers are facing a paradigm shift as the Treasury introduces a groundbreaking regulatory fee, ushering in a new era of oversight in the dynamic landscape of forex tr...
Govt to publicly name defaulting entities as pending bills reach record high
Nov 17, 2023 at 11:14 AM
Kenya's government has taken a decisive step towards transparency by pledging to publicly name ministries, departments, agencies (MDAs), and state-owned enterprises (SOEs) that are...
IMF approves Sh142.8 million loan for Kenya amid economic challenges
Nov 16, 2023 at 10:01 PM
The International Monetary Fund (IMF) has announced a breakthrough agreement on a 142.8 billion ($938 million) loan for Kenya, addressing the nation's pressing liquidity concerns a...
Kenya activates Criminal Assets Recovery Fund to combat money laundering cases
Nov 06, 2023 at 06:17 PM
The Treasury has taken a significant step in its ongoing efforts to combat money laundering and criminal networks, as Treasury Cabinet Secretary Njuguna Ndung’u officially publis...
Controller of Budget exposes over-budgeting, secret public debt at Treasury
Nov 02, 2023 at 08:36 AM
The Office of the Controller of Budget (OCOB) has raised significant concerns about over-budgeting of state employee wages and undisclosed public debt arrangements within the Natio...
National Oil Corporation is seeking a strategic oil partner to boost turnaround
Oct 23, 2023 at 03:04 PM
The National Oil Corporation of Kenya (NOC) is in the final stages of its quest for a strategic partner among the country's top oil multinationals....
Nairobi to host AfDB's 59th annual meeting and 50th African Development Fund meeting in 2024
Oct 07, 2023 at 01:48 AM
The bustling city of Nairobi, Kenya, has been chosen as the distinguished host for the African Development Bank's (AfDB) 59th Annual Meeting and the 50th gathering of the African D...
World Bank commits $100 million to revive Kenyan MSMEs hit by pandemic
Sep 26, 2023 at 12:45 PM
In an effort to resuscitate Kenyan micro, small, and medium enterprises (MSMEs) that were severely impacted by the Covid-19 pandemic, the World Bank is set to inject Sh14.47 billio...
Kenyans facing 18 per cent VAT increase as Govt considers more fiscal changes
Sep 14, 2023 at 12:27 PM
Kenyans are bracing for an impending tax hike, as the National Treasury of Kenya unveils plans to increase the Value-Added Tax (VAT) on products and services to 18 per cent....
Humphrey Wattanga Mulongo takes over as new KRA Commissioner General
Aug 22, 2023 at 07:01 PM
Humphrey Wattanga Mulongo has been appointed the new Commissioner General of the Kenya Revenue Authority (KRA)....
Two arrested over ex-Treasury official Tom Osinde mysterious disappearance
Jun 28, 2023 at 09:44 PM
Detectives from the Directorate of Criminal Investigations (DCI) have taken swift action in the case of Tom Fred Mokaya Osinde, a missing former Treasury official, as they intensif...
Resource allocations for Bottom-Up Economic Transformation Agenda in 2023/24 budget
Jun 15, 2023 at 11:21 PM
In the highly anticipated budget statement for the fiscal year 2023/24, Treasury CS Njuguna Ndung'u outlined the resource allocations that will drive the government's ambitious Bot...
National Treasury disburses pending funds partially amid crisis in counties
Apr 21, 2023 at 01:35 PM
The National Treasury has disbursed Sh31 billion to the counties, averting an imminent financial paralysis due to a cash crisis....