Topic: National Assembly
Banks still dragging feet on cutting high lending rates face tough CBK penalties
Mar 26, 2025 at 06:03 PM
The Central Bank of Kenya (CBK) has warned commercial banks against keeping lending rates high despite the recent reduction of the Central Bank Rate (CBR) to 10.75 per cent....
MPs approve a Sh12.7 billion additional budget injection for ailing SHA and UHC
Mar 19, 2025 at 01:12 PM
The National Assembly has passed the Supplementary Appropriation Bill, unlocking Sh12.7 billion in additional funding for the Social Health Authority (SHA) as part of efforts to st...
Govt moots removal of 25 per cent excise duty on imported electricity transformers
Mar 19, 2025 at 12:46 PM
The Government has moved to ease the financial burden on the power sector by proposing the removal of the 25 per cent excise duty on imported fully assembled electric transformers ...
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Health Ministry now seeks an extra Sh6 billion for controversial SHA scheme
Mar 07, 2025 at 06:50 PM
The Ministry of Health is pushing for an additional Sh6 billion to reinforce critical healthcare programmes under the Social Health Authority (SHA), with a focus on primary healthc...
Kenya and China deepen economic cooperation in trade, infrastructure, tech
Mar 06, 2025 at 08:45 PM
Kenya’s economic ties with China are set to deepen as both nations explore new areas of collaboration in trade, infrastructure, and digital transformation....
Affordable Housing Levy controversial T-bill yields investment Sh2 billion interest
Feb 21, 2025 at 01:01 PM
The government has accumulated Sh2 billion in interest from affordable housing levy funds invested in Treasury bills (T-bills), with plans to channel the earnings back into the hou...
Bill pushing for order, accountability in boda boda sector set for debate by MPs
Feb 19, 2025 at 02:18 PM
The boda boda industry in Kenya could soon undergo major reforms as the National Assembly prepares to deliberate on the Public Transport (Motorcycle Regulation) Bill, 2023....
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SHA struggles as only 4 million out of 18 million registered Kenyans contribute
Feb 12, 2025 at 12:10 PM
The Ministry of Health has attributed the struggles of the Social Health Authority (SHA) to alarmingly low contribution rates, with only four million of the 18 million registered K...
MPs demand review on 2.75 per cent SHIF deduction amid service gaps
Jan 31, 2025 at 08:32 PM
As the 2.75 per cent deduction for the Social Health Insurance Fund (SHIF) continues to draw ire from lawmakers, MPs are calling for an urgent review of the scheme, citing persiste...
MPs propose fuel stock reforms for IPPs to lower electricity costs
Dec 19, 2024 at 06:23 PM
Thermal Independent Power Producers (IPPs) in Kenya could soon gain significant financial relief if a parliamentary proposal to lift minimum fuel stock requirements is approved....
MPs reject proposal to centralise KRA deputy commissioners’ appointments
Dec 18, 2024 at 02:13 PM
Members of Parliament have rejected a government-backed proposal to transfer the authority to appoint Kenya Revenue Authority (KRA) deputy commissioners solely to the Commissioner ...
National Treasury denies owing counties as governors warn of service disruptions
Nov 19, 2024 at 01:11 PM
The National Treasury has firmly denied owing any arrears to county governments, following a warning by the Council of Governors (CoG) about potential service delivery disruptions ...
Auditor-General exposes Sh11.66 billion gap in affordable housing loan funds
Nov 18, 2024 at 10:54 AM
A staggering Sh11.66 billion from an international loan meant to drive Kenya’s affordable housing agenda has come under scrutiny after Auditor-General Nancy Gathungu revealed tha...
Proposed 15 per cent tax on social media, internet services could hit Kenya's digital economy
Nov 15, 2024 at 10:31 AM
The Kenyan government’s recent proposal to impose a 15 per cent tax on social media and internet services could dramatically affect both individuals and businesses involved in on...
CA allays fears over IMEI registration order by KRA, data privacy concerns
Nov 08, 2024 at 12:31 PM
The Communications Authority of Kenya (CA) has moved to allay fears over the Kenya Revenue Authority’s (KRA) recent directive requiring importers and assemblers to submit device ...
Revenue sharing impasse between national assembly and senate heads to mediation
Oct 03, 2024 at 09:24 PM
A deadlock between the National Assembly and the Senate over the equitable distribution of revenue to devolved units is set to be resolved through mediation....
KRA chief summoned over alleged Sh62 billion tax evasion in palm oil import deal
Oct 02, 2024 at 07:06 PM
The Kenya Revenue Authority (KRA) Commissioner-General, Humphrey Wattanga, is facing mounting pressure from the National Assembly to provide answers regarding allegations of a sign...
Govt targets mobile wallets and airtime to recover Sh7 billion Hustler Fund loan
Oct 02, 2024 at 12:26 PM
The government is considering stern measures to recover approximately Sh7 billion owed by defaulters of the Hustler Fund....
Sh100 million more for failed national dress project while Kenyans struggle
Sep 27, 2024 at 11:23 AM
The revelation that Sh100 million has been allocated to design a national dress has sparked controversy after it was revealed that a previous attempt cost the country Sh50 million ...
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'Ndengu' farmers jubilate as MPs reject the controversial Mung Beans Bill 2022
Sep 25, 2024 at 09:44 AM
Kenyan mung bean farmers are celebrating a hard-fought victory as the National Assembly has dealt a decisive blow to the controversial Mung Beans Bill 2022....
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