Topic: Njuguna Ndungu
Former Treasury CS Njuguna Ndung’u exposes Kenya's deep-rooted corruption
Aug 13, 2024 at 02:27 PM
Former Cabinet Secretary for the National Treasury, Njuguna Ndung’u, has painted a damning picture of the financial irregularities plaguing the government of President William Ru...
Treasury extends window for importation of duty-free sugar from outside COMESA
May 28, 2024 at 06:59 PM
The National Treasury has announced a two-month extension to the duty-free importation period for white and brown sugar from outside the Common Market for Eastern and Southern Afri...
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...
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 ...
Middle-Class may face higher costs as Govt. considers VAT on Milk and Bread
Mar 15, 2024 at 07:56 AM
The Treasury is contemplating imposing a 16 per cent value-added tax (VAT) on milk and bread, marking a potential shift in Kenya's taxation landscape....
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Kenya lands on Financial Action Task Force 'grey list' over 'wash wash'
Feb 24, 2024 at 01:05 PM
Following recent developments regarding Kenya's standing with the Financial Action Task Force (FATF), the country has been placed on the 'grey list'....
Treasury aims to plug budget gap with ambitious Sh323.5 billion tax hike
Feb 16, 2024 at 05:51 PM
The government has unveiled a budget proposal seeking to raise an additional Sh323.5 billion in taxes next year, a bold move aimed at plugging a gaping hole in the national finance...
Kenya issues fresh costlier Sh239 billion Eurobond due in 2031 to finance debt
Feb 13, 2024 at 09:54 PM
Kenya has successfully issued a fresh and costlier Eurobond of USD1.5 billion (an equivalent of Sh239 billion) to buy back the initial one which is due on June 24, 2024....
University of Nairobi implements e-citizen payment system for meals
Feb 07, 2024 at 09:50 AM
Students and staff at the University of Nairobi will now need to adapt to a new payment method when acquiring meals from the university's kitchens....
MPs issue ultimatum to Treasury CS over delayed disbursement of NG-CDF funds
Jan 09, 2024 at 05:20 PM
Members of Parliament are up in arms, contemplating the censure of Treasury Cabinet Secretary Prof. Njuguna Ndung'u, as the government allegedly stalls the release of National Gove...
Treasury grapples with historic Sh91.13 billion CBK overdraft amid cash crunch
Dec 19, 2023 at 05:24 PM
The National Treasury of Kenya has set a historical record by accumulating emergency loans directly from the Central Bank of Kenya (CBK), with the overdraft reaching an unprecedent...
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 ...
Kenya seeking Sh500 billion in local and global support to plant 15 billion trees
Dec 05, 2023 at 09:08 AM
Kenya has issued a clarion call to local and global partners, through the Ministry of Environment Climate Change and Forestry, urging them to support a monumental tree-planting ini...
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...
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AfCFTA spurs economic prospects for African youth through tech and education
Nov 27, 2023 at 02:20 PM
Leaders in academia and economic planning converged at the African Economic Research Consortium's (AERC) 59th Biannual plenary session to explore the transformative potential of th...
Government pledges priority to settle pending bills in economic revival initiative
Nov 08, 2023 at 12:31 PM
The government has expressed its commitment to prioritize the settlement of genuine public sector pending bills as a vital step in the forthcoming government budget....
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...
Kenyan businesses struggle as tax compliance drops to 15 per cent
Oct 20, 2023 at 03:02 PM
Statistics obtained from the Kenya Revenue Authority (KRA) reveal a troubling economic landscape for Kenyan businesses, as an alarming 85 per cent of companies operating in the cou...
Kenya Ports Authority among 10 state corporations scheduled to be privatized
Oct 11, 2023 at 10:59 AM
The National Treasury has increased its pace towards the privatization of 10 state corporations as had been announced by President William Ruto in late 2022....
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