Topic: Njuguna Ndungu
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...
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....
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...
Policyholders in collapsed insurance firms win as Treasury removes stringent rule
Sep 19, 2023 at 11:47 AM
Policyholders facing uncertainty in the aftermath of insurance company collapses have received a welcome relief as the Treasury formally abolishes a challenging requirement that de...
Govt unveils DhowCSD to boost financial inclusion and economic growth in Kenya
Sep 12, 2023 at 12:27 PM
In a move aimed at enhancing financial inclusion and promoting economic growth, President William Ruto unveiled the Central Securities Depository Dhow (DhowCSD) on Monday at the Ce...
Govt unveils massive plan to revive ailing state agencies amid economic hurdles
Aug 28, 2023 at 04:08 PM
Kenya's struggling state-owned entities are set to receive a significant lifeline as the government rolls out a comprehensive bail-out plan aimed at revitalizing their operations a...
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)....
Kenya revises Gulf fuel import scheme following key concerns raised by IMF
Aug 21, 2023 at 12:38 PM
Kenya is making a strategic shift in its approach to the government-backed fuel import credit scheme after the International Monetary Fund (IMF) raised concerns over potential taxp...
Treasury CS proposes Sh5 per kilogram Excise Duty on imported sugar to discourage consumption
Jun 16, 2023 at 04:59 PM
In a groundbreaking announcement during the Budget Statement for the fiscal year 2023/24, Treasury Cabinet Secretary Njuguna Ndung'u proposed the introduction of excise duty on imp...
Judiciary receives Sh4.3 billion boost in this year's budgetary allocation
Jun 16, 2023 at 03:10 PM
The Judiciary has received a substantial boost in its annual budget allocation, with an increase of approximately Sh4.3 billion compared to the previous year....
Azimio MPs walkout on Treasury CS Njuguna Ndung’u during budget speech
Jun 15, 2023 at 04:38 PM
Members of Parliament belonging to the Azimio la Umoja faction caused a stir on Thursday as they staged a dramatic walkout from the chambers just moments after Treasury Cabinet Sec...
Okiya Omtatah files petition challenging William Ruto’s Finance Bill 2023
Jun 02, 2023 at 05:04 PM
Controversial Human Rights Activist and Busia Senator Okiya Omtatah has filed a petition in the High Court, challenging the provisions of the Finance Bill 2023....
Nyeri governor threatens to send county workers home over delayed funds
May 23, 2023 at 03:47 PM
Nyeri Governor, Mutahi Kahiga, has issued a strong warning, stating that he will be forced to send county government employees home if the National Treasury fails to remit funds by...
Treasury announces when CS Ndung'u will deliver FY 2023/24 Budget Statement
May 19, 2023 at 01:09 PM
The Cabinet Secretary for the National Treasury and Economic Planning, Prof. Njuguna Ndung'u, CBS, is set to deliver the Budget Statement for the FY 2023/24 to Parliament on June 8...