Topic: Treasury
Treasury targets Sh146.2 billion clearance of old pending bills this fiscal year
Aug 26, 2025 at 12:53 PM
Seventeen years’ worth of government arrears totalling Sh146.2 billion are expected to be wiped out before the close of the current fiscal year, according to the National Treasur...
Blow to govt as court issues conservatory orders against Kenya Pipeline sale
Aug 15, 2025 at 12:16 PM
The High Court in Nairobi has stopped the planned privatisation of the Kenya Pipeline Company (KPC), issuing orders that put the brakes on a move recently approved by the Cabinet....
Why the Sh468 billion Nairobi–Mombasa expressway came to a screeching halt
Aug 12, 2025 at 01:10 PM
The dream of a high-speed toll road linking Nairobi and Mombasa has been shelved after the government ruled that the proposed Sh468 billion Nairobi–Mombasa Expressway fell short ...
Kenya Pipeline value revealed as Govt targets Sh100 billion from stake sale
Aug 12, 2025 at 12:47 PM
Kenya Pipeline Company (KPC), the government-owned fuel distributor, has been valued at about Sh120 billion, according to the National Treasury, ahead of a planned listing on the N...
Blow to government plan for duty-free rice as court issues conservatory orders
Aug 11, 2025 at 06:22 PM
The High Court in Kerugoya has temporarily blocked a government directive that would have allowed 500,000 metric tonnes of milled white rice to enter Kenya without import duty, pen...
Governors raise serious concerns over delayed release of Sh410 billion allocation
Aug 07, 2025 at 11:21 AM
Counties across Kenya are grappling with serious service delivery constraints, as delays by the National Treasury in releasing funds continue to cripple operations, according to th...
Education CS clarifies free learning still intact despite reduced capitation
Jul 28, 2025 at 02:19 PM
The government has not abolished free education in public schools, Education Cabinet Secretary Julius Ogamba has asserted, brushing aside speculation that capitation for primary an...
How Treasury shared Kenya's Sh3.7 billion fuel levy among 47 counties
Jul 22, 2025 at 02:37 PM
Nakuru, Kitui, and Nairobi counties have emerged as the top recipients of a Sh3.7 billion allocation disbursed by the Kenya Roads Board (KRB) to all 47 counties, marking the latest...
Inside Kenya’s Sh4.29 trillion budget
Jun 14, 2025 at 12:05 AM
Treasury Cabinet Secretary John Mbadi on Thursday presented a Sh4.29 trillion budget to the National Assembly for the 2025/26 financial year, in what the government has described a...
National Treasury moves to clear Sh229 billion pending bills dating back to 2005
Jun 13, 2025 at 12:47 PM
Businesses, contractors and suppliers who have endured years of waiting for government payments may soon have cause for optimism, as the National Treasury has announced plans to se...
Treasury under fire as secret Sh5 fuel levy plan triggers uproar in parliament
Jun 05, 2025 at 06:27 PM
The National Treasury is facing strong criticism in Parliament over a secret plan to increase the fuel levy by Sh5 per litre to fund a Sh270 billion loan through a controversial se...
Government mulls overhaul of housing levy as workers decry payslip pressure
Jun 05, 2025 at 03:23 PM
The government is considering a shake-up of the Affordable Housing Levy, following persistent uproar from workers who say the mandatory salary deductions have become a strain on th...
Why Treasury shelved PAYE tax cut plan
Jun 04, 2025 at 04:50 PM
A plan to relieve the tax burden on salaried workers has been shelved after the Kenya Revenue Authority failed to meet its revised revenue target by a margin of Sh130 billion, Trea...
Ruto's Cabinet approves Finance Bill 2025
Apr 30, 2025 at 11:33 AM
The Kenyan Cabinet has given its nod to the Finance Bill, 2025, in a move aimed at enhancing efficiency and closing loopholes within the country's financial framework....
KRA unveils Electronic Rental Income Tax System to make compliance easier
Apr 10, 2025 at 04:39 PM
The Kenya Revenue Authority (KRA) has officially unveiled its Electronic Rental Income Tax System (eRITS) in a move aimed at bolstering voluntary tax compliance within the burgeoni...
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...
Kenya seeks new IMF deal as missed disbursement raises funding concerns
Mar 25, 2025 at 12:53 PM
Kenya's government has applied for a new lending programme with the International Monetary Fund (IMF) after forgoing the final review of the existing arrangement....
Treasury addresses concerns over the withdrawal of Sh1.3 trillion in 7 months
Mar 03, 2025 at 12:13 PM
The National Treasury has sought to allay public concerns over the government's withdrawal of Sh1.3 trillion from the exchequer within seven months, asserting that all transactions...
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 eyes Sh116.7 billion Eurobond buyback to ease looming debt crisis
Feb 26, 2025 at 09:48 AM
Kenya has initiated a fresh Eurobond buyback, seeking to repurchase a Sh116.7 billion (approximately $901.8 million) note from its 2019 bond issuance....
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