Topic: Treasury CS
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 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...
Ex-CS Henry Rotich, co-accused walk free in Sh63 billion Arror, Kimwarer graft case
Dec 14, 2023 at 05:46 PM
In a landmark decision, former Treasury Cabinet Secretary Henry Rotich and eight other individuals have been cleared of charges related to the Sh63 billion Arror and Kimwarer dams ...
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...
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...
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...
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)....
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....
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...
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...
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...
Former SRC boss Sarah Serem takes over as new Postbank board Chairperson
Jan 26, 2023 at 04:42 PM
The former Salary and Remuneration Commission (SRC) boss Sarah Serem, has officially taken over the leadership of Postbank as chairperson of the Board of Directors. ...
Kenyan MPs storm out of an induction retreat in Mombasa over delayed NG-CDF
Jan 23, 2023 at 02:33 PM
Kenyan legislators scheduled for an induction in a Mombasa hotel stormed out of the workshop protesting the delay in the release of the National Government Constituencies Developme...
Treasury addresses media reports of Kenya defaulting on SGR loan payment
Oct 13, 2022 at 08:12 PM
The National Treasury & Planning Ministry has dismissed reports that have been rife across a section of the media alleging that the Chinese Government has slapped Kenya with a Sh1....
Witness in Arror, Kimwarer dams case against ex-CS Henry Rotich changes tune
Sep 22, 2022 at 04:29 PM
A witness in the Sh63 billion Arror and Kimwarer dams scandal case against former Treasury CS Henry Rotich has withdrawn and refused to give his evidence to the court....