Topic: Treasury CS
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 ...
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...
Govt rolls out major JKIA reforms to elevate passenger experience
Nov 12, 2024 at 09:29 AM
In a bid to redefine air travel standards, the Government has unveiled an ambitious series of reforms aimed at enhancing the passenger experience at Jomo Kenyatta International Air...
Government is eyeing five Adani-type PPP deals in the current financial year
Oct 17, 2024 at 10:52 PM
The Kenyan government is gearing up for a transformative fiscal year, aiming to seal five major Public-Private Partnership (PPP) deals, inspired by the Adani model....
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Kenyan banks commit Sh450 billion to empower local MSMEs over next 3 years
Oct 17, 2024 at 04:59 PM
Kenya’s banking sector, under the Kenya Bankers Association (KBA), has announced a Sh450 billion financial boost to Micro, Small, and Medium-sized Enterprises (MSMEs) over the ne...
Treasury confirms gradual employment of JSS teachers to begin in January 2024
Oct 17, 2024 at 09:33 AM
The employment of Junior Secondary School (JSS) teachers is set to begin in January 2025, with the National Treasury announcing a phased recruitment plan aimed at strengthening Ken...
MPs demand termination of any plans by Kenya Govt to lease JKIA to Adani of India
Sep 24, 2024 at 12:53 PM
Members of Parliament have called for the termination of any plans by the government through Kenya Airports Authority (KAA) to lease Jomo Kenyatta International Airport (JKIA) to I...
Treasury CS John Mbadi announces key committee for accounting transition
Aug 31, 2024 at 02:06 PM
Treasury CS John Mbadi has unveiled the formation of a Steering Committee to manage the shift from cash to accrual accounting across the National Government, County Governments, an...
Mbadi hints at resurrecting rejected Finance Bill 2024 proposals to fill Sh150 billion deficit
Aug 19, 2024 at 10:38 PM
Treasury Cabinet Secretary John Mbadi has signalled a potential return of controversial tax proposals as the government grapples with a yawning fiscal deficit....
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...
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...
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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...
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)....
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