Interior Cabinet Secretary Dr Fred Matiang’i has announced a new partnership that would ensure over 200…
Tag: National treasury
Kenya sinks deeper into debt as World Bank approves 75 billion loan
The government has finally succeeded in acquiring yet another loan towards its costly projects. The National…
How Treasury allocated the incoming 684 billion budget
The government plans to spend Sh684 billion to implement various projects spread across the country in…
Kenya’s public debt, bad for the economy
Economists at the Institute of Economic Affairs (IEA) has raised alarm over the increased public debt…
Kenyan MPs raise the red flag over Airtel, Telkom merger terming ‘a Hallmark of a scandal’
A National Assembly committee has raised the red flag on the proposed merger between two telecommunications…
Legislators To control Government’s Appetite for Loans
Parliament has tasked treasury an impossible target of cutting the budget to sh2 trillions over the…
National Senate and the Senate to square it out over budget allocation
A clash is looming between the Senate and National Treasury over resources devolved to counties after…
Why Kenya’s appetite for foreign loans is insatiable
Kenya has once again sought a loan of Ksh70.55 Billion from Beijing, China, amidst a ballooning…
Government Joins Mobile Money Lending Business
The government of Kenya is set to launch its first ever mobile loan app in April…
Matiang’i gives a wake up call on Monitoring of Projects
Fresh revelations by the National Treasury that 545 projects worth Sh365.9 billion have stalled are not…
Sh69 billion to go to costly loans in six months
Interest repayments on Kenyan debt to China and several commercial banks alone gobbled up Sh40.6 billion…
Inside Kenya’s stalled Dam projects yet to Quench Thirst
Last week, it emerged that the Sh38 billion Itare Dam, a project under Rift Valley Water…
CS Henry Rotich changes tune on rate cap law
Banks will have to find growth outside interest rates this year after Treasury ruled out the…
Special Account for our special oil
Kenya is moving closer to joining the league of petroleum producing economies after launching the early…
Jubilee’s Big Four Agenda Hurting the Nation
National government projects across the country estimated at Sh366 billion have stalled, according to a report…
You owe Kenya Sh5.273 trillion
Kenya’s national debt increased by Sh233.5 billion between July and December 2018, hitting a total of…
Prepare for tough 2019 as government starts paying huge maturing debts
Taxpayers should prepare for a tough 2019 as government starts paying huge maturing debts amid low…
Insurance premium? law that treasury wants amended by parliament
The National Treasury is pushing for an amendment of the Insurance Act to make it a…
WAIT! THIRD EUROBOND IS LOADING.
If you thought the Kenya is stopping to borrow wait until you hear of the third…
MCA’s revealed to be milking Kenya dry
Many government departments and county authorities are notorious, especially for the so-called benchmarking trips; where officials…
For real? Man Planning ‘to Bomb’ Times Tower, Treasury
Police positively identified a man who intended to bomb the Times Tower building in Nairobi as well as…
Government’s biggest threat that has subjected Kenyans to suffering
The increase in the public debt has put pressure on the economy with key infrastructure projects…
‘Kenya’s economy at risk over debt payment’-IMF
Kenya is one of the countries that may face a financial crisis if it does not…
Huge debt taken up by the State in recent years
The Government has borrowed six times more money than you have, an indicator of the huge…
Tough times ahead for counties after budget cut
Counties are staring at harder times as the National Treasury plans to reduce the 2019-2020 budget…
Bank charges increase after new taxes
Kenyan banks are racing to implement the doubling of excise taxes on fees they levy on…