UhuRuto to share Ksh.41.2M monthly budget, Raila allocated Ksh.50M

By Kepha Muiruri,

President Uhuru Kenyatta and Deputy President William Ruto are expected to share a Ksh.41.2 million slice of the budget as salaries and allowances ove...

German President Steinmeier pledges Ksh.328M to help fight locust invasion

By PSCU,

German President Frank-Walter Steinmeier has announced plans to support Africa in combating the desert locust invasion is threatening food security. ...

locust , Steinmeier

Rotich sacked as Uhuru appoints Ukur Yatani acting Treasury CS

By Citizen Reporter,

Ukur Yatani has been appointed as the acting National Treasury CS a day after Henry Rotich was charged over the Arror-Kimwarer dams scandal. The La...

Ukur Yatani

Aviation Workers Union announces fresh strike

By Faizal Ahmed,

Kenya Aviation Workers Union (KAWU) have demanded for the exit of Kenya Airways CEO Sebastian Mikosz and Kenya Airports Authority CEO Johnny Andersen,...

Johnny Andersen , KAA , Kenya Airports Authority , Kenya Airways , kq , Moss Ndiema , Sebastian Mikosz , Secretary General KAWU

Rino Mastrotto, renowned Italian leather producer, mulls over Kenyan market

By DPPS,

Rino Mastrotto Group, one of the world’s largest leather products manufacturer, is contemplating setting up an operation in Kenya. On Wednesday, ...

Rino Mastrotto , ruto

Ruto tells NSE to reduce listing conditions for small firms

By Citizen Reporter,

By DPPS Deputy President William Ruto has urged the Nairobi Securities Exchange (NSE) to come up with plan that will see more firms listed. He sai...

nse , NSE CEO Geoffrey Odundo , Ruto on NSE

Anti money laundering law passed by President Kenyatta

By PSCU,

President Uhuru Kenyatta today signed into law the Proceeds of Crime and Anti-Money Laundering (Amendment) Bill 2017, a tough legislation aimed at com...

anti money laundering , asset recovery agency , kenya , National Treasury , President Uhuru Kenyatta , proceeds of crime

Treasury to advance counties credit during financial crunch

By Patrick Igunza,

The government through the national treasury will soon start lending to county governments. Speaking while chairing the Inter-Governmental Budget a...

cash strapped counties , Central Bank of Kenya , county allocations , COUNTY GOVERNMENTS , deputy president , financial crunch , ifmis , Inter-Governmental Budget and Economic Council , National Treasury , Transactions , william ruto

Tanzanian parliament scuttles EPA deal ahead of January meeting

By Ephraim Mugo,

The Tanzanian parliament has shot down plans for the country to sign the economic partnership agreement (EPA). The move further frustrates Kenya’...

26 European Union Member States , Burundi , economic partnership agreement , EPA , European union , John Magufuli , joint trade deal , Rwanda , Tanzanian Parliament , Trade , uganda , william ruto

Govt approves county borrowing from the Central Bank

By Citizen,

The National Treasury and the Central Bank of Kenya have structured a borrowing framework that will allow counties to borrow from the CBK. This is ...

borrowing , CBK , CBK Overdraft , COUNTY GOVERNMENTS , County Treasury of Garissa , fiver percent of revenues , government , IMF , prudent financial management , Treasury , william ruto

County borrowing locked at 5pc of revenues

By Noah Kuto,

County government borrowing will be restricted to five percent of annual audited revenues. This is after ongoing discussions between the regulator ...

borrowing , CBK , COUNTY GOVERNMENTS , Deputy President William , Public Finance Management

UNGA adopts New York Declaration on Refugees, Migrants

By Mumbi Warui,

World leaders have adopted the New York Declaration for Refugees and Migrants which expresses the political will to protect the rights of refugees and...

71st United Nations General Assembly , adopt , New York Declaration for Refugees and Migrants , UN General Assembly , UN Secretary-General Ban Ki-moon , World leaders

EAC delays signing of trade deal with EU

By Reuters,

The East African Community trade bloc will delay signing a trade agreement with the European Union, originally set for Oct.1, Tanzanian President John...

EAC , economic partnership agreement , European union , John Magufuli , kenya , Rwanda , Tanzania , uganda , william ruto

Kenya in last push to have EAC-EPA deal signed

By Citizen,

East African heads of state will today meet in Tanzania for an extraordinary summit meeting, with Kenya keen to push its neighbors to ink a new trade ...

Adan Mohamed , Augustine Mahiga , EAC , EAP , economic partnership agreement , EU , europe , least developed countries , Phyllis Kandie , Rwanda , Tanzania , Trade , uganda

Gov’t introduces Single Registry to effect data sharing

By Sofia Ali,

The Government, through the Ministry of East African Community, Labor and Social Services, has introduced Single Registry platform to eliminate double...

Treasury in plans to read 2017/18 budget in March

By Abalon Babisho,

The National Treasury has announced plans to move the presentation of the budget three months earlier in election years. The proposal presented by ...

2017/18 , budget , elections , Henry Rotich , william ruto

National Oil boss, Sumayya Athmani quits eight months to end of tenure

By Citizen,

National Oil Corporation (NOCK) chief executive officer Sumayya Athmani has resigned following internal wrangling that has led to her exit. Athmani...

Deputy President William Rut , National Oil , NOCK , NOCK Board , Sumayya Athmani

Court blocks reinstatement of NSSF boss

By Terryanne Chebet,

Just a day after Richard Lang’at assumed office as the managing trustee of the National Social Security Fund, the Industrial Court has blocked his r...

Lower interest rates, DP Ruto tells banks

By Benjamin Wafula,

Deputy President William Ruto has asked all financial institutions in the country to lower interest to enable many Kenyans access loans easily. Spe...

DP Ruto , DP William Ruto , Kericho county , william ruto

Deputy President Ruto opens Africa Travel Association Conference

By Dennis Otieno,

Deputy President William Ruto has called upon East African countries to leverage on technology to promote the region as a preferred tourist destinatio...

Africa Travel Association Conference , Deputy President William Ruto , travel