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Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond
By Kepha Muiruri,
1512, February 13, 2021 (EAT)
National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...
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KRA Commissioner General Githii Mburu’s term extended to June 2024
By Kepha Muiruri,
1700, August 13, 2020 (EAT)
KRA Commissioner General James Githii Mburu is expected to remain at the helm of the tax man through to June 2024 following an ammendment of tenure. ...
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Kenya’s commercial debt has grown by 750 percent for the last 10 years
By Kepha Muiruri,
1239, May 26, 2020 (EAT)
Kenya’s appetite for commercial debt grew by over eight times or an equivalent 750 percent in a decade from June 2010 to March 2020. The data con...
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2019 review: Interest caps fall at second attempt
By Kepha Muiruri,
757, December 31, 2019 (EAT)
In a seemingly last ditch attempt to salvage the economy off interest cap hurdles, the National Treasury through the then Cabinet Secretary Henry Roti...
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2019 Review: Treasury gets free pass on new borrowing
By Kepha Muiruri,
1131, December 29, 2019 (EAT)
In a complete mirror opposite to his predecessor, Acting National Treasury CS Ukur Yatani threw in the towel on Kenya’s debt sustainability claims. ...
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Cytonn lines up first publicly funded debt issue
By Kepha Muiruri,
1831, October 7, 2019 (EAT)
Investor manager Cytonn has sought approval from the Capital Markets Authority (CMA) to register its first Development Real Estate Investment Trust (D...
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Uhuru extends Muthaura’s term at KRA for another 3 years
By Kepha Muiruri,
1220, October 5, 2019 (EAT)
President Uhuru Kenyatta has extended the stay of Amb.Francis Muthaura as the Chairman to the Kenya Revenue Authority (KRA) board for a period of thre...
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Treasury warns of painful cuts to Ministry budgets
By Kepha Muiruri,
1940, September 12, 2019 (EAT)
The National Treasury has urged Ministries and State Departments (MDAs) to brace for painful budget cuts as the budget making process for the 2020/21 ...
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Shilling weakens to a five year low
By Citizen Reporter,
1342, July 30, 2019 (EAT)
The shilling weakened against the dollar to a near five-year low on Tuesday due to importer demand and excess liquidity in the money markets, traders ...
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Paul Muthaura set to exit Capital Markets Authority after 7 years as CEO
By Kepha Muiruri,
1552, July 26, 2019 (EAT)
Capital Markets Authority (CMA) Chief Executive Officer Paul Muthaura will not seek out a new term to be the regulator’s chief when his term ends Ja...
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Rotich sacked as Uhuru appoints Ukur Yatani acting Treasury CS
By Citizen Reporter,
1830, July 24, 2019 (EAT)
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...
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CS Rotich under pressure to resign as Mudavadi says Kenya’s image tainted
By Faizal Ahmed,
1645, July 23, 2019 (EAT)
The absence of a Cabinet Secretary or Principal Secretary at Treasury could spell trouble for the government, according to former Finance Minister Mus...
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Kenya, Singapore in deal to collaborate on innovation
By Kepha Muiruri,
1704, July 16, 2019 (EAT)
Kenya and Singapore have, through their respective Central Banks arrived at an understanding allowing the two countries to collaborate on innovation. ...
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All hands on deck: Rotich assures Parliament of proper checks on KCB-NBK deal
By Kepha Muiruri,
1836, June 27, 2019 (EAT)
The National Treasury has defended its position on perceived laxity under the ongoing procedures in the acquisition of the National Bank of Kenya (NBK...
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How the rate cap sparked change to an ‘indisciplined’ financial sector
By Kepha Muiruri,
1649, June 22, 2019 (EAT)
The interest rate cap has brought a substantial level of positive change to the financial sector this in spite of its well documented regressive effec...
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Budget 2019: Treasury misses the mark, no relief for Kenyans
By Kepha Muiruri,
2020, June 13, 2019 (EAT)
Treasury CS Henry Rotich's presentation on the financing of the 2019/20 budget estimated at Ksh.3.02 trillion has missed its mark in providing any sub...
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Talks on county funds stall three hours to Rotich’s budget reading
By Citizen Team,
1334, June 13, 2019 (EAT)
Talks are rife on the legality of Treasury Cabinet Secretary Henry Rotich tabling the Ksh.3.02trillion budget on Thursday afternoon. Three hours to...
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Rotich to table Ksh.3T budget amidst discontent over Kenya’s growing debt
By Kepha Muiruri,
1438, June 13, 2019 (EAT)
Treasury CS Henry Rotich is expected to table the State’s Ksh.3.02trillion budget projections on Thursday afternoon. He will be bringing the gove...
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KRA misses target by Ksh.61B as Rotich prepares Ksh.2.7T budget speech
By Faizal Ahmed,
1902, May 30, 2019 (EAT)
Treasury Cabinet Secretary Henry Rotich is expected to deliver his Ksh2.7 trillion budget in two weeks. It has emerged that the Kenya Revenue Autho...
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Kenya engages World Bank for Ksh.76B loan for budget support
By Reuters,
844, May 29, 2019 (EAT)
Kenya is negotiating with the World Bank for a $750 million (Ksh.75.9billion) loan for budgetary support, documents on the proposed funding posted on ...
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