Uhuru signs Finance Bill 2018 into law

By Citizen Reporter,

President Uhuru Kenyatta has signed the Finance Bill 2018 into law a day after it was endorsed by MPs in a chaotic sitting. Speaking at State Hous...

finance bill

Ruaraka saga: EACC now wants NLC to deposit Ksh.1.5B in court

By Citizen Team,

By Dzuya Walter and Francis Gachuri The Ethics and Anti-Corruption Commission (EACC) now wants the National Land Commission (NLC) compelled to depo...

EACC , Francis Mburu , Ruaraka Land , Swazuri

Behind the scenes of Rotich’s Sh3tr budget

By Mumbi Warui,

Every second Thursday in the month of June, Kenyans wait with bated breath to hear the country’s financial plans for the next financial year. The...

budget , budget cycle , budget office , budget policy statement , County Allocation of Revenue Bill , economy , finance bill , fiscal planing , Henry Rotich , Kamau Thugge , KRA , planning , public participation , tax , technical team , Treasury

Government to waive tax for dates imported during Ramadhan

By Ian Omondi,

The government has issued a tax waiver for dates imported during the month of Ramadhan. In a statement signed by Dr. Kamau Thugge, Principal Secret...

Government issues tax waiver , Joseph Kinyua Public Service , Kamau Thugge , Ramadhan

Uhuru Kenyatta’s full statement on new Cabinet

By PSCU,

Fellow Kenyans as I mentioned a few weeks ago we are still in the process of finalizing cabinet and restructuring of government. Today I have a few...

Cabinet , Cabinet unveiled , Dr. Cleopha Mailu , Hassan Wario , Judy Wakhungu , Kiema kilonzo , President Uhuru Kenyatta , Raphael Tuju , Uhuru Cabinet , uhuru's second term

Kenyans not happy with President Kenyatta’s ‘all male’ economic board

By Sally Boyani,

Photos showing an “all men” economic advisers team posted on Uhuru Kenyatta official Twitter and Facebook  page have touched deeply angered Kenya...

CS Matiangi , Economic advisors , Uhuru all men economic board , Uhuru board , Uhuru economic board , Uhuru economic meeting , Uhuru kenyatta

President Kenyatta signs budget for new poll

By PSCU,

President Uhuru Kenyatta has signed into law the Supplementary budget that allocates Kshs 12 billion for October 26 fresh presidential poll and Ksh....

budget allocation , fresh poll , Oct 26 , President Uhuru Kenyatta , Sh12b , signs into law

Treasury lowers growth forecast to 5.5pc

By Reuters,

Kenya lowered its 2017 economic growth forecast to 5.5 percent due to drought and political uncertainty, a top official said on Friday, as the governm...

agriculture , Drought , economy , elections , growth , Kamau Thugge , National Treasury , raila odinga , supreme court , Uhuru kenyatta

Treasury reopens two bonds to raise Sh30bn

By Ephraim Mugo,

The government is back in the market seeking to raise Sh30 billion. The Central Bank of Kenya will be reopening two treasury bonds between today an...

budget , Central Bank of Kenya , coupon rate , debt , development , financial year , Infrastructure , Kamau Thugge , sustainability , Treasury , Treasury Bond , yields

President Kenyatta signs into law five Bills

By PSCU,

President Uhuru Kenyatta on Saturday, April 8 at State House, Nairobi, signed five Bills into law, aimed at streamlining service delivery to the publi...

Budget 2017: What to expect

By Sophie Kinoti,

Kenyans will be eagerly anticipating to find out what’s in store for them in the 2017/2018 financial year as Treasury Cabinet Secretary presents his...

budget , budget deficit , debt , economic growth , Financial Planning , health , Henry Rotich , high cost of living , Infrastructure , Jubilee Government , Kamau Thugge , KRA , National Treasury , program based budget , revenue collections , spending plans

Treasury lines up Sh159.7bn in 3 syndicated loans

By Reuters,

Kenya borrowed $800 million (Sh82 billion) in a syndicated loan from four international commercial lenders, part of a package totalling $1.55 billion ...

Afreximbank , African Import Export Bank , banking , debt , domestic borrowing program , fund development , investment , Kamau Thugge , Rand Merchant Bank , syndicated loan , Trade Development Bank , Treasury , Uhuru kenyatta

Treasury receives Sh82.4bn syndicated loan funds

By Reuters,

Kenya has signed an $800 million syndicated loan with four international lenders and the government has already drawn down the sum, a senior Treasury ...

banking , borrowing , Citi Bank , commercial banks , Kamau Thugge , loan , Rand Merchant Bank , Standard Bank , Standard Chartered , syndicated loan , terms of the loan not immediately known , Treasury , Uhuru kenyatta

Treasury says Sh76.7bn syndicated loan plan still on track

By Reuters,

A plan by Kenya to borrow about $750 million (Sh76.7 billion) through a syndicated loan is on track, a senior Treasury official said on Tuesday, dismi...

budget deficit , business , Citi Bank , delays , east africa , external borrowing , government debt , government operations , Kamau Thugge , loan , National Treasury , Rand Merchant Bank , Standard Bank , syndicated loan

Kenya, Jersey sign deal to return Ksh 380M stolen funds

By Citizen Reporter,

Kenya and Jersey have signed an agreement paving the way for the return of Ksh 380 million of stolen assets that were confiscated by the Royal Court o...

Revenue Commission officers sworn in

By Citizen Reporter,

Nine new members of the Commission on Revenue Authority (CRA) were on Tuesday, February 28  sworn in into office by the Deputy Chief Justice, Philome...

CBK boss Dr Njoroge summoned to court over Imperial Bank recovery progress

By Dzuya Walter,

Central Bank of Kenya Governor Dr Patrick Njoroge has found himself at the centre of ongoing court litigation with Imperial Bank shareholders. The ...

court battles , Dr. Patrick Njoroge , imperial bank , Imperial Bank shareholders , Justice George Odunga , Kamau Thugge , KDIC , receivership

Kenya raises tax revenue forecast; economists surprised

By Reuters,

Kenya has raised its tax revenue forecast for the financial year ending in June 2017 by 8.7 percent as efforts to boost collection start to pay off, o...

analysts , Dr Kamau Thugge , economic growth , Economists , election year , increased target , Kenya Revenue Authority , KRA , National Treasury , raila odinga , Razia Khan , tax agency , tax band , tax revenue , Uhuru kenyatta

Government says drought mitigation plan is already in place

By Citizen,

The National Treasury has set aside five billion shillings to mitigate effects of drought across the country. Treasury Principal Secretary Kamau Thugg...

Drought , food supplies , Parliamentary Committee on Agriculture

IEBC commissioners to stay in office past Sept. 30 exit date

By Benjamin Wafula,

The Independent Electoral and Boundaries Commission (IEBC) and the government have agreed on a deferred date for the vacation of commissioners from of...

Eric Kiraithe , IEBC , raila odinga