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National Treasury

Treasury in talks with IMF on Sh230b lending facility

John Otini and Reuters Kenya is discussing a $2.3 billion (Sh230 billion) lending programme with International Monetary Fund (IMF) for budgetary […]

Let’s learn to live within our means

National Treasury must keenly watch and address its twin challenges of a surging public debt and reduced government tax revenue, […]

Moody’s warns of crisis as virus delays Kenya’s plan to slash public debt

BORROWING: The coronavirus pandemic will delay Kenya’s plan to cut borrowing while public debt will hit 70 per cent of […]

Safaricom profit dip a harsh wake up call

While it was expected that most firms will post low profits due to Covid-19 effects on the economy, Safaricom’s six […]

Commercial loans hurt Kenya’s risk profile, Treasury report shows

Lewis Njoka @LewisNjoka Borrowing from commercials sources, as opposed to concessional loans, has increased Kenya’s cost of loans and affected negatively […]

Taxman probes distillers in Sh3.9b tax evasion claims

Kenya Revenue Authority (KRA) is investigating 10 distillers over Sh3.9 billion tax evasion claims. The firms are Patiala Distillers (K) […]

Lawmakers told to approve agency tax waiver request

Mercy Mwai @wangumarci The National Treasury has urged Parliament to approve a tax waiver request of Sh96.3 million by a State […]

We will follow in governors suit if impasse persists, MCAs lobby says

Reuben Mwambingu and George Kebaso County Assemblies Forum (CAF) have also threatened to shut down assemblies by next Thursday, should the […]

Auditor raises new queries on Integrity Centre’s status

Mercy Mwai @wangumarci Auditor-General Nancy Gathungu has raised concerns over the compulsory acquisition of the Sh1.5 billion Integrity Centre that […]

Treasury wants parliament to approve money to counties

The National Treasury wants Parliament recalled to approve monies to counties to ease a cash crisis in the devolved units […]