The National Treasury

9 Articles
The National Treasury is yet to disburse funds to counties, or pay salaries for civil servants with the exception of teachers and members of the disciplined forces. [Photo/ KNA]
BUSINESSECONOMY

Civil Servants’ Pain as Broke GoK Delays Salaries

Civil servants including lawmakers and county government workers are feeling the pinch following the delayed payment of their salaries. So far, teachers and...

BUSINESSECONOMY

Inside Exclusive Gym for Govt Bosses Only

The National Treasury is looking for an operator of its new members-only luxury gym and spa. The multi-million shilling facility is located at...

A past Telkom Kenya event. The State is believed to have exercised its pre-emptive rights to purchase the stake after Helios indicated its exit. [Photo/ Telkom Kenya]
BUSINESSECONOMY

Govt Spends Ksh6B to Fully Own Telkom Kenya

The National Treasury has acquired a 60 percent stake in Telkom Kenya from UK Private Equity fund Helios Investment Partners. Earlier in 2022,...

An M-Pesa agent. Launched 15 years ago, M-Pesa has become a key feature of the Kenyan economy. [Photo/ Techweez]
BUSINESSECONOMY

Push to Slash M-Pesa Charges Gathers Steam

The push to reduce M-Pesa transaction fees continues to gather steam, with the National Treasury becoming the latest entity to add its voice...

Fuliza
BUSINESSECONOMY

Govt to Help Pay Mobile Loans for Defaulting SMEs

Small and medium-sized businesses in Kenya will have their mobile and sacco loans guaranteed by the Treasury in a move meant to boost...

If the excise duty is reinstated, betting firms in Kenya are likely to report lower revenues. The government has maintained its stance on mitigating negative societal effects of sports betting through taxation and enhanced regulation.[Photo: YogoNet]
BUSINESSECONOMY

Return of 20% Betting Tax Spells Doom for Big Players

The Cabinet Secretary Ukur Yattani-led National Treasury is seeking to re-introduce excise duty on betting, charged at the rate of 20% of the...

NSE Chief Executive Geoffrey Odundo had noted that the State could raise Ksh792 billion by reducing its stake in some listed companies and relinquishing some stake in lucrative parastatals.
BUSINESSECONOMY

Govt Turns Down NSE’s Ksh792 Billion Offer

The National Treasury has responded to proposals from the Nairobi Securities Exchange (NSE) for the government to reduce its stake in listed companies...

ECONOMY

MP wants Sh6 trillion debt ceiling to curb government borrowing

Emgwen MP Alexander Kosgey on August 30 proposed an amendment to The Public Finance Management Act that will place a Ksh6 trillion ceiling...

FEATURED ARTICLE

Universities producing undercooked graduates, report confirms

It is now official. Kenyan universities are training graduates unsuitable for the job market. This is due to inadequate participation by the relevant...