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Civil Servants’ Pain as Broke GoK Delays Salaries

"For the first time since independence in 1963, the government of Kenya is unable to pay salaries to civil servants and members of parliament. Nearly all civil servants don't know when or if they will ever be paid. The situation has been degenerating progressively since December last year," he wrote.

Inside Exclusive Gym for Govt Bosses Only

The multi-million shilling facility is located at the Treasury's Bima House headquarters along Harambee Avenue in Nairobi.

Govt Spends Ksh6B to Fully Own Telkom Kenya

The 60% stake was acquired from Helios for Ksh6.09 billion and means the company is now fully state-owned. The deal values Telkom Kenya at Ksh10 billion.

Push to Slash M-Pesa Charges Gathers Steam

With its 35% stake, the Treasury is the second-largest shareholder in Safaricom behind Vodacom Group Limited and Vodafone Group Plc who own a combined 40 percent.

Govt to Help Pay Mobile Loans for Defaulting SMEs

In the event of default of the loan the Treasury will cover 25 percent of the credit.

Return of 20% Betting Tax Spells Doom for Big Players

If it becomes law, the taxman would take Ksh20 of every Ksh100 wagered, regardless of whether the punter wins or loses.