Sharp Daily
No Result
View All Result
Saturday, March 7, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kungu Muigai demands national debt transparency from Ruto government

Teresiah Ngio by Teresiah Ngio
July 4, 2024
in News
Reading Time: 2 mins read
Captain Kung'u.

Captain Kung'u.

Kungu Muigai, chairman of the National Council of Elders and cousin to former President Uhuru Kenyatta, has called for increased accountability from President William Ruto’s administration as unrest grows across Kenya. In a statement, Muigai urged the government to release a 15-year-old audit report detailing the national debt situation to foster transparency.

“When the Kenya Kwanza government took office, they claimed the coffers were empty. We want to know just how empty they were and what actions have been taken since,” Muigai stated. The elders are seeking a detailed account of how debts were acquired, how funds were utilized, and the current national debt balance.

Muigai also stressed the need for a comprehensive lifestyle audit of all elected and appointed officials. He highlighted public concern over the apparent misuse of taxpayer money, with officials acquiring luxurious properties and choppers despite being in office for less than two years. “Kenyans are not against paying taxes; they just want assurance that their taxes are being used properly. They expect their contributions to ensure services like healthcare, not to line the pockets of a few,” he added.

The call for transparency comes amid ongoing Generation-Z anti-tax protests, which have garnered support from the National Council of Elders. The protests aim to address grievances over taxation and public spending, reflecting the public’s demand for responsible governance and accountability.

RELATEDPOSTS

How companies can prevent administration through early intervention

June 25, 2025

Logistics startup Sendy enters administration, appoints PKF as administrator

September 27, 2023

Conversely, the Nairobi Business Community has strongly condemned the protests, citing their adverse effects on businesses. Led by Wilfred Kamau, the group claims that peaceful demonstrations have been hijacked by criminal elements, leading to violence, looting, and property destruction. “It is tragic that peaceful protests have turned violent. Properties worth millions have been looted and some destroyed by fire. This is unacceptable,” Kamau stated. He criticized the police for failing to protect property and called for decisive government action against the perpetrators of the chaos.

Previous Post

Hired goons lament unpaid dues amidst anti-government protests

Next Post

Government halts public sector hiring in bid to tame wage bill

Teresiah Ngio

Teresiah Ngio

Related Posts

News

Stima DT Sacco Posts Higher Earnings as Assets Climb Toward Kshs 80.0 bn

March 6, 2026
Analysis

Absa bank kenya raises dividend after profit climbs to sh22.9 billion

March 6, 2026
News

World Bank backs Sh65 billion upgrade of Nairobi commuter rail network

March 6, 2026
Analysis

BAT announces MD exit as Sidney Wafula takes over leadership

March 6, 2026
News

Treasury releases Sh2 billion to restore police insurance cover

March 6, 2026
News

Alternative Investments in Modern Portfolio Construction

March 6, 2026

LATEST STORIES

Stima DT Sacco Posts Higher Earnings as Assets Climb Toward Kshs 80.0 bn

March 6, 2026

ALP Industrial REIT Hits 98.5% in USD 30M Offer

March 6, 2026

Absa bank kenya raises dividend after profit climbs to sh22.9 billion

March 6, 2026

2025 Kenya’s Pension Industry Performance

March 6, 2026

World Bank backs Sh65 billion upgrade of Nairobi commuter rail network

March 6, 2026

BAT announces MD exit as Sidney Wafula takes over leadership

March 6, 2026

Treasury releases Sh2 billion to restore police insurance cover

March 6, 2026

Alternative Investments in Modern Portfolio Construction

March 6, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024