Sharp Daily
No Result
View All Result
Monday, June 29, 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

KShs 802 million to buy cars for Ruto, Rigathi and Mudavadi

Benson Muriithi by Benson Muriithi
March 23, 2023
in News
Reading Time: 2 mins read
[Photo/Courtesy]

[Photo/Courtesy]

The taxpayer is expected to foot Kshs 802.2 mn to buy cars for the top three government officials after the budget allocation for purchase of new cars increased by more than eight times compared to the same allocation in the Financial Year 2022/23. The offices that are set to benefit from this luxurious move include the office of the President William Ruto, office of the Deputy President Rigathi Gachagua and office of the Prime Cabinet Secretary Musalia Mudavadi.

In the last financial year, the budget allocation for purchase of new vehicles stood at Kshs 100.8 mn although the office of the Prime Cabinet Secretary had not been accounted for. Notably, the office of the deputy president will get Kshs 290.8 mn during this financial year which is an increase by more than Kshs 200.0 mn from kshs 90.8 mn in the last financial year.

This comes at a time when the country is battling economic crisis as some parts of the country are starving to death. In fact, the government is on record saying that they plan to cut all extravagance and wasteful spending in an effort to contain the country’s debt appetite that has left the country in a bad economic state. These are efforts to keep the recurrent expenditure below revenue.

Read: President Ruto Directs Ksh300 Billion Cut In National Budget

RELATEDPOSTS

Tanzania’s independence day 2025: a nation mourns as celebrations give way to crisis

December 9, 2025

Kenya’s middle-income jobs grow: 1.5 million now earn above Sh50,000 monthly

December 5, 2025

However, the purchase of new cars is one of the major drivers of the recurrent expenditure which will account for a total of Kshs 2.1 bn in this financial year as allocated in the budget.

Kenyans have since questioned the priorities of the Ruto government owing to the deteriorating economy on one hand while on the other, they are witnessing unnecessary spending on extravagant matters of the state.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

The Government to fast track implementation of projects in frontier counties

Next Post

KRA Set to Miss its Target of Kshs2.1trillion this Financial Year

Benson Muriithi

Benson Muriithi

Related Posts

News

Building a Portfolio That Works Across Market Conditions

June 26, 2026
News

Kenya’s Macro Resilience Amid the Iran Conflict

June 26, 2026
Inflation, Crisis and rising commodity prices concept stock
News

How the cost of living crisis is hitting pension contributions

June 26, 2026
News

Why Liquidity Matters in Financial Markets

June 25, 2026
News

Kenya Secures Kshs 22.1 bn Samurai Bond from Japan

June 25, 2026
Low voter turnout at Masikonde Primary School in Narok town ward on November 27 2025, voting kicked off at 7.00 AM. Tobias Meso|NMG
News

IEBC sets August 10, 2027 as date for Kenya’s next general election

June 25, 2026

LATEST STORIES

Building a Portfolio That Works Across Market Conditions

June 26, 2026

Kenya’s Macro Resilience Amid the Iran Conflict

June 26, 2026
Inflation, Crisis and rising commodity prices concept stock

How the cost of living crisis is hitting pension contributions

June 26, 2026

The banking concentration risk on Kenya’s capital market

June 26, 2026

Why Liquidity Matters in Financial Markets

June 25, 2026

Kenya Secures Kshs 22.1 bn Samurai Bond from Japan

June 25, 2026

Designing Pension Solutions for Kenya’s Evolving Workforce

June 25, 2026
Low voter turnout at Masikonde Primary School in Narok town ward on November 27 2025, voting kicked off at 7.00 AM. Tobias Meso|NMG

IEBC sets August 10, 2027 as date for Kenya’s next general election

June 25, 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