Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Counties

Counties face collapse without allocation of KES 450 billion shareable revenue,says Governors

Brenda Murungi by Brenda Murungi
April 23, 2024
in Counties, News
Reading Time: 2 mins read
The Council of Governors (CoG) is cautioning that counties could face a standstill if they are not allocated KES 450 billion in shareable revenue.

Speaking before the Senate Finance Committee, CoG, led by Chairperson Anne Waiguru, emphasised that counties are struggling to stay afloat due to high wage bills and outstanding debts.

Appealing to the Senate to advocate for devolution, she also highlighted the discrepancy where functions are devolved but funds are still retained by ministries.

The council warns that proposed taxation changes will only exacerbate the wage bill burden. They estimate that new deductions like the Housing Levy will add approximately KES 4 billion to counties’ expenses, while the new National Social Security Fund (NSSF) deductions will cost an additional KES 3 billion.

 The Governors further pointed out that the implementation cost of the doctors’ Collective Bargaining Agreement (CBA), including payment of arrears, is estimated at KES 5.8 billion and must be considered in the allocation of shareable revenue.

Governor Muthomi Njuki, who also chairs the Health committee at the COG, expressed concern, stating, “I want to address doctors directly and convey that without this funding, even with a new CBA signed, counties won’t be able to honor payment commitments.”

RELATEDPOSTS

Governors threaten shutdown over KES 38.4bn budget cuts

March 21, 2025

Environment ministry, Council of Governors join forces to tackle urban pollution

October 24, 2024

 

Previous Post

Chebukati left out on JSC shortlist for Court of Appeal judges

Next Post

Cabinet slashes medical interns’ pay from KES 206,000 to KES 70,000

Brenda Murungi

Brenda Murungi

Related Posts

News

The Growing Appeal of Government Bonds

November 6, 2026
News

US Midterms, Israel’s Political Shift and the Iran War: What Lies Ahead for Global Markets?

November 6, 2026
Business

Why kenyan investors are pouring billions into government bonds

November 6, 2026
News

Kenya’s crypto market hits kSh740 billion as digital dollar demand grows

November 5, 2026
News

Firms Raise Prices to Protect Profits Amid Inflation

November 5, 2026
News

How Businesses Protect Profitability Amid Rising Costs

November 5, 2026

LATEST STORIES

The Growing Appeal of Government Bonds

November 6, 2026

US Midterms, Israel’s Political Shift and the Iran War: What Lies Ahead for Global Markets?

November 6, 2026

How working past state pension age affects your pension

November 6, 2026

Why kenyan investors are pouring billions into government bonds

November 6, 2026

Kenya’s crypto market hits kSh740 billion as digital dollar demand grows

November 5, 2026

Firms Raise Prices to Protect Profits Amid Inflation

November 5, 2026

Why companies release their financial results

November 5, 2026

How Businesses Protect Profitability Amid Rising Costs

November 5, 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
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024