Tag: Treasury

The Kenyan government has sought to overturn a Court of Appeal decision that invalidated the Finance Act 2023, warning that ...

Kenya's government has announced plans to reduce key tax rates in the medium term, including cutting Value Added Tax (VAT) ...

Members of Parliament have accused the National Treasury with deliberately undermining crucial development projects by withholding KES 218.5 billion intended ...

Newly appointed Treasury Cabinet Secretary (CS) John Mbadi has pledged to integrate the payroll system across state departments with the ...

On August 8, 2024, John Mbadi was officially sworn in as Kenya's new Treasury Cabinet Secretary at State House, Nairobi. ...

The National Treasury has reopened two infrastructure bonds (IFBs) for its August 2024 issuance, aiming to revitalize its domestic borrowing ...

The National Treasury's decision to allocate over KES 2.5 billion of public funds to cover import taxes for a private ...

A special audit of Kenya's external loan servicing has uncovered significant shortcomings in the country's loan contracting process, raising concerns ...

Kenyan investors have overwhelmingly rejected the latest government bond offering, with the subscription rate falling to a mere 2.4%. The ...

Kenya will transition to accrual accounting from cash-based accounting starting July 1, marking a major overhaul aimed at improving transparency ...