… PSSF chief executive Dr Jonah Aiyabei attributed the approximately Sh100 billion increase to strategic diversification of investments away from government securities, coupled with timely remittances from the National Treasury. …
… PHOTO | COURTESY Audio By Vocalize Wiper Patriotic Front leader Kalonzo Musyoka has warned against the National Treasury's proposal to implement the Treasury Single Account (TSA) for National and County Governments, arguing that the move would undermine devolution and reverse gai …
… Subscribe to our newsletterHe started his career at the National Treasury as an Accountant Grade II before rising through the ranks to serve as a District Accountant in different parts of the country.He later joined the Siaya County Government, where he served as Chief Officer fo …
… By May 2023, the advocate had recovered Sh303.8 million through various court orders, prompting IRA to seek approval from the National Treasury for a supplementary budget to settle the contingent liability. …
… sm for mobilising and managing resources for wildlife conservation, including Human-Wildlife Conflict Mitigation.“We submit that the government supports strengthening the sustainability and predictability of compensation financing and will continue to engage the National Treasury …
… Achila faces three counts, while Wangari faces four counts linked to the alleged fraudulent disbursement of Sh1.569 billion from the National Treasury Development Account to the programme. …
Audio By VocalizeThe Kenya Revenue Authority’s (KRA) Customs and Border Control Department has opened the 2026-27 financial year with a record Sh92.53 billion in revenue collected in July 2026, surpassing the National Treasury’s target of Sh86.16 billion. …
… Kindiki praised the National Treasury for what he termed timely disbursement of funds to the 47 county governments, saying the national government had released all equitable share allocations due to counties up to August. …
… Audio By Vocalize Deputy President Kithure Kindiki has lauded the National Treasury for timely disbursement of funds to counties saying the government is keeping its promise of no delayed payments to ensure the counties serve the people without financial challenges. …
… The National Treasury and Parliament should ring-fence multi-year funding for intelligent testing throughout the season, both in and out of competition, including smaller national and community races. …
The Kenya School of Law requires an additional Ksh.220 million to fully equip its newly completed ultra-modern library. The school has received Ksh.70 million so far from the National Treasury and the Office of the Attorney-General, against a total estimated requirement of Ksh.290 million.
The Kenya School of Law requires an additional Ksh.220 million to fully equip its newly completed ultra-modern library. The school has received Ksh.70 million so far from the National Treasury and the Office of the Attorney-General, against a total estimated requirement of Ksh.290 million.
The Kenya School of Law has unveiled a new ultra-modern library and two moot courts designed to strengthen legal research, practical training, and professional skills development for aspiring lawyers. The library, which can accommodate about 2,000 users with currently available seating of approximately 400, holds about 15,708 books and provides digital learning resources.
The Kenya School of Law requires an additional Ksh220 million to fully equip its newly completed Ultra-Modern Library and Moot Courts, which was designed to accommodate approximately 2,000 users but currently has only about 400 seats available.
Attorney General Dorcas Oduor has filed a Notice of Appeal against a High Court ruling that declared the sale of the government's 15 per cent Safaricom shareholding to Vodafone Kenya Limited null and void. National Treasury Cabinet Secretary John Mbadi stated the government disagreed with the court decision, maintaining that the partial divestiture was legitimate.
The Controller of Budget's report on the 2025/2026 financial year reveals that while ordinary Kenyans face cost-of-living pressures, parts of government continued high spending on travel, hospitality, and emergency expenditures that bypass usual checks. The national government spent Ksh.30.6B on travel and Ksh.74.5B in non-remitted deductions during the period.
Kenya's banks hesitate to invest in the blue economy despite its potential, citing concerns over market volatility and unclear regulation. A senior government official has called on financial institutions to support maritime and shipping investments, noting the sector's capacity to create jobs and drive economic growth.
Bishop Gatimu Ngandu Girls High School in Nyeri has been ordered to explain a Sh1 million investment in the Nairobi Securities Exchange after MPs questioned why it earned only Sh5,381 in dividends in a year. The school also failed to immediately provide investment documents or evidence of National Treasury approval.
Battery and scrap material manufacturers are pressuring Kenya Revenue Authority to stop dealers smuggling tonnes of scrap metal to Tanzania and Uganda through border points like Holili and Busia, alleging that KRA officials stationed at borders allow the contraband through. The industry warns that unchecked smuggling threatens legitimate recycling businesses and government revenue.
Nairobi Governor Johnson Sakaja says the city is owed Sh2.7 billion in outstanding land rates, with police stations, prisons, and military barracks among the biggest defaulting tenants. Sakaja told the Senate that full collection could raise up to Sh80 billion annually, but his administration faces difficulty recovering what is owed.
The Technopolis Development Authority has completed its board appointments with three new members—James Musee Nduna, Yvonne Teresia Ogwang, and Yunis Omar—enabling the Authority to implement its expanded national mandate under the Technopolis Act, 2026.
Kenya's public debt reached Sh13.120.87 trillion as of end-June, representing 68.5 per cent of GDP and exceeding the 55 per cent legal ceiling, while President Ruto claims his administration has slowed borrowing and stabilised the economy, a claim contradicted by Treasury data and warnings from fiscal watchdogs and the International Monetary Fund about rising refinancing pressures.
The Controller of Budget has raised concerns over the National Treasury's misuse of Article 223 of the Constitution to access billions from the Consolidated Fund for routine, day-to-day office operations, contrary to law, according to her National Government Budget Implementation Review Report for the 2025/26 financial year.
Kenya's public debt crossed Sh13 trillion in June, reaching 68.5 per cent of GDP, well above the 55 per cent legal ceiling, according to Treasury data. The country's fiscal watchdog and the International Monetary Fund warn that rising refinancing needs are squeezing public finances, despite President Ruto's assertions that his administration has slowed borrowing and stabilised the economy.
Controller of Budget Margaret Nyakango has raised concerns that the National Treasury is misusing Article 223 of the Constitution to authorise expenditure from the Consolidated Fund for routine, day-to-day office operations contrary to law, according to her National Government Budget Implementation Review Report for the 2025/26 financial year.
An opinion piece argues that Kenya's fiscal environment is characterized by chaotic annual tax cycles, with budget promises made in February undermined by Finance Bills in June and sudden policy changes like the KRA's customs benchmark shift in August, creating unsustainable uncertainty for businesses.
The Controller of Budget Margaret Nyakang'o has flagged Kenya's public debt at Sh13.01 trillion, with the debt-to-GDP ratio rising to 68.5 per cent against a legal limit of 55 per cent, and called on the National Treasury to urgently reduce borrowing to address rising debt-service costs and budget deficits.
Kenya has signed a partnership with Italian firm GKSD Group to develop 15 new hospitals across the country, comprising 13 Level 5 county referral hospitals and two Level 6 national teaching and referral hospitals. The agreement, signed at State House Nairobi and witnessed by President Ruto, is part of the Government of Italy's Mattei Plan for Africa partnership framework.
Migori Governor Ochillo Ayacko has called for a national constitutional conference to revisit devolution, arguing that more than a decade in, counties remain constrained by held-back funds and legal "clawbacks." He noted devolution has shifted development toward local needs and advanced healthcare, roads, and industrialisation, citing Migori's progress toward an international airport and tourism development.
President William Ruto said closer partnership between national and county governments has enabled progress in healthcare, agriculture, industrial development and digital systems, and brought decision-making closer to people while strengthening local accountability.
The Public Service Superannuation Fund plans to introduce mortgage and post-retirement medical savings products and expand to contract workers as part of a diversification strategy, with a Bill before the National Assembly to enable the changes and rebrand under PSSF.
An opinion piece argues that Kenya's Beyond Vision 2030 process should be led by leaders who understand implementation, not just planning, citing Vision 2030's mixed record: it delivered infrastructure projects like the Thika Superhighway and Standard Gauge Railway, but failed to translate economic growth into jobs and equity.
State House spending reached Ksh.18.55 billion in the 2025/2026 financial year, more than double its original allocation of Ksh.8.5 billion, with Ksh.6.73 billion classified as "other expenses" that could not be classified under ordinary votes, raising questions about public fund use.
Three local edible oil companies—Golden Africa Kenya Ltd, Pwani Oil Products Ltd and Kapa Oil Refineries Ltd—have sued the Kenya Revenue Authority, the National Treasury Cabinet Secretary and the Attorney General, claiming the KRA has refused to refund more than Sh2.3 billion in excess taxes paid before a High Court outlawed a 10 per cent import tax increase on palm oil.
The National Assembly Public Investments Committee on Governance and Education has raised concerns over financial management in Kenya's national schools, citing growing fee arrears, unauthorised borrowing and weak procurement practices. The committee, chaired by Luanda MP Dick Maungu, found that some schools have accumulated outstanding fees dating back more than a decade, with debts in the millions of shillings.
The Kenya Revenue Authority has integrated its electronic tax invoicing system (eTIMS) with the government's central payment platform (IFMIS), creating an automated checkpoint that prevents suppliers from receiving state payments without a clean tax record. Suppliers must now generate valid eTIMS invoices matching their tax records before processing payment claims through IFMIS.
A group of boda boda riders in Nairobi's Ngando area started a self-help group in 2020 to pool and save money for business expansion and financial support. After a bank declined their loan application, they accessed financing through Apstar Sacco, which was supported by the SAFER initiative.
An opinion piece argues that Kenya's borrowing from China must be assessed not only by the debt amount but also by the infrastructure built—citing the Standard Gauge Railway as a major national transport asset that creates long-term value.
Kenya's outstanding debt to China has fallen 19 per cent from its 2021 peak to Sh616.8 billion following a currency conversion agreement, while the World Bank's exposure has surged to nearly triple that amount. China now accounts for 10.8 per cent of Kenya's Sh5.685 trillion total external debt.
Health Cabinet Secretary Aden Duale attributed delayed September salaries for Universal Health Coverage staff to counties' refusal to integrate payroll systems, saying about 12 counties resisted establishing a sustainable payroll mechanism for 7,786 UHC workers. Duale said the ministry has no funds to pay the staff unless counties add them to their payrolls or the ministry receives direct transfers.
Parliament's National Assembly Departmental Committee on Housing challenged the State Department for Housing and Urban Development over delays in the Government's Affordable Housing Programme, demanding detailed updates on stalled projects and timelines for completion. The State Department attributed delays to procurement challenges, limited contractor capacity, project management shortcomings, and transition to the electronic government procurement system.