… In April, Parliament passed the VAT Amendment Act, reducing VAT on fuel to eight per cent from the standard rate of 16 per cent for three months, but also giving the Treasury Cabinet Secretary a leeway to extend the relief by another three months. …
… In April, Parliament passed the VAT Amendment Act, reducing VAT on fuel to eight per cent from the standard rate of 16 per cent for three months, but also giving the Treasury Cabinet Secretary a leeway to extend the relief by another three months. …
As the fiscal year starts, there seems to be a sigh of relief at the hierarchy of Treasury with the unlocking of about Sh161.8 billion (US$1.25 billion) credit facility from the World Bank. …
… It is the number that determines whether a newsroom functions or quietly bleeds out.When that debt went unresolved and the newspaper continued to report, the response from the highest office in the land was not a payment plana, a Treasury directive, or even a phone call. …
… Chastened by the exercise, I set aside my frustration and began looking for holiday work to supplement the household income.That lesson came to mind last week during a discussion with a group of Gen Zs about the national budget presented to Parliament by Treasury Cabinet Secretar …
… son Airport is developing a comprehensive master plan that will guide future growth and modernisation of the facility despite budgetary constraints to mitigate infrastructure and finance implementation of the master plan; thus subsidiary budget have been submitted to the Treasury …
… Treasury Cabinet Secretary John Mbadi said the allocation is intended to strengthen local administrative capacity and recognise the role of village elders in conflict resolution, intelligence gathering, and community-level security support. …
NAIROBI, Kenya, June 11 — Treasury Cabinet Secretary John Mbadi has defended the government’s 2026/2027 budget, saying the country is facing difficult economic realities that have made the current financial plan one of the most challenging in recent years. …
NAIROBI, Kenya, Jun 10 — Treasury Principal Secretary Chris Kiptoo says final preparations are underway for the FY 2026/27 Budget Statement, which will be presented to the nation on Thursday, June 11, 2026, by Cabinet Secretary John Mbadi. …
The government has extended the eight per cent VAT rate on petroleum products by three months to continue offering Kenyans relief from high fuel costs, using powers granted by Parliament's April VAT Amendment Act which allows the Treasury Cabinet Secretary to extend the initial three-month relief period.
The government has extended the eight per cent VAT rate on petroleum products by three months to continue offering Kenyans relief from high fuel costs, using powers granted by Parliament's April VAT Amendment Act which allows the Treasury Cabinet Secretary to extend the initial three-month relief period.
The government has extended the eight per cent VAT rate on petroleum products by three months. Parliament had previously reduced VAT on fuel from the standard 16 per cent to eight per cent for three months, with provision for the Treasury Cabinet Secretary to extend the relief.
Kenya's Treasury has unlocked a Sh161.8 billion (US$1.25 billion) credit facility from the World Bank after days of stalemate with the World Bank and IMF over public debt disclosures and governance concerns.
The Standard's opinion piece states that the government owes Standard Media Group over Sh1.2 billion in unpaid advertising bills, and argues the state should settle its financial obligations rather than attacking the outlet's journalism.
An opinion piece uses a personal anecdote about family budgeting to explain how national budgets, like household finances, involve tough tradeoffs between competing needs and limited resources.
Wilson Airport management cited delays in infrastructure projects as causing revenue loss and hampering capacity for passenger, cargo and aviation services. Land encroachment by private individuals holding the Wilson title deed is constraining expansion space and posing safety risks to aircraft operations.
The Kenyan government has allocated Sh3.9 billion for stipends to village elders to strengthen local administrative capacity and recognise their role in conflict resolution and community-level security. Security spending overall rises to Sh567.3 billion in the 2026/27 budget, the largest sectoral allocation in the Sh4.84 trillion fiscal plan.
Treasury Cabinet Secretary John Mbadi defended the government's 2026/2027 budget, saying difficult economic realities including external shocks, weak revenue collection and rising inflation have made it one of the most challenging spending plans in recent years. The budget is expected to address education, healthcare, agriculture, infrastructure and security while the government seeks to balance expenditure, debt obligations and demand for essential services.
Treasury CS John Mbadi has arrived at Parliament to present the 2026/27 budget, valued at Sh4.84 trillion. The budget expects to raise Sh3.67 trillion while facing a deficit of Sh1.17 trillion to be financed through borrowing, with debt repayment consuming the largest share of expenditure at Sh1.3 trillion.
Treasury Principal Secretary Chris Kiptoo says final preparations are underway for the FY 2026/27 Budget Statement, to be presented on Thursday, June 11, 2026, by Cabinet Secretary John Mbadi. The budget aims to accelerate economic transformation, create jobs, support businesses, and improve the livelihoods of Kenyans.
The Standard's opinion piece argues that fintech lending—from high-interest instant-cash apps to asset-finance schemes for motorcycles and cars—employs predatory practices including hidden charges, public shaming via phonebook contact sharing, and unreasonable repayment terms, and warns that these "loans from hell" prey on vulnerable borrowers.
US President Donald Trump signed an executive order creating a voluntary framework under which AI developers will share advanced models with the government before public release, allowing companies such as OpenAI, Google or Anthropic to give government access to their most powerful models for up to 30 days before planned release.
The ruling UDA party has accused opposition leaders of exploiting the ongoing fuel crisis and public transport disruptions for political gain, with UDA Secretary General Hassan Omar attributing the sharp rise in fuel prices to global geopolitical tensions, particularly Middle East conflicts affecting international oil supply chains, rather than local policy failures.
The Standard's editorial says the media industry in Kenya is in crisis, with 90 per cent of outlets unable to pay salaries and over 2,000 journalists losing jobs in five years. The Standard Group claims the government owes it Sh1.2 billion in pending advertising bills, which it characterizes as a systematic attack on press freedom.