green finance Stories
The push seeks to disclose data under the International Financial Reporting Standards (IFRS) S1 and S2, steered by the Kenya Bankers Association (KBA)...
The committee’s changes follow concerns that 31 counties were set to lose revenue under the CRA’s plan. Instead of introducing a temporary solution, t...
The launch on Saturday drew local dignitaries, community leaders, and hundreds of residents eager to witness the arrival of a Shari’ah-compliant finan...
Among the biggest debtors are Kenyatta University, which owes Sh12.38 billion, the University of Nairobi with Sh12.22 billion, and Jomo Kenyatta Unive...
The government’s proposed Sh4.2 trillion budget for the 2025/26 financial year, approved by the Cabinet in February 2025, includes Sh3.09 trillion for...
The CS said the law provided that in the event that KDF is deployed to restore peace in areas affected by unrest, under article 241, the chief of the...
Kenya needs continued support to keep its economy on track after its debt-servicing costs surged due to a borrowing spree over the past decade.
Governors have been pushing for at least Sh547 billion as their equitable share, arguing that anything less would hinder service delivery.
He explained that the government’s decision to call in the military to quell the protests was a grave mistake that could have resulted in soldiers ass...
Teferra reaffirmed the IMF's commitment to deploy the Extended Fund Facility, Extended Credit Facility and Rapid Credit Facility programmes to support...
The revelation has sparked fresh debate on the government’s budgetary practices, with MPs calling for stricter measures to prevent the misuse of publi...
Legislators questioned the Treasury’s commitment to reducing public debt and adhering to its own policies.
The Commission on Revenue Allocation has called for transparency on why the debt, incurred before 1997, remains unsettled.
Council of Governors Finance Committee Chairman Fernandes Barasa stressed that counties require Sh547 billion to meet their obligations.
Kwanza MP Ferdinand Wanyonyi questioned the distribution of maize driers, urging the ministry to prioritise high maize-producing regions.
Counties with the highest amounts of unspent funds include Kisii, which has Sh3.46 billion sitting idle in the CRF account, while its development fund...
The revelation underscores the cash flow pressures the government faced leading up to the 2024 tax proposals that triggered countrywide protests.
The supplementary budget, tabled in the National Assembly, increases Kenya's total budget for the financial year ending June to Sh3.56 trillion from S...
With revenue collection falling short of expectations, Treasury's decision to review its budget projections for the 2025-2026 fiscal year reflects the...
