finance bill protests kenya Stories

Defence CS Tuya lays out modalities of KDF deployment in internal security matters
Mary Wambui  |  Mar 19, 2025

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 and IMF agree to start formal talks on new lending programme
Reuters  |  Mar 17, 2025

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.

Senators reject Treasury’s Sh405 billion allocation for counties, demand Sh465 billion
Lucy Mumbi  |  Mar 17, 2025

Governors have been pushing for at least Sh547 billion as their equitable share, arguing that anything less would hinder service delivery.

Raila: I stopped Ruto’s regime from falling under military rule during Gen Z protests
Lucy Mumbi  |  Mar 16, 2025

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...

IMF urges Kenya to balance loans acquisition with sound economic policies
Charles Adinda  |  Mar 14, 2025

Teferra reaffirmed the IMF's commitment to deploy the Extended Fund Facility, Extended Credit Facility and Rapid Credit Facility programmes to support...

National Treasury in a spot over Sh40 billion withdrawn and spent without MPs’ approval
Lucy Mumbi  |  Mar 10, 2025

The revelation has sparked fresh debate on the government’s budgetary practices, with MPs calling for stricter measures to prevent the misuse of publi...

Treasury admits to Sh220 billion excess borrowing citing delays in foreign financing
Lucy Mumbi  |  Mar 10, 2025

Legislators questioned the Treasury’s commitment to reducing public debt and adhering to its own policies.

Treasury under pressure to explain unresolved Sh17.23 billion three-decade debt
Maureen Kinyanjui  |  Mar 07, 2025

The Commission on Revenue Allocation has called for transparency on why the debt, incurred before 1997, remains unsettled.

Governors, National Treasury face off over Sh140 billion county allocation gap
Maureen Kinyanjui  |  Mar 07, 2025

Council of Governors Finance Committee Chairman Fernandes Barasa stressed that counties require Sh547 billion to meet their obligations.

Mutahi Kagwe calls for increased funding to sustain key agricultural programmes
Maureen Kinyanjui  |  Feb 22, 2025

Kwanza MP Ferdinand Wanyonyi questioned the distribution of maize driers, urging the ministry to prioritise high maize-producing regions.

Sh48.5 billion county funds remain unused at CBK as devolved units struggle with finances
Charles Adinda  |  Feb 20, 2025

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...

Government breaches law by using Sh467.6 billion from borrowed loans for salaries
Maureen Kinyanjui  |  Feb 19, 2025

The revelation underscores the cash flow pressures the government faced leading up to the 2024 tax proposals that triggered countrywide protests.

Top state offices allocated Sh5 billion more for salaries, entertainment amid budget cuts
Maureen Kinyanjui  |  Feb 19, 2025

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...

Treasury mulls using existing tax rates for 2025-2026 budget after deadly protests in 2024
Maureen Kinyanjui  |  Feb 15, 2025

With revenue collection falling short of expectations, Treasury's decision to review its budget projections for the 2025-2026 fiscal year reflects the...

Motorists to pay more taxes as government seeks to reintroduce levies shelved after protests
Maureen Kinyanjui  |  Feb 13, 2025

In addition to the insurance tax, the congestion levy is expected to target major urban areas such as Nairobi, Mombasa, Kisumu, Eldoret, and Nakuru.

Wa Iria: County finance officers to be liable for deliberate non-payment of contracts
Maureen Kinyanjui  |  Feb 12, 2025

According to Wa Iria, the Public Procurement Regulatory Authority will escalate cases of non-compliance to relevant enforcement agencies for appropria...

Controller of Budget launches investigations into suspect bank accounts in counties
Lucy Mumbi  |  Feb 08, 2025

Nyakang’o said her office is scrutinising the accounts to determine when they were opened, who manages them, and their intended purpose.

Treasury CS Mbadi takes budget consultations to the ground to avoid repeat of Finance Bill protests
Lucy Mumbi  |  Feb 04, 2025

Mbadi said the meetings are part of the government’s effort to reconnect with ordinary citizens and seek their views on what should or should not be i...

Cabinet approves bills to streamline project funding, boost traders' access to credit
Lucy Mumbi  |  Jan 21, 2025

The bill, which amends the Public Finance Management Act, 2025, requires state agencies to open project-specific bank accounts for funds allocated to...

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