counties financial mismanagement Stories
Kisii County was found to have the highest wage bill, at a staggering 60 per cent, followed by Mombasa at 57 per cent with Laikipia, Elgeyo Marakwet,...
The findings are expected to prompt a parliamentary probe into the mismanagement of funds and land meant for vulnerable groups.
The audit revealed that Sh13.3 billion had been lost, leaving KUSCCO insolvent by Sh12.5 billion
The main aim of the Hustler Fund is to help those in the informal sector transition to the formal financial system, a crucial step for long-term econo...
The five officials were arrested last Thursday in connection with a major financial scandal at KUSCCO, a key institution for savings and credit cooper...
Treasury data shows that Nairobi, Kisii, and Mombasa were among the worst performers, spending significantly less on development projects.
Despite the economic challenges, the report states that many Kenyans remain hopeful, with 63 per cent expecting their financial situation to improve i...
The PAC is urging county assemblies to take corrective measures, ensure prudent financial management, and adhere to existing regulations to prevent fu...
The council has also sent two Deputy Vice Chancellors, Isaac Migeni and Henry Kiriamiti, on one-year leave as part of the sweeping leadership changes.
The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.
The payment covers arrears for October, November, and December, and was disbursed on Tuesday evening.
The CoG’s report highlighted that these expenditures reflected a disregard for the austerity measures announced by President William Ruto.
The invitation is in line with Articles 201, 221, and 232 of the Constitution, which require public participation in financial matters.
Ufaa had set a target of collecting Sh4.5 billion and 300 million shares for the review period, surpassing the goal for shares but falling short of it...
Out of the total households surveyed, the trend shows a 7.9 per cent dip in the savings culture of Kenyans from 2021, the previous survey period, to d...
Recent government support has enabled the university to pay full salaries and remit deductions as of September 2024.
The unclaimed assets include Sh39.4 billion in shares, which were surrendered to the Treasury, and Sh36.09 billion in cash held in local and foreign c...
The Senate Finance and Budget Committee, chaired by Mandera Senator Ali Roba on Tuesday found that while Sh11.5 billion in assets was expected, only S...
