retirement funds Stories
After school fees and housing, 15 per cent of retirees channel their savings into farming, while 14 per cent start businesses.
Official data shows this is a rise of Sh29.3 billion compared to Sh61.18 billion raised in the same period the previous year.
The failure to release the remaining funds has disrupted learning and forced institutions to operate under tight financial strain, despite continuing...
Nairobi led the way in revenue generation, posting Sh9.9 billion. Narok followed with Sh4.9 billion, then Kiambu at Sh3.3 billion. Mombasa and Nakuru...
Mohamed Khalif Nunde, the chairperson of Garissa civil society organisations, said that NGOs serving communities must be held accountable through mand...
Senators have lowered their proposal slightly to Sh425 billion, while members of the National Assembly insist on a Sh410 billion allocation, leaving a...
The revelations emerged during a heated National Assembly debate, where MPs accused education officials of running a widespread scheme that exploits s...
The CoB warned that the government’s appetite for non-essential expenditure like travel and inflated allowances is worsening the country’s budget defi...
Cash transfers are among the most commonly used social protection tools designed to enhance nutritional outcomes for poor and vulnerable households.
Mbadi decried the persistent non-remittance of pension dues by counties, terming it a significant challenge to the viability of public pension systems...
County Assemblies Forum Secretary General Mwaura Chege said county assemblies are unable to function effectively because their operations depend on ap...
Sh1.37 billion has been disbursed for Free Primary Education, Sh8.9 billion for Free Day Junior School Education, Sh118 million for Junior School Spec...
The Kenya Secondary Schools Heads Association (KESSHA) has warned that if the funds are not released soon, schools may be forced to send learners home...
Principals now say the delay has left institutions cash-strapped, forcing some to withhold pay for non-teaching staff and dodge creditors.
Total funding for the education sector is expected to fall from Sh601.5 billion in 2023/24 to Sh594.2 billion in 2024/25, representing a 1.2 per cent...
The public forums will be held from 8 am to 5 pm in each constituency and at the offices of the 47 County Women Representatives.
Many governors are choosing to sideline or stop projects started by their predecessors, regardless of how much money has already been spent or how clo...
The proposed changes, if passed into law, would increase the period for refund ascertainment from the current 90 to 120 days, along with an extension...
The leaders particularly call for increased awareness campaigns aimed at educating the public on the dire consequences of preventable diseases.
Ultimately, the goal is to establish a National Education Fund to consolidate resources and ensure no child is denied access to education due to a lac...
Under the new framework, those affected by similar shocks will now be eligible for direct government support, backed by the national budget rather tha...
The standoff comes as Mombasa battles collapsing infrastructure, with roads becoming nearly impassable during the rainy season.
KNUT Deputy Secretary General Hesbon Otieno urged the government to ensure the timely release of 30 per cent of the capitation funds allocated for the...
Senators have maintained that they have increased their vigilance in overseeing the timely release of the funds, as many counties struggle to meet the...
Duale said some counties had been using the funds for other purposes, like paying staff, which left many health facilities without basic medicines and...
Orange Democratic Movement party leader Raila Odinga also wants MPs to keep off the NG-CDF, expressing his displeasure with their numerous demands to...
At present, various bodies, including governors, Members of Parliament, ward representatives, the Ministry of Education, and the President, are all gi...
As doubts over Nemis grow, MPs say the audit is necessary to safeguard public funds and ensure that no student is left behind due to data gaps.
He explained that January, February, and March are the most challenging financial months, highlighting the heavy financial commitments the Treasury fa...
The session saw the MPs suspending all other businesses and threatening to boycott the sitting in protest over the delays.
