retirement funds Stories
The move follows revelations that Sh244 million deducted from employees’ salaries between 2009 and 2013 was never remitted into the registered scheme.
The law requires each county to set up a County Assembly Fund, managed by the clerk, to receive and retain all assembly monies. Any withdrawals must b...
Auditor General Nancy Gathungu issued a qualified opinion on the fund’s financial statements, citing unsupported expenditures, misuse of funds, and br...
The governor expressed deep concern that many students from the county — in primary and secondary schools, colleges, and universities — are being sent...
The reform introduces a new layer of oversight over county finances, allowing the budget controller to track cash movements and flag questionable acti...
Every school will undergo a rigorous validation exercise to confirm registration with the county education board and the posting of a substantive prin...
The uproar comes a day after Education Cabinet Secretary Julius Ogamba, appearing before the Senate Committee on Education, requested one more week to...
Nyakang'o noted that while facility improvement funds helped offset some shortfalls, overreliance on health revenues leaves counties vulnerable to fis...
Ngumbi further cautioned that ward representatives and county officials doing business with county governments risk breaching the new Conflict of Inte...
The report shows that Sh275.9 million of the funds involved unsupported balances across 16 parties, while Sh325.9 million was linked to cash managemen...
Internal reports reveal that 719 schools provided incorrect bank details, risking misdirected or delayed funds, while around 900 schools submitted inc...
The case was lodged by a group of residents from Kotulo sub-county, who accuse their MP, Haro Abdul Ebrahim, of unilaterally setting up Gode Secondary...
Kenya's pension and health insurance systems were meant to bring people dignity in old age. But fraud, delays and broken promises have left retirees a...
The dispute dates back to a Nakuru High Court decision in April 2025, which stopped the Controller of Budget (CoB) from approving bursary withdrawals.
Roads and Transport Cabinet Secretary Davis Chirchir tabled the disbursement details before the National Assembly’s Budget Committee chaired by Alego...
The funds cover stipends for the June and July 2025 payment cycles under the Cash Transfer for Orphans and Vulnerable Children (CT-OVC) Programme, par...
According to the ministry, schools that have completed verification have already received payments, while the rest are expected to be funded by next w...
Between 2021 and 2024, the total fund value grew by 41 per cent, and by 182.6 per cent over the past decade since 2014, when it stood at Sh789 billion...
Vice Chairperson Danson Mungatana called on the Assemblies to take greater initiative in their work instead of leaning heavily on the National Governm...
Education Principal Secretary Julius Bitok cited a special audit by the Auditor General, which flagged instances where funds were not reaching the int...
Milemba recalled that last term ended earlier than scheduled because of similar funding delays, insisting that the government must urgently act to avo...
The court also imposed a fine of around $220,000 (Sh28.4 million), a significant penalty in the small, oil-rich Central African state.
The former governor noted that corruption and patronage extend beyond Parliament, saying that legislators who distribute CDF projects to relatives and...
Kenya Union of Post-Primary Education Teachers (Kuppet) Deputy Secretary General Moses Nthurima also raised the alarm, saying the delay had set up sch...
The Elimu Bora Working Group called for President William Ruto to release the report and recommendations of the presidential working party on educatio...
If Mbadi’s Inua Jamii proposal is approved, former councillors would receive Sh2,000 monthly payments through the programme, which supports vulnerable...
Absa Bank Kenya Chief Finance Officer Yusuf Omari said Sultanah is built for the visionary business woman that wants to bank ethically while meeting t...
This setback comes after the Treasury ended the previous fiscal year with no pending payments to counties, a sharp contrast to past years when arrears...
The Kenya Roads (Amendment) Bill, 2025, introduced by Homa Bay Town MP Peter Kaluma, proposes changes that would ensure counties benefit directly from...
The audit report highlights widespread irregularities in the allocation of scholarships and bursaries, with some counties unable to provide supporting...
