Margaret Nyakang'o Stories
Nyakang’o said her office is scrutinising the accounts to determine when they were opened, who manages them, and their intended purpose.
In response, senators vowed to engage more closely with governors to ensure that the Auditor-General’s and Controller of Budget’s recommendations are...
The review shows that only 411 of the affected employees were listed in the official staff biodata, contrary to public service regulations.
The low spending is mainly due to delays in the disbursement of funds by the Treasury, coupled with the effects of budget rationalisation under the Su...
In particular, Kisii County has Sh3.46 billion sitting unused in its CRF account, with only about Sh6.8 million in its development fund.
CoB Margaret Nyakang’o commented on the low development budget absorption, stating, that this indicates that some planned activities were not implemen...
As of September 30, 2024, pension payments for ordinary and commuted pensions had reached Sh58.57 billion, but only Sh24.23 billion was covered by exc...
A recent report by the Architectural Association of Kenya suggests that only 1,189 houses have been finished by the current administration.
Nyakango advised county governments to adopt austerity measures to ensure that expenditures align with available resources.
The CoG’s report highlighted that these expenditures reflected a disregard for the austerity measures announced by President William Ruto.
Development expenditure during the first quarter of the financial year amounted to Sh106.39 billion, translating to an absorption rate of 17 per cent,...
The current public debt currently stands at 67 per cent of GDP, amounting to Sh10.79 trillion as of September 30, 2024, a sharp increase from Sh10.58...
The allocation contradicts prior government claims that no taxpayer funds were being used to finance the mission in Haiti.
The CoB's report reveals that unremitted PAYE alone rose by Sh3.85 billion, bringing the total outstanding amount to Sh22.89 billion.
The request follows the latest report by the CoB, which highlights the alarming scale of unpaid bills within county governments.
Despite the clear directives, a new report indicates that counties are still in breach of these requirements.
Governance experts are concerned that the borrowing, combined with the delays, could lead to serious financial strains on the county governments.
This marks the second consecutive year that some counties, including Trans Nzoia, Isiolo and Uasin Gishu, have avoided foreign travel altogether.
The rising debts have placed immense pressure on the private sector, with businesses struggling to cope with unserviced bills.
