National Treasury Stories

Treasury officials ordered to repay Sh39 million fradulently paid in unauthorised allowances
Mary Wambui  |  Jun 06, 2025

Lady Justice L.M. Njuguna consequently ordered Murage to refund Sh20,318,000. Of this amount, Sh11,078,601 is to be forfeited from his Equity Bank acc...

Treasury to securitise half of road levy to unlock funds for stalled projects
Lucy Mumbi  |  Jun 04, 2025

Wajir East MP Aden Daud questioned the rationale behind raising the levy beyond the initial Sh7 approved by Parliament.

Mbadi, Miano make new appointments across ministries
Maureen Kinyanjui  |  May 31, 2025

Tourism Cabinet Secretary Rebecca Miano also made new appointments to her docket, naming Nicanor Sabula and Fred Kaigua to the Board of Directors of t...

Government clears Sh118.3bn pending bills in Q1 2025 as Treasury pushes to cut arrears
Lucy Mumbi  |  May 26, 2025

According to Treasury data, the reduction is partly attributed to the ongoing settlements in the infrastructure docket.

Sh46.5 billion equalisation fund shortfall denies marginalised counties critical services
Lucy Mumbi  |  May 25, 2025

According to Auditor-General Nancy Gathungu, only Sh13.4 billion of the approximately Sh60 billion accrued to the fund over 13 years has been released...

Sh876bn fiscal deficit leaves no room for extra spending in 2025/26 budget, MPs warn
Lucy Mumbi  |  May 22, 2025

BAC Chairperson Samuel Atandi announced this as the committee began receiving reports from departmental committee chairpersons on the scrutiny of budg...

Treasury CS Mbadi invites public input for June 12 Budget Statement
Maureen Kinyanjui  |  May 22, 2025

The budget will cover the 2025/26 financial year and aims to address economic recovery, the cost of living, job creation, and the government’s develop...

Treasury tightens PPP rules amid public outrage over secretive infrastructure deals
Maureen Kinyanjui  |  May 21, 2025

The directive responds directly to public outrage over projects like the failed proposal by the Adani Group of India to lease the Jomo Kenyatta Intern...

Treasury doubles budget for Turkana oil project as Kenya accelerates path to commercial production
Maureen Kinyanjui  |  May 17, 2025

With Gulf Energy now in charge and the government laying down groundwork for field development plan approval, the project appears to be gaining fresh...

Report proposes public-private partnership trust fund to tap pension, insurance capital to fund projects
Rachael Mutabasi  |  May 16, 2025

The PPP-ITF proposal focuses on pooling long-term domestic capital from institutional investors such as pension funds and insurance companies. This fu...

Kenya raises Sh194bn through Eurobond to ease 2027 debt pressure, boost fiscal stability
Maureen Kinyanjui  |  May 16, 2025

Treasury officials highlighted the 64 per cent participation rate in the tender and the upsized bond issue as signs of growing confidence in Kenya’s e...

Contractors await Treasury’s verdict as review on Sh518.7bn pending bills nears completion
Maureen Kinyanjui  |  May 09, 2025

As the verification process nears completion, contractors eagerly await the outcome, hoping that their claims will be validated and payments will be p...

Political Parties office gets Sh213 million boost in pre-election budget
Maureen Kinyanjui  |  May 08, 2025

The National Treasury has allocated a total of Sh1.93 billion in recurrent expenditure to the Registrar's office, up from Sh1.72 billion in the curren...

Petition exposes Sh975 billion debt linked to Treasury’s budget law breach
Maureen Kinyanjui  |  May 07, 2025

The borrowing was made possible by the Treasury's failure to submit revenue estimates to the National Assembly alongside expenditure estimates for the...

Treasury CS Mbadi: No legal cap on number of presidential advisors
Maureen Kinyanjui  |  May 07, 2025

Mbadi said the Constitution only limits the number of Cabinet Secretaries, not advisors, and that the president is fully within his rights.

Housing levy collections set to jump by 46% as govt eyes Sh95.8 billion
Lucy Mumbi  |  May 06, 2025

The budget documents tabled in Parliament by Treasury Cabinet Secretary John Mbadi show that statutory deductions from employee pay slips will increas...

MPs seek to limit Treasury CS’s role in VAT exemptions after Sh300 billion revenue loss
Lucy Mumbi  |  May 04, 2025

Budget and Appropriations Committee Chairperson Samuel Atandi has said there is growing consensus in the National Assembly that the authority to issue...

Treasury revives plan to grant KRA real-time access to personal data in push for more tax
Lucy Mumbi  |  May 02, 2025

The move comes barely a year after similar proposals in the Finance Bill, 2024 were dropped following fierce resistance from the public and civil righ...

IMF probes Kenya’s governance in sweeping review set for October 2025 release
Maureen Kinyanjui  |  May 01, 2025

Dr Abraham Rugo, the executive director of Bajeti Hub, expressed scepticism about the novelty of the IMF's findings, suggesting that much of the infor...

Counties get Sh15.1bn relief from Treasury amid mounting arrears, service disruptions
Maureen Kinyanjui  |  Apr 24, 2025

The Sh15.1 billion released on Tuesday went to 22 counties where Nakuru received the highest share at Sh1.61 billion, followed by Turkana with Sh1.12...

Auditor General flags 15 counties over Sh13.26 billion in suspicious cancelled payments
Lucy Mumbi  |  Apr 20, 2025

The audit reveals that these cancellations, which largely took place towards the end of the financial year in June 2024, are partly due to delayed dis...

Lobby moves to court to stop 2025/26 budget over Sh698 million pending bills
Lucy Mumbi  |  Apr 16, 2025

The group argues that the Budget Policy Statement (BPS) dated February 12, 2025, lacks transparency and fails to demonstrate good faith regarding how...

Governors willing to settle Sh10.5 billion roads fund dispute out of court to end stalemate
Maureen Kinyanjui  |  Apr 15, 2025

The National Assembly suggested allocating Sh25.3 billion, while the Senate pushed for the full Sh50.5 billion. Governors and the Senate support direc...

UoN cleared to build 4,000-bed hostels in major students housing expansion
Lucy Mumbi  |  Apr 13, 2025

The project will increase the university’s student housing capacity through the development of a new 2,000-bed hostel at the main campus and two 1,000...

Sh5bn Kenya's flagship research hub stalls amid funding crisis
Lucy Mumbi  |  Apr 13, 2025

According to the Auditor General, Nancy Gathungu, construction began in February 2013, with the initial completion date set for March 3, 2016. But due...

Treasury moves to protect investors from repaying Sh6bn VAT exemptions
Lucy Mumbi  |  Apr 13, 2025

The legislation, which came into effect on December 27, 2024, lacked a transitional clause to shield businesses that had already been granted the exem...

New e-procurement system to fight graft, save Kenyans Sh50bn annually - Treasury
Lucy Mumbi  |  Apr 11, 2025

The E-GP system, launched on Monday, is designed to automate and streamline public procurement processes. It enables government agencies to handle pro...

Treasury CS John Mbadi says Kenya's debt burden is suffocating the economy
Lucy Mumbi  |  Apr 06, 2025

The CS pointed to the misuse of short-term loans to fund long-term projects as one of the key mistakes that plunged the country into its current econo...

MPs push to scrap one-third salary rule amid rising tax burden
Maureen Kinyanjui  |  Mar 29, 2025

The Employment Act, 2007 bars employers from deducting more than two-thirds of an employee’s basic salary.

Government rolls out new e-procurement system to curb corruption
Alfred Onyango  |  Mar 28, 2025

The Exchequer therefore noted that suppliers, contractors, and consultants should self-register on the e-GP portal.

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