parastatals budget kenya Stories

Government freezes hiring, contract renewals across 42 state corporations amid restructuring plans
Maureen Kinyanjui  |  May 22, 2025

Koskei also suspended “any ongoing recruitment processes of staff in any cadre,” and blocked approval or implementation of any new human resource poli...

Treasury targets Sh42 billion from parastatal surplus funds
Maureen Kinyanjui  |  May 20, 2025

National Treasury Cabinet Secretary John Mbadi revealed that many State agencies have been holding back billions by allocating surplus funds to planne...

Six development authorities to be disbanded under government reform plan
Lucy Mumbi  |  May 12, 2025

The disbandment is part of a broader government plan to align state functions with the 2010 Constitution, which introduced devolution and rendered som...

Treasury cracks down on parastatals hiding surplus funds
Maureen Kinyanjui  |  Dec 23, 2024

CS Mbadi has issued a stern warning to parastatals, revealing that some regulatory authorities have been circumventing rules by using surpluses in the...

Govt suspends procurement, printing of corporate wear by state organs
Manny Anyango  |  Mar 27, 2024

Head of Public Service Felix Koskei further ordered the suspension of the purchase of promotional items such as calendars, diaries, umbrellas, power b...

Ruto orders 30pc budget cut for all parastatals, says loss-makers to shut down
Barack Oduor  |  Mar 26, 2024

The president noted that the government and all its organs must operate within their means, ensuring expenditure never exceeds revenue.

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