Treasury bond,Treasury bonds Stories

National Treasury raises Sh71.4 billion from bond sale, exceeding target
Lucy Mumbi  |  Apr 03, 2025

According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.

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.

Treasury and SRC clash over Pension Bill amid cost of living debate
Maureen Kinyanjui  |  Mar 28, 2025

SRC argues that using current salary levels as the basis for pension calculations would rectify discrepancies and ensure fairer retirement benefits fo...

Kenya not likely to attain debt sustainability until after 2029 – Treasury
Alfred Onyango  |  Mar 26, 2025

CBK data shows Kenya's public debt hit Sh10.027 trillion in the last week of June 2023, effectively breaching the then statutory debt ceiling which wa...

Treasury CS John Mbadi addresses concern over budget cuts to counties
Alfred Onyango  |  Mar 26, 2025

Mbadi said the claim that the National Treasury was diverting funds was completely out of tune with the normal budgetary process.

Banks face crackdown as CBK pushes for lower lending rates
Maureen Kinyanjui  |  Mar 26, 2025

CBK Governor Kamau Thugge revealed that the regulator has initiated onsite inspections to ensure banks reduce their lending rates in line with the low...

National Treasury allocates Sh3 billion for public budget forums in counties
Maureen Kinyanjui  |  Mar 23, 2025

The current Parliament has conducted hearings in 34 counties over the past two financial years, with 18 counties included in one year and 16 in anothe...

Treasury CS Mbadi says Kenya will not halt borrowing despite Sh11.2 trillion debt
Lucy Mumbi  |  Mar 20, 2025

Kenya’s debt-to-GDP ratio stood at 65.7 per cent as of June 2024—well above the 55 per cent sustainability threshold.

Kenya yet to utilise Sh1.3 trillion in external loans - CS Mbadi
Maureen Kinyanjui  |  Mar 19, 2025

Treasury Cabinet Secretary John Mbadi revealed that these unutilized funds continue to accrue commitment and interest fees.

Government debt repayments jump by Sh68.7bn as interest costs soar
Lucy Mumbi  |  Mar 17, 2025

The sharp rise in domestic interest payments highlights the financial strain of borrowing from the local market as the government navigates rising deb...

National Treasury seeks Sh17.6 billion to settle mounting debts owed to KRA
Maureen Kinyanjui  |  Mar 14, 2025

KRA’s liabilities related to employee salaries, contracted services, and operational costs reached Sh4.06 billion by the end of June 2024.

Treasury seeks Sh180 million for new office spaces
Maureen Kinyanjui  |  Mar 13, 2025

With a funding shortfall of Sh30.9 billion, the Ministry of Health is now exploring ways to bridge the deficit. Health Director General Dr. Patrick Am...

Funding shortfall halts evacuations as Kenyans remains stranded in DRC, Lebanon
Maureen Kinyanjui  |  Mar 12, 2025

The Diaspora Affairs Ministry is requesting Sh120 million to repatriate Kenyans stuck in Thailand, Lebanon, and the Democratic Republic of Congo (DRC)...

Counties divert additional funds from National Treasury to salaries, limiting services
Lucy Mumbi  |  Mar 11, 2025

Between July and December 2024, counties spent Sh103.2 billion out of Sh184.8 billion to pay workers.

EACC wants law changed to allow it retain half of recovered graft proceeds
Lucy Mumbi  |  Mar 11, 2025

According to Abdi, if the amendment is approved, the EACC’s budget could increase by Sh2.5 billion annually, supplementing its current allocation amid...

National Treasury in a spot over Sh40 billion withdrawn and spent without MPs’ approval
Lucy Mumbi  |  Mar 10, 2025

The revelation has sparked fresh debate on the government’s budgetary practices, with MPs calling for stricter measures to prevent the misuse of publi...

Treasury admits to Sh220 billion excess borrowing citing delays in foreign financing
Lucy Mumbi  |  Mar 10, 2025

Legislators questioned the Treasury’s commitment to reducing public debt and adhering to its own policies.

Treasury under pressure to explain unresolved Sh17.23 billion three-decade debt
Maureen Kinyanjui  |  Mar 07, 2025

The Commission on Revenue Allocation has called for transparency on why the debt, incurred before 1997, remains unsettled.

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