Treasury Stories

IEBC declares preparedness for November 27 mini-polls as Treasury releases funds
Rachael Mutabasi  |  Sep 27, 2025

Ethekon added that discussions also covered preparations for the 2027 general election, voter registration exercises, and the upcoming campaign launch...

MPs demand clear plan as Treasury delays Sh864 million payments to media houses
Alfred Onyango  |  Sep 27, 2025

MPs sought to understand how GAA ensures that the information reaches the target audience across the country, even as the agency claimed it had saved...

MPs question proposed sale of East African Portland Cement shares to Tanzanian firm
Rachael Mutabasi  |  Sep 26, 2025

The EAPC Board warned that the sale could create concentrated ownership, granting Kalahari Cement, in association with Bamburi Cement, an effective 41...

Court orders equal pay for UHC nurses amid absorption plan
Maureen Kinyanjui  |  Sep 26, 2025

Justice Stella Rutto said the Ministry of Health and the Public Service Commission (PSC) must ensure that nurses performing the same roles receive equ...

No new levies in 2026 budget as Treasury focuses on improving revenue efficiency
Maureen Kinyanjui  |  Sep 25, 2025

Revenue for the coming financial year is projected at Sh3.58 trillion, while planned expenditure is Sh4.64 trillion, leaving a Sh1 trillion budget gap...

Private sector credit surges to Sh10.7 billion in June as lending recovers
Maureen Kinyanjui  |  Sep 24, 2025

Further, the CBK’s consecutive reductions in the indicative lending rate, including the latest cut to 9.50 per cent in August, made loans more afforda...

Treasury announces Sh21.1 billion cut to 2025-26 budget amid revenue shortfalls
Maureen Kinyanjui  |  Sep 24, 2025

The shortfall reflects lingering economic disruptions from the 2024-25 fiscal year, when the withdrawal of the Finance Bill 2024 and months of protest...

Counties accuse Treasury of over-control, blame e-procurement for slow services
Lucy Mumbi  |  Sep 24, 2025

The governors have accused the Treasury of ignoring their concerns and failing to demonstrate where the e-procurement system is functioning successful...

Treasury slashes revenue targets, signals higher borrowing ahead
Maureen Kinyanjui  |  Sep 23, 2025

Tax collections alone were Sh76 billion short, with income tax contributing the largest deficit of Sh32.1 billion. Treasury also cited the withdrawal...

Kenya’s economy expanded by 4.9 per cent in first quarter of 2025, says Treasury PS Kiptoo
Maureen Kinyanjui  |  Sep 20, 2025

The PS highlighted the vital role of insurance and reinsurance in promoting financial stability and pledged government support for inclusive and innov...

Treasury to launch debt automation system, single account on October 1
Maureen Kinyanjui  |  Sep 19, 2025

TSA will enable daily, real-time monitoring of all government funds, reduce account fragmentation, and close gaps that previously allowed the misuse o...

Treasury CS Mbadi: E-procurement rollout will proceed despite High Court suspension
Lucy Mumbi  |  Sep 19, 2025

CS Mbadi argued that manual procurement systems have been a major source of corruption and revenue loss.

Governor Johnson Sakaja blames Treasury for delayed county salaries
Maureen Kinyanjui  |  Sep 18, 2025

Governor Johnson Sakaja said the county has not received its equitable share for the past two months, forcing a reliance on local revenue that is insu...

Treasury disburses Sh2.6 billion to boost recovery of MSMEs
Maureen Kinyanjui  |  Sep 13, 2025

The five-year Sh7.1 billion initiative was designed to fill financing gaps in the MSME sector, gaps that widened during the Covid-19 pandemic.

PS Kiptoo: Government has full control of e-Citizen platform
Maureen Kinyanjui  |  Sep 12, 2025

The PS said that doubts over its control were misplaced since vendors had “completely and unconditionally” surrendered the platform to government agen...

KRA Commissioner Rispah Simiyu seconded to National Treasury amid leadership changes
Lucy Mumbi  |  Sep 11, 2025

KRA Commissioner General Humphrey Wattanga said the changes are part of “ongoing efforts to strengthen institutional capacity, enhance service deliver...

MPs summon Treasury CS Mbadi, PS Kiptoo and PPRA chief over e-procurement system implementation
Lucy Mumbi  |  Sep 11, 2025

This follows the annulment of the mandatory use circular by Parliament and a recent High Court suspension.

Kenya set to raise Sh370 billion with first-ever debt-for-food swap
Maureen Kinyanjui  |  Sep 11, 2025

The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, h...

Procurement deadlock eases as government resumes IFMIS payments
Maureen Kinyanjui  |  Sep 11, 2025

In a circular issued on Monday, Treasury Principal Secretary Chris Kiptoo directed accounting officers to use IFMIS for pending bills, goods and servi...

Kenya secures Sh958 million refunds for KDF in Somalia amid donor uncertainty
Maureen Kinyanjui  |  Sep 09, 2025

These funds are provided by the AU and its international partners, particularly the European Union (EU) and the United Nations (UN), to cover the cost...

High Court ruling puts brakes on National Treasury’s mandatory e-procurement directive
Carolyne Kubwa  |  Sep 08, 2025

In a ruling delivered on September 8, 2025, Justice Bahati Mwamuye ordered that the contested Treasury circular be stayed until the case is heard and...

Kenya deviates from debt plan, risks debt trap amid soaring interest payments – CoB
Alfred Onyango  |  Sep 06, 2025

The latest national budget review report by the Office of the Controller of Budget reveals that as of June 30, 2025, Kenya’s total public debt stood a...

State agencies owe Sh6 billion in unpaid statutory deductions, Treasury warns
Maureen Kinyanjui  |  Sep 05, 2025

Unremitted contributions to the Social Health Insurance Fund (SHIF) rose sharply to Sh125.62 million, compared with Sh76.45 million in the previous ye...

CoB warns of pending bills, identifies key contributors to Sh25 billion fines
Maureen Kinyanjui  |  Sep 05, 2025

The Ministry of Roads and Transport is the largest contributor to the accumulated fines, with penalties totalling Sh21.3 billion on top of its pending...

Debt servicing limits Kenya’s ability to fund development – CoB
Maureen Kinyanjui  |  Sep 04, 2025

This reliance has forced the National Treasury to roll over obligations repeatedly, creating a cycle where new borrowing is primarily used to pay off...

1,420 public agencies now on government’s e-procurement platform
Maureen Kinyanjui  |  Sep 03, 2025

Treasury Cabinet Secretary John Mbadi emphasised that no public office will be allowed to buy goods or services outside the e-GP system, which he says...

Penalties on pending bills surge by Sh3.7 billion, hitting Sh25.28 billion
Maureen Kinyanjui  |  Sep 03, 2025

Figures released by the Controller of Budget (CoB) show that fines and interest linked to pending bills increased to Sh25.28 billion from Sh21.58 bill...

Counties not against e-procurement, just need a functional system - CoG Chair Ahmed Abdullahi
Maureen Kinyanjui  |  Sep 03, 2025

The Treasury’s e-procurement initiative seeks to digitise and standardise tender processes, including advertisements, submissions, evaluations, and aw...

Cash crunch hits counties as e-procurement system implementation falters
Maureen Kinyanjui  |  Aug 30, 2025

The e-GP rollout, launched last month, requires all county and national budgets to be uploaded before procurement can proceed.

Union seeks court orders to halt privatisation of Kenya Pipeline Company
Carolyne Kubwa  |  Aug 28, 2025

It argued that the lack of transparency has raised fears over the future of thousands of workers, since there is no clear assurance that jobs will be...

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