Economy
-
Kenya’s debt financing up 50% of total expenditure during UhuRuto regime, nearing Ksh.9 trillion debt ceiling
Increased spending on debt payment has hurt Kenya’s thin revenues, squeezed funds available for development projects, and forced some State…
Read More » -
Kenya’s economy to grow by 6% in 2022
The Government has projected a growth of six percent for the fiscal year 2022/2023. This is against a backdrop of…
Read More » -
Key highlights in Ksh.3.3 trillion 2022/23 budget statement by CS Yatani
In what is seen as the last shot by President Uhuru Kenyatta before he vacates office, the 2022/2023 budget has…
Read More » -
Treasury raises over Ksh.33 billion from three-year bond sale
The Treasury raised Ksh.33.1 billion from the sale of the three-year bond, falling short of the Ksh.40 billion targets. The…
Read More » -
Unregistered SIM card owners to be fined Ksh.300,000 or 6-month jail sentence
Owners of SIM cards which would not have been registered by the respective service providers will be fined Ksh.300,000 or…
Read More » -
Mobile lenders to inform borrowers of listing with CRBs month prior
Digital lenders are now required to notify loan defaulters a month prior, before presenting their names to the Credit Reference…
Read More » -
Kitui County to spend 70% of Ksh.11.6 billion budget on salaries
The County Government of Kitui, through its County assembly’s Budget and Appropriation Committee, has released its 2022/2023 financial year budget…
Read More » -
PSC announces 700 job vacancies; how to apply
The Public Service Commission (PSC) has announced 700 job vacancies in its latest job advertisements. The two job positions are;…
Read More » -
World Bank cuts East Asia’s 2022 GDP growth forecast to 5% on Ukraine crisis
The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact…
Read More » -
PKF urges govt to create consistent tax policy ahead of budget reading
PKF has called upon the government to create a consistent tax policy that is suitable for all sectors ahead of…
Read More »