Prof. Njuguna Ndungu
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Kenya
What it Means as Treasury Proposes to Turn Housing Levy Into Deductible Tax
Treasury Cabinet Secretary Njunguna Ndung’u revealed new measures during a budget reading session on Thursday, June 13, 2024, and in…
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East Africa
Treasury Sets Aside 27.6% of Ksh.3.92 Trillion Budget for Education
The National Treasury has proposed a substantial allocation of Ksh.657 billion for the 2024/25 Financial Year. Treasury Cabinet Secretary Prof.…
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East Africa
State Extends Tax Exemption to Pensioners: Early Retirees with Over 20 Years of Contributions to Benefit
The government has announced plans to exempt pensioners from tax payouts at retirement as a way of providing financial relief…
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Markets
Investors avoid Kenya’s 6-year bond to raise Ksh.52.9 billion
Investors avoided Kenya’s auction of a 6-year Bond worth Ksh.87.8 billion, as the country walks a tight rope to meet…
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Economy
Over Ksh.80 billion short-term loan to be converted into long-term as Kenya struggles with debt repayment
The Kenyan government is looking to convert short-term loans into long-term to subdue pressure arising from loan maturities.At least Ksh.87.8…
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Economy
Kenya blacklists expensive creditors as Treasury seeks new facility from World Bank
Kenya is banking on a concessional borrowing from potential creditors to help itself re-profile its liabilities including swap of expensive…
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