Pain of Sh67bn shortfall amidst debt repayments

Nairobi, March 31 -- Kenya spent Sh150 billion to repay public debt in the month of March alone, underlying the growing pain to service the country's stock of debt in the midst of a revenue shortfall,... Read More

Bill proposes allowance to 27,000 village elders

Nairobi, March 30 -- A new Bill has proposed a Sh3,000 allowance monthly for thousands of village elders across the country, which will see taxpayers spend about Sh1 billion every year. The National ... Read More

MPs revive attempt to raise pension for former members

Nairobi, March 29 -- Parliament has revived a Bill rejected by former President Uhuru Kenyatta to increase pension for members who retired between 1984 and 2001. The Bill republished by Kimilili MP D... Read More

Treasury official asks MPs to limit access to funds without Parliament nod

Nairobi, March 28 -- A top Treasury official who manages the Consolidated Fund has asked MPs to amend the Constitution to stop the abuse of the provision that allows the withdrawal and use of funds wi... Read More

MPs approve Sh5 billion to support power transmission

Nairobi, March 28 -- Parliament has approved Sh5 billion to support Kenya Power and other players in electricity transmission as the country faces a growing threat from ageing infrastructure. Kenya P... Read More

Auditor flags Sh2bn spent on trains

Nairobi, March 27 -- The National Treasury is on the spot for irregularly diverting Sh2 billion from the Railways Development Levy Fund for the purchase of locomotives to run the meter gauge railway (... Read More

Retired civil servants given Sh1bn for medical insurance

Nairobi, March 27 -- Parliament has set aside Sh1 billion to pay for post-retirement medical insurance cover for civil servants in the financial year starting July 1. This follows a push by the State... Read More

President Ruto takes eight new loans in four months

Nairobi, March 24 -- The Kenya Kwanza administration contracted eight new loans worth Sh43.4 billion in the four months between September 1 to December 31. Treasury says the new loans signed between ... Read More

Privatisation Bill row heads to court

Nairobi, March 23 -- A Senator has vowed to move to court to challenge the push by President William Ruto to sell parastatals without the approval of Parliament as opposition MPs prepare to fight chan... Read More

MPs call Kenya Power chiefs on move to hide bills breakdown

Nairobi, March 23 -- Parliament has summoned the management of Kenya Power to explain why it started hiding a breakdown of charges on electricity bills following complaints from consumers. The Senate... Read More