Nairobi, March 2 -- Junior secondary schools, National Government-Constituencies Development Fund, roads, drought-hit populations, and farmers are the biggest winners after MPs approved a Bill authori... Read More
Nairobi, March 1 -- MPs should bring back a law capping interest rates to bring down the cost of loans, the nominee for the post of Deputy Governor of the Central Bank of Kenya (CBK) Susan Jemutai Koe... Read More
Nairobi, Feb. 27 -- Top executives of six key parastatals have been summoned by MPs to answer queries about the mismanagement of public resources in their institutions detailed in audit reports of Aud... Read More
Nairobi, Feb. 27 -- The government has paid Sh3.35 billion in commitment fees on undrawn loans contracted by the Treasury with foreign lenders in the last three years. The National Assembly's committ... Read More
Nairobi, Feb. 27 -- A contractor hired to build an effluent treatment plant at Kenanie Leather Park in Athi River is demanding Sh322 million in unpaid dues from the government, saying that the overdue... Read More
Nairobi, Feb. 23 -- Parliament is investigating allegations of diverting payments meant for suppliers blamed for the growing pending bills that stood at Sh646.8 billion as of December last year. Marg... Read More
Nairobi, Feb. 22 -- Swiss multinational security printer, Sicpa, is set to pocket Sh2 billion from the taxman as part of a settlement of pending bills for the supply of excise duty stamps. The Treasu... Read More
Nairobi, Feb. 21 -- Kenya's spy agency has warned Parliament against effecting a Sh10 billion budget cut, arguing it will hit its efforts to secure the country against security threats including terro... Read More
Nairobi, Feb. 21 -- Parliament has slashed a further Sh1 billion from the financial support to Kenya Airways (KQ), dealing the struggling national carrier a blow. The Treasury had in the supplementar... Read More
Nairobi, Feb. 21 -- Top Treasury officials who approved the withdrawal of Sh6.14 billion four days before last year's general elections to buy out private equity firm Helios in Telkom Kenya risk repay... Read More