Relief on Kenyans’ wallets: Mbadi announces jaw-dropping tax cuts

In a move set to provide much-needed relief to citizens, Treasury Cabinet Secretary (CS) John Mbadi has announced a series of significant tax cuts aimed at easing the financial burden on Kenyans. The government’s medium-term budget strategy includes reducing the Value-Added Tax (VAT) alongside cuts to corporate tax and other levies. Speaking at the launch […]

Senate moves to avert looming strike in counties over delayed July salaries

Senate has moved to stop a looming strike by county government workers after they failed to get their July salaries amid the just-ended lawmakers’ stand-off over counties budget. The delay was caused by the failure to enact the Division of Revenue Act as leaders engaged in a back and forth over counties budget. The Senate […]

Central Bank Governor backs graft crackdown at Treasury

Central Bank of Kenya Governor Patrick Njoroge announced on Madaraka Day, 2019 that old generation Ksh1, 000 notes will cease to be legal tender on October 1, 2019. [PHOTO | FILE]

Zachary Ochuodho @zachuodho Central Bank of Kenya (CBK)  Governor Patrick Njoroge has supported the move to charge top National Treasury officials over the Kimwarer and Arror dams scandal. Njoroge said yesterday corruption was a drain to the economy and those involved must be held to account. “The issue of corruption is a significant drain to any […]