Tag: Treasury

Central Bank Governor backs graft crackdown at Treasury

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 […]

How rogue policemen are preying on Treasury staff amid dams graft case

A policeman attached to Kamukunji Police Station in Nairobi has been arrested for preying on National Treasury officials. Detectives said that Corporal Daniel Arimba Rioba, together with an accomplice who escaped their dragnet, demanded and received Sh200,000 bribe from a Treasury staff on Wednesday. Police said their rogue colleagues demanded the bribe in the pretext […]

Experts ask Uhuru to plug leadership gap at the Treasury

Correspondent @PeopleDailyKe The Treasury is too critical a government function to be left without a substantive Cabinet Secretary. These are the sentiments coming from a cross section of experts and politicians concerning the current leadership vacuum at Treasury since the arrest and arraignment of Henry Rotich and a host of other top bosses at the […]

Tension at Treasury over CS Henry Rotich grilling

Fred Aminga @faminga Tension engulfed the corridors of power after Treasury boss Henry Rotich, a man considered by many as a close confidant of President Uhuru Kenyatta, stepped into the offices of DCI for interrogation over the stalled Sh63 million Arror and Kimwarer dams. This is the second time the man considered a non-controversial Cabinet […]

BUDGET 2019: Top earners hit hard by proposed taxes

The National Treasury is drafting a bill to harmonise the tax bracket which will target the top earners in the society. Cabinet secretary Henry Rotich said the government plans to review the tax bracket of all cadres. Rotich, in his post-budget press conference, said the proposed bill will be introduced in Parliament next month. “Kenyans […]

How Treasury CS will spend your Sh2tr taxes

Fred Aminga @faminga National Treasury Cabinet secretary Henry Rotich will this afternoon read the budget banking on the new Kenya Revenue Authority Commissioner General James Mburu to raise Sh2.12 trillion to fund his Sh3.08 trillion expenditure. The bulk of the cash will go towards boosting Jubilee administration’s flagship projects with Sh1.84 trillion set aside for the […]