Tag: Ukur Yatani

Court allows EACC to detain Ksh62.1M found in former CS Ukur Yatani’s nephew’s house

The Anti-corruption Court in Nairobi has allowed EACC to detain Ksh 62.1 million belonging to former Treasury CS Ukur Yatani‘s nephew retrieved from his house for six months pending investigation over graft allegations linked to the Marsabit County Government. Justice Esther Maina made the directive after the EACC filed an application seeking an order allowing […]

Gov’t attributes fuel prices hike to Russia-Ukraine war, says prices likely to increase further

The government has forecast a further rise in fuel prices attributed to the Russia-Ukrain war which has seen global prices soar. In a statement on Wednesday, June 15, 2022, Treasury Cabinet Secretary Ukur Yatani said that due to the rising fuel prices, the government could be unable to sustain the fuel subsidy programme. Yatani spoke […]

2022/23 budget: Everything broken down in simple terms for you

The National Treasury and Planning Cabinet Secretary Ukur Yatani is set to read the 2022/2023 budget today, April 7, 2022. The presentation of the budget before the National Assembly at 3.00 pm will be the last for President Uhuru Kenyatta’s regime, which will come to an end after the August 9 elections. The national budget […]

Ukur Yatani: We ‘won’t hand over’ port to China to pay SGR debt

Treasury boss Ukur Yatani denies reports that Kenya risks losing its main port to China should it fail to pay huge loans

MPs reject proposals to increase taxes on cooking gas, unga and wheat flour

MPs removed the items from the VAT pool and if Uhuru assents to the bill, the shelf price of maize and wheat flour will decrease.

Kenyans set for tough year as Treasury cuts budget by Sh386 billion over Covid-19, locust invasion

Out of the total Sh2.72 trillion budget, Sh1.8 trillion will be for recurrent expenditure while Sh551.9 billion has been allocated for development.

Yatani: Slowdown in sector services hurt Kenya economic growth in 2019

Kenya’s economy expanded at a slower pace of 5.4 percent last year, down from 6.3 percent in 2018, Treasury CS Ukur Yatani announced.