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margaret nyakango

ECONOMY-FINANCE

Treasury to Freeze Funds for These 18 Counties

The Controller of Budget (CoB) Margaret Nyakang'o has exhorted the National Treasury not to deliver assets to eighteen districts that spent more than 35% of the monies distributed to them on compensations and other repetitive use. CoB gave an assertion demonstrating that it was in chats on how the freeze would be done - addressing assets for the 2021-2022 monetary year.

  7 months ago ago
Treasury to Freeze Funds for These 18 Counties

POLITICS

Top Government Officials Who Attended Meeting With DP William Ruto (Photos)

Deputy president of Kenya Dr William Ruto has today held a close door meeting where he chaired the 16th Ordinary Session of the Intergovernmental Budget and Economic Council (IBEC) attended by leaders from both sides of political sides. Speaking during the event William Ruto said, "We laud counties for the progress made in settling eligible pending bill.

  1 month ago ago
Top Government Officials Who Attended Meeting With DP William Ruto (Photos)

POLITICS

How much Kenya's next President, Deputy will Earn

In the supplementary budget estimates, President Uhuru Kenyatta and Deputy President William Ruto's annual salaries will be cut by 11.6 percent. Kenyatta and Ruto's total annual income will reduce from Sh41.2 million to Sh36.4 million, according to Business Daily. Since the couple assumed power in 2013, this is the lowest figure.

  3 months ago ago
How much Kenya's next President, Deputy will Earn

POLITICS

Uhuru Caught Red-Handed Again as Fresh Reports Exposes This About Jubilee Government on Tuesday

President Uhuru Kenyatta has once again landed in hot soup and stands a chance of being attacked by Kenyans. This is after fresh reports have now exposed that his administration has continued to borrow since the Covid-19 pandemic struck the country last year. According to the news by the star, The latest budget implementation review report by Controller of Budget Margaret Nyakang'o also shows the government borrowed an average of Sh2.89 billion every day or Sh88.33 billion per month in the past 12 months.But this has already created confusion and anxiety amongst Kenyans bearing in mind that President Uhuru Kenyatta recently announced that Kenya was losing Kshs 2billin every day to greedy and corrupt political leaders in his Government, in a move perceived as a direct attack on a group of political leaders probably his opponents.

  11 months ago ago
Uhuru Caught Red-Handed Again as Fresh Reports Exposes This About Jubilee Government on Tuesday

ECONOMY-FINANCE

TSC Emerges With The Highest Expenditure Of 206 Billion In This Financial Year.

The Teachers Service Commission (TSC) has spent Shs 206 billion to compensate workers for nine months of this financial year to be the highest amount in government Ministries, departments and agencies. Repeated expenditure analysis shows that Sh345.45 billion has been spent by the government departments and organizations.

  11 months ago ago
TSC Emerges With The Highest Expenditure Of 206 Billion In This Financial Year.

ECONOMY-FINANCE

TSC, Police Service Top List of Big Spenders on Salaries

The National Intelligence Service,the Teachers Service Commission and the police were some of the biggest spenders on salaries and remuneration of staff in the past financial year, a report by the Controller of Budget shows. The report, authored by Controller of Budget Margaret Nyakang'o, says that the three entities were part of the government's big spenders on wages, compensation of staff and other benefits during the first nine months of the 2020/21 financial year, earning them slots in the top 10 list of spenders of the recurrent expenditure in govermment.

  9 months ago ago
TSC, Police Service Top List of Big Spenders on Salaries

POLITICS

Blow To MCAs As KRA Demands Tax From Uhuru Car Grant Offer

Members of the county Assemblies are facing another hurdle as the Kenya Revenue Authority(KRA) demands atleast 30% Tax from the car grant offered by president Uhuru Kenyatta.

  1 year ago ago
Blow To MCAs As KRA Demands Tax From Uhuru Car Grant Offer

ECONOMY-FINANCE

Treasury Urged to Disburse Money to State Agencies on Time Amid Stagnated Spending

The Controller of Budget (CoB) wants the National Treasury to release money to government agencies promptly based on their annual work plans and cash-flow projections. The spending report for the first nine months of the 2020/21 financial year shows there was low absorption of the agencies development budgets.

  9 months ago ago
Treasury Urged to Disburse Money to State Agencies on Time Amid Stagnated Spending

POLITICS

Alleged List Of Governors And CS Who Have Attended Ruto's IBEC Meeting

The deuth president William samoei Ruto is currently reported to be chairing a meeting of the intergovernmental Budget and Economic council ,those who have attended the meeting are some governors and cabinet secretaries . Ruto is set to finish the meeting ,the he will be expected to land for a political rally at Narok county .

  6 months ago ago
Alleged List Of Governors And CS Who Have Attended Ruto's IBEC Meeting

POLITICS

List of 14 MPs to be Decorated with State Awards by President Uhuru on Mashujaa Day

Almost a month before the prestigious Mashujaa Day, the president is expected to decorate a number of members of parliament, senators and state officials with state awards. Through the StarKenya official Twitter page, State awards are extended to a person who has otherwise brought honour, glory, or pride to Kenya.

  7 months ago ago
List of 14 MPs to be Decorated with State Awards by President Uhuru on Mashujaa Day

POLITICS

List of Leaders Attending DP Ruto's Karen Meeting Revealed, Nyanza ODM Governor Among Them

Today, Deputy President William Ruto is hosting the Inter-governmental Budget and Economic Council (IEBC) meeting in Karen Office. Among those who have officially attended as per Dennis Itumbi, include governors Martin Wambora, Nderitu Mureithi, Stanley Kiptis, Josphat Nanok, Paul Chepkwony, Anyang Nyong'o, Jackson Mandago,Anne Waiguru and Hillary Barchok.

  6 months ago ago
List of Leaders Attending DP Ruto's Karen Meeting Revealed, Nyanza ODM Governor Among Them

ECONOMY-FINANCE

List Of Counties That Spent 0% on Development in 2021/2022 First Quarter Financial Year

Controller of Budget Margaret Nyakang'o has released a report of counties on how they spent revenue sent to the counties in the Months of October and November.picture Courtesy The report showed counties spent 93% of the disbursed funds to pay workers salaries and allowances leaving just 6% for development.

  4 months ago ago
List Of Counties That Spent 0% on Development in 2021/2022 First Quarter Financial Year

ECONOMY-FINANCE

Over 30 counties fail to spend cash on pending bills despite allocation

The controller of the budget (CoB) has revealed that 30 counties did not spend even a single cent to settle the pending bills in the first three months of the financial year (FY) 2021/2022. Listed in the recent report by Margaret nyakang'o are the counties of Baringo, Busia, Homa bay,Elkeiyo Marakwet,Isiolo,Kajiado, Kilifi,Kisumu,Kwale,Lamu, Machakos, Marsabit,Meru,Mogori,Nairobi city and Nakuru.

  4 months ago ago
Over 30 counties fail to spend cash on pending bills despite allocation

POLITICS

MCA's joy cut short on car grants by the president Uhuru

Just a few days after the Members of County Assemblies (MCAs) were granted a car pledge grant, the move by the SRC left many Kenyans in anger claiming the misuse of public funds as the MCAs get a higher salary that can cater for themselves.

  1 year ago ago
MCA's joy cut short on car grants by the president Uhuru

POLITICS

Sorry MCAs! Uhuru's Sh2 Million Car Grant New Twist Revealed

It was a Super Tuesday for former Prime Minister Raila Odinga and President Uhuru Kenyatta after more than 20 county assemblies passed the Building Bridges Initiative (BBI).Baringo County stands as the only assembly that has rejected the motion that was characterized by chaos last week.

  1 year ago ago
Sorry MCAs! Uhuru's Sh2 Million Car Grant New Twist Revealed

ECONOMY-FINANCE

20 County Governments Cautioned Over The Late Submission Of Expenditures 2020/2021 Financial Year

Nairobi county. The Office of the Controller of Budget Boss Margaret Nyakango has today cautioned 20 county governments for failing to submit their 2020/2021 expenditures to her office. In a special report that was released by Nyakango on the expenditure of county governments, the 20 counties had delayed to submit their financial and non financial reports.

  11 months ago ago
20 County Governments Cautioned Over The Late Submission Of Expenditures 2020/2021 Financial Year

POLITICS

MCAs BBI Car Grants Might Be A DayDream Says Controller Of Budget

A letter addressed to the CEO of the salaries and remuneration commission from the Controller of Budget has highlighted the difficulties behind the promise made by Uhuru to MCAs on February 10th.

  1 year ago ago
MCAs BBI Car Grants Might Be A DayDream Says Controller Of Budget

POLITICS

Blow To MCAs As Car Grant Offered By Uhuru Is Temporary Halted

The Members of county assemblies (MCAs) are facing another big challenge that will affect the car grants that had been offered by president Uhuru Kenyatta during his visit to Sagana.

  1 year ago ago
Blow To MCAs As Car Grant Offered By Uhuru Is Temporary Halted

ECONOMY-FINANCE

Why The IFMIS Platform Has Been A Nightmare to Many Kenyans

The Senate Finance committee now wants the Integrated Financial Management Information System (IFMIS) utilized by both the county and national governments scrapped. The committee that met different IFMIS users noted that despite billions of shillings invested in acquiring the system almost ten years ago, money is still being looted from public coffers.

  10 months ago ago
Why The IFMIS Platform Has Been A Nightmare to Many Kenyans

POLITICS

The Woman Who 'Stands' Between MCAs And Their Government Granted Cars

ONLY PARLIAMENT CAN: Controller of Budget Margaret Nyakango takes the oath of office at the Supreme Court on December 4 last year.Image: COURTESY Not at any point has the Office of the Controller of Budget declined the giving of car grants to MCAs.

  1 year ago ago
The Woman Who 'Stands' Between MCAs And Their Government Granted Cars