The Star Campaign cash fight disrupts Kenya Kwanza- According to the star newspaper headline, some affiliates protest they are being mistreated by the big boys. Fuel Subsidy tops Treasury sh64bn extra budget appeal to Mps-The National Treasury has asked the National Assembly to approve an additional sh.64 billion, to stabilise fuel prices In what reveals the extent to which taxpayers are shouldering the burden of meeting the extra Cost of fuel, Treasury has set aside sh37.8 billion, of which it has already spent sh15.8 billion.
Kenyans could soon breathe a sigh of relief after the Finance committee shot down a proposal by the ministry of finance to increase taxes on certain basic commodities. According to reports, the finance committee in parliament has proposed a drastic reduction of taxes on basic commodities including maize flour, wheat flour, cassava and liquid petroleum gas.
The funeral of the late president Mwai Kibaki who died last month was attended by foreign dignitaries and local leaders in Nyayo stadium and Othaya. Kibaki just like any other retired president was accorded a State burial with all the military honours as the fallen commander in chief of the armed forces full with 19 gun salute.
It has emerged that the burial of President Mwai Kibaki cost taxpayers Ksh. 260 million to celebrate the life of the third president of Kenya. The burial of a president always involves a lot of events that are funded by the state. The Ksh. 260 million was spent in nine days from the death of Mr Kibaki to the time his remains were buried in his Nyeri home.
The finance committee has shot down proposals by the national treasury to tax maize wheat and cassava flour. The committee has also recommended that the tax on liquid petroleum gas be reduced by half. Prices of beauty products and nicotine will increase as the committee's recommendation is carried through parliament after taking in the views of the public on the finance bill of 2022.
Kenyans Left Smiling After MPs Made A Crucial Ruling Ahead Of Election Amidst Current Country Crisis
Kenyans have been issued with great news after the members of Parliament made a crucial ruling amidst the current crisis. PHOTO /COURTESY In challenging economic times, lawmakers have rejected Treasury's request to raise taxes and excise duties on alcohol, gaming, motorcycles, and maize flour, giving taxpayers a break.
All Eyes on Matiang'i, Wamalwa as Treasury Allocates Them 600M to Enhance Operations During Election
In light of the 2007 election violence, the government has this time round increased funding to the security apparatus in the country ahead of the much awaited general elections. The ministry of Defence and Interior and Internal Coordination have been allocated a total of 600M by the Treasury to build capacity and see to it that chaos do not erupt during or before elections.
Azimio la Umoja leader Raila Odinga has since unveiled his campaign dream team to the public. The campaign team contains names of different leaders who will lead campaigns in different regions of the country. Among the 16 leaders the Cabinet Secretary for Treasury, Ukur Yattani has been named to lead the Northern Eastern part of Kenya.
Gamblers and Betting firms woke up to bad News following a decision by the court to dismiss a petition filed by punters against a 7.5 percent increment on exercise duty. While making his ruling, High court judge George Odunga stated that levying exercise duty on stakes is proper and lawful.
Governor H.E Dr Wycliffe Oparanya today spoke for the first time about his proposed appointment as Cabinet Secretary for National Treasury and Planning if Azimio forms the next Government. Dr Oparanya broke his silence on the issue by thanking Azimio presidential candidate Rt Hon Raila Odinga for offering him the top position at the Treasury.
The Kenya National Examinations Council (KNEC) has assured all teachers who helped supervise the KCPE and KCSE exams 2021/2022 that they will receive their payments at the beginning of next month direct into their accounts. This came after most teachers have taken to social media to complain over KNEC's failure to pay teachers who invigilated and oversaw the exams in good time.
Kakamega Governor and Orange Democratic Movement (ODM) party Deputy Party leader Hon Wycliffe Oparanya speaking during a past political interview. Photo courtesy. Kakamega County Governor Dr Wycliffe Oparanya who is a close confidante of Orange Democratic Movement (ODM) and Azimio la Umoja One Kenya Alliance presidential candidate Raila Odinga, has broken his silence on his appointment to the Treasury Cabinent Secretary docket which he has been appointed to by Azimio presidential candidate Raila Odinga, saying that it was not his proposal to be appointed as Tresury Cabinet Secretary by Raila Odinga instead it is the Azimio la Umoja delegates from Kakamega county who proposed him for that position.
Days after the death of the third Kenyan Head of State president Mwai Kibaki, the Ministry of Finance will stop funding his offices and the pension he was receiving. This has been revealed on Wednesday morning where it has emerged that Kibaki was the highest paid former president who was enjoying a lot including a fleet of luxury cars, a fully-furnished office and about 40 workers, since leaving office in 2013.
The ministry of Treasury and national planning always budgets for the next financial year which starts on july of every year. This year's budget estimates have already been read to the public and interrogated by Parliament. In the budget estimates, there was a vote for the retired president late Mwai kibaki before his demise.
According to Treasury CS Ukur Yatani, boda-boda riders will be required to carry insurance for their passengers. Ukur Yatani, the Treasury CS, has proposed amending the Insurance Regulation Act to require boda boda operators to obtain insurance for their passengers. Yatani said boda boda operators were engaged in commercial fare-paying passenger business while presenting the 2022/23 budget to Parliament on Thursday.
The Teachers Service Commission (TSC) chief Executive Officer Nancy Macharia has today announced that the Government will hire a total of 6,000 Teachers on Internship basis in order to help address the shortage of Teachers in schools. She said that the recruitment exercise will help fill the positions as the schools open for the 2022/2023 academic year, a year which will see a lot of transitions to other grades and levels.
The ministry of Education through the Teachers Service Commission (TSC) has announced the 11,000 available jobs opportunities. The Commission through its Chief Executive Officer Nancy Macharia said that they will employ 5,000 teacher permanently and hire more 6,000 on Internships. She stated that the teachers will help the ministry of education prepare bits programs for the upcoming Junior Secondary students in the year 2023.
The stalled subsidy scheme for affordable cooking gas has been officially recalled by the national treasury.In the financial year 2023/2024, a total of Ksh. 820 million is estimated to be raised. When compared to the previous financial year, when the cooking gas subsidy was allotted KSH.155 million, this is a tremendous rise.
Against a target of Ksh.60 billion, the National Treasury was only able to raise Ksh.31.7 billion through bonds this month. Between April 28 and May 10, investor bids on the new 10-year paper and the reopened 25-year bond totaled Ksh.43.1 billion, representing a 71.9 percent performance rate.
It has emerged that within the next three months, the office of the former president Mwai Kibaki will be declared nonexistent by the Ministry of Finance. This will effectively see all those employed in those offices either declared redundant or sent back to the ministries that they had been seconded from.