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New tax proposal targets motor vehicle owners 

The National Treasury has proposed to introduce a new tax targeting vehicle owners who will be required to pay Motor Vehicle Circulation Tax whenever...

Treasury trims upcoming budget by Ksh 273B

0 The National Treasury has slashed Ksh 273 billion from the draft 2024/2025 budget that is now at Ksh 3.9 trillion. Churchill Ogutu, an economist at...

Counties miss first half revenue collection target by Ksh 20B

County governments managed to raise Ksh 19.95 billion in the first half of the year to December 31, 2023 as their own-source revenue according...

State firms incur Ksh 11.8B in penalty interests from unpaid bills

Taxpayers will have to pay additional Ksh 11.8 billion in penalty interests arising from unpaid bills held by various state corporations and agencies. According to...

Late disbursements hurt FY2023/24 half year budget spending

Low budget absorption rates continues to stalk the government with development vote lagging recurrent budget. The Controller of Budget (CoB) report for the first half...

Tame debt appetite, Controller of Budget tells MPs

The Controller of Budget Dr Margaret Nyakang'o is calling on the National Assembly to play an active role in deterring public debt accumulation in...

KOGS calls for enhanced health budget to cut maternal deaths

The Kenya Obstetrical and Gynaecological Society (KOGS) is urging the government to boost the country’s health budget in order to better equip public health...

Govt. meets 91pc of FY2022/23 spending plans

The government managed to raise Ksh 3.24 trillion in total revenue by the close of the 2022/23 fiscal year against the original estimate of...

Nairobi County goes after property owners to fund Ksh 40B budget

Property owners in Nairobi City could see significant rise in rate charges as part of news measures the county government is seeking to introduce...

State seeks additional Ksh 40B in second supplementary budget

The government is seeking the approval of National Assembly to spend additional about Ksh 40 billion as the second supplementary budget for the current...


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