Govt Plans More Toll Roads, Discounts, Penalties, to Finance Maintenance
The Ministry of Roads and Transport is mulling discounts to motorists as it seeks to toll more new and improved roads to finance maintenance, according to a draft road tolling [...]
Central Bank Lowers Benchmark Interest Rate to 10.75%, Plans On-Site Inspections
The Central Bank of Kenya (CBK) has cut the benchmark interest rate from 11.25% to 10.75%, and said that it has embarked on on-site inspection of banks to ascertain that [...]
Nearly Half of Verified Pending Bills not Genuine-CS Mbadi
Nearly half of the verified pending bills are not authentic, raising questions on figures before the public raised by suppliers for compensation, National Treasury Cabinet Secretary John Mbadi has said. [...]Kenya Ports Authority on EACC Radar over KSh 2bn worth Criminal Activities
The Kenya Ports Authority (KPA) is under investigation for economic crimes whose value the Ethics and Anti-Corruption Commission (EACC) puts above KSh 2 billion. According to the anti-graft body's report [...]Nairobi County Revises Budget by Kshs 905m, Allocates Kshs 1.3bn to Pending Bills
Nairobi City County has revised its 2024/5 budget upwards with estimates from the supplementary budget pushing the figure to Ksh 44.7 billion from Ksh 43.6 billion. To finance the revised budget [...]South Sudan Blocks All Social Media To Censor Gory Content
On Wednesday, the South Sudan's government ordered all Internet Service Providers (ISPs) in the country to block access to social media platforms like TikTok and Facebook for three months. “We [...]Treasury Proposes to Remove CBK from T-bills, Bonds Sales
Treasury has proposed that it take over the Central Bank of Kenya’s (CBK) role of selling government bonds and treasury bills as part of broader reforms to streamline debt operations [...]Government Moves to Allay Fears of Mass Job Losses After Restructuring 90 Entities
The government will move ahead with a new phase of restructuring to cut wastage and promote efficiency, according to a Cabinet dispatch on Tuesday which listed 90 entities that will [...]Aging Workers Risk Retirement without Pension Benefits
Kenya is sitting on a social security time bomb following systemic failures by public sector employers to remit statutory deductions to pension schemes. “Some County Governments have not included these [...]Kenya's Proposed Law for Crypto Firms Includes Physical Offices, Vetted CEOs
The National Treasury has published the Virtual Asset Service Providers Bill, 2025, that aims to regulate crypto firms by requiring them to set up offices locally, seek licenses, and have [...]CS Mbadi Targets Diaspora Bonds, ESG Instruments, as Debt Control Turns Challenging
As Kenya works to bring the national debt to acceptable levels, the Public Debt Management Office is exploring opportunities for diversifying sources of external borrowing in particular targeting Diaspora Bond, [...]State Mulls Tougher Social Media Regulations
The government is planning to make social media platforms establish physical offices locally, as part of a broader strategy to combat what it calls ‘digital abuse’. “To ensure responsibility and [...]
