President Kenyatta signs Roads Board (Amendment) Bill into law
President Uhuru Kenyatta this morning signed into law, the Kenya Roads Board (Amendment) Bill 2019. The signed Bill seeks to change the mandate and operations of the Kenya Roads Board [...]
Roads Authority to Raise Ksh350B for Development
The Kenya Roads Board (KRB) has announced an ambitious plan to float Ksh350 billion bond in 2020 to fund roads development, maintenance, and rehabilitation. Through the Kenya Roads Board Amendment [...]
Kenya Invites Bids for Construction of KSh 5.8 Billion Thika Road BRT System
The Government of Kenya has invited bids for the construction of the Bus Rapid Transit (BRT system) that will be implemented on Thika Superhighway. According to Transport Cabinet Secretary, James [...]
Winning Counties Under The New Revenue Sharing Formulae
A new revenue allocation formulae will see Nairobi County receive KSh21.2 billion out of the national revenue kitty of KSh 313.9 billion. This is an increase of KSh 5.4 billion. [...]State Corporations to Delay Submitting Financial Reports
State corporations are likely to further delay the announcement of financial reports pending appointment of the Auditor General (AG). The National Assembly will take a long recess from today, December [...]Margaret Nyakang'o Sworn in as Controller of Budget
Margaret Nyakang'o has been sworn in as the Controller of Budget for an 8-year tenure. Parliament's Finance and National Planning committee said that Dr Nyakang'o was well-suited for the job. [...]High Court Suspends City Hall's New Parking Fees
High Court has temporarily halted an order to increase parking fees in Nairobi. The suspension follows a case filed by the Consumer Federation of Kenya (Cofek), accusing city hall of [...]City Hall Increases CBD Parking Fees to KSh 400
Nairobi City Hall has increased the cost of parking in the CBD after enactment of the Finance Act of 2019. From Wednesday, motorists will pay a minimal parking fee of [...]Port Delays Pushing Seed Importers out of Kenya
Government directive to reduce the number of agencies at the Mombasa port to five has come to haunt seed importers. Bulk seed importers have increased demurrage costs as consignments shipped [...]Treasury to Review Allowances as Wage Bill Takes 48% of Revenue
Treasury is looking to cut civil servants' allowances in a bid to curb the country's growing wage bill. The current wages stand at 48.1% of the national revenue. The recommended [...]NSSF Appoints Antony Omerikwa as CEO
Labour Cabinet Secretary, Ukur Yatani, has appointed Mr Antony Omerikwa as Chief Executive officer for the National Social Security Fund (NSSF). Until his confirmation, Antony Omerikwa was the acting managing [...]Kenya Govt Seeks to Cut Public Wage Bill by Ksh 182 billion
The government has assembled a three-day conference to discuss on the plans to cut public wage bill by about Ksh 182 billion. The conference aims to discuss the country's rising [...]
